Data & Analytics

Bellevue, Wash. -- Touchscreen solution-provider Intava said Thursday that Ethan Allen has selected Intava Vector to power the retailer’s new touchscreens in participating Ethan Allen Design Centers nationwide.

The touch screens showcase Ethan Allen’s designs using interactive technology that combines photos, videos and details on all available furnishings and accessories. The technology gives consumers the ability to discover, select and visualize home interiors through intuitive interactions with the screen.

Chicago -- The U.S. Green Building Council (USGBC) on Thursday launched two, long-awaited green building programs: LEED for Retail, and the LEED Volume Program (usgbc.org/leed/retail).

By Charles Nicholls, [email protected]

So what can you do during the crazy holiday season to reduce shopping cart abandonment? We thought we’d put together a holiday season checklist to help you keep your customers in the shopping cart this Christmas.

Before thinking about solutions to your shopping cart abandonment problem, it’s useful to look at the reasons why customers abandon. Based on this Forrester study, you can group the top five reasons into:

Pleasanton, Calif. -- Ross Stores reported Thursday earnings for the quarter ended Oct. 30 rose 16% to a record $121.4 million, compared with $105.1 million in the year-ago period.

Sales increased 7% to $1.874 billion, with same-store sales up 3% on top of a strong 8% gain in the prior year.

Secaucus, N.J. -- The Children's Place Retail Stores reported Thursday that net income for the third quarter dropped to $31.2 million, compared with net income of $38.2 million in the prior year.

Net sales declined 2.1% to $453.4 million, compared with $463.2 million in the third quarter of fiscal 2009.

Same-store sales decreased 5.7%.

New York City -- New York & Co. said Thursday that net income for the quarter ended Oct. 30 was $1.9 million, compared with a per-share loss 11 cents in the year-ago period.

Net sales were $238.2 million in the quarter, up from $227.9 million a year earlier. Same-store sales rose 3.6%.

New York & Co. currently operates 579 stores in 43 states.

Jacksonville, Fla. -- Stein Mart reported Thursday that net income for the quarter ended Oct. 30 was $4.3 million, compared with net income of $3.2 million a year earlier.

Net sales were $267.9 million, a decrease of 0.9% from $270.2 million in 2009. Same-store sales increased 0.3% for the quarter.

Houston -- Stage Stores said Thursday it narrowed its fiscal third-quarter net loss to $6.9 million, from $7.3 million in the year-earlier quarter.

Sales rose 2.1% to $331.9 million, from $324.9 million. The retailer is projecting that fourth-quarter same-store sales will rise 1% to 3%.

Hoffman Estates, Ill. -- Sears Holdings Corp. reported Thursday that its loss for the quarter ended Oct. 31 widened to $218 million, compared with a loss of $127 million in the year-ago period. The loss was more than analysts expected as margins fell and sales dropped, especially at the company's namesake stores.

"While Kmart improved profitability, our third-quarter results were disappointing, in large part due to lower sales of apparel and appliances at Sears," said interim CEO W. Bruce Johnson.

Columbus, Ohio -- Limited Brands reported Wednesday that net income for the quarter ended Oct. 30 soared to $61.3 million, compared with $6.1 million a year earlier. The company also said it would repurchase $200 million in shares.

Same-store sales increase 10%, and net sales were $1.99 billion compared with $1.78 billion last year.