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Data & Analytics

  • CVS Caremark profits driven by pharmacy benefit management performance

    WOONSOCKET, R.I. — CVS Caremark on Thursday reported solid third-quarter results — 2 cents above the high end of its guidance range — driven in large part by been tter-than-expected performance in its pharmacy benefit management, which is in the midst of a profit-improvement plan.

  • HP debuts mobile point-of-sale tablet for retailers

    Palo Alto, Calif. -- HP on Thursday announced the company’s first mobile point-of-sale solution for retailers, intended to help them to deliver a more personalized shopping experience to their customers. The HP Retail Mobile Point-of-Sale Case attaches to the newly announced HP Slate 2 Tablet PC adding an integrated magnetic stripe reader (MSR) and a barcode scanner.

  • Big Lots 3Q comps up 1.7%

    COLUMBUS, Ohio — Big Lots reported that sales for the third quarter ended Oct. 29 were $1.1 billion, an increase of 6% compared with $1 billion for the third quarter of fiscal 2010. Comparable-store sales increased 1.7% for the third quarter of fiscal 2011.  

  • Hhgregg profit, sales rise in Q2, on track to open 35 stores in fiscal year

    Indianapolis -- Electronics and appliance retailer Hhgregg reported Wednesday that net income for the quarter ended Sept. 30 rose to $6 million from $3.9 million in the year-ago period.

    Sales for the period rose 29% to $618.6 million. Same-store sales rose 1.5%, returning to positive growth after a 5% decline last quarter.

  • American Eagle Q3 sales rise 11%

    Pittsburgh -- American Eagle Outfitters reported Wednesday that sales for the quarter ended Oct. 29 rose 11% to $832 million, compared with $752 million in the year-ago period.

    Same-store sales increased 5% for the quarter, following a 1% rise for the same period last year.

    By banner, American Eagle posted a 5% comp increase and Aerie comps surged 8%.

  • Casual Male launches DestinationXL.com

    Canton, Mass. -- Casual Male Retail Group said Wednesday that it has launched e-commerce site DestinationXL.com, created in tandem with e-commerce and digital marketing firm Acquity Group.

    The new site includes a built-in size profiler – a customization tool that allows customers to enter and save their size specifications for either current or future shopping experiences.

  • Walmart head merchant shares view

    BENTONVILLE, Ark. — Walmart chief merchandising officer Duncan Mac Naughton expressed optimism about the retailer’s prospects for the holiday season and beyond late Tuesday during comments at a Bentonville Bella Vista Chamber of Commerce function, which attracted more than 500 people.

  • Citi Trends secures new credit facility

    Savannah, Ga. -- Citi Trends said Wednesday it has secured a new, five-year, $50 million credit facility through Bank of America to replace its prior $20 million credit facility.

    The new facility includes a $25 million uncommitted “accordion” feature that under certain circumstances could allow the company to increase the size of the facility to $75 million.
     

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