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Data & Analytics

  • Webinar to focus on mobile technology

    Chain Store Age will present a Webinar on Tuesday, Dec. 7, at 2 p.m. ET (11 a.m. PT) that spotlights one the retail industry’s hottest topics: mobile technology. Sponsored by Junction Solutions, “The Impact of Mobile Technology on Retail Store Operations: The Road Map for Mobile Retail Success,” will examine how retailers can use mobile to enhance their shopping and customer experience while improving internal business processes.

    Click here to register for the webcast

  • Retail hiring slowed in November

    New York City -- The Labor Department’s November report indicated that retailers didn't hire as many new workers during the month as they traditionally do at this time of year, according to the Wall Street Journal.

    The report showed retailers are extending hours of existing workers and some may have hired earlier this year than usual.

  • The District at Tustin Legacy wins waste reduction award

    Orange County, Calif. -- The District at Tustin Legacy, a 1 million-sq.-ft. lifestyle and entertainment center located in Orange County, Calif., has been awarded the 2010 CalRecycle Waste Reduction Award for being a regional leader in recycling and waste reduction. 

  • Big Lots cuts outlook as profit falls

    Columbus, Ohio -- Big Lots on Friday posted a lower-than expected quarterly profit, and the company cut its outlook for the crucial holiday quarter, in the face of strong competition and aggressive promotions from rivals.

    The chain said profit for the quarter ended Oct. 30 fell 42% to $17.7 million, from $30.3 million a year earlier, when the company's earnings included a 10-cents-a-share benefit from real estate transactions. Net sales in the latest quarter rose 2% to $1.06 billion as same-store sales rose 0.7%.

  • Walgreen up, Rite Aid down in November

    New York City -- Walgreens on Friday reported that its same-store sales rose 3.2% in November. The drugstore operator’s total sales rose 8.6% to $5.83 billion. (Duane Reade stores, acquired in April 2010, contributed 2.8% points to the total sales increase for the month. But those stores are not included in the same-store sales report.)

    Meanwhile, Rite Aid Corp. reported that its November same-store sales fell 1.3% due to the introduction of new generic drugs and a decline in prescriptions resulting partly from a milder flu season.

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