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Data & Analytics

  • Weis Markets generates comps growth despite cautious consumer spending

    SUNBURY, Pa. — Weis Markets reported its third quarter sales increased 6% to $678.6 million and that its comparable-store sales increased 6.5% during the thirteen-week period ending Sept. 24 compared with the same period a year ago.

    During the period, the company's net income increased 4.1% to $17 million compared with the same period a year ago.  The company's third quarter earnings per share increased to 63 cents compared with 61 cents per share in 2010.

  • Giant Eagle inks deal with FoodLink on fresh food supply

    LOS GATOS, Calif. — FoodLink, an online network for fresh food retailers, wholesalers and suppliers, on Tuesday announced its status as a certified partner to Giant Eagle. With 228 supermarket locations, Giant Eagle is one of the largest produce buyers in the country, FoodLink stated.

  • Report: Execs spending less on security, but remain confident

    New York City -- Research released Wednesday by PwC found that retail and consumer executives are spending less on security due to insufficient capital, but that they maintain confidence in their information security, despite an increase in security incidents.

  • Survey: CFOs remain optimistic about retail industry

    Norwalk, Conn. -- A report released Wednesday by GE Capital found that the majority of retail CFOs are fairly optimistic about their industry, even though the outlook for the economy has soured.

    According to the GE Capital Middle-Market CFO Survey, 58% of retail CFOs believe their revenues will increase in 2011. However, that has dropped from 80% in the first quarter. Less than half – 42% -- expect to increase capital expenditures, up from 38% in the first quarter.

  • Maturing Consumers: What Retailers and Manufacturers Need to Know About Their Older Customers

    By Martin Walker and Martin Walker, A.T. Kearney’s Global Business Policy Council

    The fastest-growing age group worldwide in this century will be people over the age of 60. What must retailers and manufacturers know to adapt to this older consumer group? In the first-ever international survey of consumers over the age of 60, A.T. Kearney interviewed 3,000 people in 23 countries to find out what mature consumers want. The short answer: prices and labels they can read, packaging they can open, and more places to sit down in stores.

  • NCR launches CPMobile POS solution for specialty retailers; Hobby Superstore in pilot application

    Duluth, Ga. -- NCR Corp. announced the launch of CPMobile, a mobile retail management solution designed to enable specialty retailers to engage more directly with consumers throughout the sales process and provide a level of customer service that will drive revenue and differentiate them from their competition.

  • Ann Taylor parent to launch women’s initiative

    New York City -- Ann Inc., parent to Ann Taylor and Loft brands, announced Wednesday it will launch a four-year investment in young women’s leadership.

  • Office Depot ahead in green building competition

    BOCA RATON, Fla. — Office Depot announced that Office Depot stores hold the top three spots for retail energy efficiency gains at the midpoint of the U.S. Environmental Protection Agency’s (EPA) Energy Star National Building Competition.

  • Walmart makes Facebook marketing move

    BENTONVILLE, Ark. - Increased localization of shopper marketing efforts at Walmart is now possible via Facebook following the retailer’s announcement that it would create approximately 3,500 store-specific Facebook pages to serve its nearly 9.5 million fans.

    Walmart chief marketing officer Stephen Quinn said the move was an example of the company’s ongoing effort to engage with and listen to customers who desired a more localized experience on Facebook.

  • Tuesday Morning expects Q1 loss following comps drop

    DALLAS — Continued softness in the home and housewares category is evident at Tuesday Morning, which said it expects the loss per share for the first quarter to be in the range of 12 cents to 13 cents.

    Tuesday Morning reported that sales for its first quarter ended Sept. 30 were down 1.2% to $170.7 million from $172.8 million last year. The company said comparable-stores were down 4.1% comprised of a 5.2% decrease in traffic offset by a 1.1% increase in average ticket. 

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