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Data & Analytics

  • February retail sales up 1.1%

    WASHINGTON — The Department of Commerce reported that retail sales for the month of February rose by 1.1% seasonally adjusted month to month.

    The newly released figures include nongeneral merchandise categories, such as automobiles, gas stations and restaurants; excluding those, sales rose 0.7%, while rising 0.5% unadjusted year over year. The National Retail Federation noted that sales beat estimates as consumers adapted and adjusted spending in response to higher gas prices and the payroll tax increase.

  • Survey: Chick-fil-A leads fast-food industry in customer service

    Waban, Mass. -- Chick-fil-A, Dunkin' Donuts, Sonic Drive-In, and Little Caesar's earned the top spots in the fast food sector of the 2013 Temkin Experience Ratings. At the other end of the spectrum, KFC and McDonalds were the lowest-rated fast food restaurants. The fast food industry earned the second highest average rating out of 19 industries, falling only behind the grocery sector.

  • Sales and earnings up at Express

    COLUMBUS, Ohio — Express, a specialty retail apparel chain operating more than 620 stores, reported that fourth quarter net sales increased 8% to $728.7 million from $673.2 million in the fourth quarter of 2011. Comparable sales increased 1.5%, following a 5% increase in the fourth quarter of 2011.

    Net income was $63.9 million, or 75 cents per diluted share. This compares to net income of $60.4 million, or 68 cents per diluted share in the fourth quarter of 2011.

  • New CFO named at Ulta Beauty

    BOLINGBROOK, Ill. — Ulta Beauty has named Scott Settersten CFO and assistant secretary, effective immediately. Settersten will report to Dennis Eck, interim CEO.

    Settersten has been acting CFO and assistant secretary since October 2012. He previously served as VP accounting since 2010 and was responsible for accounting, tax and external reporting. In that role, he also oversaw investor relations and worked closely with the audit committee and board of directors. He joined Ulta Beauty in January 2005 as director of financial reporting.

  • Michaels Stores Q4 profit rises 15%

    Irving, Texas -- Michaels Stores said its fourth-quarter profit rose 15%, boosted by higher sales.
       
    For the three months ended Feb. 2, the company said net income rose to $112 million, up from $97 million in the year ago period.

    Revenue rose 9% to $1.52 billion, helped by an extra week in the quarter. Same-store sales increased 1.7%, with a 2.3% increase in the average ticket.

    For the year, net sales increased 15% to $4.41 billion. Net income totaled $214 million, up from $176 million in fiscal 2011.

  • Profits up at Urban Outfitters

    PHILADELPHIA — Net income rose to $83 million at Urban Outfitters for its fourth quarter from $39.26 million in the year-ago period, on strong same-store sales and higher revenue.

    Total company net sales for the quarter increased 17% to $857 million. Comparable retail segment net sales, which include comparable direct-to-consumer channel, increased 11% for the quarter, while comparable-store net sales were flat.

  • Survey: U.S. expansion is key growth strategy for retailers in 2013

    Chicago -- Despite all the headlines about Canadian and global growth, U.S. expansion remains a key growth strategy for retailers, according to a survey of 100 retail chief financial officers by BDO USA.  
       
    In the seventh-annual BDO Retail Compass Survey of CFOs, 30% of the executives said U.S. expansion will be their priority growth tactic in 2013, followed by improving merchandise assortment (24%) and e-commerce and mobile commerce (22%).
       

  • Walgreens app honored at SXSW

    MediaPost this week named the Walgreens app the best retail app at its Appy awards during the South by Southwest festival in Austin, Texas. 

    The 2012 version of the Walgreens app included a rewards program, integration with Apple’s Passbook and photo-editing capability. The app also featured in-store mapping to all 8,000 of its stores through a partnership with Aisle411.

     

     

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