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Data & Analytics

  • Wal-Mart to add more detail to financial reports

    New York -- Wal-Mart Stores Inc. will adjust its future financial reports to add more detail on legal proceedings and cyber security after U.S. regulators asked the retailer to better explain certain matters in its latest quarterly and annual filings, Reuters reported.
       
    Wal-Mart's correspondence with the U.S. Securities and Exchange Commission took place in June and July and was made public on Monday.

  • Report: U.S. shopping-center industry posts healthy Q2 net income gain

    New York -- Total operating income of all shopping centers on a square-foot basis in the second quarter of 2012 rose 4.9% from the same quarter last year, while operating expenses rose by a larger 5.8%, according to a new quarterly shopping-center benchmarking report from The National Council of Real Estate Investment Fiduciaries (NCREIF) and the International Council of Shopping Centers (ICSC).

  • Shopping center space in Europe to expand 25% in 2012

    London -- New shopping center development in Europe is expected to increase by a quarter in 2012 to meet retailer demand for modern, high quality retail space, according to the latest research by global property adviser CBRE.

    Turkey is the most active market, accounting for one-third of new space delivered in the first half of the year. This is some way ahead of Germany, with Italy and Poland just behind.

  • Ingles Markets' new store receives Energy Star certification

    Asheville, N.C. -- Ingles Markets’ new store in Mills River, N.C., has received an Energy Star certification from the U.S. Environmental Protection Agency (EPA) that recognizes the energy efficiency of the store’s design. The store was awarded the certification after meeting strict EPA guidelines for the estimated energy use of the building.

  • Harris Teeter announces store growth plans

    MATTHEWS, N.C. — Harris Teeter plans to expand its presence in existing markets, the company said in its third-quarter earnings release.

  • Starbucks stores in energy-saving pilot

    Oakland, Calif. -- Lucid, a provider of real-time feedback technology for buildings, is spearheading a study of resource consumption and behavior change with Starbucks Coffee Co. The pilot project, developed in conjunction with the Snohomish County Public Utility District and Portland Energy Conservation Inc., will be hosted by 10 Starbucks stores in Snohomish County, Ore., and will serve to test and document measurable energy savings in the stores.

  • Harris Teeter details expansion plans

    Matthews, N.C. -- Harris Teeter plans to expand its presence in existing markets, the company said in its third-quarter earnings release.

  • Kronos: Retail hiring slows for second consecutive month

    Chelmsford, Mass. -- The Kronos Retail Labor Index edged down one-tenth to 4.2% in July, reflecting declines in both hires and applications. (The index is defined as the ratio of hires to applications within a given month, expressed as a percentage. A level of 3.0 means that for every 100 applications received, three hires occurred.)

  • Walgreens’ July same-store sales down 7%

    Deerfield, Ill. -- Walgreen Co. said that its same-store sales fell 7% in July as its split with Express Scripts continued to hurt its top line. (The two companies last month reached an agreement to resume doing business, but that doesn't start until Sept. 15.)

    The company's pharmacy same-store sales were down 9.7%, while front end sales fell 2.4%. The performance missed analyst expectations.
     

  • In line and on track, Target likes 2Q

    MINNEAPOLIS — July same-store sales at Target increased 3.1%, in line with the company’s guidance.

    Target credited an increase in average transaction size as the primary driver of a 3.1% same-store sales increase during the July reporting period. An increase in the number of transactions also contributed to a 3.1% gain that was in-line with the company’s guidance for a low to mid single digit increase on top of a July 2011 increase of 4.1%.

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