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Data & Analytics

  • Mixed bag for apparel retailers and department stores in September; Gap shines

    NEW YORK — Apparel retailers and department stores reported monthly revenue results for September that were mixed, as Gap Inc. and Limited Brands posted gains that beat Wall Street estimates, while Macy's and Kohl’s missed expectations.

    However, many analysts said spending was fairly strong for the month.

  • Mixed bag for apparel retailers and department stores in September

    New York -- Apparel retailers and department stores reported monthly revenue results for September that were mixed, as Gap Inc. and Limited Brands posted gains that beat Wall Street estimates, while Macy's and Kohl’s missed expectations.

    However, many analysts said spending was fairly strong for the month.

  • McCormick World of Flavors uses HP technology to engage shoppers

    Palo Alto, Calif. -- HP announced that its technology is powering an interactive, hands-on experience for shoppers and visitors at the new McCormick World of Flavors store in Baltimore.

  • Costco and TJX beat estimates in September

    NEW YORK — Costco Wholesale Corp. reported a better-than-expected 6% rise in September same-store sales, helped by higher gasoline prices and a stronger dollar. Excluding the impact of gasoline prices and foreign exchange, comparable September same-store sales rose 5%.

    Net sales rose 8% to $9.31 billion in the five weeks ended Sept. 30. Costco, which currently operates 608 warehouses, said it plans to open up to 14 new warehouses prior to the end of calendar year 2012.

  • Target to stop reporting monthly sales

    New York -- Target Corp. will soon join the ranks of retailers who are no longer reporting monthly same-store sales. The discounter on Thursday said it will no longer report comparable sales, beginning in fiscal 2013.

  • Wakefern DC to get new solar system

    WALL, N.J. — Wakefern Food Corp. has partnered with NJR Clean Energy Ventures, a subsidiary of New Jersey Resources, to install a rooftop solar system at a Wakefern Food Corp. distribution center in Keasbey, N.J. The 2.4 megawatt solar system will supply power to a refrigerated warehouse, helping lower Wakefern’s long-term electricity costs and its greenhouse gas emissions.

  • The hard part begins for Target in Canada

    Deciding back in January 2011 to spend roughly $1.8 billion to acquire 220 Zellers’ leases was easy compared to the challenge Target has undertaken more recently in Canada.

  • Survey: A third of consumers will consider layaway for holiday shopping

    Whiting, Ind. -- A survey of 2,339 shoppers by CouponCabin.com found that 34% are at least somewhat likely to purchase items on layaway this holiday season.
     
    The survey, conducted by Harris Interactive, also found that 9% are very likely to use layaway; 29% said maybe.

    When asked what they believe are the benefits to using a layaway program for holiday shopping, U.S. adults said the following:

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