Manthan Systems announced that Sprouts Farmers Markets has selected Manthan’s ARC platform for enterprise-wide reporting and analytics.
Limited Brands Inc. reported that net income for the quarter ended Oct. 27 dropped to $73.4 million from $94.3 million in the same quarter last year.
Hot Topic Inc. reported that profit for the third quarter jumped 38% to $4.3 million, from $3.1 million in the year-ago quarter.
IKEA intends to submit plans to the City of Burbank, California, for a new, larger location to replace its current one in the Los Angeles area.
Family Dollar is positioning itself as a one-stop shop for families this holiday season.
A 2.9% third quarter same store sales increase and the sale of its credit card business pushed Target’s third quarter profit up 17.6% to 96 cents a share.
Walmart maintained an optimistic outlook for the holiday season despite 1.5% third quarter comp increase that reflected a modest deceleration in sales momentum seen earlier this year.
Broad-based strength at PetSmart enabled the nation’s leading pet specialty retailer to produce a third quarter same store sales increase of 6.5% and grow profits by 50%.
Survey results released Wednesday by CouponCabin found that nearly a third (31%) of U.S. consumers feel that holiday shopping is starting too soon, with many stores opening their doors to shoppers Thursday, and in some cases, even Wednesday, night.
The busiest shopping weekend of the year is just around the corner and retailers who don’t hit their sales plan won’t be able to blame the weather.