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Data & Analytics

  • Retail sales lackluster in June, specialty stores hit and miss

    New York -- Disappointing same-store sales results in June weren’t necessarily unexpected, as the month typically trends weaker as shoppers have fewer reasons to shop.

    Thomson Reuters, which polls 18 U.S. retail chains, projected its Same-Store Sales Index to inch up 0.5% in June, far below last year’s 6.7% rise for the month. Analysts have said that warm weather may have prompted consumers to make summer apparel purchases earlier than usual, shifting sales from later months like June.

  • TJX, Ross continue discounter dominance

    FRAMINGHAM, Mass. and PLEASANTON, Calif. — Fashion discounters continue to thrive in this economy, with TJX and Ross Stores continuing to report impressive monthly sales results.

    TJX reported June sales of $2.3 billion, an increase of 9% over the $2.1 billion achieved during the same period last year. Consolidated comparable-store sales for the five-week period increased 7% over last year.

  • Inland launches new mobile app for University Town Center Norman, Okla.

    Inland Diversified Real Estate Services said it has launched a new mobile application designed to enhance customer engagement and retention and interaction with retailers at University Town Center, a neighborhood shopping center in Norman, Okla., that is owned by Inland Diversified Real Estate Trust.

  • Kronos Retail Labor Index: Fewer people seeking retail jobs in June

    Chelmsford, Mass. -- The Kronos Retail Labor Index edged up to 4.2% in June from a reading of 4.1% in May. The June reading reflected sharp declines in both applications and hiring. (The index is defined as the ratio of hires to applications within a given month, expressed as a percentage. A level of 3.0% means that for every 100 applications received, three hires occurred.)

  • Publix begins test of deli online ordering service

    LAKELAND, Fla. — Publix is testing online ordering of its deli products in one Lakeland, Fla. store beginning Aug. 3. Through the service, customers an order custom subs, wraps, sliced meats and cheeses. Publix expects to roll out the program to 50 additional stores later this year.

  • Specialty stores hit and miss in June

    NEW YORK — Disappointing same-store sales results in June weren’t necessarily unexpected, as the month typically trends weaker as shoppers have fewer reasons to shop.

    Thomson Reuters, which polls 18 U.S. retail chains, projected its Same-Store Sales Index to inch up 0.5% in June, far below last year’s 6.7% rise for the month. Analysts have said that warm weather may have prompted consumers to make summer apparel purchases earlier than usual, shifting sales from later months like June.

  • Tech Notes

    The customer experience is fueling IT spending like never before. That was my main takeaway from Oracle Retail CrossTalk 2012, which was held June 26 -28, in Chicago. The following are some insights and observations from a few of the speakers at the event.

    Gary Penn, VP e-commerce, Quiksilver:
    “Handheld traffic is growing exponentially, and so is the revenue. You have to address it. If you don’t, you are leaving a good part of your audience out in the cold.”

  • Johnson Controls survey: Energy savings and incentives driving investment decisions

    New York -- Energy cost savings, government/utility incentives and rebates, and enhanced brand or public image ranked as the top drivers of energy-efficiency decision-making in the United States and Canada, according to a global survey of building owners and operators and facility managers by Johnson Controls.

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