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Data & Analytics

  • 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.

  • Wal-Mart targeting $9 billion in e-commerce sales

    Rogers, Ark. -- As part of its annual address to investors on Wednesday, Wal-Mart Stores said it expects global e-commerce sales to reach $9 billion next fiscal year.

    The retailer said it has made walmart.com easier to shop with a new search engine, enabled cash payment functions, and is now testing same-day delivery in four markets and a scan-and-go service for smartphones.

     

  • 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.

  • Pinkberry launches mobile app

    Los Angeles -- Frozen yogurt chain Pinkberry said Wednesday it has launched a loyalty card – Pinkcard – that will be centered around the debut of the chain’s new mobile app.

    The app, free to download on both iOS and Android platforms, is being simultaneously launched with the new loyalty program.

  • 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.

  • Wal-Mart to grow Neighborhood Markets to 500 strong by 2016

    Rogers, Ark. -- In its annual meeting with analysts on Wednesday, Wal-Mart Stores U.S. president Bill Simon said the retailer would accelerate small-store growth to compete with dollar stores and drug stores, and announced plans to have 500 Neighborhood Market stores and 12 Express stores by fiscal 2016.

    “This gives us the opportunity to build more stores for less money," Simon said. Wal-Mart currently operates 217 Neighborhood Markets and 10 Express stores.

  • Survey: Mobile devices to get big play over the holidays

    Petaluma, Calif. -- Research results released Wednesday by multichannel commerce solution-provider MarketLive found that mobile will be used heavily for researching deals, making purchases and connecting with merchants across channels this holiday season.

    According to the annual "Mindset of a Multi-Channel Shopper" survey, in 2012, customers will spend about the same amount on holiday gifts as last year—but a greater share of that spending will be online.

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