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Data & Analytics

  • Salient names senior exec

    Horseheads, N.Y. -- Salient Management Co. said Monday that Paul Osinski has joined the company as senior VP commercial sales, covering the retail, manufacturing, CPG, wholesaling and direct store delivery industries.

    Osinski was previously an independent consultant; before that he spent 23 years with Stamford, Conn.-based private brand sales and marketing company Daymon Worldwide, most recently as senior VP.

    Osinski reports directly to Guy Amisano, Salient chairman and CEO.

  • Leadership survey: Walmart and McDonald's in, Zappos and Ikea out

    Philadelphia -- A survey released Tuesday by management consultancy Hay Group, ranking the 20 best companies for in terms of leadership, said that both Walmart and McDonald’s made the sixth annual list, but incumbents Zappos and Ikea dropped out of the rankings.

  • Consumer confidence in January climbs to eight-month high

    Washington, D.C. -- The Conference Board said Tuesday that its Consumer Confidence Index reached its highest level in eight months as Americans grew more optimistic about the job market.

    The Index climbed to 60.6 this month, up from 53.3 in December. While that reading surpassed expectations, it still falls short of the 90 level that indicates a healthy consumer mindset.

    The January figure was the highest since last May's 62.7, and hasn’t been above 90 since the recession began in December 2007.

  • Tuesday Morning reports profit, sales dip in Q2

    Dallas -- Tuesday Morning Corp. said Monday that net income for the quarter ended Dec. 31 was $17.3 million, compared with $18.5 million in the year-ago period.

    Net sales decreased 3.6% to $279.3 million from $289.6 million. Same-store sales decreased 3.2%.

    According to Kathleen Mason, president and CEO: "We anticipate that we will return to positive comparable sales for the remainder of the fiscal year.” Tuesday Morning reported four consecutive quarters of same-store sales growth prior to the second quarter.

  • Sherwin-Williams Q4 profit rises 12%

    Cleveland -- Sherwin-Williams Co. reported Tuesday that net income for its fourth quarter increased to $72.9 million, compared with $65.3 million in the prior year.

    Revenue rose to just under $1.9 billion, from $1.6 billion. Wall Street expected revenue of $1.78 billion.

  • Online traffic down, but holiday sales set record

    Online sales soared to new heights this past holiday season even though major retailers had a tough time attracting traffic during December. For example, Target.com during December had 37.3 million unique visitors which sounds like a lot and was enough to earn it the 30th ranking on comScore’s top 50 Web properties report released this week.

  • Target offering unbeatable combination, so far

    Target has never claimed to have the lowest prices, but it might want to rethink that strategy now that it has the benefit of its REDcard loyalty program.

  • Now hiring: .com readies for 2011 launch

    Target plans to launch its new website before the 2011 holiday season as is looking for people to join the Target talent community as it builds a best-in-class multichannel shopping experience. That’s according to the retailer’s website interesting openings are listed along with dozens of testimonials of people who already work for the company.

  • McDonald’s Q4 and full year income up

    Oakbrook, Ill. -- McDonald’s Corp. said net income for the fourth quarter, ended Dec. 31, 2010, rose 2.1% to $1.24 billion from $1.22 billion a year earlier.

    Revenue increased 4% to $6.21 billion in the fourth quarter from $5.97 billion a year earlier. Global same-store sales rose 5% in the quarter, reflecting increases of 4.4% in the United States, 3.4% in Europe and 5.5% in the Asia/Pacific, Middle East and Africa division.

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