Data & Analytics

Seattle -- Starbucks Coffee Company reported that its second-quarter profit rose 26% to $390.4 million, up from $309.9 million last year, amid sales increases in the Americas and Asia regions.
     
Total net revenue for the quarter ended March 31, 2013, rose 11% to $3.56 billion, not quite the $3.58 billion Wall Street expected.  Global same-store store sales grew 6%, driven by a 4% increase in traffic and a 2% increase in average ticket, marking the 13th consecutive quarter of global comp growth greater than 5%.
 

Dallas -- SRS Real Estate Partners and Cresa announced an agreement to form a new company to perform lease administration services for retail, office and industrial clients.

The new company will be known as SRS-Cresa Lease Administration, and will deliver a spectrum of lease administration services including critical date management, CAM audits, occupancy cost reconciliations, and full portfolio lease administration services out of currently established offices in Dallas and in Chicago.

New York -- Chain Store Age is pleased to announce that Dan Berthiaume has joined the staff as senior editor, technology.  

Berthiaume, who started covering retail technology in 1998, brings a wealth of experience to his new position. He served as corporate content manager of Retail Systems AlertGroup from 1998 to 2006, writing and editing the company's retail tech publications and overseeing its website, and then moved on to a successful freelance career, reporting on technology for a variety of print and online publications.

Pleasanton, Calif. -- Safeway Inc. on Thursday said it earned $118.9 million, in the first quarter ended March 23, up from $72.9 million a year earlier, helped by tax benefits. The company maintained its forecast for the year.

Net sales inched down to $9.99 billion, from $10 billion a year ago, as the company sold its Genuardi’s division. Same-store sales rose 1.5%.

New York -- The CEO of Best Buy, Hubert Joly, earned compensation worth $19.6 million in his five months on the job in 2012, the Associated Press reported.  

Joly, a turnaround expert, took the reins of the chain in September. Former CEO Brian Dunn left in April when a board investigation found that Dunn violated company policy by having a "close personal relationship" with a female staffer. Board member Mike Mikan, one of Best Buy’s board members, served as temporary CEO before Joly was hired.

New Britain, Conn.-based Stanley Black & Decker saw revenues grow, largely as the result of acquisitions.

The company reported first-quarter revenues of $2.49 billion, an increase of 3% over the prior-year period. Volume and currency each declined approximately 1%, while acquisitions added 4% to that total. 

Net earnings declined to $81.1 million for the quarter, compared with $121.8 million in the same quarter last year. 

ATLANTA — Aaron's, a lease-to-own retailer specializing in the sales and lease ownership of residential furniture, consumer electronics, home appliances and accessories, has named David L. Buck as its new COO.

The company’s current COO, Ken Butler, 60, will retire May 1, after 39 years. Butler will also resign from the board of directors.

NEW YORK — Beauty brand Revlon posted a net loss during the first quarter, including charges, as net sales rose 2.1% excluding the unfavorable impact of foreign currency fluctuations.

TREVOSE, Pa. — Airclic, a global provider of cloud-based software that transforms the accuracy, efficiency and competitiveness of mobile supply chain and logistics operations, has appointed Charlie Virden as VP of sales.

HERSHEY, Pa. — The Hershey reported a net sales increase of nearly 6%, driven by core brand volume. Consolidated net sales were $1.8 billion for the first quarter ended March 31, compared with $1.7 billion for the same period last year. 

Reported net income for the first quarter of 2013 was $242 million compared with $199 million for the same period last year.