Data & Analytics

BENTON HARBOR, Mich. -- Whirlpool Corporation announced fourth-quarter net earnings of $171 million, or $2.19 per diluted share, compared with $95 million, or $1.24 per diluted share reported during the same period last year.  Fourth-quarter adjusted diluted earnings per share totaled $2.11 compared with $1.67 in the prior year.  Sales of $5 billion increased 4% from the fourth quarter of 2009.

Fourth-quarter operating profit totaled $202 million compared with $199 million in the prior year.  

Atlanta -- RedPrairie Corp., a productivity solutions provider, announced it has finalized the acquisition of Escalate Retail, a provider of all-channel commerce to specialty retailers, direct marketers and big-ticket retailers.

ST. PETERSBURG, Fla. -- HSN announced that Jill Braff has been appointed EVP digital commerce effective Feb. 7. Braff will report directly to Mindy Grossman, CEO of HSN Inc.

In her new position, Braff will oversee HSN's existing e-commerce, mobile and social media platforms. In addition, she will manage the development and implementation of new multi-platform initiatives. HSN's e-commerce, digital marketing, merchandising and advanced services teams will report to Braff.

New York City -- Teen retailers Abercrombie & Fitch Co., Aeropostale and American Eagle Outfitters will stop reporting monthly sales after Thursday.

Many retail executives say reporting sales from stores open at least a year puts too much focus on short-term results. 
 

FRAMINGHAM, Mass. -- Staples Inc. announced that it will showcase its enhanced focus on new technologies and services in its retail stores with a new television spot airing regionally during the Super Bowl on Feb. 6. 

EL SEGUNDO, Calif. -- Mattel reported that for the fourth quarter, net income was $325.2 million, or 89 cents per share, compared with last year’s fourth quarter net income of $328.4 million, or 89  cents per share. For the year, the company reported net income of $684.9 million, or $1.86 per share, compared with last year’s net income of $528.7 million, or $1.45 per share.

LOS ANGELES -- Costco has engaged Creative Channel Services' CyberScholar Retail Network to increase in-store product knowledge and enhance shopper experiences, the company reported.  The warehouse retailer has integrated CCS' CyberScholar portal into its U.S. employee development strategies for consumer electronics (CE) product lines.

Feeling confident that the worst is behind them, most retailers are ready to expand again as they turn their attention from steadying the ship to actively growing their business. That’s the big takeaway from Retail Horizons: Benchmarks for 2010, Forecasts for 2011 report. The annual study, sponsored by KPMG and the National Retail Federation Foundation, is widely acknowledged as the definitive state of the industry report.