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Data & Analytics

  • Challenges not enough to offset 99 Cents Q2 results

    California's drought disrupted 99 Cents Only Stores’ ability to continually stock “right-priced” produce, which affected the company’s overall financial results for the second quarter. But despite the challenges, same-store sales in the quarter were positive.

    The company's net sales for the quarter increased $25.1 million to $458.2 million, compared to $433.1 million in the prior-year quarter. Same-store sales increased 0.1%, calculated on a comparable 13-week period of the prior year.

  • Q4 net income soars at 1-800-Flowers

    Carle Place, N.Y. – 1-800-Flowers.com net income almost sextupled to $3.1 million in the fourth quarter of fiscal 2014, compared to $538,000 in the previous year period. Continued focus on leveraging its operating platform helped boost net income.

  • Five Below profit doubles in second quarter

    Five Below’s profit more than doubled to $8.3 million in the second quarter of fiscal 2014, from $4.1 million in the same period last year. Its results beat expectations. The chain issued a third-quarter earnings estimate slightly below Wall Street views, while increasing its full-year sales and earnings guidance.

    Revenue in the quarter increased 30% to $152.5 million. Same-store sales increased by 3.2%.

  • Jos. A. Bank acquisition hits Men’s Wearhouse Q2 profit

    Fremont, Calif. – Non-deductible costs related to the purchase of Jos. A. Bank helped sharply reduce net earnings at The Men’s Wearhouse during the second quarter of fiscal 2014. The Men’s Wearhouse reported net earnings of $12.3 million, down 71% from $42.9 million the same period a year earlier, although the total still beat Wall Street projections.

  • Survey: Consumers like in-store pickup of online purchases

    Lewisville, Texas – Consumers are increasingly interested in the BOPIS (buy online, pickup in store) option for making purchases. According to a new survey of 1,992 U.S. adults by custom incentive company Parago, 63% of shoppers BOPIS (buy online, pickup in store) at least a few times a year, but 82% percent would consider doing so to receive a $10 rebate on a $50 item.

  • Six Steps to Boost Data Security Protection

    By Jon May, Nuspire Networks

    The year 2013 was a wake-up call for retailers with regards to national data breaches, with frequency jumping 62% from 2012 to 2013. Eight chart-topping breaches exposed information totaling just over 10 million people last year, as opposed to one single breach of that size the year before.

    Statistics show the fall-out from a breach extend far beyond financial repercussions, (plan for $11k per affected customer per breach). Here are the scary statistics:

  • ChannelAdvisor: August treats Amazon better than EBay

    Morrisville, N.C. - Overall, August 2014 was a mixed bag for various online retailers with Amazon, Google Shopping/CSE, Search and other third-party marketplaces continuing to grow and EBay feeling the impact of its new EBay Defect Rate (EDR), which has made it tougher to obtain top-ranked seller ratings and significantly reduced inventory for sellers of used/refurbished items. According to monthly analysis from e-commerce solutions provider ChannelAdvisor, major online retailers reported the following same-store sales results in August.

  • Elastic Path raises $4.9 million

    Vancouver – E-commerce company Elastic Path Software Inc. has secured $5.88 million in equity investments led by BDC Venture Capital IT Fund, with participation from Yaletown Venture Partners and individual investors. The company will use the funds to support development for its patent-pending enterprise commerce products.

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