Data & Analytics

Chelmsford, Mass. -- Forever 21 has tapped workforce management solution-provider Kronos Inc. for a global solution to address multinational needs and standardize the specialty retailer’s brand experience delivery across the world.

New York -- Fashion presence Michael Kors Holdings Ltd. reported a first-quarter profit of $125 million, nearly double the $68.6 million profit of the year-ago period.

Revenue for the quarter ended June 29 soared 54% percent to $640.9 million, well above Wall Street’s expected $570.5 million. Same-store sales climbed 27.3%. In North America, which generates 86% of the company's business, same-store sales rose 25%.

Hoffman Estates, Ill. -- Sears Holdings has selected HighJump Software, a global provider of supply chain management software, to help the company manage its distribution network.

Rockville, Md. -- Goodwill Industries International teamed with AT&T to launch a free “Goodwill Locations/Locator” mobile app, currently available on iOS and Android mobile operating systems.

The mobile application provides users with a tool that currently has information about more than 4,800 Goodwill donation centers and stores across the United States and Canada.

The custom app was built by AT&T's Mobility Solutions Services, using the AT&T Mobile Application Development platform.

Toronto -- Staples Canada has rolled out back-to-school shopping centers in both its stores and online, using both offline and online venues to promote BTS trends, technology and supplies to Canadian school children and their parents.

Cary, N.C. -- C-store operator The Pantry reported that net income for the quarter ended June 27 dropped to $5.9 million from $14.8 million in the year-ago period.

Same-store merchandise revenue edged up 1.3%.


 

By John Rossman, a managing director with Alvarez & Marsal

Pittsburgh – American Eagle Outfitters is lowering its earnings outlook for the second quarter of fiscal 2013 due to what the retailer characterizes as weak sales and margins. The company now forecasts earnings per share (EPS) for the quarter of about $0.10, down significantly from $0.21 in the second quarter of last year.

Los Angeles – Fandango and Rue La La have both begun offering customers the option of using the V.me digital wallet service from Visa to pay at online checkout. V.me eliminates the need to enter billing, shipping and account information, and instead allows consumers to pay for a purchase by entering their user name and password.

Other e-commerce merchants that have recently started accepting V.me payments include Crutchfield, Modnique, and Sonic Electronix.

Mississauga, Ontario – Rexall is launching MyRexall, a new service providing its customers with the ability to view and print their personal medication records online. In addition to viewing their medication record, MyRexall will allow customers the ability to request a refill at their local Rexall, print their medication record for review with a physician or other health care professional and easily transfer prescriptions to their local Rexall pharmacy.