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Business Analytics

  • EBay beats Street on Q3 revenue; lowers full-year forecast

    San Jose, Calif. -– EBay Inc. beat Wall Street estimates with its third quarter revenue results but lowered its forecast for full-year sales due to the impact of a May 2014 security breach. Net income fell 2% to $673 million from $689 million in the third quarter of fiscal 2013.  
  • SGI releases tool to scale SAP HANA

    Milpitas, Calif. –- SGI, a provider of data analytics solutions and an SAP global technology partner, has introduced SGI UV for SAP HANA.  It is a purpose-built, in-memory computing appliance for growing environments running the SAP HANA platform.   
  • Price investments hinder Supervalu profits

    Supervalu president and CEO Sam Duncan is encouraged with the progress the retailer is making and why not. Identical store sales in the company’s Save-A-Lot units were up 6.5% in the second quarter.

    The company’s total sales for the period ended September 6, increased 1.8% to $4.02 billion while profits declined to $31 million, or 11 cents a share, from $40 million, or 15 cents a share. When adjusted for some non-recurring items, second quarter earnings were $34 million, or 13 cents a share.

  • eBay enables more commerce in Q3

    Enabled commerce volume at eBay surged 27% in the company’s third quarter with cross border trade showing particular strength, but it wasn’t enough to prevent the company from revising downward its full year outlook.

  • Whole Foods Market deploys Voxware’s voice technology in its distribution centers

    Hamilton, N.J. -- Voxware, a voice application company, announced that Whole Foods Market saw productivity gains of 25-35% after implementing the latest version of Voxware’s voice solution in the grocer’s largest distribution center. Whole Foods has expanded its deployment of Voxware Voice Management Suite to its other nine DCs with scheduled completion in Oct. 2014.  
  • Dollar General maintains opening price point leadership in Kantar study

    Boston -- Dollar General maintains its overall opening price point leadership position in Kantar Retail’s fourth annual opening price point (OPP) study. For the third consecutive year, Dollar General‘s overall basket was the least expensive, edging out Walmart supercenter’s basket by 2.5%, representing a widening of the gap between the two in the 2013 study.   
  • ECRM: Retail circular advertising trends, September 2014

    ECRM compared retail circular advertising in September 2013 versus September 2014 and noted trends occurring across top retail chains. In the aftermath of back-to-school season, Walmart and Staples appear to be trying to clear out all remaining school and office supplies. Staples accomplished this by improving its previous offer of $5 off with purchase of $30 to $10 off and also cut backpack prices by 50%. Walmart shifted the focus from school to office, with a “Run Your Business for Less” promotion.

  • ChannelAdvisor: Amazon, EBay same-stores sales soar in September

    Morrisville. N.C. – Same-store sales soared at Amazon.com and EBay during September 2014. According to e-commerce technology provider ChannelAdvisor, Amazon's September same-store sales growth came in at 37.9%, a decrease compared to August's 45.1%.  

    Even with a decrease from August to September, 37.9% is more than twice the growth rate of e-commerce.

  • EnTouch Controls honors Corner Bakery Café for energy efficiency

    Dallas -- EnTouch Controls awarded Corner Bakery Cafe the company’s annual Environmental Sustainability Award for its commitment to energy efficiency. The award is given to businesses that have made a significant positive impact on the environment.

  • Texas and the Carolinas drive September sales at Stein Mart

    Texas and the Carolinas drove the strongest sales at Stein Mart in September, while California, Arizona and the Northeast performed lower than the chain.

    The company reported total sales for the five-week period ended Oct. 4 of $119.4 million, a 6.5% increase over total sales of $112.2 million for the prior-year period. Comparable store sales increased 4.9%.

    Year-to-date total sales increased 3.1% to $832.9 million from $807.8 million for the prior-year period. Comparable store sales increased 2.4%.

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