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Data & Analytics

  • Sales at Costco increase

    August seems to have delivered a mixed bag to various retailers, but Costco seems to have fared well with reported net sales of $7.95 billion for the four weeks ended Sept. 1, an increase of 7% from $7.44 billion during the prior-year period.

    Comparable-store sales in the U.S., adjusted to exclude changes in gasoline prices, increased 5% for August and for the fourth quarter and increased 6% for the 52-week period.

    For the fourth quarter, the company reported net sales of $31.8 billion, an increase of 1% from $31.5 billion in the prior-year quarter.

  • Retail sales mixed in August

    New York -- Although back-to-school sales were unexpectedly sluggish, retail sales for the month of August benefited from a late boost in store traffic.

    Of the retailers still reporting monthly sales – most so far are reporting slight increases in August same-store sales. Retail Metrics forecast an overall August gain of 3.2% year-over-year; retail sales advanced 3.3% during the same period last year.

    Costco Wholesale Corp. reported a same-store sales rise of 4% in August, surpassing a forecast 3.8% gain.

  • Conn’s Q2 net income skyrockets; plans 10-12 new stores

    The Woodlands, Texas - Conn’s, Inc. reported net income of $19.2 million, up $7.6 million, or 65.1%, from the prior-year period during the second quarter of fiscal 2013.

    Consolidated revenues totaled $270.7 million, an increase of 30.5% from last year.

    Same-store sales grew 18.4%. Sales increased significantly in product categories including home appliance, laundry, refrigeration, cooking, furniture, mattresses, TVs, tablets and computers.

  • PetSmart leverages social media to drive Halloween sales

    PHOENIX — PetSmart is leveraging Facebook to drive sales of pet costumes, as well as Halloween-themed accessories, toys and treats. 

    The retailer will be stocked with everything from pumpkin and witch costumes for guinea pigs to a whole assortment of costumes for dogs that include bandanas, hair bows and angel wings and exclusive character costumes from Disney, Martha Stewart Pets, DC Comics, Marvel and Peanuts.

  • R.J. Brunelli: Northern Jersey retail vacancy rate edges down

    Old Bridge, N.J. — Thanks to absorptions of numerous empty big-box space on Route 22, the vacancy rate in retail properties along northern New Jersey’s six major shopping corridors inched own to 8.1% from a high of 8.2% a year ago, according to the latest survey by R.J. Brunelli & Co.

  • Conn’s plans new stores in Phoenix following second quarter results

    THE WOODLANDS, Texas — Regional consumer electronics retailer Conn’s plans to more than double its footprint in Phoenix following second quarter results, which showed an 18.4% increase in same-store sales.

  • Walgreen August comps beat Street

    Deerfield, Ill. -- Walgreens reported that same-store sales for the month of August rose 4.8%, beating Wall Street expectations of a 2.9% gain.

    Results included a 6.4% gain from the pharmacy and a 2.2% rise from the front-end.

    Total revenue for August rose 6% to $6.17 billion.

  • Americans buying cars, but not consumables

    When Walmart lowered its full year sales forecast last month the company said customer were being cautious with their spending. Maybe so, but that wasn’t the case in new car showrooms were automakers reported record sales and in the process created new holiday headwind for Walmart and other retailers.

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