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Data & Analytics

  • The top online customer service provider is…

    A retailer noted for consistently strong online customer service has received top ranking once again.

    For the second consecutive quarter, L.L Bean is the top-ranked company in Stella Benchmarks from StellaService. During the third quarter of fiscal 2015, L.L .Bean ranked within the top 10 for four of five service areas in Stella Benchmarks, including phone (No. 5), email (No. 3), chat (No. 7) and returns (No. 4). In shipping, L.L. Bean ranked outside the top 25.

  • Specialty retailer shines with record sales and earnings

    A specialty retailer that is defined by consistent same-store increases for the past three quarters, an over-the-top televised fashion show and loyal customers who still love its in-store experience has chalked up another record quarter.

    L Brands, the parent company of Victoria's Secret and Bath and Body Works, kept its winning streak going in the third quarter ended Oct. 31. Same-store sales increased 7%. Net sales rose 7% to $2.48 billion.

    Net income rose 24.4% to a better-than-expected $164 million, compared to $131.8 million last year.

  • Big changes help Target hit the bullseye in Q3

    Marketing and merchandising changes at Target Corp. are paying off as the retailer reported better than expected traffic and sales in the third quarter.

    For the quarter ended Nov. 1, Target reported a same-store sales increase of 1.9%. Net sales rose 2.1% to 17.6 billion.

    Profit rose to $549 million, or 87 cents per share, up from $352 million, or 55 cents per share in the year-ago period. Not including one-time items, the company earned 86 cents per share, which was in line with Wall Street expectations.

  • Corporate sustainability: Even Walmart can’t do it alone

    Ten years ago, the CEO of Walmart and the president of Environmental Defense Fund hiked together on Mount Washington in New Hampshire. Along the way, Lee Scott of Walmart (now retired) and Fred Krupp of EDF talked about climate change and the environmental challenges of our time. They also talked about ways that Walmart could drive positive environmental change in its product lines and operations.

  • Economic recovery driving Lowe's sales

    Lowe's pointed to a favorable economy and improved productivity while reporting third-quarter results that beat expectations.

    The company reported net earnings of $736 million for the quarter ended Oct. 30, up 25.8% from the same period a year ago. Sales for the quarter were up 5.0% to $14.4 billion.

  • Sports Authority vet leaves for Ollie's Bargain Outlet

    Ollie's Bargain Outlet Holdings Inc. is looking to a Sports Authority executive to fill the newly created position of senior VP of finance and chief accounting officer.

    The company has named Jay Stasz to the position, which will report to John Swygert, Ollie's executive VP and CFO.

  • Staples profits, sales still on the decline

    Staples says its reinvention is on track despite a disappointing financial performance in the third quarter.

    For the third quarter ended Oct. 31, Staples reported a profit of $198 million. Same-store sales decreased 2%. On a per-share basis, the Framingham, Massachusetts-based company said it had profit of 31 cents. Earnings, adjusted for non-recurring costs, came to 35 cents per share. The results matched Wall Street expectations. Revenue was $5.59 billion, which fell short of Street forecasts.

  • Update on EMV migration

    EMV adoption by consumers is on the rise, even as merchants are struggling to catch up.

    Those are among the key findings of a survey by Ingenico Group, which found that 60% of U.S. cardholders have received EMV cards from their banks/card issuers.

    Out of the U.S. cardholders who have both EMV and magstripe cards, 54% prefer magstripe cards over EMV cards, with 44% attributing their preference to habit.

    For more, click on the infographic below:

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