Data & Analytics

What data breach? HD’s comps increase 5.8%
Customers at the nation’s largest home improvement retailer appeared to shrug off any concerns about a data breach as Home Depot’s sales increased 5.4% to $20.5 billion. Comparable store sales increased 5.2%, but grew 5.8% at U.S. stores. The increased productivity at existing stores drove profit growth, with earnings increasing to $1.5 billion, or $1.15 per share, compared to $1.4 billion, or $95 cents a share, the prior year.
Toys“R”Us rewarding most loyal shoppers
For many shoppers, it’s that time of year to skip the holiday meal, devise a shopping strategy and get in line, right?

Well, not if you are a Toys”R”Us Rewards member.

The company is now among the growing ranks of retailers looking to create an aura of exclusivity with shoppers by promoting early access to the hottest holiday prices.

The retailer plans to give its nearly 19 million loyalty program members a sneak peek of Black Friday deals on more than 100 items beginning Nov. 23.

Online holiday sales to total $61 billion

Increased use of tablets and smartphone this holiday season will help online sales grow 16% to a record $61 billion, but desktop computers still dominate, according to the online measurement firm comScore.

The company said online sales during the November and December timeframe would be primarily driven by desktop computers, but noted that mobile devices are growing at a faster rate. Spending using desktop computers is projected to grow 14% to $53.2 billion while mobile commerce is projected to grow 25% to $7.9 billion and account for 13% of total e-commerce sales.
Hunters hurt Dick’s Q3, golfers did more damage

A lack of golfers and hunters didn’t prevent Dick’s Sporting Goods from realizing third quarter profit expectations and increasing e-commerce penetration to a new high.

The company’s total sales increased 9% to $1.5 billion and sames-store sales increased 1.1%, toward the low end of the company’s guidance, which envisioned a 1% to 3% increase.
Report: CVS will open Boston innovation lab

Woonsokcet, R.I. -- CVS Health will reportedly open a 15,000-sq.-ft. digital innovation lab in Boston during the upcoming winter. According to BetaBoston, CVS hopes to ultimately have about 100 employees working at the center, both new hires and workers moved from the CVS headquarters in Woonsocket, R.I.
Survey: 40% of hoilday shoppers use mobile apps

Los Gatos, Calif. -- Forty percent of holiday shoppers use mobile shopping apps. According to a new poll of 1,000 U.S. consumers from Wanderful Media, parent company of local sales site Findnsave.com, 51% of shoppers are very interested in receiving mobile notifications regarding holiday deals and sales, and 20% of them have already signed up to receive mobile sale alerts.
Shoes of Prey opens in-store design studios at Nordstrom

New York –- Omnichannel footwear brand Shoes of Prey is launching an exclusive partnership with Nordstrom to house its design your own shoes studio concept in six Nordstrom locations across the country.
Urban Outfitters misses on Q3 profit, same-store sales

Philadelphia –- Urban Outfitters missed Wall Street expectations for the third quarter of fiscal 2015 with a larger-than-predicted 33% decline in net income to $47.14 million from $70.26 million in the same period a year earlier. In addition, same-store sales fell 1% compared to expectations of flat results.
Sears offers ‘Reserve It’ feature to loyalty members

Hoffman Estates, Ill. -- Sears has introduced "Reserve It,” a free service that lets Shop Your Way loyalty program members identify apparel and footwear items in-stock at their local store, place them on hold and then try them on in-store. Members log in to their Shop Your Way account on Sears.com and select their local Sears store; apparel and footwear product searches will now show items in-stock at that specific store.
Study: Facebook leading social network for holiday promotion

New York -- During the 2014 holiday season, marketers will run more campaigns on Facebook than any other social network. According to new data from Experian Marketing Services, 49% of global marketers who run social-media campaigns will do so via organic Facebook posts, and 34% plan to use paid ads or boosted posts.
Dayton Mall to introduce Artec Group Shapify Booth

Dayton, Ohio -- The Dayton Mall is launching the Shapify Booth, a 3D full body scanner from Artec Group, on Tuesday, Nov. 18 in the mall’s center court. The booth takes a full scan of a person in 12 seconds, which is then 3D printed to create a full-color figurine called a “Shapie.”
Deloitte: Consumer spending dips in October

New York -- The Deloitte Consumer Spending Index marginally dipped in October after two months of consecutive increases. The Index tracks consumer cash flow as an indicator of future consumer spending. The Index, which comprises four components--tax burden, initial unemployment claims, real wages and real home prices--decreased to 4.1 in October from 4.4 the prior month. Highlights of the Index include: