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Data & Analytics

  • Gap and Costco shine in June

    New York -- U.S. retailers' June sales suggest overall consumer spending is improving, even though lower-end shoppers are holding back on nonessential purchases. Same-store sales increased 3.9% in June compared to the year-ago period, according to a preliminary tally of 12 retailers by the International Council of Shopping Centers. The association had expected a 3% to 3.5% increase.

  • Bebe same-store sales for Q4 dip

    BRISBANE, Calif. — Global specialty retailer Bebe reported retail sales of $109 million for the fourth fiscal quarter ended July 6, a decrease of 8.5% compared to $119.1 million for the fiscal quarter ended June 30, 2012. 

    Comparable store sales for the quarter decreased 7.1% compared to a decrease of 2.5% in the fourth fiscal quarter of the prior year. The decrease was primarily driven by the negative comparable store traffic during the quarter, with April being the most negative. 

  • PriceSmart Q3 net income misses expectations

    San Diego -- Warehouse club operator PriceSmart reported Thursday that profit for the quarter ended May 31 rose 18% to $18.5 million, compared with $15.7 million in the year-ago period but missing Wall Street estimates.

    Revenue rose 13% to $571.7 million, beating analysts’ expected $568.6 million in sales. Same-store sales rose 9.7%.

     

  • RadioShack considering hiring financial adviser

    New York -- A Thursday report by Reuters said that RadioShack is considering bringing in a financial advisor to guide the struggling chain toward managing its looming debts and spiraling sales.

    According to the report, which cited unidentified sources, RadioShack will hear pitches from financial advisers in the coming weeks, looking for the right fit to deal with $216.4 million in convertible notes coming due August 1, as well as falling sales capped off by a 7.6% drop in the first quarter of 2013.

  • Report: Retailers must think differently about mobile commerce ROI

    Boston – According to a new report from the Universal Commerce Innovation Exchange and Aite Group, “Strategies for Mobile Investments – Ensuring Success,” retailers need to think differently about how they achieve ROI from their mobile commerce strategies. This different mode of thinking includes:

  • Survey: Most parents to spend $100+ per child on back-to-school

    Austin, Texas -- Research results released Thursday by coupon site Offers.com found that 67% of U.S. parents with school-aged children plan to spend more than $100 per child on back-to-school shopping this year.

  • CBRE makes two research appointments

    Los Angeles -- CBRE Group Inc. has made two research appointments.

    First, Nick Axford, Ph.D., will move up to Global Head of Research, a new position, from CBRE’s Asia Pacific business unit. He will manage global research efforts, establish strategies that support CBRE objectives and serve as a resource for clients on global commercial real estate trends.

    In addition, Raymond Torto, Ph.D. will become global chairman of CBRE Research. He will analyze market trends for clients.

  • Costco starts summer right with strong June sales

    ISSAQUAH, Wash. — Costco has started the summer right, reporting sales of $9.92 billion for the month of June, the five-week period ended July 7, an 8% increase over the same period last year. 

    For the 44-week period that ended Sunday, sales were $87.05 billion, also an 8% increase over the same period last year. For the month and the 44-week period, same-store sales rose 6%.

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