Skip to main content

Data & Analytics

  • Walgreens promotes Magnacca to EVP

    Deerfield, Ill. -- Walgreens announced the promotion of Joseph Magnacca from SVP to EVP, effective Feb. 1. Magnacca also retains his title as president of daily living products and solutions.

    Magnacca oversees Walgreens merchandising and inventory strategy, private brands, insights and analytics, and the New York-based Duane Reade drugstore chain, which Walgreens acquired in 2010.

  • Bebe records Q2 loss on discounting and falling sales

    Brisbane, Calif. -- Bebe Stores Inc. swung to a loss in its fiscal second quarter from a profit a year ago amid heavy discounting during the holiday shopping season.

    Bebe said it lost $4.8 million for the three months that ended Dec. 29, according to preliminary results, versus a profit of $6.5 million a year earlier.

    Net sales dropped 11% to $135.5 million. Same-store sales fell 10.5%.

     

  • Rite Aid same-store sales edge up in January

    Camp Hill, Pa. -- Rite Aid Corp. reported Thursday that same-store sales for the month of January edged up 0.3%, boosted by a 4.2% rise in front-end sales for the month along with increased prescription counts.

    Total sales for the four-week period decreased 0.5% to $1.914 billion.

     

  • Barneys launching a permanent off-price website

    New York -- Barneys New York said Thursday it will launch its off-price website Barneyswarehouse.com on Monday, following a two-week pilot in August. Merchandise on the warehouse site will be past-season sale items at discounts of up to 75% off retail, and will be used along with its brick-and-mortar outlets for liquidation.

  • Hudson’s Bay unveils new rewards program

    Toronto -- Hudson’s Bay Co. said Thursday it has introduced a new three-tiered rewards program, partnering with Capital One Canada to boost the rate at which HBC shoppers earn reward points for shopping at Hudson's Bay, Thebay.com or Home Outfitters.

    Hudson's Bay Rewards members will now earn one point for every dollar they spend on almost anything in store or online and, as they move up the tier levels, they earn more points per spend.

  • Tractor Supply Q4 profit up

    Brentwood, Tenn. — Tractor Supply Co. reported that net income for the quarter was $79.5 million, compared with net income of $70.5 million in the fourth quarter of the prior year.

    Net sales for the fourth quarter increased to $1.29 billion, or 3.7% over the prior year's 14-week period.

    Same-store sales increased 4.7%, compared with a strong 7.6% increase in the prior-year period.

    The company opened 25 new stores in fourth quarter 2012, compared with 31 new store openings in the prior year's fourth quarter.

  • McDonald’s South Africa taps IBM to enhance social media facilitating

    Johannesburg -- IBM announced that McDonald's South Africa is using IBM social business software to embrace the convergence of social, mobile and cloud facilitating its expansion to new markets and enabling its employees to collaborate more effectively.

  • John Lewis names online director

    London -- John Lewis department stores said Thursday it has appointed Mark Lewis as online director for the chain, effective March 4.
     
    Lewis was previously CEO of Collect+, and also spent six years at eBay in roles including U.K. managing director and European marketplaces director.

     

X
This ad will auto-close in 10 seconds