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Data & Analytics

  • Kronos Retail Labor Index shows dramatic increase in last-minute holiday hiring

    Chelmsford, Mass. -- Kronos announced the December release of the Kronos Retail Labor Index, analyzing the relationship between the demand and supply sides of the labor market within the U.S. retail sector.

    The December report, which includes data for November 2010, showed that the Index increased significantly to 3.8%, a 28% increase over last month’s figure of 3.0%.  (A level of 3.0% means that for every 100 applications received, three hirings occurred.)

  • Uniqlo may open 200 stores in the U.S. by 2020

    Yamaguchi City, Japan -- Fast Retailing Co. said Friday it aims to open at least 200 Uniqlo stores in the U.S. by 2020.

    Asia’s largest clothing chain said it seeks to raise sales sixfold in a decade.

    “The United States is one of the most important markets for us,” Shin Odake, CEO of Uniqlo’s U.S. unit, said in an interview with Bloomberg Television. “We want to become the number one retailer in the world.”

  • National Entertainment buys most assets of defunct Movie Gallery chain

    New York City -- Movie merchandise seller National Entertainment Collectibles said Thursday that it had acquired most of the assets of Movie Gallery, which has been liquidating its Hollywood Video, Movie Gallery and Game Crazy stores.

    Movie Gallery, once the nation's second-largest video and game rental chain with 4,000 stores in the United States and Canada, filed for bankruptcy in February. In October, a federal bankruptcy judge in Richmond, Va., approved the auction of its brand names, Internet domain names and customer databases.

  • TJX to close A.J. Wright banner, cut 4,400 jobs

    Framingham, Mass. -- TJX Cos. said Friday it will close its A.J. Wright discount stores by mid-February, cutting 4,400 jobs. The move comes as the company’s T.J. Maxx and Marshalls chains have become better at attracting the lower-income customers that A.J. Wright targeted.

    Ninety-one A.J. Wright stores will be converted into T.J. Maxx, Marshalls or HomeGoods stores, and 71 stores and two DC’s will close entirely. About 3,400 employees will keep their jobs and another 4,400 – half part-time and half full-time – will be cut.

  • Verizon Business sees mobile commerce demand, cloud adoption spread

    Basking Ridge, N.J. -- Verizon Business, which delivers integrated, secure IT solutions to many of the world’s largest retailers, said it predicts the following five trends will shape the retail industry in the coming year.

  • Whole Foods to reinstate quarterly dividend

    Austin, Texas -- Whole Foods Market said Wednesday that its board approved a quarterly cash dividend of 10 cents per share reinstating the quarterly payment after more than two years with none. The dividend will be payable Jan. 20 to shareholders of record as of Jan. 10.

    John Elstrott, chairman of Whole Foods' board, said in a statement that the decision to bring back the dividend stems from the company's strong financial position and outlook.

  • New Edge Networks to become EarthLink Business

    Atlanta -- EarthLink announced that it has completed its acquisition of ITC DeltaCom, a leading provider of integrated communications services to customers in the southeastern United States, in a transaction valued at approximately $524 million.

    With the close of the transaction EarthLink will begin integrating its New Edge Networks and EarthLink Business Services operations with Deltacom and will market the combined services under the ‘EarthLink Business' brand name.

  • Whole Foods store awarded double green honors

    New York City -- Whole Foods Market’s store in Lake Grove has become the first supermarket  in the United States to be awarded with both a LEED (Leadership in Energy and Environmental Design) Gold certification from the U.S. Green Building Council as well as a Three Green Globe certification from the Green Building Initiative.

    The store, which opened in March 2010, is the third of Whole Foods Market’s 22 locations in the Northeast region to receive a LEED certification, and the first to be recognized by the Green Building Initiative.

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