Data & Analytics

Hingham, Mass. -- It’s official: Talbots Inc. is seeking a new CEO as it works to turn around its struggling business. The retailer said Monday that president and CEO Trudy Sullivan plans to retire as soon as a successor is named.

The company said it has created a search committee of independent board members and hired executive search firm Spencer Stuart to assist in its search.

By Selena Linde and Michael Sharkey

Pam Kohn and Cameron Geiger are the headliners at this year’s annual luncheon for the Northwest Arkansas chapter of the Retail Link Users Group also known as the nwaRLUG.

Organizers of the event expect upward of 800 people will attend the 13th annual affair, which couldn’t take place at a more opportune time considering the heightened emphasis Walmart has placed on store level execution and on-shelf availability as the only metric that matters when it comes to assessing in-stock.

As retailers assess what worked and what didn’t in terms of Black Friday promotions and Thanksgiving weekend sales, overall there are a few things that stand out.

Walmart prices are lower than dollar store competitors in two New Jersey markets, but not by much, according to a recent survey conducted by Deutsche Bank.

All retailers are taking price increases where they can these days, especially in food, but the pace of increases at Walmart has slowed, and its price gap relative to most competitors has widened, according to the most recent pricing survey conducted by Credit Suisse.

CHICAGO — While retail sales during the Black Friday weekend increased this year, it seems that foot traffic may have dropped, according to a new report by ShopperTrak.

NEW YORK — Increases in Nook products helped offset a decline in physical book stores at Barnes & Noble during the second quarter. Total sales for the period ended Oct. 29, 2011, slipped 0.6% to $1.89 billion from $1.90 billion in the year-earlier quarter, with the biggest drop occurring at the chain’s college stores. Online revenue grew 17% in the quarter to $206 million, which the company attributed to increases in sales of ebooks and its Nook line of e-reading devices.

Chicago -- More customers shopped the Sunday before Thanksgiving than the days following Black Friday, according to ShopperTrak, a leading provider of retail and mall foot-traffic counting services.

San Diego -- Ikea has officially plugged in three Blink Pedestal electric vehicle charging stations at its San Diego store as part of its partnership with ECOtality, a leader in clean electric transportation and storage technologies.

The San Diego project is the third such project for Ikea in the United States. Installation also is planned at six other Ikea stores in the western United States.