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Data & Analytics

  • Who needs comps when profits are $3.4 billion?

    So maybe the Walmart U.S. isn’t lighting things up on the same-store sales front just yet; the division did manage to grow total sales by 0.6% to $62.7 billion and increase operating profits by 0.8% to $4.65 billion. This despite the fact that division president and CEO Bill Simon noted the paycheck cycle remains pronounced, and higher year-over-year gas prices are eating into the disposable income of the company’s core shoppers who are consolidating trips.

  • Walmart CEO talks traction on comps

    Despite progress on several key merchandising initiatives during the first quarter, it wasn’t enough to prevent Walmart from logging a 1.1% decline in same-store sales, losing customer traffic and introducing the possibility the second quarter will bring more of the same. The company’s forecast for second quarter same-store sales envisions a range of possibilities between a 1% decline and 1% increase.

  • PRN announces promotion

    SAN FRANCISCO  — Premier Retail Networks, a global leader in digital place-based media services, has announced that Jon Landa has been promoted to SVP sales for PRN’s West & Central regions. 

    As PRN’s VP sales since June 2007, Landa has been responsible for direct clients and agencies on the West Coast. Before joining PRN, he served as VP national accounts at ReelzChannel. 

  • U.S. Preventive Medicine's Prevention Plan launched at Sam's Club

    U.S. Preventive Medicine's new version of a health management solution for small businesses now is available at Sam's Club.

  • Comps, currency and 54 new stores boost international sales

    Sales at Walmart’s international division increased 11.5% to $27.9 billion, aided to a large degree by a $1.3 billion currency exchange benefit, without which the sales increase would have been a more modest 6.2%.

  • Sam’s Club is Walmart’s top performing division!

    It’s true. Sam’s Club smoked its first quarter same-store sales guidance that called for a 1% to 3% increase by hanging a 4.2% increase on the board and managed to grow operating profits by 7% to $459 million, easily outpacing the performance of Walmart’s U.S. stores and international division.

  • Target to invest more than planned to enter Canada

    New York City -- Target Corp. plans to spend more than it had forecast this year on its entry into the Canadian market as it nails down more of the best retail locations sooner than expected.

    The retailer said it will be able to “clarify” within weeks the number and locations of the first 100 to 150 stores it will open in Canada.

    “We expect to close on higher value lease transactions sooner than expected,” Target CFO Doug Scovanner told analysts on a conference call Wednesday.

  • Aeropostale profit plummets in Q1

    New York City – Aeropostale reported Thursday that net income for the first quarter decreased 64% to $16.4 million, compared to $45.4 million last year.

    Revenue rose 1% to $469.2 million, from $463.6 million. Same-store sales decreased 7%.

    The company opened nine Aeropostale and seven P.S. from Aeropostale stores, and closed one Aeropostale store during the quarter.

  • J.C. Penney to increase Energy Star certifications to 400 stores

    Plano, Texas -- J.C. Penney Co. announced Thursday that it will up its participation in the Environmental Protection Agency’s Energy Star program to 400 stores by the end of 2013. Energy Star certification is awarded to buildings that rank within the top 25% of similar commercial buildings nationwide by meeting strict energy performance levels set by the EPA.

    J.C. Penney has a companywide goal to reduce facility energy use 20% by 2015.

  • Report: Consumer confidence declines to nine-month low

    Washington, D.C. -- A report released Thursday by Bloomberg said that consumer confidence fell last week to the lowest level in nine months as the cost of fuel pinched U.S. household budgets.

    The Bloomberg Consumer Comfort Index declined to minus 49.4 in the period to May 15, the worst reading since August, from the prior week’s minus 46.9. A gauge of personal finances plunged to the weakest level since October 2009, and a monthly measure of economic expectations held at a seven-month low.

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