Skip to main content

Data & Analytics

  • PayPal to pay $7.7 million in U.S. Treasury sanctions case

    New York -- PayPal Inc. has agreed to pay $7.7 million in a deal to settle charges by the U.S. Treasury Department that the electronic payments giant violated numerous sanctions programs against countries that include Iran, Cuba and Sudan, Reuters reported.

    The Office of Foreign Assets Control, an agency of the Treasury Department, on Wednesday announced the civil settlement.

  • Retailers’ omnichannel shortcomings revealed again

    Yet another study has documented retailers’ inability to keep pace with shoppers’ heightened expectations for a seamless experience driven by all manner of technological advancements.

  • Land’s End flounders after Sears split

    Separating itself from Sears Holdings a year ago has not helped Land’s End financial footing judging from the company’s fourth quarter profit and same store sales decline.

    Land’s End sales declined 4.9% to $504.6 million and net income declined 28% to $33.1 million in the fourth quarter ended Jan. 30. Merchandise sales and services were negatively impacted by a $3.4 million product recall in the quarter that negatively impacted net income by $2.6 million.

  • Dollarama's same store sales jump 8.5%

    Some retailers have had a rough time being successful in Canada, but not Dollarama, where profits, sales and store counts are on the increase.

    In fact, customers increased their spending at the Canadian discounter over the fourth quarter, leading to  the chain’s quarterly profit rising about 21%.

  • Weis Markets expands in-store pickup service

    Sunbury, Pa. — Weis Markets is set to expand online shopping with in-store pick-up to its 26th location, making the service available at its West Lawn, Pennsylvania, store.
     

  • Retail Not Reaping Full Benefit of Consumers’ Savings at the Pump

    By Stephen Metivier, TD Bank

  • Weis Markets opens store pickup in 26th store

  • Five Below to open 70 stores in 2015

    Teen and tween specialty retailer Five Below is accelerating store growth this year even though its relatively young store base mustered a modest 3.2% fourth quarter same store sales increase.

    Five Below opened 62 new stores last year compared to 60 units the prior year to end the year with 366 locations in 21 states. The additional selling space and a 3.2% comp increase caused sales to increase 24.4% to $264 million from $212 million. Profits increased to $33.3 million compared to $24.8 million.

X
This ad will auto-close in 10 seconds