Retail

Waltham, Mass. -- Profitect announced Monday that Weis Markets has selected its cloud-based Profit Amplification solution, a pattern-seeking predictive analytics tool, for deployment throughout the chain.

Weis Markets will initially deploy the Point of Sale and Inventory modules of the Profitect suite.

New York -- Total holiday retail sales increased 3% to $579.8 billion, below the National Retail Federation s projected forecast of 4.1%. Non-store holiday sales grew 11%, below the 12% growth forecast by Shop.org. (The NRF sales figures exclude automobiles, gas stations and restaurants.)

“For over six months, we’ve been saying that the fiscal cliff and economic uncertainty could impact holiday sales. As the number shows, these issues had a visible impact on consumer spending this holiday season,” said Matthew Shay, CEO, NRF.

MINNEAPOLIS — Winmark Corporation, franchisor of four value-retail store concepts, is developing a new concept focused on reselling women's apparel and accessories.

Winmark Corporation operates 968 franchises under the Plato's Closet, Play It Again Sports, Once Upon A Child and Music Go Round brands, all of which buy, sell, trade and consign gently used merchandise. The franchisor intends to market the new retail concept to savvy and frugal shoppers.

Sidney, Neb. -- Cabela’s Inc. on Tuesday announced plans for two new stores, one in Greenville, S.C., and the other in Woodbury, Minn.

Cabela’s expects to open the Greenville store – its first South Carolina location – in spring 2014. The 100,000-sq.-ft. store will be located in Magnolia Park, a newly redeveloped shopping center.

BALTIMORE, Md. — Barcoding, Inc., a leader in the automated data collection market, has promoted Shane Snyder to president. He succeeds Jay Steinmetz, who founded the company and remains the company’s CEO.

As president, Snyder will direct Barcoding’s day-to-day business operations and lead expansions into traditional markets.

New York -- A study released Monday by Cisco revealed that, as retailers reinvent their in-store shopping experience in the face of the continued rise of e-commerce, digital content from the Internet has emerged as the most powerful influence in buying decisions for the majority of shoppers in all channels.

New York -- PayPay announced Monday that a total of 23 national retailers are now signed up to accept PayPal in their stores, making the payment solution accepted in more than 18,000 physical retail locations. PayPay also announced that Jamba Juice is testing an order-ahead feature that allows customers to place an order, select a time for pick-up, and pay in advance via the PayPal App – so when they arrive, they can save time and skip the line, grab their food and be on their way.

New York -- MID Retail Inc. announced Monday that discount fashion retailer Loehmann’s has selected its Advanced Merchandise Planning and Advanced Allocation software to forecast store-level demand, accurately generate buying plans, and intelligently manage the flow of merchandise to retail stores.