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Data & Analytics

  • Totsy names new CTO and creative director

    NEW YORK —Totsy, a private sales site dedicated to offering exclusive deals to parents, babies and children, announced that it has named a new chief technology officer and a new creative director.

    The company has appointed Richard Minns as chief technology officer. Minns brings 15 years of corporate experience in technology and e-commerce, most recently from 1800FLOWERS.com.

  • United Healthcare opens health-benefits superstore in NYC

    New York City -- United Healthcare on Wednesday opened its first comprehensive health-benefits store, in Flushing, N.Y. The insurer said the 16,000-sq.-ft. store will serve as a model for future UnitedHealthcare consumer-support centers.

    The new UnitedHealthcare Asian Plaza center will provide residents with information and customer service on a variety of UnitedHealthcare benefits programs, as well as health-and-wellness services and free public health education programs. It is especially geared to the area’s many Asian-American residents.

  • Ikea ups solar presence to more than 50% of U.S. stores

    Conshohocken, Pa. -- Ikea announced on Wednesday plans to install solar energy panels at three additional U.S. locations, bringing the number of Ikea U.S. stores with a solar program to 23 – more than half of the home-furnishing retailer’s domestic presence.

  • American Eagle Q3 sales rise 11%

    Pittsburgh -- American Eagle Outfitters reported Wednesday that sales for the quarter ended Oct. 29 rose 11% to $832 million, compared with $752 million in the year-ago period.

    Same-store sales increased 5% for the quarter, following a 1% rise for the same period last year.

    By banner, American Eagle posted a 5% comp increase and Aerie comps surged 8%.

  • Citi Trends secures new credit facility

    Savannah, Ga. -- Citi Trends said Wednesday it has secured a new, five-year, $50 million credit facility through Bank of America to replace its prior $20 million credit facility.

    The new facility includes a $25 million uncommitted “accordion” feature that under certain circumstances could allow the company to increase the size of the facility to $75 million.
     

  • Walmart chief merchandising officer expresses optimism on holiday sales

    Bentonville, Ark. -- Walmart chief merchandising officer Duncan Mac Naughton expressed optimism about the retailer’s prospects for the holiday season and beyond during comments at a Bentonville Bella Vista Chamber of Commerce meeting with attracted more than 500 people. The function was held on Tuesday.

  • Hhgregg profit, sales rise in Q2, on track to open 35 stores in fiscal year

    Indianapolis -- Electronics and appliance retailer Hhgregg reported Wednesday that net income for the quarter ended Sept. 30 rose to $6 million from $3.9 million in the year-ago period.

    Sales for the period rose 29% to $618.6 million. Same-store sales rose 1.5%, returning to positive growth after a 5% decline last quarter.

  • Casual Male launches DestinationXL.com

    Canton, Mass. -- Casual Male Retail Group said Wednesday that it has launched e-commerce site DestinationXL.com, created in tandem with e-commerce and digital marketing firm Acquity Group.

    The new site includes a built-in size profiler – a customization tool that allows customers to enter and save their size specifications for either current or future shopping experiences.

  • Report: Announced U.S. job cuts rose 13% from year ago

    Chicago -- A Wednesday report by Challenger, Gray & Christmas said that job cuts announced by U.S. employers increased in October from the same month last year.

    According to the report, planned firings rose 13% to 42,759, from 37,986 in October 2010, boosted by job cuts by government agencies and financial companies.

  • Harris Teeter, Cardtronics team to roll out ATMs chainwide

    Houston -- ATM owner Cardtronics said Wednesday it has signed an agreement to provide ATM services to grocer Harris Teeter.

    As part of the agreement, Cardtronics has initially installed 100 ATMs for Harris Teeter in Florida, Maryland, North Carolina, South Carolina, Tennessee and Virginia. Additionally, the agreement provides Cardtronics the exclusive right to install ATMs in new Harris Teeter stores, as well as to transition all existing non-bank branch cash machines at Harris Teeter stores to Cardtronics' ATMs, over time.
     

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