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Data & Analytics

  • GNC to open 125 new stores

    GNC Holdings Inc. is looking to 2015 as a year of expansion. The retailer plans to open 125 total net new domestic and retail segment locations, and has plans for more.

    The retailer also will open approximately 150 net new international franchise locations, and approximately 30 net new GNC-Rite Aid store-within-a-store locations.

    GNC announced its store growth plans as part of its fourth quarter 2014 financial results. During the quarter, net income rose 9% to $51.77 million from $47.66 million. A decrease in interest expense drove the rise in profits.

  • Retail sales fall more than forecast in January

    New York -- Retail sales fell 0.8% in January, more than forecast, amid smaller receipts at gas stations due to plummeting fuel costs and declines at apparel and sporting goods stores, according to the U.S. Commerce Department. It was the second straight month of decline, suggesting consumers still remain cautious when it comes to spending. Sales excluding automobiles, gasoline, building materials and food services edged up 0.1%, also less than forecast, after being flat in December.

  • Report: Argos Merger provides $1.9 billion funding for PetSmart buyout

    Phoenix – The $8.7 billion private equity acquisition of PetSmart Inc. that was announced in December 2014 is one step closer to fruition. Argos Merger is providing a $1.9 billion senior note unsecured offering to finance the purchase.

  • Target to pay $4 million for overcharging in California

    Minneapolis – Target Corp. has agreed to pay almost $4 million in fines for overcharging customers at stores in Contra Costa, Sonoma, Marin, Santa Cruz and Fresno counties in California. The payment will settle a complaint filed by the San Diego City Attorney’s Office in conjunction with the district attorneys of the affected counties.

    The complaint said that Target charged consumers more money at the cash register than was advertised on price tags in aisles, and also misrepresented the weight of packaged food.

  • Whole Foods Market to open 38 to 42 stores, refresh 200 existing units in 2015

    New York -- Whole Foods Market has set itself an ambitious agenda for 2015 with 38 to 42 new store openings, including relocations, for annual square footage growth of 9% to 10%. The company, which currently has 408 stores, remains committed to tripling its U.S. store count to 1,200 locations over the long term.

  • Apparel retailers look for fit in world of wearables

    A few years ago, the Fitbit exploded onto the wearables market, and the idea that you could track your physical data throughout the day became the latest fad for health buffs.

  • Zulily posts $1.2B in sales in 2014

    Zulily achieved $1.2 billion in annual sales during 2014, but Wall Street was none too happy with that.

    The flash-sale website operator expects first-quarter sales of $300 million to $320 million, compared with the $371 million estimate from analysts surveyed by Thomson Reuters. For the full year, it expects $1.5 billion to $1.65 billion, compared with an analyst estimate of $1.75 billion.

  • Retail 2015: Five Trends to Expect

    Here are five retail trends to expect in 2015 — and the opportunity each trend presents — from the folks at T1Visions, a provider of interactive touch-screen technology.

    1. Stores as Experiences = opportunity to create new ways to interact with product; focus on experience over the sale; customize the experience whenever and wherever possible.

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