Data & Analytics

Sacramento, Calif. -- Walmart is taking its commitment to renewable energy to new levels in California. The chain announced plans to install solar panels on up to 60 additional stores in the Golden State. The initiative, done in partnership with SolarCity, expands the company’s solar portfolio to more than 75% of its locations in California.

Memphis -- AutoZone reported Tuesday that profit for the quarter ended Aug. 27 rose 12% to $301.5 million, compared with $268.9 million in the year-ago period.

Sales rose 8.1% to $2.64 billion from $2.45 billion, topping Wall Street expectations of $2.61 billion in sales. Same-store sales in the U.S. rose 4.5%.

During the quarter, AutoZone opened 68 new stores, replaced five stores, and closed one store in the United States and opened 18 new stores in Mexico.

Chicago -- A survey released Monday by Mintel Inspire found that bargain-hunting has become a desirable pastime among shoppers.

According to the latest data, Mintel found that nearly two-thirds (64%) of U.S. moms said they're spending more time looking for sales, discounts and coupons, compared with last year, while 28% of U.K. consumers were classified by Mintel as "bargain hunters" due to their dedication to comparing prices and reading online reviews.

Indianapolis -- Shopping center owner Simon Property Group said Tuesday that it has again been recognized by the Carbon Disclosure Project with inclusion in its Carbon Disclosure Leadership Index.

Los Altos, Calif. -- A survey released Tuesday by ThreatMetrix and The Ponemon Institute found that the majority of consumers have real concerns about online fraud.

According to the study “Mobile Payments & Online Shopping Survey of U.S. Consumers,”  one-third of consumers intend to purchase more online than in-store this holiday shopping season, and three in four have either some or serious concerns about online fraud.

New York City -- Duane Reade said Monday it has added Smith Electric Vehicles' Newton zero-emission, all-electric commercial trucks to its delivery fleet.

With the addition of these medium-duty trucks, Duane Reade is the first retail pharmacy in the United States to choose fleet electrification through a pilot program with Smith Electric Vehicles, a global supplier of zero-emission, all-electric commercial vehicles.

San Jose, Calif. -- Online auctioneer eBay said Monday it has launched a virtual outlet mall in the United States it is calling Fashion Outlet.

The virtual mall will allow users to access discounted apparel and accessories across brands and retailer banners. Featured brands and banners include BCBG, Neiman Marcus, Brooks Brothers, Last Call and Timberland.

According to eBay’s head of global fashion Miriam Lahage, the company is leveraging the burgeoning popularity of the outlet category as the fastest-growing retail channel.

MEMPHIS, Tenn. — Same-store sales growth and a number of new store opening helped Autozone deliver another impressive quarter, while helping the company maintain its position as a leading automotive parts retailer for both everyday consumers and professionals.

Autozone reported net sales of $2.6 billion for its fourth quarter ended Aug. 27, an increase of 8.1% from the fourth quarter of fiscal 2010. Domestic same-store sales increased 4.5% for the quarter.