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Data & Analytics

  • Gap Q4 outlook tops expectations amid strong January

    San Francisco -- Gap Inc. posted strong sales for January and issued a fourth-quarter profit forecast that topped expectations.

    The retailer said its same-store sales rose 1% in January. Analysts had expected a drop of 1.3%. Net sales for the four weeks that ended Feb. 1 were $899 million, compared with net sales of $1.13 billion for the five-week period ended Feb. 2, 2013.

    For the fourth quarter, net sales were $4.58 billion, compared with $4.73 billion a year earlier.

  • Ann Inc. anticipates higher sales for Q4 2013

    Ann Inc., parent company of Ann Taylor and The Loft, expects net sales and same-store sales to increase for the fourth quarter and full year fiscal 2013, on a year-over-year basis.

    For the full year, Ann Inc. issued guidance for total net sales of $2.49 billion, reflecting a total net sales increase of 5% and a same-store sales increase of 2%.

  • Food Lion launches grocery coupons tool

    Food Lion has unveiled a new online tool, MVP Coupon Hub, to make accessing grocery coupons online easier for customers.

    The new tool, found on the grocer’s website features load-to-card and printable coupons.

  • HBC sites provide online personalization with True Fit

    Toronto -- Hudson’s Bay and Lord & Taylor are offering True Fit’s fit personalization technology to consumers at TheBay.com and LordandTaylor.com. In less than 60 seconds, consumers can create a True Fit profile at either site, enabling them to get a personal fit rating and size recommendation for every style.

  • Bebe posts Q4 loss

    Brisbane, Calif. – Bebe Stores Inc. had a difficult second quarter of fiscal 2014, reporting a net loss of $5.5 million. Net sales declined 4.1% to $130 million, from $135.5 million reported for the second quarter a year ago. Same-store sales decreased 1.9%.

    CEO Steve Birkhold acknowledged challenges, but cited sequential improvement in same-store sales and holiday sales, as well.

  • Sport Chek, West Edmonton Mall, Edmonton, Alberta

    Sport Chek has opened a flagship in the largest shopping mall in North America: West Edmonton Mall, Edmonton, Alberta (Canada). The sporting goods retailer has woven interactive technology and digital installations throughout the 80,000-sq.-ft. space, which is designed to offer a personalized shopping experience that connects consumers to the sports they are passionate about.

  • RILA applauds "practical" reg reform

    Government regulators tend to complicate retailers’ lives more often than not, but one federal agency is winning praise from a key trade group for its common sense approach to compliance.

    Yesterday, the U.S. Environmental Protection Agency (EPA) released its Notice of Data Availability (NODA) as part of its process to improve existing regulations that have been applied to the handling of unsold or returned consumer products at retail facilities. The Retail Industry Leaders Association (RILA) released the following statement today in response to EPA’s notice.

  • Kirkland’s not immune to severe weather

    Kirkland’s reported improved year-over-year net sales for the full fiscal year 2014 but a decrease in the fourth quarter, thanks to severe weather-related declines in traffic throughout December, which affected important weekend sales days.

    Net sales increased 2.7% to $460.6 million during fiscal 2014, compared with $448.4 million the prior fiscal year, while same-store sales rose 0.5%.

    During the fourth quarter, net sales decreased 4.2% to $156.1 million, compared with $162.9 million in the previous fourth quarter. Same-store sales were flat.

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