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Data & Analytics

  • Pier I sales up 10.2% in November

    Fort Worth, Texas -- Pier 1 Imports said on Thursday that its same-store sales rose 10.2% for the quarter ended Nov. 27, a little better than it had expected when it made a prediction last month.

    Third-quarter total revenue rose 8.3% to $354 million.

    President and CEO Alex W. Smith said strong results in September and October carried into November and the Thanksgiving weekend. Pier 1 stores got more visitors who spent more money, compared with the same period last year, Smith said.

  • Kroger swings to profit in Q3

    Cincinnati -- Kroger Co. rang up better sales and returned to third-quarter profitability but the company warned that shoppers remain cautious.

    The Cincinnati-based grocer reported Thursday that net income was $202.2 million, compared with a loss of $875 million a year earlier.

    Revenue was up 5.9% to $18.7 billion.

  • Jo-Ann profit up in Q3, to accelerate openings and remodels in fiscal 2012

    Hudson, Ohio -- Jo-Ann Stores reported net income for its fiscal 2011 third quarter ended Oct. 30, of $29.1 million, up from $24.1 million in the year ago period. The retailer also raised its full-year outlook.

    Net sales for the third quarter increased 5.1% to $535.3 million, from $509.1 million last year. Same-store sales increased 4.1%.

    Chairman and CEO Darrell Webb said the chain was encouraged by the results in its new and remodeled stores, and was increasing its plan for both new store openings and remodel projects in fiscal 2012.

  • Stater Bros. honored for recycling efforts

    San Bernardino, Calif.  -- Stater Bros. has been recognized as a 2010 WRAP (Waste Reduction Awards Program) Winner by the California Department of Resources Recycling and Recovery (CalRecycle). Among the supermarket operator’s accomplishments: a “green waste” composting program that turns organic waste from its 167 locations into compost that is sold to area farmers

  • IBM software helps Bon-Ton Stores’ website boost holiday sales

    Armonk, N.Y. -- IBM on Wednesday announced that the Bon-Ton Stores website and its seven leading brands have experienced a double-digit increase in their online sales using IBM software to advance their online and mobile commerce features.

  • Petco taps Digby for new mobile site

    Austin, Texas -- Petco has launched a new customized mobile web shopping experience at the chain’s online shopping and pet care information destination.

    Powered by mobile commerce provider Digby, the new site is specifically designed to make it easier for pet owners to stay connected and shop for their animal companions online and on-the-go.

  • Keeping up with smarter consumers

    By Andy Monshaw, [email protected]

    Today's consumers are more informed, influential and decisive than ever before. They demand more from their retailers, both face-to-face and virtually. Those retailers that don’t get it right, risk losing not only their business, but also their endorsement -- with friends, family, and a whole host of online followers. Small to midsize retailers, especially, feel the pressure to find new ways to forge lasting relationships with customers.

  • Mosaic receives LEED-ND silver certification

    Washington, D.C. -- Columbia, S.C.-based Edens & Avant said Tuesday that its mixed-use development Mosaic, located in Washington, D.C., has achieved Silver Certification as a LEED (Leadership in Energy and Environmental Design) for Neighborhood Development Plan.

  • Charming Shoppes narrows Q3 loss

    Bensalem, Pa. -- Charming Shoppes reported a smaller loss for its third fiscal quarter on Wednesday, helped by lower operating expenses and competitive promotions that attracted customers. The chain posted a net loss of $18.8 million for the period ended Oct. 30, compared with a loss of $48.4 million, in the prior-year period.

    Revenue increased 1% to $463.6 million from $460.2 million, with online sales up 40%. Same-store sales rose 3%.
     

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