Accelerated Analytics is thrilled to announce that we have been named a finalist for Best Technology Solution Provider in the 2024 BeautyMatter NEXT Awards. This recognition is a testament to our dedication to innovation, excellence, and leadership within the beauty industry. “With everything we do, our first goal is how we bring value. The NEXT... Read more »
May 15, 2014 Things took a wacky turn in the retail world this week as JCPenney reported a 6.2% same store sales increase and a huge gross margin expansion while Macy’s, Kohl’s and Walmart stumbled. JCPenney still lost money, lots of it, during the quarter ended May 3, but total sales increased 6% to $2.8… Read more »
May 14, 2014 Sears Holdings plans to hire an investment banking firm to explore strategic alternatives regarding its 51% ownership stake in Sears Canada. The strategic alternatives are said to include the potential sale of Sears Holdings’ interest or Sears Canada as a whole, according to a statement by the Hoffman Estates, Illinois-based company. In… Read more »
May 16, 2014 Soaring production of multifamily apartments pushed nationwide housing starts above the million-unit mark in April, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Total housing production rose 13.2 percent for the month to a seasonally adjusted annual rate of 1.07 million… Read more »
May 14, 2014 The nation’s leading department store retailer overcame weak first quarter sales to muster a 3.2% profit improvement and expressed confidence in its performance the remainder of the year. The company’s first quarter earnings per share of 60 cents was a penny better than analysts forecast and a 9% improvement from prior year… Read more »
May 15, 2014 Reports Record First Quarter Earnings per Share of $2.56 versus $2.50 Dillard’s, Inc. (DDS-NYSE) announced operating results for the thirteen weeks ended May 3, 2014. Summary of the Company’s First Quarter Performance A 2% increase in comparable store sales Diluted earnings per share of $2.56 versus $2.50 Cash flow from operations of… Read more »
May 15, 2014 Builder confidence in the market for newly built, single-family homes in May fell one point to 45 from a downwardly revised April reading of 46 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today. “After four months in which the HMI has shown little signs of fluctuation,… Read more »
May 13, 2014 Retail sales rose ever so slightly in April, putting a damper on hopes of a sharp uptick in economic growth in the second quarter. According to the U.S. Commerce Department, retail sales, which include categories such as automobiles, gasoline stations and restaurants, rose 0.1% in April, following a revised 1.5% increase in… Read more »
May 12, 2014 Last week: Some improvement in trade, domestically and globally, was the big news this week. The forward indicators have been pointing to some improvement in global industrial conditions, which may be developing, as evidenced by the trade data. The other big story is financial, in terms of the Federal Reserve continuing to… Read more »
May 13, 2014 U.S. retail sales barely rose in April and a gauge of consumer spending slipped, which could temper hopes of a sharp acceleration in economic growth in the second quarter. The Commerce Department said on Tuesday retail sales edged up 0.1 percent last month, held back by declines in receipts at furniture, electronic… Read more »
May 9, 2014 Gap had a good April in terms of sales, and a large part of the reason is the company’s Old Navy banner. The company reported that April net sales increased 10% to $1.33 billion for the four-week period ended May 3, versus $1.21 billion last year. Gap’s comparable sales for April 2014… Read more »
