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Data & Analytics

  • Premier Retail Networks nabs new COO

    Martin Fry has joined Premier Retail Networks as chief operating officer, the company announced Monday.

  • Budget priced brands versus EDLP basics

    It may be back to basics in Walmart’s apparel department, but shoppers still crave discounted brands and fashion as evidenced by continued strength at some familiar retailers.

    TJX and Ross Stores both posted same-store sales increases of 7% during June, and both companies used the occasion of the better-than-expected results to elevate their profits forecasts. TJX said June sales increase 9% to $2.3 billion, while Ross said its June sales increased 12% to $886 million.

  • Consumer sentiment improves for low and high income groups

    YONKERS, N.Y. — Retailers that cater to lower-income and higher-income consumers should be pleased with the most recent Consumer Reports Index, as those two groups showed the greatest improvement in consumer sentiment.

    The Consumer Reports Index, an overall measure of Americans' personal financial health, saw a sharp improvement in its consumer sentiment measure, which jumped to its highest level since October 2008.

  • LeapFrog CFO resigns

    EMERYVILLE, Calif. — Educational toy manufacturer LeapFrog Enterprises announced that chief financial officer Mark Etnyre has resigned from the company in order to spend more time with his family and pursue personal interests. The resignation will be effective as of Oct. 1.

  • June unemployment rate unchanged

    According to the Employment Situation report from the Bureau of Labor Statistics, the national unemployment rate held at 8.2%. Nonfarm payroll employment continued to edge up in June, with 80,000 jobs added.

    Professional and business services added 47,000 jobs in June, while health care added 13,000 jobs and wholesale trade added 9,000 in June.

  • Publix begins test of deli online ordering service

    LAKELAND, Fla. — Publix is testing online ordering of its deli products in one Lakeland, Fla. store beginning Aug. 3. Through the service, customers an order custom subs, wraps, sliced meats and cheeses. Publix expects to roll out the program to 50 additional stores later this year.

  • Specialty stores hit and miss in June

    NEW YORK — Disappointing same-store sales results in June weren’t necessarily unexpected, as the month typically trends weaker as shoppers have fewer reasons to shop.

    Thomson Reuters, which polls 18 U.S. retail chains, projected its Same-Store Sales Index to inch up 0.5% in June, far below last year’s 6.7% rise for the month. Analysts have said that warm weather may have prompted consumers to make summer apparel purchases earlier than usual, shifting sales from later months like June.

  • ShopperTrak: June 2012

    Total U.S. shopper traffic in retail stores and malls for June 2012

    Summer retail is heating up. June brought high temperatures and a steady stream of shoppers to stores across the nation. Retail foot traffic in June increased 5.2% compared with the previous month and 7% over the same period last year.

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