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Data & Analytics

  • Casio enhances POS offering

    DOVER, N.J. — Casio America has joined with Registroid LLC -- an independent software vendor located in Mobile, Alabama -- to offer a comprehensive retail point of sale system called the Registroid Cloud to its Android VX-100 all in one POS unit.

  • Best Buy exec changeups continue with search for new CFO

    MINNEAPOLIS — More unsettling news from Best Buy this week, as the company announced the departure of EVP and CFO Jim Muehlbauer.

    Muehlbauer, who joined the company in 2002, will support the company through 2013 as it searches for a new finance chief.

  • Costco Q4 profit jumps 27%

    Issaquah, Wash. -- Costco Wholesale Corp. reported Wednesday that net income for the quarter ended Sept. 2 jumped 27% to $609 million, from $478 million in the year-ago period. The warehouse club operator credited strong sales and higher member fees for the improved profit performance.

    Sales climbed 14% to $31.52 billion, and same-store sales rose 5%. Membership fee revenue rose 18% to $694 million. The company said it plans to open up to 14 new warehouses before the end of calendar year 2012.

  • Intermix and Shopatron team on order management solution

    San Luis Obispo, Calif. -- Shopatron said Wednesday that women’s specialty retailer Intermix is using Shopatron's order management solution to integrate its retail locations into the company's e-commerce sales strategy.

    Using Shopatron's distributed order management system, Intermix can now fulfill online orders with available inventory from either a distribution center or a retail store.

  • Sears expects $446.5 million from offering tied to Hometown, Outlet spinoff

    Hoffman Estates, Ill. -- Sears Holdings Corp., which in February announced it would spin off its Hometown and Outlet businesses as a separate publicly traded entity, said Tuesday it expects to receive about $446.5 million in gross proceeds from an offering tied to the spinoffs.

    The offering of rights to purchase shares of the spinoff debuted on the Nasdaq under the "SHOSR" ticker symbol in September. According to Sears, the rights offering expired on Monday; preliminary results show that more than 95% of the options were exercised.

  • Employment Trends Index down in September

    New York -- The Conference Board Employment Trends Index decreased again in September, following a downward revision in August. The index now stands at 107.86, down from the revised figure of 108.23 in August. The September figure is 5.4% higher than a year ago.

  • P&G highlights growth, innovation at annual meeting

    CINCINNATI — Speaking at Procter & Gamble's annual meeting, chairman, president and CEO, Bob McDonald ensured investors that the company is executing on its growth and productivity plan to enhance performance and drive shareholder value.

  • Destination Maternity Q4 sales slip, but beat Street

    Philadelphia -- Destination Maternity reported Tuesday that revenue for the fourth quarter dipped less than 1% to $128.5 million, but edged Wall Street’s expected $128.4 million in revenue for the period. Same-store sales climbed 2.7%.

    The retailer, whose brands include A Pea in the Pod, Motherhood Maternity and namesake stores, said the revenue dip in the fourth quarter was due largely to the closure of underperforming stores and that it expects quarterly earnings to exceed guidance.

     

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