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Data & Analytics

  • ShopperTrak report: Week ending Dec. 10 sales up 10.6%

    Chicago -- A report released Tuesday by ShopperTrak revealed that December holiday sales remain flat year-over-year but are showing signs of growth in the days and weeks ahead. Double-digit increases in week-over-week sales show shoppers are spending this holiday season.

    According to ShopperTrak, the week ending Dec. 10 saw a 10.6% increase in retail sales from the previous week, good tidings as retailers prepare for historically two of the highest GAFO sales weeks of the year for retailers.

  • Keeping Customers Engaged When Virtual and Real World Retail Strategies Converge

    By Kenneth Gruskin, [email protected]

    Today, fickle and demanding consumers can access virtually anything they want as a result of technology such as smartphones, tablets, and computers. This anytime, anywhere access coupled with what can be referred to as the four ‘C’s’ — convergence, convenience, connection, and cost — are having a dramatic impact on retailers. 

  • The byproduct of growth

    The commute into downtown Minneapolis should get a little easier in the coming years, as Target is set to relocate nearly 4,000 technology-related workers from its headquarters to a new office in the Northern suburb of Brooklyn Park.

    According to the Minneapolis St. Paul Business Journal, the transition of about 2,400 technology team members and 1,500 contract workers will begin next year. To read more, click here. 

  • Tommy Hilfiger creates and fills chief marketer role

    NEW YORK — The Tommy Hilfiger Group announced that it has named Avery Baker as chief marketing officer, a newly created position, effective immediately. Baker has been with the company for 15 years, most recently in the position of EVP global communications and marketing. Baker will continue to report to Fred Gehring, CEO of The Tommy Hilfiger Group.

  • Rite Aid introduces new online coupon management tool, wellness rewards for Wellness+ members

    CAMP HILL, Pa. — Calling it a first for the drug store industry, Rite Aid will roll out an online coupon management tool for members of its Wellness+ loyalty card program, the retail pharmacy chain said Tuesday.

  • Costco comps, profits up in Q1

    ISSAQUAH, Wash. — Costco Wholesale reported that net sales for the first quarter of 2012 increased 13% to $21.18 billion from $18.82 billion during the first quarter of fiscal 2011. 

    Total comps for the quarter increased 10%, which included a 10% increase in U.S. comps and an 11% increase in international comps.

    Excluding the impact of fuel and strengthening foreign currencies, total comps for the quarter were up 7%, U.S. comps rose 6% and international comps rose 10%.

  • Oracle study: Consumers expect consistent experience across channels

    Redwood Shores, Calif. -- Cross-channel shopping is the new norm: Fifty-four percent of consumers regularly employ two or more channels before they make a purchase, according to a new study by Oracle.
     
    The report, “Cross-Channel Commerce: The Consumer View,” reveals that consumers expect a consistent experience across all channels. Nearly 20% expect to redeem the same coupons and promotions in stores and online.

  • Rite Aid selects Ecova for energy management services

    Spokane, Wash. -- Ecova, a total energy and sustainability management company, has been selected by Rite Aid to provide utility expense and energy management services. Ecova will assist Rite Aid in monitoring, understanding and reducing energy use at approximately 4,700 Rite Aid pharmacies nationwide.

  • Whole Foods Market partners in energy-saving program

    San Francisco -- Whole Foods Market partnering with EnergySmart Jobs and PECI on high-efficiency refrigeration retrofits. EnergySmart Jobs works with supermarkets and other commercial retail businesses throughout California to lower their operating costs by reducing the amount of energy they use.

  • Retail container traffic to be up slightly in December

    Washington, D.C. -- Import cargo volume at the nation’s major retail container ports should be up 0.3% in December compared with the same month last year as retailers head to the finish line of the holiday shopping season, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

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