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Data & Analytics

  • Macy’s same-store sales rise 4.2% in May on strength of online

    Cincinnati -- Macy’s reported Wednesday that same-store sales for the month of May increased 4.2% compared with the previous year. Revenue rose 4.1% to $2.02 billion.

  • May sales growth gives Fred's solid start in Q2

    MEMPHIS, Tenn. — May sales at Fred's Inc. increased 6% to $152.1 million from $143.6 million in May 2011. Comparable-store sales for the month rose 1.3% compared with an increase of 0.2% in the same period last year.

    Fred's total sales for the first four months of fiscal 2012 increased 4% to $652.6 million compared with $628 million for the same period last year. On a comparable-store basis, year-to-date sales increased 0.1% on top of an increase of 0.8% in the same period last year.

  • Caribou Coffee opens 100th international location, plans to ramp up store count

    Minneapolis -- Caribou Coffee Co. said Wednesday it has opened its 100th international operating location, located in Istanbul, Turkey. The new store, which opened May 10, is in partnership with master franchisee Al Sayer Group and Turkey's Yildiz Holding, and is Caribou's sixth store in Turkey.

    Al Sayer Group currently operates 89 of Caribou's 100 international locations in Turkey, Kuwait, United Arab Emirates, Lebanon, Bahrain, Jordan, Oman and Kingdom of Saudi Arabia.

  • Jos. A. Bank Q1 profit declines

    Hampstead, Md. -- Jos. A. Bank Clothiers reported Wednesday that net income for the quarter ended April 28 shrank to $14.8 million, from $17.8 million in the year-ago period.

    Revenue rose 4.2% to $201.4 million, from $193.3 million. Same-store sales dipped 1%.
     

  • Toys'R'Us joins Alex's Lemonade Stand in fight against childhood cancer

    WAYNE, N.J. — Toys"R"Us is continuing its support of Alex's Lemonade Stand Foundation (ALSF), a nonprofit organization dedicated to finding a cure for all children with cancer, through in-store and online fundraising as well as a social media campaign. Beginning this Friday, June 1 through Tuesday, July 31, the company will "Help Fight Childhood Cancer, One Cup at a Time" with an in-store and online fundraising campaign benefiting ALSF.

  • Revenues, earnings soar at Neiman Marcus

    DALLAS — Neiman Marcus reported total revenues of $1.06 billion for the third quarter compared with $983.8 million in the prior year. Comparable revenues increased 6.7%. Operating earnings for the third quarter of fiscal year 2012 were $146.6 million compared with $123.2 million for the third quarter of fiscal year 2011, an increase of 19%.

    The company reported net earnings of $62.6 million for the third quarter compared with $46.2 million in the prior year, an increase of 35%.

  • Consumer sentiment at highest level since fall 2007

    New York -- Consumer confidence in May rose to the highest level since October 2007, according to the Thomson Reuters/University of Michigan final index of consumer sentiment. The index rose increased to 79.3 from 76.4 the prior month. 

    Industry analysts said a decline in gas prices and an improving housing market is helping offset slower job growth and volatile stock prices.

    Estimates for the confidence measure ranged from 76 to 79, according to a Bloomberg survey of 60 economists.
     

  • Dollar Tree announces two-for-one stock split

    Chesapeake, Va. -- Dollar Tree has approved a 2-for-1 stock split in the form of a 100% common stock dividend. The new shares will be distributed June 26 for shareholders of record as of the close of business on June 12.

    With the stock split, the number of outstanding shares of the company's common stock will increase from approximately 116 million shares, pre-split, to approximately 232 million shares, post-split.

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