Data & Analytics

New York City -- Walgreens said same-store sales rose 5.6% in August, better than expectations, helped by a calendar day shift.

Same-store front-end sales  rose 4.8%, while same-store pharmacy sales rose 5.2% in August. Overall, net sales rose 7.8%, to $6.1 billion. Total sales for the fourth quarter of fiscal 2011, which ended Aug. 31, were $17.94 billion, up 6.4% from the year-ago period.

COLUMBUS, Ohio — Retail same-store sales held steady with a 4.9% gain in August as retailers reported mostly solid back-to-school results at the same time sales at department stores were hurt by the impact of Hurricane Irene and weaker spending plans by shoppers, Kantar Retail reported on Thursday. However, shoppers plan on reducing their spending over the next few months, the company reported.

Los Angeles -- A report released Tuesday by commercial real estate firm C.B. Richard Ellis said that 59% of U.S. retailers plan to open more stores due to the attractive rental rates available in the current market environment.

So far so good. The third quarter at Target is off to a solid start as Target reported a 4.1% same-store sales increase that was squarely in the middle of the company’s guidance range, which called for an increase in the low to mid single digits.

New York City -- In the wake of the power outages caused by Hurricane Irene and other powerful summer storms, Price Chopper is reviewing its back–up plan and considering buying bigger generators, according to The Business Review.

To read the article, go to bizjournals.com/albany/morning_call/2011/09/more-bigger-generators-may-be-in.html
 

New York City -- Fifteen percent of Web searches on Black Friday will be done on mobile devices, according to a study by Google’s AdMob.

The retail world will lose one of its most colorful and respected CEOs when Costco Wholesale Club co-founder and chief executive Jim Sinegal steps down on January 1, 2012. Among retailers, Sinegal stands out for offering proof positive that a business could be good to its employees and customers and still make a hefty profit.

New York City -- Despite low consumer confidence, the volatile economy and a hurricane, many retailers reported better-than-expected sales in August. Hurricane Irene appeared to put a dent in the results of some retailers on the East Coast, but the storm did not appear to do as serious damage as some expected.

Total retail sales rose 4.4%, just missing the 4.6% rise that Wall Street analysts had expected, according to Thomson Reuters. Of the 19 out of the 25 retailers that Thomson Reuters tracks, 11 beat expectations.