Hints and tips:
...Joanne Kwong, president of Pearl River Mart, a historic Asian American store in Manhattan, cut her business hours because her staff, who are mostly Asian American, did not feel safe going home late at night...
...The city ousted Bruges and came by the mid-14th century to serve as a “department store for the wool traders”....
...Quant later designs the staff uniforms for his furniture store Habitat 1962 Quant signs a lucrative design contract with US department store JC Penney....
...VinMart stores, for example, might make use of “smart cameras” to track how much time customers stay in a given section of the store....
...Steve Jones is Capgemini’s Strategy Director for Big Data and Analytics...
...(WSJ) David Jones has agreed a A$2.15bn (US$2bn) takeover by South African retailer Woolworths, which trumps a merger approach from rival Australian department store group Myer....
...It is a problem shared by discount or mass-market department stores as far afield as Australia and Germany....
...Businesses looking to make better use of their existing data warehouses or data marts face some significant hurdles. The first is continued data growth....
...number of Wal-Mart stores around the country....
...A late bounce saw department store Kohl’s also find gains....
...In corporate news, Wal-Mart, the world’s largest retailer, said it would create more than 22,000 jobs this year in new or expanded US stores. Wal-Mart shares were flat at $50.87....
...under more than one brand, such as supermarkets, hypermarkets and department stores....
...British department store John Lewis, which currently has about 400 hats in stock, reports a 7 per cent year-on-year sales increase in occasion hat sales and a 14 per cent increase in fascinators, the hat...
...Kohl’s, the chain of family department stores, opened higher after its profits beat analysts’ earnings estimates and the company raised its full-year profit forecast....
...The sector took some comfort from Wal-Mart, which rallied 5.3 per cent to $49.63 after the group disclosed that same-store sales rose 2.1 per cent last month, better than expected....
...The Dow Jones Industrial Average rose 1.3 per cent to 8,063.07 and the Nasdaq Composite Index climbed 2.1 per cent to 1,546.24....
...Another bright spot was Wal-Mart, up 4.5 per cent to $55.85 on the back of better-than-expected revenue....
...In consumer staples, Wal-Mart Stores added 2.2 per cent to $59.37 and Procter & Gambleclimbed 2.7 per cent to $71.60, helping the sector to advance 1 per cent....
...Costco Wholesale reported a 9 per cent rise in same-store sales in May, while Wal-Mart reported a 3.9 per cent rise. Wal-Mart rose 3.7 per cent to $59.80 and Costco added 3.8 per cent to $73.50....
...McDonald’s fell 1.8 per cent to $62.78 and Wal-Mart Stores lost 1.9 per cent to $57.88 while the consumer discretionary and staples sectors gave up 1.6 per cent and 0.6 per cent respectively....
...Wal-Mart Stores rose 1.2 per cent to $58.43, Procter & Gamble added 1.3 per cent to $65.82. Sears Holdings climbed 5 per cent to $82.78....
...The Dow Jones Industrial Average was up 0.4 per cent at 12,866.78. Analysts were looking for leading retail chains to report a 2.5 per cent gain in same-store sales in April....
...Apparel and department store sales were particularly badly hit, dropping 11.2 per cent and 8.2 per cent respectively....
...Consumer sentiment, as measured by the University of Michigan, dropped again and in March sales at comparable chain stores fell 0.5 per cent, while clothing and department store sales tumbled by much more...
...However, the S&P retail index climbed 3.7 per cent to 403.51 as analysts said weaker consumer spending was already priced in to many retail shares, Wal-Mart’s same-store sales rose only 0.5 per cent in...
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