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Data & Analytics

  • Amazon.com produces 2Q profit

    Shares of Amazon.com surged past the $500 mark after the company reported a second quarter profit and revealed more details about a phenomenally successful Prime day promotion that fell in the third quarter.

  • True colors: What a CFO needs to know about paint

    CSA: What is one of the first things a CFO should know when bidding out a paint project?         JG: There are many factors that go into a store remodel, and paint is one that is generally seen as a wholly separate line item in the construction specs. And with paint, the first thing people tend to think about is the cost of the paint itself.  

  • Smart & Final plans new Extra! stores

    Smart & Final says it's focused on growth and expansion of its new Extra! format as the retailer posts another quarter of impressive same store sales.

    For the second quarter ended June 14, Smart & Final said net sales increased 9.3% to $905.1 million. Same store sales incraesed 3.5%. The company had net income of $11.0 million, or $0.14 per diluted share. And adjusted EBITDA increased 6.7% to $50.7 million. 

  • Gadgets, services propel Apple in Q3

    Cupertino, Calif. – Sales of gadgets such as iPhone, iMac and the new Apple Watch, as well as services, helped propel Apple’s strong performance during the third quarter of fiscal 2015. Net income soared 39% to $10.7 billion from $7.7 billion the same quarter the prior year, aided by costs and taxes that did not increase as fast as sales.   Revenue increased 33% to $49.6 billion, from $37.4 billion.  

  • Target centralizes security efforts

    Minneapolis – Target Corp. is taking a centralized approach to security to help ensure that data breaches such as the one which inflicted serious financial and branding damage in late 2013 do not happen again. Target has opened a Cyber Fusion Center (CFC) that brings Target’s key information security teams together.  

  • T.J. Maxx pricing policy challenged

    Framingham, Mass. – Off-price retailer T.J. Maxx provides “compare at” prices that tell shoppers how much cheaper an item is than it would be at a full-price department store, but how truthful are those comparisons?    According to a class action lawsuit brought against T.J. Maxx in San Francisco by two customers, Staci Chester and Daniel Friedman, “compare at” pricing leaves a lot of wiggle room for the retailer.  

  • Loblaw swings to profit, will shutter 52 stores

    Brampton, Canada – Loblaw Companies Ltd. swung from loss to profit in the second quarter of fiscal 2015, but still plans to improve profitability even more. Loblaw reported net income of $185 million, compared to a net loss of $456 million the same period a year earlier.  

  • Canada's largest grocer closing stores

    Canada's biggest food retailer Loblaw announced it plans to close 52 unprofitable stores over the next year at the same time the company reported lackluster second quarter financial results.

    Loblaw Companies has more than 2,300 stores, including Loblaws, Provigo, and Extra Foods. It also owns Shoppers Drug Mart. 

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