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Data & Analytics

  • Green Monday online spending up 19% to $1.13 billion

    RESTON, Va. -- Data released Wednesday by comScore showed that holiday season retail e-commerce spending for the first 42 days of the 2011 holiday season is up 15% year-over-year. Through “Green Monday,” Dec. 12, $26.8 billion has been spent online.

    The most recent week (week ending Dec. 11) reached a record $6.1 billion in spending, in line with the season-to-date’s 15% growth rate, according to the report.    

  • Pier 1 Q3 profit up, beats Street

    Fort Worth, Texas -- Pier 1 Imports Inc.'s third-quarter profit climbed 10% to $23 million from $21 million a year earlier, better than analysts expected. 

    Revenue increased 8% to $382.7 million from $353.8 million, boosted by a higher average ticket and more traffic.  Same-store sales were up 7%. 

    The retailer also said Thursday that its sales so far in December are strong and that it expected the momentum to continue until Christmas. 

  • Rite Aid narrows Q3 loss on higher same-store sales

    CAMP HILL, Pa. -- Rite Aid Corp. reported Thursday that it lost $54.5 million in the fiscal quarter, narrowed from a loss of $81.5 million a year earlier. The chain has trimmed its projected loss for fiscal 2012 based on the results.

    Revenue rose almost 2% to $6.31 billion, compared with $6.2 billion in the year-ago period and surpassing Wall Street’s expected $6.29 billion in revenue. Same-store sales increased 2%. 

    Rite Aid is upping its store improvement spending and has focused efforts on building its Wellness Plus rewards program.

  • Tiffany announces management shift

    New York -- Tiffany & Co.  announced that Stephane Lafay has been appointed to the newly-created position of group VP - Asia-Pacific Region and President - Tiffany Japan. 

    Lafay, 46, joined Tiffany in 2009 as president of Tiffany’s Japan organization. A search is underway for a managing director of Japan who will report to Lafay. 

  • IBM to acquire Emptoris

    ARMONK, N.Y. -- IBM announced a definitive agreement to acquire Emptoris Inc., a leading provider of cloud and on-premise analytics software that brings more intelligence to procurement and supply chain operations with spend, supplier and contract management for “smarter commerce.” Financial terms were not disclosed.

  • Safeway names president of grocer's Denver division

    PLEASANTON, Calif. — Safeway on Tuesday named Al Duran to the role of president of the company's Denver division. He replaces Scott Grimmett, who is leaving Safeway for an opportunity with a noncompeting food retailer, the company stated.

    "Al's results-oriented leadership style and experience on both the retail and the marketing side of our business will serve him well in his new assignment," Safeway chairman, president and CEO Steve Burd said. "He is also a Colorado native and knows that market well."

  • ShopperTrak notes retail sales rise second week of December

    CHICAGO — A new report by ShopperTrak found that sales continue to rise despite flat year-over-year figures.

    Sales for the week ended Dec. 10 rose 10.6% above the prior week, while year-over-year sales saw a decline of 1.9%. The drop, which followed a 0.2% year-over-year increase during the week ended Dec. 3, is not an indication that holiday sales will be dismal this year; the firm suggested that it may have been caused by the shifting dates of Hanukkah — moving from Dec. 1 in 2010 to Dec. 20 this year.

  • Stater Bros. releases Q4, full-year results

    SAN BERNARDINO, Calif. — Fourth quarter and fiscal year 2011 both proved positive for Stater Bros., the regional supermarket chain announced Tuesday.

    For the fourth quarter ended Sept. 25, the retailer saw a 5% increase in sales to $941.9 million, compared with the year-ago period. For the 52-week fiscal year, sales rose 2.4% to $3.7 billion, the company said. Same-store sales for the fourth quarter and fiscal year experienced a 5% and 2.5% jump in same-store sales, respectively.

  • Walmex affirms sustainability commitment

    Wal-Mart Stores' Mexican subsidiary, Walmex, is now part of the Mexican Stock Exchange's newly created Sustainable Index, the company reported. 

  • NRF survey: Consumers still have more than half of their shopping to do

    Washington, D.C. -- The Consumer Intentions and Actions survey released Wednesday by the National Retail Federation and conducted by BIGresearch found that, as of the second week in December, the average person has completed 46.5% of their holiday shopping.

    Last year at this time, the average shopper had completed 49.5% of their shopping.

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