Skip to main content

Data & Analytics

  • Stater Bros. posts decline in quarterly supermarket sales

    SAN BERNARDINO, Calif.  -- Stater Bros. reported that supermarket sales declined 2.31% in the first quarter of fiscal 2011 compared with the same period of the prior year.  Like-store sales decreased 2.31% or $21.3 million for the thirteen weeks ended Dec. 26, 2010 compared with the thirteen weeks ended Dec. 27, 2009.  Consolidated sales in the first quarter of fiscal 2011 were $899 million compared with $923.9 million in the first quarter of fiscal 2010, an overall decline of $24.8 million.

  • Barneys offers fashion view through "The Window"

    NEW YORK-- Barneys New York has launched a new editorial site called "The Window," which will reside on Barneys.com. According to the company, The Window will give viewers "a unique and expertly cultivated view into the worlds of luxury, culture, beauty and the people behind the most celebrated design houses, through interactive features and exclusive content."

  • Consumer Reports index finds household financial difficulty rising

    YONKERS, N.Y. -- Consumer Reports announced that its Trouble Tracker Index has climbed for the third straight month to 58.7. The index, which tracks the depth and breadth of financial difficulties among households, has climbed up from 54.2 last month and from 53.4 one year ago.

  • Report: Consumer credit-card use bounces back in January

    Atlanta -- A report released Wednesday by First Data Corp., which tracks same-store consumer spending by credit, signature debit, PIN debit, EBT cards and checks at U.S. merchant locations, found that more consumers opted to pay with credit cards in January.

    According to the First Data SpendTrend report for January 2011, transaction growth on credit cards was at a 13-month high in January and year-over-year credit dollar volume growth was the second highest in over a year.

  • Potential cost savings drive energy-efficiency efforts

    Palatine, Ill. -- An overwhelming number (88%) of executives admit to a “moral responsibility” beyond regulatory requirement to make their companies more energy efficient, according to a recent poll of senior executives at Fortune 1000 companies. At the same time, however, 61% of respondents rank potential cost-savings as biggest motivator to save energy at the enterprise-level, outranking both environmental benefits and government regulations.

  • Lowe’s announces executive moves, promotions

    Mooresville, N.C. -- Lowe’s Cos. said Wednesday that it has made several key promotions and moves in its human resources, legal, merchandising, logistics and information technology areas.

    Maureen K. Ausura was promoted to executive VP human resources, from senior VP in the same capacity.

    Gaither M. Keener has been promoted to executive VP general counsel, secretary and chief compliance officer, from senior VP in the same capacity. 

    Both will continue reporting to CEO Robert Niblock.

  • Readers Speak Out: Have we seen the beginning of more ground-up projects?

    In the Jan. 27 edition of SiteTalk, we asked our readers to comment on the recent announcement that Cordish Cos. would build an upscale outlet center and entertainment district near Omaha, Neb., and if that development signaled the beginning of more ground-up projects. This is what one reader had to say:

  • DSW to acquire Retail Ventures

    Columbus, Ohio -- DSW said Tuesday that it will acquire its largest shareholder Retail Ventures and turn it into a wholly owned subsidiary, helping to simplify its relationship.

    According to the shoe retailer, the two companies signed a merger agreement, under which DSW will give stockholders 0.435 of a DSW share for each share they hold of Retail Ventures.

    Retail Venture holds a 62% stake in DSW.

    The companies are slated to hold a conference on Wednesday to discuss the deal with investors.

  • Gap adds eight more European countries to online presence

    San Francisco -- Gap said Wednesday that it has expanded its Gap and Banana Republic online presence to eight additional European countries through its dedicated European e-commerce sites.

    Gap debuted the dedicated sites in the United Kingdom in August 2010 and then expanded to include nine additional European countries in October 2010. The newest announcement brings the total reach of it European e-commerce business to 18 countries.

  • Stater Bros. profit decreases in fiscal Q1

    San Bernardino, Calif. -- Supermarket retailer Stater Bros. Holdings said Wednesday that net income for the quarter ended Dec. 26 dropped to $1.3 million, compared with net income of $6.7 million in the year-ago period. The prior year results included an after-tax gain of $4.7 million.

    Sales declined 2.3% to $899 million in the first quarter. Same-store sales also decreased 2.3%.

X
This ad will auto-close in 10 seconds