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Data & Analytics

  • NRF: FTC should move cautiously on mobile payments

    Washington, D.C. -- The National Retail Federation on Thursday urged the Federal Trade Commission to move cautiously in establishing regulations for mobile payments, and said any rules that are adopted should parallel those for the underlying form of payment and not be specific to the technology.

  • Cabela's profit rises a record 62% in Q1

    Sidney, Neb. -- Cabela’s Inc. reported Thursday that net income for the first quarter rose a record 62% to $28.8 million, from $17.8 million last year.

    Revenue increased 6.3% to $623.5 million, and same-store sales increased 4.2%.

    "This strong performance gives us confidence our growth strategy is working and working well," said Tommy Millner, Cabela's CEO.

  • Survey: 32% of retailers use social networks to research job candidates

    Chicago -- Survey results released Thursday by WorkInRetail.com found that about one-third (32%) of retail hiring managers use social networking sites to research job candidates.

    The new survey from WorkInRetail.com – CareerBuilder’s job site for retail professionals, found that of the retail employers who do not research candidates on social media, 16% said their company prohibits the practice. Nine percent report they do not currently use social media to screen, but plan to start.

  • Cold Aisle Syndrome: Refrigerated Cases With Doors Offer Shoppers Comfort and Save Energy Costs

    By Sam Khalilieh, [email protected]

    Study after study has concluded that adding doors to medium temperature coolers (MTC) is a great solution for a variety of issues that plague grocery retailers. Whether looking at energy use, operational costs, product safety, or consumer comfort, there is no down side to adding doors. So why do so many overlook this very basic approach? This question has been puzzling me for a long time.

  • Coyote Management announces new strategic divisions

    Addison, Texas -- Coyote Management has announced the addition of three new strategic divisions -- a Third Party Management Division, Coyote Creative, and MER Interests.

  • Safeway profits soar in Q1; 10 Lifestyle stores on tap in 2012

    Pleasanton, Calif. -- Safeway Inc. reported Thursday that net income for the first quarter rose to $81.6 million, from $25.1 million in the year-earlier period.

    Sales edged up 2.4% to $10 billion, from $9.8 billion last year. Same-store sales were flat.

    “We continue to believe sales will grow as our new marketing initiatives take hold," said Steve Burd, chairman and CEO.

  • Hy-Vee promotes sustainability with new website, partnership with seafood group

    WEST DES MOINES, Iowa — Supermarket-pharmacy chain Hy-Vee is launching two initiatives designed to promote sustainability, in recognition of Earth Day.

  • Search for Children's Place CFO ends with former Limited exec

    SECAUCUS, N.J. — More than a year after The Children's Place Retail Stores began its search for a new chief financial officer, following the departure of EVP finance and adminstration, Susan Riley, the company has named Steven Baginski as CFO. He will report to Eric Bauer, COO. 

  • Stop & Shop launches new health initiatives

    PURCHASE, N.Y. — Stop & Shop has launched two new initiatives to make it easier for customers to live healthier lives.

    The company has launched a free, quarterly magazine to help fight childhood obesity and get kids to live healthier lifestyles. Kid Healthy Ideas is a 12-page full-color publication that targets children ages eight to 12 and features health-related educational articles, games and recipes.

  • Online audience picked up in March

    With 24 million unique visitors during March, Target.com was ranked 47th on the comScore Media Metrix listing of the top 50 U.S. Web properties for March. That’s an improvement from March 2011 when Target didn’t crack the top 50. The only other conventional retailer in the top 50 was 25th ranked Walmart.com with 39 million unique visitors. It was ranked 33rd last year with 31.7 million unique visitors in March.
     

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