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Data & Analytics

  • Weis Markets expands loyalty program with gold preferred customer membership

    SUNBURY, Pa. — Weis Markets recently expanded its loyalty card program with a gold preferred customer offering that customizes offers for regular shoppers who spend at least $3,500 in a calendar year.

    "Once a calendar year Weis will send out gold cards to qualifying customers based on their shopping habits the previous year," the grocer stated on a website explaining the deal. "The gold card will have an expiration date printed on it, and if you qualify again the next year you’ll automatically be sent a new card."

  • Head of Energizer household products division to retire

    ST. LOUIS — Joe McClanathan, president and CEO of the Energizer household products division, will retire in the first half of 2012, Energizer Holdings announced Friday. He will be succeeded by Alan Hoskins, VP Asia-Pacific, Africa and Middle East.

  • TRU Q3 sales down ahead of holiday shopping season

    WAYNE, N.J. — Toys“R”Us' focus on the upcoming holiday shopping season was reflected in its third quarter results, which included a sales decrease. The company reported that net sales for the quarter were $2.7 billion, compared to $2.72 billion in the prior year. The company said it saw continued strength in learning and core toys, while the video game category remains a challenge.

    Comparable store net sales decreased by 2.2% in the domestic segment and 3.9% in the international segment. 

  • First Data: November spending up a moderate 7.3%

    Atlanta -- The SpendTrend analysis released Friday by First Data Corp., which tracks same-store consumer spending by credit, signature debit, PIN debit, EBT cards and checks at U.S. merchant locations, found that overall year-over-year dollar volume growth was up 7.3% in November 2011, down from October’s 9.4% growth.

    November 2011 had tough comparables as November 2010 was a particularly strong month, with dollar volume growth up 8.1%, according to First Data. November 2011 transaction growth was 6.1%. 

  • Thomson Reuters/U of Michigan shows climbing consumer confidence

    New York City -- The Thomson Reuters/University of Michigan preliminary index of consumer sentiment showed Friday that confidence among U.S. consumers rose more than forecast in December as Americans’ outlooks improved. 

    The index rose to 67.7, a six-month high, from 64.1 at the end of November. The median estimate of 73 economists surveyed by Bloomberg News called for a reading of 65.8. The gauge averaged 89 in the five years leading up to the recession that began in December 2007 and ended in June 2009. 

  • Apple opens in Grand Central Terminal

    New York -- Apple on Friday, opened its newest Big Apple store, a 23,000-sq-.ft. outpost in the landmarked Grand Central Terminal. The company said 2,500 people were waiting in line before the opening, and the store had nearly 4,000 visitors before noon.

    The space had been previously occupied by a restaurant, which closed earlier this summer. It is Apple’s fifth location in Manhattan,

  • Big Tall Direct partners with TrustPilot for online satisfaction reviews

    Dallas -- Online menswear retailer Big Tall Direct said Friday it has partnered with TrustPilot to measure customer satisfaction.  

    "By integrating TrustPilot with our existing systems, our potential consumers benefit from the shopping experience of our established consumers", said Rob Schlein, president, Big Tall Direct.

  • Stein Mart revises 3Q loss after inventory error

    Jacksonville, Fla. -- Stein Mart Inc. on Thursday said it has had to revise its Q3 financial results, because it mishandled records related to a pending changeover in its electronic inventory system. The computer error led the retailer to miss recording permanent markdowns for the quarter ended Oct. 29.

    The adjustment, which will reduce gross margin and inventory, will widen Stein Mart’s third-quarter loss by $1.3-$1.6 million. The retailer had reported a loss of $1.8 million for the period.

  • Duckwall-ALCO swings to profit in Q3 with one-time gain

    Abilene, Kan. -- Duckwall-ALCO Stores reported Friday that it recorded a profit of $0.1 million in the quarter ended Oct. 30, compared with a loss of $2.1 million in the year-ago period.

    Sales increased 3.6% to $109.8 million, and same-store sales excluding fuel centers increased 2.7%. 

  • IBM looks to enhance retail presence with DemandTec buy

    ARMONK, N.Y. and SAN MATEO, Calif. — IBM announced that it intends to acquire DemandTec for $13.20 per share, or at a net price of approximately $440 million, after adjusting for cash. 

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