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Data & Analytics

  • City Sports to open 21st store, in Vermont

    Boston -- City Sports will open its 21st store, in Burlington, Vt., on May 6.

    The eco-conscious space—built utilizing reclaimed materials from previous stores—was designed to capture the spirit of the community. The existing ceiling was kept, and all lighting fixtures were replaced with energy-efficient bulbs.

  • GameStop Finds Digital Success

    In recent years, specialty retailer GameStop Corp. has been among the fastest-growing global chains, opening 388 new stores in 2009, more than 350 in 2010 and 285 new locations last year. For its current fiscal year, GameStop is ramping down organic growth, anticipating the opening of some 150 stores, in deference to building on its dominant presence in the multichannel PC digital download market.

  • More Target shoppers honoring their obligations

    Credit card trends at Target hit a new high, or low, depending on one’s perspective. Either way, it’s a good thing.

  • Stellar Q1 comp begs question where to next?

    April same-store sales at Target increased 1.1% and helped the company achieve a 5.3% first-quarter comps increase that was the highest in six years. How much of the performance was due to record warm weather versus good execution of a solid strategy against the back drop of an improved economy is debatable.

  • Warm weather helps Target deliver Q1 comps growth

    MINNEAPOLIS — April same-store sales at Target increased 1.1% and helped the company achieve a 5.3% first-quarter comps increase that was the highest in six years. How much of the performance was due to record warm weather versus good execution of a solid strategy against the back drop of an improved economy is debatable.

  • Macy’s, Kohl’s, Costco fall short of expectations in April

    NEW YORK — Macy's Inc., Kohl’s, Saks and Costco’s Wholesale Corp. all reported results that fell short of expectations in April. An early Easter, which helped fuel March results, high gas prices, cool weather and renewed worries about the economy contributed to the decline, according to many analysts.

  • Despite earlier Easter, Limited, Ross, Limited deliver strong sales

    NEW YORK — Several apparel retailers, including Limited Brands, Zumiez and Ross Stores, posted better-than-expected sales in April. It was widely expected that an earlier Easter, which pushed demand into March, and cool weather would hurt sales.

    Limited Brands, parent of Victoria’s Secret, reported a 7% rise in same-store sales for April, beating estimates.

  • Best Buy loses another top exec

    NEW YORK — Best Buy’s chief marketing officer, Barry Judge, has resigned. His resignation follows the departure last month of chief executive Brian Dunn.

    Judge is “leaving the company to explore the next chapter in his career,” Greg Hitt, a spokesman for Best Buy, said by e-mail, in a Bloomberg report.

  • Major Walmart shareholder urges rejection of key board members at annual meeting

    NEW YORK — It’s looking like Walmart’s upcoming annual meeting is going to be a bittersweet affair as the company observes its 50th anniversary against the backdrop of an unfolding Mexican bribery scandal and an appeal from a major shareholder this week urging a no vote on five board members.

  • Study: Walmart among the best companies for leadership

    The seventh annual Best Companies for Leadership Study conducted by the global consulting firm the Hay Group ranked Walmart eighth.

    Walmart’s eighth  place ranking on the top 20 list is one notch better than the prior year, but slightly below the company’s 6th place ranking in 2009 when it made the list for the first time.

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