Skip to main content

Data & Analytics

  • Walgreens checks in with Foursquare

    DEERFIELD, Ill. — Walgreens customers can now access exclusive offers when they check in at any Walgreens store through Foursquare.

    The drugstore chain said customers that check in via Foursquare instantly will receive a unique scannable coupon via their smartphone, which is redeemable in the store and does not require texting, reply or other steps.

  • Target does well, but Fortune’s Most Admired misses retail mark

    Target ranked 25th on Fortune’s listing of the 50 Most Admired Companies, which is the lowest level in the past six years. The decline could be viewed as troubling, but only if you buy into the notion that the list is the definitive report card on corporate reputations.

    It is not, at least as far as retailers are concerned. In 2011 and 2010, Target was ranked 22nd, down from 2009 when it was ranked 19th and considerably below 2008 when it nearly broke into the top 10 with a ranking of 11th after a ranking of 13th in 2007.

  • Warm weather cools comps at Children's Place

    SECAUCUS, N.J. — The Children's Place Retail Stores is the latest retailer to report fourth-quarter sales that were negatively impacted by the unseasonably warm weather this winter. The company said that comparable-store sales for the quarter declined 2.7%, and net sales were up only slightly (0.9%) to $457.5 million from $453.2 million for the fourth quarter of 2010. 

    Children's Place also reported a drop in income from continuing operations after tax from $32.7 million, or $1.24 per diluted share, to $24.2 million, or 97 cents per diluted share.

  • Safeway raises expectations for 2012

    PLEASANTON, Calif. — Safeway is projecting that 2012 will be a good year for the retailer.

    The company said ahead of an investor conference held Tuesday that it forecasts earnings per share will be in the range of $1.90 to $2.10 per diluted share. This compared with net income of $1.49 per diluted share in fiscal 2011, due to a tax charge 29 cents per diluted share. Excluding the charge, diluted earnings per share would have been $1.78 in fiscal 2011.

  • Giant-Carlisle goes mobile

    CARLISLE, Pa. — A supermarket chain in the Northeast is the latest to enter the mobile application game.

    Giant Food Stores, based in Carlisle, Pa., announced the launch of a mobile app for iPhone and Android devices that it said syncs with a customer's BonusCard, provides access to an online account and allows customers to check point totals for Gas Extra Rewards and A+ School Rewards and view personalized savings offers.

  • Valspar names new exec

    Paint manufacturer Valspar has announced that John Wardzel has joined the company as senior VP global operations, reporting to Steven Erdahl, EVP. In this role, Wardzel will provide executive leadership of Valspar’s global operations and becomes an officer of the company.

  • Front-end sales warm up Walgreens February results

    DEERFIELD, Ill. — Higher front-end sales for the month of February helped counter-balance lost revenue from Express Scripts prescriptions, Walgreeens reported Monday. Overall, the drug store chain reported a 1.5% sales increase to $5.9 billion.

    Shares of Walgreens were up slightly by 8 cents to $32.77 in early morning trading.

    This year’s total February sales benefited from one extra day because of leap year, the company noted. 

  • Want a job? Retail's got them

    CHELMSFORD, Mass. — The Kronos Retail Labor Index released by the company on Thursday showed that retail hiring is on the rise, even as fewer people seek jobs in the retail sector.

    The Index jumped to 4.2%, up nearly 7% from last year, indicating a potential recovery in the labor market. The number of applications edged down 1.3% , which is down nearly 6% from its level one year ago, pointing to applicants seeking employment in other growing industries.

X
This ad will auto-close in 10 seconds