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Data & Analytics

  • Software company hires home-builder purchasing exec

    Hyphen Solutions has appointed Ken Pinto, a former supply chain executive for Toll Bros. and other national home builders, as its VP supply chain.

    Pinto brings 21 years of supply chain management expertise to Hyphen's real estate and software management team. He most recently served as the director of supply chain at Toll Bros. and has held similar positions at Standard Pacific and Pulte Homes. Pinto also heads the Supply Chain Benchmark Group, which is a coalition of the purchasing leaders of some of the largest home builders in the United States.

  • Will Safeway come calling on Walmart

    Top food executives at Walmart are presumably in the crosshairs of Safeway recruiters now that longtime chairman and CEO Steve Burd has announced his retirement.

  • Global freight manager gets new COO

    Global freight management firm Geodis Wilson named Eric Martin-Neuville as chief operating officer and a board member.

  • Macy’s and Nordstrom top estimates in December; Kohl’s misses

    New York -- As cash-strapped consumers curtailed holiday spending, department store retailers felt the pinch and some performed better than others in an uncertain environment. The strongest performances were turned in by Macy’s and Nordstrom, both topping estimates.

    Overall, analysts looked for 3.3% same-store sales growth for December across 17 chains, down from 4.2% growth in December 2011, according to Thomson Reuters.
         

  • Bebe sees sales drop in Q2; names new CEO

    Brisbane, Calif. -- Bebe Stores Inc. reported Thursday that sales for the second quarter plunged 11.7% to $124.6 million, from $141.1 million last year.

    Same-store sales plummeted 10.5%, and the women’s apparel retailer now says it expects its second quarter net loss will be larger than previously estimated.
     
    Foot traffic fell 15% in the second quarter, which caused inventory per sq. ft. to jump 27.5%.

  • Online sales set new record

    Online holiday season sales grew 14% to $42.3 billion, a little short of comScore’s pre-season forecast.

    The online measurement firm originally projected that online sales during the November and December period would increase 16% to $43.4 billion. However, after a strong start online sales fizzled a bit in early December and never quite regained enough momentum to achieve the firm’s earlier target.

  • Rite Aid reports 2.2% decrease in comps for December

    New York -- A shift in the New Year's holiday calendar and the introduction of new generic drugs contributed to a decrease in same-store sales for the month of December at Rite Aid, the retail pharmacy chain said Thursday.

    Rite Aid reported a 2.2% decrease in comps for the four-week period that ended Saturday, including a 1% decrease in front-end comps and a 2.9% decrease in pharmacy comps.

    Total sales for the four-week period decreased by 2.7%, to $2.054 billion, compared with $2.112 billion in December 2011.

     

  • Tax refund season comes to Walmart

    More than 2,800 Walmart locations now feature Jackson Hewitt brand tax preparation services and the opportunity to drive big ticket sales once shoppers get their hands on refund checks.

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