Data & Analytics

Philadelphia -- Nearly one-quarter (24%) of retailers expect a significant increase (5% or more) in year-over-year sales during the 2014 holiday season, while another 70% are predicting sales will be on par with the 2013 season, according to a survey by global management consultancy Hay Group.

Canada’s leading food and drug retailer Loblaw Companies is highly regarded for its private label prowess and now its President’s Choice brand is the focus of the most ambitious marketing initiative ever.

Two new Kindle e-readers from Amazon hit the market next month with a host of new features beyond the typical thinner and lighter claims.

Camp Hill, Pa. -- Rite Aid Corp. on Thursday reported better-than-expected profit and sales for the second quarter. But the chain cut its full-year profit outlook, citing lower reimbursement rates and anticipated lower profitability from new generics and generic drugs that recently lost exclusivity.

Rite Aid’s second-quarter profit surged to $129.2 million, up from $32.8 million in the year-earlier period,

New York -- Seasonal hiring in the retail sector is expected to outpace 2013, according to a report by Challenger, Gray & Christmas.

Retailers are projected to hire more than 800,000 seasonal workers for the upcoming holiday season, the highest number since 1999. In 2013, the retail industry hired 786,200 seasonal workers.

Solid same store sales growth at Rite Aid caused second quarter profits to surge but looming pressure on pharmacy margins prompted the company to reduce its full year outlook.

Ace Hardware has expanded its partnership with eBay Enterprise to enhance its omnichannel capabilities as the company ramps up its efforts to stay competitive, drive sales and acquire new customers.

In a time of evolution and change, when buzz terms like right-sizing and asset management dominate retail real estate conversations, an unwavering focus on the tenant is more important than ever before. Chain Store Age talked with Jeff Kuchman, Principal/Director Tenant Brokerage, Mid-America Real Estate Corp., based in Oakbrook Terrace, Illinois, about the company’s tenant representation business and how it has continued to take center stage.