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  • MasterCard: Strong growth in December across many retail sectors

    Purchase, N.Y. -- Retail growth in December sales was robust across many categories, further building on November’s positive results, with some performing at better than pre-recession levels, according to MasterCard Advisors SpendingPulse, which tracks national retail and services sales.

  • comScore: Total online spending sets record $32.6 billion

    Reston, Va. -- Retail e-commerce spending for the entire November -- December 2010 holiday season reached $32.6 billion, marking a 12% increase versus last year and an all-time record for the season, according to comScore.

  • Year-over-year sales up 6.5% for week ending Jan. 1

    Chicago -- Year-over-year retail sales increased 6.5% for the week ending Jan. 1, according to ShopperTrak’s National Retail Sales Estimate, while the company’s Retail Traffic Index (SRTI) reported foot traffic rose 4.1% for the same period.

  • Family Dollar profit up nearly 10%, 300 stores on tap for 2011

    Matthews, N.C. -- Family Dollar Stores said Wednesday that its fiscal first-quarter profit climbed 9.9% on strong candy and food sales and higher customer traffic. The discounter reported net income of $74.3 million for the period ended Nov. 27, up from $67.6 million a year ago. Its results, however, were short of analysts expectations, with the disappointing profit attributed primarily due to lower gross margins and higher freight costs.

  • Walgreens December sales up 7.5%

    Deerfield, Ill. -- Walgreens reported on Wednesday that its December sales rose 7.5% to $6.8 billion. The chain said that Duane Reade stores, which Walgreens acquired in April 2010, contributed 2.5 percentage points.

    Walgreens’ same-store sales for the month rose 2.8%

    The company said front-end sales were up 9.5%. Pharmacy sales, which accounted for 58.6% of total sales for the month, saw a 6% boost.

    During the month of December, Walgreens opened three stores, including one relocation, and acquired three stores.

  • Walmart taps Datacert’s Passport platform for legal department management

    Houston -- Datacert, a global provider of enterprise legal management solutions, announced that Walmart has selected Datacert's Passport technology platform, to help strategically manage the chain’s domestic legal processes and systems. In addition, Walmart will implement Datacert's matter management and spend management systems, which are built on Passport.

  • BJ’s closing five locations, restructuring home office and select field ops

    Natick, Mass. -- BJ’s Wholesale Club said Wednesday that its December same-store sales rose 3.8% and would have been up 1.4%, excluding the impact of gasoline sales. The results were short of analysts expectations. Separately, the company said it is shutting five underperforming locations by the end of January. as well as restructuring its home office and certain field operations. It is cutting 114 corporate-level jobs, 61 of them at the company's headquarters and 53 field positions.

  • From holiday returns to hand-held upsells: How live chat drives loyalty and conversions after the holidays

    By Steve Castro-Miller, president and CEO of Bold Software, [email protected]

  • Macy's growing e-commerce, adding jobs

    CINCINNATI - Macy's Inc. has announced a series of organizational expansions, totaling approximately 725 new positions over the next two years, to support the growth of macys.com and bloomingdales.com. 

  • Sears, Kmart launch movie-download service

    NOVATO, Calif. - Sears Holdings has launched a new online movie download service, Alphaline Entertainment (http://alphaline.roxionow.com),/ which enables Sears and Kmart customers to download entertainment online, including new movies on the same day they are released on DVD and Blu-ray disc. The service is being provided through Sonic Solutions RoxioNow platform.

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