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Data & Analytics

  • Foot Locker still outrunning its competitors

    Higher demand for running and basketball shoes is translating into more record sales and profits for Foot Locker, which reported impressive third quarter results on Friday.

    The New York-based specialty athletic retailer posted a same store sales increase of 8.7% in its third quarter ended Oct. 31.

  • One big-box retailer shows digital ‘genius’

    Of all the major big-box retailers, only one has a digital IQ ranking in the “genius” range.

    According to the new Big Box Digital IQ Index from business intelligence firm L2 Inc., Home Depot stands along among big-box chains with a genius-level digital IQ score of 144. IQ scores measure performance in four key areas of site and e-commerce, digital marketing, social media, and mobile and tablet.

  • More c-suite changes for Francesca's

    Francesca's has lost its chief financial adviser just weeks after naming a new head merchant and a new senior marketing executive.

    The Texas-based company announced that CFO Mark Vendetti has resigned from the company effective Dec. 4. Cindy Thomassee, Francesca's current VP of accounting, has been appointed to the role of interim CFO and will report directly to CEO Michael W. Barnes while the company conducts a search for a CFO.

  • Gordmans gains momentum ahead of holidays

    Gordmans Stores ended its same-store sales dry spell and successfully launched an e-commerce site in the third quarter, leaving CEO Andy Hall upbeat about the company’s prospects.

    Gordmans, operator of 102 off price department stores, said same-store sales increased 0.8% and total sales increased 4.9% to $153.9 million in the third quarter ended Oct. 31. The company also noted that gross margin improved 50 basis points to 44.4% due to reduced markdown activity.

  • Ace is still the place for hardware shoppers

    Oak Brook, Illinois-based Ace Hardware Corporation reported third quarter 2015 revenues of $1.3 billion, an increase of $148.5 million or 13.2% from third quarter 2014. Net income was $54.2 million for third quarter 2015, an increase of $16.9 million or 45.3% from last year.

    "We are delighted to announce the best third quarter sales and profit in Ace’s history," said John Venhuizen, President and CEO, Ace Hardware Corp. "The credit falls squarely on the shoulders of our world-class retailers, associates and corporate teammates.”

  • The North Face, London

    The North Face puts its passion for adventure and the great outdoors front and center in its new flagship on Regent Street in London. Designed to inspire customers to explore the world, the 4,300-sq.-ft. store has a sleek, modern look.

  • Destination XL adds global strategy exec as sales grow

    Destination XL says it is on pace to open its 175th store next year as the big and tall retailer also posted a jump in same-store sales and filled a newly created position with a veteran from Genesco.

    For the third quarter ended Oct. 31, same store sales at the company increased 4.3%. Destination XL also narrowed its loss to $5.47 million, or 11 cents a share. In the previous year period, the company reported a loss of $6.28 million, or 13 cents a share.

  • Ross Stores joins off-price winners circle

    Ross Stores joined rival off-price retailer TJX in avoiding the weak traffic trends that have plagued other retailers in the third quarter, as shoppers continue to be attracted to value-priced merchandise.

    Ross Stores reported that earnings per share for the 13 weeks ended Oct. 31 increased 15% to 53 cents on net earnings that rose 12% to $216 million. Sales for the fiscal 2015 third quarter grew 7% to $2.783 billion, with same store sales up 3%.

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