Data & Analytics

BOSTON — Wayfair.com, an online retailer of home goods and furnishings, has raised $36.3 million in new equity financing to fuel the growth of its private sale site for the home, Joss & Main.

Joss & Main has fared extremely well for Wayfair.com, having acquired nearly three million members and operating at a $100 million annual revenue run-rate. Investors include Battery Ventures, Great Hill Partners, HarbourVest Partners and Spark Capital.

New York -- Consumer confidence declined more than expected in December, reaching a four-month low as Americans grew concerned about the possibility of higher taxes next year. The Thomson Reuters/University of Michigan preliminary consumer sentiment index decreased to 74.5 this month from 82.7 in November. Economists had projected a preliminary reading of 82 for December.

Online holiday sales continue to set new sales records, according to digital measurement firm comScore, and Walmart is presumably sharing in that growth given its site typically ranks second only to Amazon in terms of traffic.

Nashville – Retail's top industry analysts will join forces with C-level retail executives and technology vendors at the Retail Orphan Initiative's SuperSaturday event in New York on Jan. 12, one day before the opening of the National Retail Federation’s annual convention. Admission to retailers is free, and all proceeds from the vendor sponsorships go to help the Retail Orphan Initiative, Retailroi.org.

Total U.S. Shopper Traffic in Retail Stores and Malls for November 2012

Shopper traffic in November increased as Black Friday weekend sales promotions — and the Veterans Day holiday earlier in the month — drew shoppers into retail stores.

As a result, the month saw an 18 percent increase in retail foot traffic compared to October. November 2012 continued a trend of year-over-year improvements with a 6 percent increase in retail foot traffic when compared to the same month last year.

New York -- CVS Caremark is reportedly looking to expand outside of the United States by acquiring Onofre, the eighth-largest pharmacy chain in Brazil, according to published reports.

The Valor Economico newspaper reported that CVS Caremark plans to pay $313 million to acquire an 80% stake in Onofre and will also assume the company's debt.

“We don’t comment on market rumors,” CVS Caremark spokesman Mike DeAngelis told Drug Store News.

More than 500 suppliers and service companies were on hand recently to hear what Walmart chief marketing officer Stephen Quinn had to say at an event organized by the Bentonville Bella Vista Chamber of Commerce.

New York -- Walmart Canada has retrofitted all of the overhead sales floor lighting at its supercenter in Brampton, Ontario, from conventional fluorescent lighting to high efficiency LED 4-ft. retrofit lamps. The retailer estimates the change could save approximately 283,000 kilo-watt hours (kWh) per year, which will results in a savings of up to $26,000 per year.