Data & Analytics

Burlington, N.J. -- Burlington Coat Factory credited the unusually cold winter experienced by many parts of the country, which dampened the first quarter results of many retailers, for helping to drive its strong financial performance during the first quarter.

The retailer reported net income of $11.1 million, a substantial improvement from $842,000 in the first quarter of the prior year, primarily driven by sales growth and improved gross margin rate which was in turn partially offset by increased selling and administrative expenses.

Glenview, Ill. -- Eco Gym will open an 8,300-sq.-ft. solar- and human-powered health club at Glenbrook Market Place in Glenview, Ill., a North Shore suburb of Chicago, according to Mid-America Asset Management Inc., the landlord’s representative.

The fitness center, Eco Gym’s second, will use a combination of human kinetic power and solar power to generate electricity for its equipment. As members use the equipment, they generate more power to the central power grid, which lowers monthly dues.

New York – Improvements in real home prices, initial unemployment claims and real wages drove an increase in the Deloitte Consumer Spending Index last month. The Index, which comprises four components of tax burden, initial unemployment claims, real wages and real home prices, rose slightly in May to 4.27 from a reading of 4.12 the previous month.

TROY, Mich. — PayAnywhere, a provider of mobile point of sale technology, has launched an upgraded version of its mPOS app for iOS and revamped its merchant portal PayAnywhere Inside.

The app is available for download from the Apple App Store and works with the PayAnywhere mobile credit card reader, which plugs into the audio jack of an iPhone, iPad or iPod touch device, so merchants of all sizes can accept credit and debit card payments directly from their phones or tablets.

Wayne, N.J. -- Toys "R" Us reported a loss of $111 million for the first quarter, compared with a year-earlier loss of $60 million. It was the struggling chain’s worst quarter in a decade.

Net sales for the quarter, ended May 4, declined 7.8% to $2.4 billion. Same-store sales were down 8.4% domestically and fell 5.8% internationally.

ROANOKE, Va. — Advance Auto Parts has promoted Jon Dehne to SVP of market availability, inventory management and merchandise operations. 

Cincinnati -- Retail loyalty programs have seen some impressive growth since 2011, according to results of the latest Colloquy Loyalty Census. In 2013, department stores achieved 70% growth in loyalty program memberships since the 2011 Colloquy Census, far surpassing the 26.7% rate of growth in loyalty programs across all sectors tabulated in the 2013 census. The number of department store loyalty memberships is 193.9 million.

New York -- Sixty-percent of retailers have energy management systems within their site portfolios, but only 46% have a formal energy management strategy in place.
 
Those are among the findings of a survey conducted by Ecova, a total energy and sustainability management company. In other survey findings, 44% of the respondents said they currently benchmark their portfolio or sites, and 21% have applied for the Energy Star label for their portfolio.