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Data & Analytics

  • Deloitte: Despite improving economy, shoppers keep belts tight

    NEW YORK — According to survey results by Deloitte, 94% of Americans indicate they will remain cautious and keep their spending for food, beverage and household goods at its current level, despite an improving economy.

    Deloitte's 2013 American Pantry Study found that 92% of Americans said they have become more resourceful, and 86% say they are getting more precise in what they buy — attitudes that have remained consistent in the three years Deloitte has conducted the study, and across income levels.

  • Target warns Q1 profit will fall short of forecast

    Minneapolis -- Target Corp. said Tuesday it will miss its first-quarter profit outlook as seasonal and weather-sensitive items underperformed.
     
    The retailer also said it now expects same-store sales to be flat in the quarter.

    Target’s quarterly results are slated to be reported on May 22.

     

  • Target lowers Q1 sales and profit forecast

    Softer than expected sales trends prompted Target to lower its first quarter earnings outlook Tuesday morning.

    The company said it now expects first quarter comps to be flat, after previously forecasting a range of flat to 2% growth. The softer than expected sales prompted the company to revise first quarter adjusted profit expectations to an unspecified level of "slightly below" earlier guidance of $1.10 to $1.20.

  • Crabtree & Evelyn positions itself on cloud for global expansion

    BURLINGTON, Mass. — Crabtree & Evelyn, an international luxury brand known for its bath, body and home fragrance products, turned to Demandware to re-launch its U.S. e-commerce site, crabtree-evelyn.com. 

  • Amazon woos 50+ crowd with online health, wellness store

    SEATTLE — Online retailer Amazon has launched its 50+ Active and Healthy Living Store, which features hundreds of thousands of nutrition, wellness, exercise and fitness, medical, personal care, beauty, entertainment items and more — all in a single destination for customers in the 50+ age range.

  • Former CDW exec in driver’s seat at Cars.com

    CHICAGO — Former CDW executive Barbara Mousigian has been appointed VP of product for Cars.com, an online resource for buying and selling new and used cars. 

    Mousigian will be responsible for defining the company's product strategy. She will also oversee the development and launch of new products and help her team enhance Cars.com's existing properties. 

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