Data & Analytics

Cary, N.C. -- C-store operator The Pantry reported that net income for the quarter ended June 27 dropped to $5.9 million from $14.8 million in the year-ago period.

Same-store merchandise revenue edged up 1.3%.


 

Hoffman Estates, Ill. -- Sears Holdings has selected HighJump Software, a global provider of supply chain management software, to help the company manage its distribution network.

MINNEAPOLIS — Target is getting ready to expand its rapidly evolving online beauty business with its planned acquisition of the DermStore Beauty Group. 

Woonsocket, R.I. -- CVS Caremark Corp. reported a 16% profit jump for its fiscal second quarter, but the drug store operator has dropped the top end of its 2013 earnings forecast to just below Wall Street expectations.

CVS earned $1.12 billion in the second quarter, well above its year-ago profit of $966 million. Revenue rose 1.7% to $31.25 billion, surpassing the $31.14 billion forecast.

NEW YORK — Delia’s, a multichannel retailer that primarily markets to teenage girls, has hired Daphne Smith as the company’s EVP of operations, reporting to CEO Tracy Gardner.

Smith was previously with J.Crew for 16 years, working in various roles including SVP of direct. She has spent the past 18 months at New York & Company as the company’s SVP of e-commerce.

Waban, Mass. – Amazon.com was the top-ranked company across 19 industries in the 2013 Web Experience Ratings from Temkin Group. Amazon.com had a score of 77%, almost 21 percentage points higher than the retail industry average.

Other retailers in the top 10 included eBay, tied for fifth place at 70%, and QVC, tied for eighth place at 69%. Taco Bell and Kmart earned ratings that were at least 15 points below the retail industry average. Old Navy was the only retailer to have a double-digit score increase from last year.

Mississauga, Ontario – Rexall is launching MyRexall, a new service providing its customers with the ability to view and print their personal medication records online. In addition to viewing their medication record, MyRexall will allow customers the ability to request a refill at their local Rexall, print their medication record for review with a physician or other health care professional and easily transfer prescriptions to their local Rexall pharmacy.

By John Rossman, a managing director with Alvarez & Marsal