FINANCE

Ahold records 7.5% rise in Q4 sales

BY Katherine Boccaccio

Amsterdam — Ahold reported Friday that sales for the fourth quarter rose 7.5% to $10.4 billion, boosted largely by its ability to keep U.S. stores open during Hurricane Sandy, said the company. Same-store sales advanced 2.8%.

Its U.S. business includes the Stop & Shop, Giant-Landover and Giant-Carlisle supermarket banners and the Peapod online grocery service. Ahold posted fourth quarter sales of $6.1 billion in the U.S., marking a 4.3% rise over the year-ago period.

For the full fiscal year, sales increased 8.5% to $43.6 billion.

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duyentran607 says:
Apr-20-2013 10:55 pm

Chatrandom.com
Its U.S. business includes the Stop & Shop, Giant-Landover and Giant-Carlisle supermarket banners and the Peapod online grocery service. Chatrandom.com

P.Lopez says:
Apr-09-2013 06:03 pm

Chatrandom
It has a sleek, modern feel and displays the fast-fashion retailer’s merchandise offerings (for women, men and children) in intimate in-store boutiques. Chatrandom

P.Lopez says:
Apr-09-2013 06:03 pm

It has a sleek, modern feel and displays the fast-fashion retailer’s merchandise offerings (for women, men and children) in intimate in-store boutiques. Chatrandom

A.Archer says:
Apr-07-2013 02:07 am

If you want to join the
If you want to join the rental real estate investors, you need to know how the market is positioned right now. With the low mortgage rates and competitive home prices, home buying is now something that consumers can reconsider. High-Tech

A.Archer says:
Apr-07-2013 01:36 am

Taking advantage of
Taking advantage of discounted means that even if you sell your home within the first year, you can see a healthy profit, especially in terms of reselling wholesale lots of discounted homes. Traditionally, the real estate market will increase by 3% every year on average, of course this depends on the area that you live in. soliceo

A.Archer says:
Apr-07-2013 02:07 am

If you want to join the rental real estate investors, you need to know how the market is positioned right now. With the low mortgage rates and competitive home prices, home buying is now something that consumers can reconsider. High-Tech

A.Archer says:
Apr-07-2013 01:36 am

Taking advantage of discounted means that even if you sell your home within the first year, you can see a healthy profit, especially in terms of reselling wholesale lots of discounted homes. Traditionally, the real estate market will increase by 3% every year on average, of course this depends on the area that you live in. soliceo

M.Donovan says:
Mar-20-2013 12:11 pm

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M.Donovan says:
Mar-20-2013 12:11 pm

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OPERATIONS

Rona reshuffles board amid shareholder pressure

BY Katherine Boccaccio

Boucherville, Quebec — A Monday report by Reuters said that Canadian home-improvement chain Rona Inc. has appointed a new executive chairman and has again shuffled its board in response to mounting investor pressure to make measurable changes.

Rona successfully fought a takeover by Lowe’s Cos. late last year, as the U.S. company offered $1.86 billion to acquire Rona.

Robert Chevrier, former chairman and director of competitor Richelieu Hardware Ltd, has been tapped as Rona’s new executive chairman, replacing Robert Pare, who has stepped down as chairman but continues to serve as a board member.

Rona also named four other new board members, in the wake of an agreement with its two largest shareholders, Caisse de depot et placement du Quebec and Invesco Canada Ltd.

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OPERATIONS

Study: Marketers to increase spend, hiring in 2013

BY Katherine Boccaccio

Portland, Ore. — Survey results released Monday by Infogroup Targeting Solutions and Yesmail Interactive found that almost 70% of companies plan to spend more on data-related marketing initiatives in 2013, with a heavy emphasis on hiring.

More than half of the respondents surveyed said they plan on adding new employees to oversee their data efforts this year, including analysts and executives.

"In 2013, brands should be taking a disciplined approach to building out their data operations,” said Michael Fisher, president of Yesmail Interactive, an Infogroup company. “Data collection has almost been the easy part; the new challenge will be connecting the dots between different types of data across multiple channels.”

According to the survey, most marketers have successfully implemented data-collection tools, but in 2013 they will focus on putting technology and people in place to use their customer information in a more sophisticated and targeted way. For example, 45% of marketers identified analyzing or applying customer information as the biggest data-related challenge they will face this year. Only 11% said data collection will be their most difficult task.

Among the report’s key findings around data-related spending and hiring:

  • 68% of marketers said they expect their data-related expenditures to increase greatly or slightly in 2013; only 3% said they expect data-related expenditures to decrease;
  • 56% plan on hiring new employees to handle data collection or analysis, with the most common position being a data analyst (20%);
  • 5% said they plan on hiring an executive to oversee data initiatives.

Companies are also starting to realize the need for more timely use of customer data to drive more personalized marketing campaigns. More than half of the survey respondents said they have already started implementing real-time data and plan to make greater use of it in 2013.

Another 30% said they plan on using it for the first time or consider using it.

The study also provided additional insights into 2013 data and marketing trends. Among the findings:

  • Almost 80% of marketers plan to make greater use of customers’ social media data to drive marketing campaigns in other channels in 2013;
  • The majority of marketers use insights from customer data to drive marketing campaigns on their website (83%), email (72%) and social media (59%);
  • Less than half use customer data to drive marketing campaigns through the offline channels of direct mail (47%), print (32%) and telemarketing (30%);
  • Almost half the respondents said their website is the best source of gathering customer data, followed by email (19%) and social media (12%); and,
  • More than 25% of marketers admit they don’t know when they performed quality control on their customer data.
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S.Gacho says:
Mar-13-2013 02:38 am

Study release today by
Study release today by Infogroup that marketers plan to increase the big data spending in 2013 by hiring and building more system to keep up with the fire hose of information generated bu growing social channel. - Rich Von Alvensleben

S.Gacho says:
Mar-13-2013 02:38 am

Study release today by Infogroup that marketers plan to increase the big data spending in 2013 by hiring and building more system to keep up with the fire hose of information generated bu growing social channel. - Rich Von Alvensleben

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