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Data & Analytics

  • Jones Q1 profit down 34% on charges, costs

    New York City -- Jones Group's net income fell 34% in the first quarter, weighed down by higher costs and charges tied to an acquisition.

    Jones Group earned $25.9 million, compared with $39.4 million a year ago.

    Jones Group said its quarterly results included about $11 million in costs and charges tied to its Stuart Weitzman acquisition and other restructuring and strategic review costs. Last year's quarter included costs and charges totaling approximately $3 million.

  • Wal-Mart CEO sees progress in turning around U.S. sales

    New York City -- Wal-Mart Stores is making progress bringing items and shoppers back to its U.S. stores, president and CEO Mike Duke said Tuesday at the Barclays Capital analyst conference in New York City. 

    Duke noted that improving the chain’s U.S. same-store sales remains its top priority. He said the chain is on its way to having the right assortment.

  • Target joins GreenChill

    Minneapolis -- Target Corp. has joined the U.S. Environmental Protection Agency's (EPA) GreenChill program. The program further Target's efforts to reduce refrigeration emissions by adopting green refrigeration technologies in its stores.

  • Office Depot reports Q1 loss amid weak sales

    Boca Raton, Fla. -- Office Depot reported a first quarter loss of $5.4 million, down from a profit of $29.5 million in the prior-year period, amid weaker sales and a higher tax rate.

    Total company sales for the quarter were $2.97 billion, down 3% from last year.

  • RadioShack to sell $300 million in debt

    Dallas -- RadioShack Corp. said Monday that it plans to sell $300 million in debt that will come due in 2019.

    The retailer said it plans to use the proceeds from the sale of the senior notes for general corporate purposes, which may include stock buybacks.

  • Roundy’s Supermarkets partners with Grocery Shopping Network on enhanced websites

    Minneapolis -- Grocery Shopping Network has announced the launch of newly enhanced consumer websites for Milwaukee based Roundy’s Supermarkets.

    The launch includes the websites of Roundy’s five store banners: Pick ’n Save, Rainbow Foods, Copps Food Centers, Metro Market and Mariano’s Fresh Market.

  • Best Buy CEO’s pay package falls 51%

    New York City -- The CEO of Best Buy received a pay package worth about $5 million in the most recent fiscal year, half what he got the year before, according to a document the company filed Friday with the Securities and Exchange Commission, the Associated Press said.

    Brian Dunn, 50, received a base salary of $1 million and a performance-based bonus of $746,667, down 75% from his performance based bonus the year before. Dunn received option awards valued at $3.2 million when they were granted, down 48%.

  • Zale extends maturity of some debt

    Dallas -- Zale Corp. is extending the maturity of $120 million of its credit facility by more than two and a half years, the Associated Press reported.

    The portion being extended includes a seasonal adjustment of $20 million. The debt was set to mature Aug. 11. Now, it matures on April 30, 2014.

    Zale said Monday that commitments under the facility remain at $650 million, including a $108 million seasonal adjustment. All commitments mature on the new date in 2014.

  • Webinar: Simplifying Retail Business Intelligence

    New York City -- Chain Store Age will present a Webinar on Tuesday, April 26, at 2 p.m. EST (11 a.m. Pacific) that will include results of its exclusive survey on how retailers are using business intelligence tools.

  • RadioShack profit down 30% on costs

    Fort Worth, Texas -- RadioShack Corp.'s first-quarter earnings fell 30% amid higher costs and lower margins. The company also lowered the high end of its full-year earnings estimate.

    RadioShack reported net income of $35.1 million, down from $50.1 million a year earlier.

    Revenue for the three months ended March 31 rose 2% to $1.06 billion, boosted by 11%  growth in mobile devices.

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