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Data & Analytics

  • Hot Topic holiday same-store sales up 1.2%

    City of Industry, Calif. -- Hot Topic reported Wednesday that same-store sales for the nine-week holiday shopping period of November and December edged up 1.2%. The company upped its fourth quarter guidance based on the results.

    In related news, Hot Topic has named Cindy Levitt as VP, general merchandise manager, effective Jan. 16.

  • Jesta I.S and Americaneagle.com team for e-commerce solution

    New York City -- Jesta I.S. said Wednesday it has partnered with Americaneagle.com to offer a pre-integrated front-end e-commerce solution designed to deliver an integrated and comprehensive merchandising suite that allows retailers to rapidly deploy a solid merchandising infrastructure and a comprehensive e-commerce solution.

    “Increasingly, we are seeing a higher demand for a full end-to-end integrated e-commerce solution,” said Jerry Boduch, director of business development at Americaneagle.com.

  • K-VA-T Food Stores partners with Revionics for price optimization

    Roseville, Calif. -- Retail life cycle price optimization solution-provider Revionics said it has partnered with K-VA-T Food Stores for a price optimization solution.

    K-VA-T will deploy Revionics  Price Optimization and Revionics Promotion Optimization, which includes Revionics' category planning tools, weekly price maintenance capabilities and optimized prices across all pricing zones, each week.  

  • Dollar General to open 625 stores in 2012; will enter California with 50 locations

    Goodlettsville, Tenn. -- Dollar General plans to open 625 stores and add more than 6,000 new jobs in 2012. The locations will be spread among Dollar General’s 38-state operating area, and include the new markets of California, where it will open 50 stores and a distribution center, and Massachusetts. The discounter will also open a distribution center in the Golden State this year.

  • 7-Eleven Mexico selects Oracle retail platform to support growth

    Redwood Shores, Calif. -- 7-Eleven Mexico has selected Oracle Retail Merchandising to create a platform for improving retail operations and driving growth across its 1,400 stores throughout the country.

  • More room for online improvement

    Customer experience analytics firm ForeSee today released the results of their seventh annual Holiday E-Retail Satisfaction Index, and Target was ranked 29.

  • There’s always next year for online opportunity

    The difficulties Target experienced with the relaunch of its website early last fall and subsequent fall off in traffic couldn’t have come at a worse time, as total retail online sales hit new highs during the holiday season.

    Online sales increased 15% to $35.3 billion From Nov. 1 through Dec. 25 compared with the same time period the prior year, according to the online measurement firm comScore.

  • No Target on Morningstar’s top 10

    The analysts at Morningstar combed through 330 consumer sector companies and came up with a list of 10 names that comprise the firm’s new “Consumers’ Choice List. 

  • Awaiting December comps with breathless anticipation

    Target chairman, president and CEO Gregg Steinhafel drew a proverbial line in the sand last month when he noted the company’s same-stores sales performance in December would be better than the company’s modest showing in November.

    Actually, what he said was, “For the month of December, our comparable-store sales results will compare the five weeks ending Dec. 31, 2011 to the five weeks ended Jan. 1, 2011. We expect a low to mid single-digit increase in Target’s comparable-store sales for this period, stronger than our November performance.”

  • In case you missed it – more pricing news

    There were no new surprises during November regarding prices at Target and Walmart.

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