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Data & Analytics

  • PacSun cuts Q4 loss

    ANAHEIM, Calif. — Pacific Sunwear of California announced that net sales from continuing operations for the fourth quarter of fiscal 2012 ended Feb. 2, were $228 million versus net sales from continuing operations of $218.7 million for the fourth quarter of fiscal 2011 ended Jan. 28, 2012.

    Comparable-store sales for the fourth quarter of 2012 increased 1%.  

    The company ended fiscal 2012 with 644 stores, compared with 733 as of the end of fiscal 2011. The company closed 78 stores in the fourth quarter of fiscal 2012.

  • Sur La Table to use Island Pacific software solutions

    IRVINE, Calif. — Software solutions provider, Island Pacific, a division of 3Q Holdings Limited, announced that Sur La Table has decided to deploy Island Pacific's SmartRetail browser based User Interface and Data Warehouse solutions, as well as the latest release of Island Pacific Merchandising System (IPMS) and Merchandise Planning solution (IPP).

  • Samsung unveils 2013 TV lineup

    Samsung Electronics America announced that its 2013 TVs will begin shipping this month in the United States, beginning with the LED 8000-series and the Plasma 8500-series.

  • Macy's expands fulfillment center to meet growing omnichannel needs

    CINCINNATI — Macy’s announced that it will expand its online order fulfillment center in Goodyear, Ariz., to accommodate continued sales growth as part of the company’s omnichannel strategy. The company is expected to invest more than $35 million in capital in the project.

  • Importers split on spring sales growth

    NEW YORK — According to Capital Business Credit's quarterly Global Retail Manufacturers and Importers Survey, 50% of importers of retail goods are experiencing an increase in orders this spring as compared to last year, while 50% are experiencing a decrease or no change from the previous year. Of those surveyed who are having a stronger spring, the majority are experiencing growth between three and 10%.

  • Walgreens opens D.C. flagship

    WASHINGTON — Walgreens this week opened the doors to its latest flagship location in the nation's capital, bringing to District of Columbia residents and commuters the kind of retail pharmacy theater already familiar with citizens of New York, Chicago and Los Angeles. 

  • Report: J.C. Penney slashed 43,000 jobs in one year

    New York -- J.C. Penney Co. has 43,000 less workers at the end of its most-recently completed fiscal year (February 2, 2012) than it did a year ago, according to a report filed Wednesday with the Securities and Exchange Commission, the New York Post reported.

    The company finished its fiscal year with 116,000 full-time and part-time employees, down from 159,000 associates a year ago, the report said. 
     

  • Ross Q4 profit jumps 23%; to stop reporting monthly sales

    Pleasanton, Calif. -- Ross Stores Inc. said Thursday its fourth-quarter net income rose 23%, in line with analysts’ projections. The off-price retailer also announced that beginning with the second quarter of fiscal 2013 it will no longer report monthly sales. Instead, quarterly same-store store sales results will be provided with regularly scheduled earnings releases.
     

  • Starbucks to expand loyalty program to Teavana and supermarkets

    Seattle -- Starbucks Coffee Co. is expanding its customer loyalty program to the supermarket channel and its Teavana stores as it looks to double membership from 4.5 million members at the end of October 2012 to approximately nine million members by the end of fiscal 2013.

    Starbucks made the announcement at the company’s annual shareholders on Wednesday in Seattle. Also at the meeting, Starbucks investors rejected a shareholder proposal to prohibit the chain from making political contributions or forming a political action committee.

  • General Mills sales advance slowly, innovation coming

    Profits outpaced sales growth at General Mills during the third quarter ended February 24 and the company vowed to launch a promising slate of new products and increase store support during the current quarter.

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