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Data & Analytics

  • Target March madness: Comps increase 7.3%

    For the second month in a row Target’s same-store sales were nearly double the expected amount and the company increased its first quarter guidance as a result.

    Same-store sales increased 7.3%, with half of the increase driven by growth in average transaction size combined with an increase in comparable-store transactions. Overall comparable-store sales in March 2011 decreased 5.5%.

  • Pier 1 seeks multi-channel dominance

    FORT WORTH, Texas — Bed Bath and Beyond may dominate the housewares retail space, but that isn't stopping companies like Pier 1 Imports from trying to take a bigger share.  In that vein, Pier 1 announced a new three-year growth plan commencing in fiscal 2013, as well as updated financial goals. According to the company, the new board-approved plan is designed to drive profitable top and bottom-line growth, expand market share and increase shareholder value as the company evolves into a multi-channel retailer.

  • Warm weather gives apparel retailers and department stores a boost in March

    New York -- Many apparel retailers and department stores registered solid gains in March, as an early spring brought out shoppers looking for seasonal merchandise earlier than they typically would. Last month was the warmest March in North America in more than 50 years, according to weather data provider Planalytics.

    Macy’s, Kohl’s Corp., Limited Brands and Gap Inc. were among the retailers who topped analyst estimates.

  • More March madness: Comps increase 7.3%

    For the second month in a row Target’s same-store sales were nearly double the expected amount and the company increased its first quarter guidance as a result.

    Same-store sales increased 7.3%, with half of the increase driven by growth in average transaction size combined with an increase in comparable-store transactions. Overall comparable-store sales in March 2011 decreased 5.5%.

  • Gymboree selects Hybris to enhance omnichannel shopping experience across brands

    New York -- Hybris announced that The Gymboree Corp. has selected the hybris platform to enhance its e-commerce efforts and provide a cohesive omnichannel shopping experience across its three brands, Gymboree, Crazy 8, and Janie and Jack.

  • Walmart launches Women in Factories empowerment program

    Bentonville, Ark. -- Walmart announced it has launched its Women in Factories program, a five-year initiative that will empower 60,000 women working in factories that supply products to Walmart and other retailers in India, Bangladesh, China and Central America.

  • Monthly Chain Performance

    Monthly Chain Performance
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  • Retailers raise outlook on better-than-expected March sales

    NEW YORK — Target Corp., The TJX Cos., and Ross Stores reported stronger-than-expected March sales as warm weather put consumers in a spending mood. Both retailers also revised their first-quarter outlooks upward on the results.

    Target said its same-stores sales rose 7.3% in March, helped by warm weather. Analysts had predicted a 5.4% increase.

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