Data & Analytics

MATTHEWS, N.C. — Southeastern and Mid-Atlantic supermarket chain, Harris Teeter, reported that sales for the first quarter of fiscal 2013 increased by 3.7% to $1.16 billion from $1.12 billion in the first quarter of fiscal 2012. The increase in sales was driven by an increase in comparable-store sales of 2.53% and sales from new stores, partially offset by store closings.

NEW YORK — Shopping online for high fashion at low prices is a popular activity for fashionistas, and now one of the more iconic brands has jumped on the trend. Style seekers who can't make it to New York City to shop Barneys New York's famous warehouse sale will soon have a new way to get their fashion fix.

The Journal of Shopper Research named University of Indiana business professor Raymond Burke as editor.

On Thursday the unthinkable happened, customers who wanted to do a bit of shopping on Amazon.com were met with an error message as the e-commerce site was down for nearly an hour. 

Deerfield, Ill. -- Walgreens announced the promotion of Joseph Magnacca from SVP to EVP, effective Feb. 1. Magnacca also retains his title as president of daily living products and solutions.

Magnacca oversees Walgreens merchandising and inventory strategy, private brands, insights and analytics, and the New York-based Duane Reade drugstore chain, which Walgreens acquired in 2010.

Brisbane, Calif. -- Bebe Stores Inc. swung to a loss in its fiscal second quarter from a profit a year ago amid heavy discounting during the holiday shopping season.

Bebe said it lost $4.8 million for the three months that ended Dec. 29, according to preliminary results, versus a profit of $6.5 million a year earlier.

Net sales dropped 11% to $135.5 million. Same-store sales fell 10.5%.

Matthews, N.C. -- Harris Teeter Supermarkets Inc. reported that its fiscal first-quarter net income rose nearly 67%. The company earned $22.8 million for the quarter that ended Jan. 1, up from $13.7 million in the same quarter last year. The prior year's results included an $18 million cost to settle some pension liabilities and employee benefits in connection with the sale of its industrial thread manufacturing company.
    

INDIANAPOLIS — Lackluster performance in the video space ontinues to impact Hhgregg's sales and earnings results, causing the retailer to focus on more lucrative categories.

The electronics retailer reported net income of $17.4 million, or 51 cents per diluted share, for the third quarter ended Dec. 31, 2012, compared with net income of $22.5 million, or 60 cents per diluted share, for the comparable prior year period. 

A new online destination profiling sustainability innovations and innovators has been created by The Mother Nature Network (MNN) and Walmart.

The Web site is called, "The Leaderboard" and the goal is to showcase the biggest innovations in sustainability and the pioneers who are creating them.

CAMP HILL, Pa. — Rite Aid reported a slight increase in same-store sales for the month of January, thanks in part to strong sales of flu products.