Artificial Intelligence

Alvarez & Marsal, a global professional services firm specializing in turnaround and interim management, performance improvement and business advisory services, has hired Tom Phelps as a managing director. He will help retailers in the U.S. and worldwide improve business performance.  

Facing an increasingly competitive retail landscape, Canadian retailer Loblaw Cos. posted a slight lift in retail sales but, due to incremental margin investment in the back half of the year, lowered its earnings growth expectations for 2013.

However, company executives are optimistic as the company remains focused on investing in what it refers to as the “customer proposition” and looks forward to its acquisition of Shoppers Drug Mart.

The retail industry continues to hurtle toward an omnichannel reality with the most recent example involving SharperImage.com and the integration of “buy now” mobile capabilities provided by Digimarc into its print catalogs.

Veteran information technology executive Joe Zucchero has joined the board of advisors at big data solutions provider Profitect.

Profitect said Zucchero’s expertise in IT operations, cross-organizational implementation, and an understanding of the technology needs of the retail industry aligned perfectly with the company’s suite of solutions.

Virtual Piggy has appointed Sébastien Motte to lead business development in the gaming sector.

Beaverton, Ore. -- Digimarc Corp. announced that SharperImage.com is using the Digimarc Discover platform to make it easy for consumers to simultaneously browse print catalogs, research and buy from their mobile device.

Electrolux North America has recently begun production on its first Memphis, Tenn.-made home cooking appliances.

The inaugural products produced at the Memphis facility, the Frigidaire and Frigidaire Gallery slide–in ranges, rolled off the assembly line, were crated and loaded onto trucks for warehousing and retail distribution throughout the United States. This marks the culmination of a two-year construction effort of the $266 million facility.

Waterloo, Ontario -- Descartes Systems Group announced that Sears Holdings Corp. has selected Descartes' home delivery solution to enhance its ability to serve customers and improve the efficiency of its home delivery operations.