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Data & Analytics

  • Total U.S. sales fall 0.2% in May on plunging auto sales

    Washington, D.C. -- A report released Tuesday by the Commerce Department showed that total U.S. retail sales fell 0.2% in May, a less-than-forecast dip following April’s 0.3% gain. It was the first drop in 11 months. Excluding autos, retail sales rose 0.3% last month, the smallest gain since July 2010.

  • Barneys tops list of favorite luxury retailers

    Stevens, Pa. -- A survey released Tuesday by Unity Marketing revealed the list of retailers frequented by the most wealthy American shoppers – those earning $250,000 and up.

    Barneys New York, Nordstrom and Bergdorf Goodman ranked as the top luxury department stores among the ultra-affluent in the Luxury Report 2011. However, the survey also uncovered signs that the wealthiest consumers are slowing their pace of shopping in these stores.

  • Best Buy beats street despite Q1 profit slump

    MINNEAPOLIS — Best Buy reported Tuesday that net income for the first quarter fell 12% to $136 million, or 35 cents per diluted share, hurt by increased promotions and lower demand for such items as flat-panel televisions and digital cameras. But strong showings in China, mobile phone sales and online performance pushed helped to boost profit and revenue past analyst estimates.

  • Best Buy Q1 profit falls 12%, results still beat Street

    Minneapolis -- Best Buy Co. reported Tuesday that net income for the first quarter fell 12% to $136 million, hurt by increased promotions and lower demand for such items as flat-panel televisions and digital cameras. But strong showings in China, mobile phone sales and online performance pushed helped to boost profit and revenue past analyst estimates.

  • Ahold USA selects EnerNOC’s EfficiencySmart to track and reduce energy use

    Boston -- EnerNOC said Tuesday that Ahold USA will deploy EnerNoc’s EfficiencySmart Insight in the majority of its Stop & Shop, Giant Food of Maryland, and Giant/Martin’s grocery stores.

  • Neiman Marcus names president of Direct business

    DALLAS — Karen Katz, president and CEO of Neiman Marcus announced that John E. Koryl will be joining the company, June 20, as president of Neiman Marcus Direct. Koryl succeeds Gerald Barnes, who will become EVP, chief merchant Neiman Marcus Direct.

    Koryl, 40, joins Neiman Marcus from Williams-Sonoma where he was the SVP e-commerce marketing and analytics. Prior to Williams-Sonoma, Koryl was senior director marketing solutions at eBay and has worked at UmbrellaBank, Creditland.com, and Accenture.

  • Opinion: Strategic shoppers and the new look of loyalty

    Insight into consumers’ buying behaviors is important in order for advertisers and retailers to reach this elusive shopper who is seeking not only to save money but to save time. Consumers’ continued interest in coupons and savings has been influenced, in part, by concerns over their own personal economic situations. Today, faced with rising food and gas prices, consumers are seeking ways to offset these increases. 

  • Casey's Q4 profit up 4% on strong revenue

    Ankeny, Iowa -- C-store operator Casey's General Stores said Monday that profit for the quarter ended April 30 rose 4% to $22.8 million, compared with $21.9 million in the year-ago period.

    Revenue surged 31% to $1.55 billion, surpassing Wall Street expectations of $1.57 billion in revenue. Same-store sales rose almost 5% on groceries and other merchandise and increased 12% on food and fountain drinks. Same-store gasoline sales fell 2% on rising prices.
     

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