Daily Financial Performance News
January Same-Store Sales Sustain Pickup
2/5/2010
- Retail same-store sales excluding Walmart rose by 3.3% in January as shoppers appear ready to sustain a modest pickup in their spending despite short-term challenges, according to a new report by Retail Forward (part of Kantar Retail). The sales-weighted composite for 32 retailers was better than the 3.0% same-store sales gain last month and the 4.4% decline in January 2009.
Kamcity.com
CVS May Get Earnings ‘Windfall’ From Lipitor, Plavix Generics
2/5/2010
- Profit at CVS Caremark Corp. and Walgreen Co., the largest U.S. pharmacy chains, may rise at least 20 percent starting next year as branded drugs with more than $100 billion in sales become available as generics.
BusinessWeek Online
Neiman Marcus key sales figure rises in January
2/4/2010
- Neiman Marcus Inc. said Thursday that that sales at its namesake stores and Bergdorf Goodman locations open at least a year climbed 4.5 percent last month as shoppers again snapped up luxury handbags, precious jewelry and women's couture apparel.
BusinessWeek Online
Dollar Tree says 4Q sales grew
2/4/2010
- Discount store operator Dollar Tree Inc. said Thursday its sales at stores open at least a year rose 6.6 percent in the fourth quarter, boosted by better-than-expected Christmas sales.
BusinessWeek Online
Nordstrom January sales rise 14 percent
2/4/2010
- Nordstrom said Thursday that sales in stores open at least one year rose 14 percent in January, a bigger jump than analysts expected.
BusinessWeek Online
Costco January same-store sales top estimates
2/4/2010
- Costco Wholesale Corp reported a better-than-expected 8 percent increase in January same-store sales, helped by a weak dollar and higher gasoline prices.
Reuters
Retailers report solid gains in key figure for Jan
2/4/2010
- Wealthier shoppers went on a buying binge in January and even middle-income Americans spent a little more, retailers said Thursday. Some chains reported their brightest monthly results in years.
BusinessWeek Online
Avon faces profit hit in Venezuela, beauty shares fall
2/4/2010
- Avon Products Inc said on Thursday that currency devaluation in Venezuela would hurt its profit this year, sending shares down more than 5 percent even as it reported a quarterly profit that met Wall Street's expectations.
Reuters
Daily General Industry News
January Same-Store Sales Sustain Pickup
2/5/2010
- Retail same-store sales excluding Walmart rose by 3.3% in January as shoppers appear ready to sustain a modest pickup in their spending despite short-term challenges, according to a new report by Retail Forward (part of Kantar Retail). The sales-weighted composite for 32 retailers was better than the 3.0% same-store sales gain last month and the 4.4% decline in January 2009.
Kamcity.com
Juiced In January, Stores Raise Forecasts
2/4/2010
- People are tiptoeing back into stores, giving January sales at some major retailers a better-than-expected jump. Same-store sales, excluding Wal-Mart Stores, gained 3.3% in January, reports Retail Forward, a Columbus, Ohio-based consulting company owned by Kantar Retail. "The recovery should continue on an uneven path as shoppers slowly resume spending," Retail Forward says in its analysis. Based on its ongoing consumer research, the company is also seeing improvement in household confidence.
Media Post - free registration
Retailers report solid gains in key figure for Jan
2/4/2010
- Wealthier shoppers went on a buying binge in January and even middle-income Americans spent a little more, retailers said Thursday. Some chains reported their brightest monthly results in years.
BusinessWeek Online
Stores expected to show modest increase in Jan. sales figure after strong holidays
2/3/2010
- Retailers elated by stronger-than-expected holiday sales are expected to report Thursday that they saw an unintended consequence in January: sales up only 1 percent from last year by one measure.
Minneapolis Star Tribune - free registration
Exclusive SG Study: Private Label Should Save More Money
2/3/2010
- It`s clear that consumers have upped their use of private label in many categories. Prompted by the recession, people have switched in order to save money. But are they saving as much as they feel they should?
Supermarket GURU
Retailers` weekly sales slow to 0.4% gain
2/2/2010
- Chain-store sales for the week ended Jan. 30 rose 0.4% from the year-earlier period, their smallest increase in January, according to a survey released Tuesday by the International Council of Shopping Centers and Goldman Sachs. On a week-over-week basis, sales were up 0.1%.
MarketWatch
US chain store sales rose 0.8 pct last week-Redbook
2/2/2010
- Redbook Research on Tuesday released the seasonally adjusted weekly data on U.S. chain store sales.
Reuters
US chain store sales up 0.1 pct last week-ICSC
2/2/2010
- The International Council of Shopping Centers and Goldman Sachs on Tuesday released the following seasonally adjusted weekly data on U.S. chain store retail sales.
Reuters
Daily Logistics News
Irish logistics company Syncreon buys US group for $35m
12/30/2010
- SYNCREON, the Irish transport and logistics company formerly known as Walsh Western International, has bought US firm NAL Worldwide Holdings for an estimated $35 million (€24 million).
Irish Times
DemandTec Named to Food Logistics Top 100 List for Fourth Consecutive Year
12/29/2010
- DemandTec, Inc. (Nasdaq: DMAN), a leading provider of on-demand optimization solutions for retailers and consumer products manufacturers, was named to Food Logistics magazine's FL 100 for the fourth consecutive year. Food Logistics magazine's FL 100 list represents the top 100 technology solution providers to the food, beverage, and consumer packaged goods industry and includes companies that focus on the unique needs of companies in the food supply chain. The FL 100 list is compiled based on input from readers, industry analysts and consultants. Retailers and consumer products manufacturers use DemandTec's suite of on-demand software services and analytic insights to optimize assortment, pricing, promotion, markdown and other decisions that influence shopper behavior. Using DemandTec solutions to understand and shape demand and to collaborate via the DemandTec TradePoint Network(TM), DemandTec customers and their trading partners are better able to achieve their sales, volume and
PR Newswire
iDTGV implements JDA's Price Sensitive Revenue Management solutions
12/9/2010
- JDA Software Group has announced that French rail operator iDTGV is implementing JDA's Price Sensitive Revenue Management solutions to improve its competitive pricing strategies, increase ticket sales and grow market share.
tradingmarkets.com
New Issue-JDA Software sells $275 mln in 5-year notes
12/7/2010
- JDA Software (JDAS.O) on Monday sold $275 million of senior notes in the 144a private placement market, said IFR, a Thomson Reuters service.
Reuters
Saddle Creek Corporation buys ServiceCraft Logistics
11/30/2010
- Saddle Creek Corporation, a Third-party logistics (3PL) service provider focusing on integrated warehousing, transportation, contract packaging and value-added services, said this week it has acquired Buena Vista, Calif.-based 3PL ServiceCraft Logistics.
Logistics Management
Jo-Ann Stores Implements JDA Supply Chain Management Solutions to Reduce Gross-Net Inventory and Enhance Forecast Accuracy
2/4/2010
- JDA Software Group, Inc. announced that Jo-Ann Stores, Inc. is live with JDA`s best-of-breed supply chain management software solutions.
Yahoo!
Walmart Selects Johnson Controls as Sole Source Provider for Automotive Batteries
2/3/2010
- Johnson Controls, Inc., announced today it has been selected by Walmart to be the sole source provider of its Automotive, Marine, Powersport and Lawn and Garden battery requirements for its stores in the United States and Puerto Rico.
Yahoo!
Wal-Mart seeks efficiency in new U.S. structure
1/28/2010
- Wal-Mart Stores Inc is consolidating some U.S. operations and dividing the country into three regions under separate presidents to increase efficiency at more than 3,700 domestic stores.
Reuters
Daily Technology News
PepsiCo Strengthens Cross-Company Collaboration with BT and Cisco TelePresence
2/2/2010
- BT and Cisco today announced that PepsiCo, one of the world's largest food and beverage companies, will be deploying Cisco TelePresenceâ?¢ systems across PepsiCo's major offices worldwide.
Yahoo!
The Gap: BI better in enterprise-wide deployment
2/1/2010
- When considering business intelligence projects, organizations would be better off in the long run to set up an enterprise-wide data warehouse, rather than running different data marts for individual projects, advised Michael Jones, senior vice president of IT for the Gap clothing retailer.
Computer World
NCR Installs BLOCKBUSTER Express-Branded DVD-Rental Kiosks at Bashas' and Food City Supermarkets in Arizona
2/1/2010
- NCR Corporation recently installed its BLOCKBUSTER Express DVD-rental kiosks at more than 100 Bashas’ and Food City supermarkets in Arizona.
Yahoo!
Apple's own approach to iPad e-books could confuse
1/31/2010
- Even as Apple's iPad will likely energize electronic reading, the new device is undermining a painstakingly constructed effort by the publishing industry to make it possible to move e-books between different electronic readers.
BusinessWeek Online
Kindle not ready to surrender to iPad
1/29/2010
- At first glance, the multimedia iPad, with its fast, colorful touch screen and built-in Web browser and video player, would seem to outshine the slower Amazon device. But not everyone is ready to let the Kindle burn.
LA Times - free registration
Does Apple`s IPad Take a Bite Out of Web Advertising?
1/28/2010
- Media will work great on the Apple`s new iPad, but your ads may not. That`s because like the iPhone, Apple left Flash off the iPad, meaning publishers will have to build an app for the device if they want their ads to live there.
Ad Age - Free Registration
Saks Incorporated Begins Conversion of its Distribution Centers to Kiva Systems Automation
1/26/2010
- Kiva Systems today announced that Saks Incorporated has purchased a Kiva system for its Aberdeen, Maryland distribution center. This purchase kicks-off a 30-month Saks initiative to convert its fulfillment center from manual to automated operations, based on the Kiva Mobile-robotic Fulfillment System.
Yahoo!
Brookshire Grocery Company Boosts Shopper Satisfaction and Business Growth With SAP Software
1/25/2010
- Taking a customer-centric approach and delivering outstanding customer service have propelled Brookshire Grocery Company's success story of growth and acquisitions since its founding in 1920.
Yahoo!
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