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Data & Analytics

  • Limited Brands profit surges in Q3

    Columbus, Ohio -- Limited Brands reported Wednesday that net income for the quarter ended Oct. 30 soared to $61.3 million, compared with $6.1 million a year earlier. The company also said it would repurchase $200 million in shares.

    Same-store sales increase 10%, and net sales were $1.99 billion compared with $1.78 billion last year.

  • Stein Mart profit rises in Q3

    Jacksonville, Fla. -- Stein Mart reported Thursday that net income for the quarter ended Oct. 30 was $4.3 million, compared with net income of $3.2 million a year earlier.

    Net sales were $267.9 million, a decrease of 0.9% from $270.2 million in 2009. Same-store sales increased 0.3% for the quarter.

  • Ross Stores earnings leap 16% in Q3

    Pleasanton, Calif. -- Ross Stores reported Thursday earnings for the quarter ended Oct. 30 rose 16% to a record $121.4 million, compared with $105.1 million in the year-ago period.

    Sales increased 7% to $1.874 billion, with same-store sales up 3% on top of a strong 8% gain in the prior year.

  • Ethan Allen launches Intava interactive touchscreens in stores

    Bellevue, Wash. -- Touchscreen solution-provider Intava said Thursday that Ethan Allen has selected Intava Vector to power the retailer’s new touchscreens in participating Ethan Allen Design Centers nationwide.

    The touch screens showcase Ethan Allen’s designs using interactive technology that combines photos, videos and details on all available furnishings and accessories. The technology gives consumers the ability to discover, select and visualize home interiors through intuitive interactions with the screen.

  • Survey: 138 million shoppers expected to hit stores Black Friday weekend

    Washington, D.C. -- A survey released Thursday by the National Retail Federation and conducted by BIGresearch found that up to 138 million people plan to shop Black Friday weekend (Friday, Saturday and Sunday), surpassing the 134 million who planned to do so last year.

    According to the NRF 2010 Holiday Consumer Intentions and Actions Survey, which polled 8,778 consumers, approximately 60 million people say they will definitely hit the stores while another 78 million are waiting to see if the bargains are worth braving the cold and the crowds.

  • Former Walmart exec Jack Shewmaker dies at 72

    ROGERS, Ark. -- Former Walmart executive Jack Shewmaker passed away Wednesday evening. He was 72.

    Shewmaker began his career at Walmart in 1970 and rose steadily through the ranks of the company, serving in numerous capacities, including district manager; VP security (now known as loss prevention); VP store operations; EVP store operations, personnel and merchandise; CFO; and president and COO. Shewmaker retired from the company in1988, but continued as a member of Walmart’s board of directors.

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