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Data & Analytics

  • Rite Aid same-store sales up 0.4% in August

    Camp Hill, Pa. — Rite Aid posted a 0.4% increase in same-store sales for the month of August.

    The increase included a 2.4% increase in front-end comps and a 0.6% decrease in pharmacy comps.

    Total store sales for the five-week period that ended Saturday were $2.406 billion, a 0.4% decrease from last year's $2.414 billion. Same-store prescription count increased by 4.5%.
     

  • Safeway planning IPO for its Blackhawk Network gift card distribution division

    PLEASANTON, Calif. — Safeway on Wednesday announced that it plans to file a registration statement in the United States for a potential initial public offering of a minority ownership stake in Blackhawk Network Holdings, a leading prepaid payments network.

  • New CFO named at Pep Boys as company looks to boost performance

    PHILADELPHIA — Former A.C. Moore CFO, David Stern, will join Pep Boys as EVP, CFO, effective Sept. 10, where he will oversee the finance function, as well as technology and corporate development.

  • Dollar General Q2 profit jumps 47%; raises fiscal year forecast

    Goodlettsville, Tenn. -- Dollar General Corp. on Wednesday said it had earned a better-than-expected $214.1 million in the second quarter, ended on Aug. 3, up from $146 million a year earlier. The discounter also raised its earnings forecast for the year.

  • SRS names VP

    Dallas -- SRS Real Estate Partners said that Scott Tiernan has joined the company as VP in the Atlanta office.

    Tiernan is charged with helping single-tenant building retailers and restaurateurs expand through leveraging the capabilities of SRS and Cypress Equities. Tiernan previously worked for O'Leary Partners in Atlanta.


     

  • Survey: BTS shopping shows surge in coupon use

    Austin, Texas -- A survey released Friday by coupon site RetailMeNot found that coupon use for back-to-school shopping surged this year, particularly for retailers selling books, school supplies and apparel.

    According to RetailMeNot, which measured coupon usage during the July 1 to Aug. 20 selling period, as compared with the prior three months, the average daily coupon clicks increased more than 130% for book retailers, more than 40% for merchants selling back-to-school supplies and more than 30% for stores selling apparel and shoes.

  • Kroger highlights achievements in sustainability report

    CINCINNATI — Kroger has released its sixth annual sustainability report.

  • Regency uses crowdsourcing to lease Baltimore shopping center

    Jacksonville, Fla. -- Regency Centers said Friday it is asking Baltimore residents to suggest stores and restaurants they want to open at their local Parkville Shopping Center through an online crowdsourcing platform called Popularise. 

    The leasing recommendations will be considered as part of the grocery-anchored center’s renovation, which has begun construction. 

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