Data & Analytics

Plano, Texas – Shares of J.C. Penney Company took a beating on Friday after the retailer priced its $932 million share sale at a 7.4% discount and detailed its shrinking cash position.  

Penney priced its sale of 84 million shares at $9.65, down from a closing price of $10.42 on Thursday.

The new offering should raise more than $800 million. According to Reuters, J.C. Penney, which is valued at $2.6 billion, had been considering issuing new stock shares as well as other unspecified alternatives.

Indianapolis – The Finish Line posted increases in net income, net sales and same-store sales during the second quarter of fiscal 2013. Net income totaled $26.19 million, up 6.1% from about $24.44 million a year earlier.

Consolidated net sales were $436 million, up 13.3 % from $385 million in the same quarter the previous year. Same-store sales rose 0.9%.

Cincinnati -- The Kroger Co. today announced its inaugural listing on the Dow Jones Sustainability Index-North America.

The Dow Jones Sustainability Index-North America tracks the economic, environmental and social sustainability performance of the top 20% of the 600 largest North America-based companies in the Dow Jones Global Total Stock Market Index.

Oak Brook, Ill. -- McDonald’s Corporation is partnering with the Alliance for a Healthier Generation, founded by the Clinton Foundation and American Heart Association, to increase customers’ access to fruit and vegetables and help customers make informed choices in the nutritional value of their orders.

Sales at Indianapolis-based athletic footwear and apparel retailer Finish Line grew 13.3% to $436 million and earnings per share increase 10.2% to 54 cents, nine cents better than analysts forecast for the period ended August 31.

Company chairman and CEO Glenn Lyon characterized the performance as solid, and credited a 0.9% comp increase and expense control for profit growth.

Consumer packaged goods companies are poised to gain a more robust offering of shopper insights from an expanded relationship between TiVo Research and Analytics and DunnhumbyUSA.

October 2013 is projected to be the coolest in four years for the U.S. as a whole. Expect colder year-on-year trends across the Northeast and Southwest, especially during retail weeks one, three and four. Wetter trends will encompass the Texas to Louisiana Gulf Coast, where tropical storm and hurricane potential will be the highest should any storms develop this month and threaten the U.S. mainland. The northern tier of the U.S. will trend drier than last year, especially across the Great Lakes.

Single Touch Systems, a technology based mobile media solutions provider, has announced that its mobile messaging volume, which is a key business metric that drives revenues, has been growing at an increasingly accelerated pace.

Single Touch generates a portion of its operating business revenues by sending SMS text messages including reminder messages to customers of some of the largest retailers in the U.S. and U.K. Each message sent generates incremental revenues for Single Touch.

BIRMINGHAM, Ala. — Aspira Networks has launched the Aspira 2.0 platform, the company's next-generation DNS service for network operators and retailers. The newly enhanced services are designed to make it easier to monetize broadband networks.

Aspira aggregates networks and retailers to optimize shopping opportunities for consumers. According to the company, its products enhance the shopping experience and increase retailer exposure to consumers, while creating a revenue opportunity for network operators.

Weather Company chairman and CEO David Kenny has joined the Best Buy board of directors.