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Data & Analytics

  • Humana, Walmart offer Medicare Part D prescription drug plan

    LOUISVILLE, Ky. — Humana will offer Medicare Part D beneficiaries a prescription drug plan co-branded with Wal-Mart Stores, the two companies said earlier this week.

    The plan, originally launched in 2010, will be launched again for 2012 and will include savings on monthly plan premiums, prescription drug copayments and cost-shares for beneficiaries.

  • Discounters post strong results in September

    New York City -- Costco Wholesale Corp. turned in a strong September performance, recording a 12% rise in same-store sales for the month.

    Target Corp., helped by strong sales of groceries, beauty products and clothing, saw September same-store sales rise 5.3%. Sales for the period rose 6.5% to $5.9 billion.

  • Target shoppers spent money in September

    MINNEAPOLIS — Target report a moderately better than expected 5.3% same-store sales increase for September that was driven by broad-based gains in all categories and geographic regions, the company reported Thursday. The increase was almost entirely due to larger average transaction sizes and came on top of a prior year increase of 1.3%. The company also noted that customer traffic as measured by comparable-store transaction increase a little more than 1%.

  • Bebe sales up in Q1, will open 30 stores this year

    Brisbane, Calif. -- Bebe Stores reported Thursday that revenue for the quarter ended Oct. 1 rose 7.1% to $116 million, missing Wall Street’s expected $124.1 million in sales.

    Same-store sales for the quarter rose 7%.

    The apparel retailer said it is focused on international growth and expects its international licensees will grow by up to 30 freestanding stores and 30 shops inside department stores in the fiscal year.

  • Report: Consumer confidence weak

    Washington, D.C. -- A Thursday report by Bloomberg said that consumer confidence last week capped the worst quarterly performance in more than two years, when the U.S. economy was still in a recession.

    The Bloomberg Consumer Comfort Index rose to minus 50.2 in the week ended Oct. 2, from the prior period’s minus 53 that was the second-lowest level on record. The gauge averaged minus 48.4 from July through September, the third-worst quarterly reading of all time and the weakest since minus 49.9 in the first three months of 2009.

  • Village Super Market Q4 adjusted profit rises

    Springfield, N.J. -- Village Super Market, which operates 28 supermarkets under the Shop Rite name in the Northeast, reported Thursday that net income for the fourth quarter was $8.8 million, an increase of 14% after backing out the extra week in last year’s fourth quarter.

    Without the adjustment, net income fell from $8.9 million a year earlier.

    Revenue rose nearly 1% to $345 million from $342.7 million. After excluding the extra week, revenue increased nearly 8%. Same-store sales rose nearly 8% excluding the extra week.

  • Costco raises, will Sam’s Club call?

    Costco is increasing the price of its membership fees, giving Sam’s Club the green light to follow suit, although such a move seems unlikely at this time. Why? Because Sam’s Club is enjoying favorable sales momentum and upgrade activity that might be jeopardized if members were asked to pay more.

  • NRF foresees a happy holiday for retail sales

    WASHINGTON — A report released Thursday by the National Retail Federation predicted an average holiday shopping season. According to the NRF forecast, holiday retail sales for 2011 are expected to increase 2.8% to $465.6 billion. While that growth is far lower than the 5.2% increase retailers experienced last year, it is slightly higher than the 10-year average holiday sales increase of 2.6%, according to NRF.

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