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Archives » August 2009
RPI Improves, Remains Below 100
The RPI (Restaurant Performance Index) rose 0.3 percentage points in July 2009, jumping from June’s figure of 97.8 to 98.1. While even a slight increase is a welcome sign after three straight months of contraction, the Index has remained below 100, signifying contraction, for 21 straight months.The RPI is based on the responses to the National Restaurant Association’s Restaurant...Continue Reading »
Wal-Mart Enters Amazon Territory
Discount retailer Wal-Mart Stores, Inc., which has already made competitive inroads on consumer electronics retailer Best Buy and the supermarket vertical in general, now appears to have internet retailer Amazon.com in its crosshairs. Wal-Mart today launches Walmart Marketplace, a new program that expands its online product assortment to more than one million items.Walmart Marketplace...Continue Reading »
‘Monday Clearance’: News We Didn’t Cover, August 26-31
Below, some recent articles from the stock of news items that Retailer Daily just didn’t get to writing in the past few days, but still might be worth your while to check out. Eddie Bauer Holdings Appoints Brent Kugman Chief Restructuring Officer
Kugman Partners
‘Toffee for Your Coffee’ Donut Arrives at Dunkin Donuts
Dunkin Donuts
eBay Assists Investigation of Florida Theft...Continue Reading »
Ahold US Banners Value Low Prices
Supermarket chains Stop & Shop and Giant-Landover, both U.S. banners of Dutch conglomerate Ahold, are squarely focusing on providing value to consumers. According to Supermarket news, the chains are issuing new loyalty cards, doubling the items eligible for loyalty discount, and redesigning store layout and shelf design and tagging to reflect an emphasis on value pricing.Stop & Shop and...Continue Reading »
Talbots Restyles Online Customer Experience
Specialty women’s apparel retailer The Talbots, Inc. is relaunching its e-commerce site with new functionality, features and personalization designed to align its online shopping experience with in-store product offerings and catalog customer service.Updated online features include a “New and Noteworthy” section offering videos of current apparel products, a “look book” with...Continue Reading »
Sears Beautifies Assortment
Broadline retailer Sears Holdings Corporation, which reported declining revenues and same-store sales during Q2 2009, is attempting to draw in female mall customers with new full-service in-store beauty shops. Sears is opening the new beauty departments in 13 select retail mall locations in Chicago, Los Angeles and New York.Sears’ new beauty shops, set to open Saturday, August 29,...Continue Reading »
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Burger King Crowns Solid Q4, FY 09
While not all the numbers were positive, in general fast food restaurant chain Burger King Holdings, Inc. reported solid results for its fourth quarter and fiscal year 2009, both ended June 30, 2009. Selected financial highlights and analysis of Q4 and fiscal year 2009 follow.Fourth Quarter Revenues Fall, Operating and Net Income Rises
During Q4 2009, Burger King’s total revenues fell...Continue Reading »
United Supermarkets Ups Stakes in Private Label Game
United Supermarkets, operator of 50 Texas-based supermarkets under the United, Market Street, and Amigos banners, is taking a direct step into the private-label food arena. According to Supermarket News, United has purchased Praters Foods, a Texas-based prepared foods provider.Praters offers holiday dinners, specialty cooked meats, entrees, casseroles, soups and desserts under its own...Continue Reading »
Staples Shows Sales Strength Internationally
Office supply retailer Staples, Inc. reported increases in total company, North American delivery and international sales during Q2 2009, although sales in its North American retail segment slipped. Selected financial highlights and analysis follow.Total Company Sales Rise, Net Income Falls
Staples reported total Q2 company sales of $5.5 billion, a 9% jump from $5.1 billion. However,...Continue Reading »
Sears Builds Digital Home Improvement Community
Broadline retailer Sears Holding Company is continuing to make good on its March 2009 promise to expand its global online strategy with the official launch of the ManageMyHome home improvement site. ManageMyHome offers online services, products and information aimed at consumers looking to perform home improvement products.ManageMyHome allows customers to download online product manuals,...Continue Reading »