Data & Analytics

JACKSONVILLE, Fla. — Stein Mart has announced its plants to launch its e-commerce business, one of the company's several key initiatives for 2013 following reported financial results. 

The company has restated its 2011 periods and first quarter 2012 results, released its full-year 2012 financial numbers and said it will unveil several key initiatives in 2013.

Jacksonville, Fla. -- Stein Mart reported Monday that it has restated its 2011 periods and first quarter 2012 results, released its full-year 2012 financial numbers, and said it will unveil several key initiatives in 2013.

For the fourth quarter, net income was $13.5 million, compared to $5.9 million last year. Sales surged 11.4% to $368.6 million from $331 million, and same-store sales increased 6% in the quarter.

SAN DIEGO & DALLAS — Novatel Wireless, a leading provider of intelligent wireless solutions, has entered into a supply agreement with LoJack SCI, a leading supplier of supply chain integrity and tracking solutions, which will help companies protect their supply chains.

MISSISSAUGA, Ontario — According to a survey conducted by Leger Marketing on behalf of Walmart Canada, Canadians would pay their mom an average annual salary of $161,287 per year.

Montreal -- Jesta I.S. said Monday it has expanded its relationship with Canadian shoe store operator Town Shoes, parent to the Sterling Shoes, Shoe Warehouse and Freedman Shoes banners, to include the implementation of the multichannel order management capabilities delivered by Vision E-DOM.

In deciding to implement Jesta I.S., Town Shoes will further leverage its existing IT infrastructure, at the backbone of which are Vision’s foundational Merchandising ERP and POS systems.

New York -- The world’s largest retailers have been scaling back their global expansion activities, particularly in Asia, and turning their attention inward by integrating operations and strengthening their store, Internet and mobile sales channels, according to a new report by Accenture.
    

CARY, N.C. — The Pantry, a leading independently operated convenience store chain in the southeastern U.S., has appointed former Dollar General executive Kathleen Guion to its board of directors.

Deerfield, Ill. -- Walgreens reported April 2013 sales of $5.98 billion, up almost 4% from $5.76 billion in the same month a year earlier.
   
Despite declines in front-end sales, comparable front-end sales and customer traffic, slightly larger basket sizes and an almost 10% increase in comparable prescription fills helped boost overall sales.

Same-store sales increased 1.2% from April 2012.