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Data & Analytics

  • Amazon acquiring Goodreads

    Seattle -- Amazon.com announced that it has agreed to acquire social site Goodreads, an online book recommendation community that has more than 16 millions around the globe. The financial terms of the deal, which enhances Amazon's already significant clout in the book publishing world, were not disclosed.

  • Toys ‘R’ Us profit and sales down in Q4 and full year; withdraws IPO plan

    Wayne, N.J. -- Toys “R” Us on Friday reported that its sales and profits declined in the fourth quarter and the full year. The company also revealed in a regulatory filing with the U.S. Securities and Exchange Commission that it is withdrawing its plan to go public, blaming “unfavorable market conditions” and its “executive leadership transition” for the decision.  

  • Weis Markets names VP/corporate controller

    Sunbury, Pa. -- Weis Markets has promoted Paul Stombaugh to VP/corporate controller.

    Stombaugh will take on an expanded role in the company’s decision support and its strategic development. He also will continue to oversee its financial accounting and reporting functions, internal controls, treasury and budgets, Weis reported. He will continue to report to Scott Frost, SVP and CFO.

    Prior to joining the company in 2010, Stombaugh worked in several progressive management roles at Foot Locker’s financial center.

     

  • Reinventing Retail: Hointer, Seattle

    Imagine a store with a back staff of robots, where items appear, almost magically, in the fitting room. A store where customers pay for their purchases in their dressing rooms, without interacting with a single salesperson. You can stop imagining … check out Hointer, an apparel (mostly men’s jeans) shop in Seattle.

  • Finish Line Q4 profit down

    Indianapolis -- The Finish Line said its fourth-quarter profit dropped 18% as gross margins fell and overall sales declined more than analysts expected. The chain’s adjusted earnings and same-store sales growth, however, were in-line with its expectations.

    For the fourth quarter ended March 2, Finish Line reported net income of $34.3 million, down from $41.9 million a year earlier.

  • GameStop Q4 profit up

    Grapevine, Texas -- GameStop Corp reported a nearly 50% increase rise in fourth-quarter profit fueled by gains in its mobile and digital businesses. Profit rose to $261.1 million from $174.7 million.

    Revenue for the quarter ended Feb. 2, 2013, totaled $3.56 billion compared to $3.58 billion last year. Same-store sales were down 4.6%.

  • Fred’s Q4 profits down; to accelerate pharmacy expansion

    Memphis -- Fred's Inc. said Thursday that its fourth-quarter net income decreased 33% amid higher operating costs and restrained consumer spending. The discounter’s forecast for this year also fell below analyst expectations.

    Net income for the three months ended Feb. 2 fell to $6.6 million, compared to $9.8 million the year before.

    Revenue increased 7%, to $533.4 million, also below analysts’ expectations. Same-store sales were up 4.8%.    

  • Survey: Aldi only grocer to have loyal Facebook following

    Batavia, Ill. -- Survey results released Wednesday by Facebook marketing firm LoudDoor found that discount grocer Aldi USA ranked fifth on a list of the top 20 companies with the most loyal fans. No other grocery retailer was included on the list, which tracks every major brand on Facebook and how likely those brands' fans are to recommend them to friends or colleagues.

    Other companies ranked in the top five include Google, Facebook and Walt Disney World.

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