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Data & Analytics

  • Home Depot looks ‘solid’ in third quarter

    Home Depot reaped the benefits of continuing improvement in the housing market with third quarter sales of $19.5 billion, a 7.4% increase from $18.1 billion in the third quarter of fiscal 2012.

    On a like-for-like basis (last year's quarter had an extra calendar week), comparable-store sales for the third quarter of fiscal 2013 were positive 7.4%, and comp sales for U.S. stores were positive 8.2%.

  • Fairway Market launches new mobile app

    New York -- Fairway Market has launched a new mobile app that is designed to provide an enriched experience for its shoppers who love to cook and explore the unique products that make Fairway an iconic market shopping destination. It is available on the iPhone App Store, and can be downloaded right in Fairway Market because all Fairway stores offer free Wi-Fi.

  • Motorola sled turns handhelds into RFID readers

    Schaumburg, Ill. -- Motorola Solutions has released the RFD5500 UHF RFID sled that can instantly turn the MC55N0, MC55A0, MC65 and MC67 mobile computers into lightweight, rugged, handheld RFID readers that deliver fast read rates and improved productivity for retail storefronts, warehouses and field applications.

  • RadioShack changes fiscal calendar, board member retires

    Fort Worth, Texas -- At the conclusion of the current fiscal year on December 31, RadioShack will align its fiscal year-end to a traditional 52-week retail calendar with the fiscal year ending on the Saturday closest to January 31st. RadioShack says this is the format used by the majority of retailers today.

  • From penthouse to poorhouse for this retail exec

    America’s Thrift Stores has hired former Tiffany executive Mike Kane as its new chief operations officer. Kane joins the leadership team at the largest privately owned thrift store company in the Southeast.

    At Tiffany, Kane served as VP of manufacturing and prior to that, as a division president.

    "I am excited about joining such a passionate group of people," said Kane, "and I see tremendous dedication to do whatever it takes to achieve the mission we have started."

  • Survey: Most holiday shoppers will spend same or more as last year

    Yonkers, N.Y. -- Two-thirds of shoppers will spend the same amount of money (54%) or more money (12%) than they did last year. A new Consumer Reports poll also reveals that 33% will spend less money, similar to the 37% who said the same when asked last year.

  • Net loss widens in third quarter for Sears Canada

    Sears Canada said a one-time charge of $41 million related to restructuring and asset impairment affected its third quarter results, which resulted in a net loss of about $46.7 million USD — more than double the net loss of $21 million it posted in the same quarter of the previous fiscal year.

    In addition, revenues of $940.7 million were down about 6% from $1 billion. In one bright spot, same-store sales climbed 1.2%. Sears Canada is in the middle of a three-year turnaround program launched in 2012.

  • Restructuring affects Sears Canada Q3 results

    Toronto -- Sears Canada posted a net loss of about $46.7 million USD in the third quarter of fiscal 2013, more than double the net loss of $21 million it posted in the same quarter of the previous fiscal year. One-time charges of $41 million related to restructuring and asset impairment helped widen the company’s net loss.

    In addition, revenues of $940.7 million were down about 6% from $1 billion. In one bright spot, same-store sales climbed 1.2%. Sears Canada is in the middle of a three-year turnaround program launched in 2012.

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