Business Analytics

New York – Data breaches in the state of New York more than tripled between 2006 and 2013, exposing 22.8 million records. According to Bloomberg, a report from the New York attorney general’s office indicates almost 5,000 data breaches were reported in New York during those seven years.

Dollar Tree has appointed former Tractor Supply executive Randy Guiler as VP of investor relations. Guiler succeeds Timothy Reid, who is retiring.

Randolph, N.J. -- Retailers are behind Amazon in analytics maturity, according to a new research report from EKN Research. Eighty percent of retailers say they are behind Amazon in analytics maturity, and 71% of retailers perform either basic analytics reporting or none at all – revealing retailers’ inability to take advantage of the data that is available to them.
 

Tractor Supply is scheduled to provide complete second-quarter results in just under two weeks. But the first half of the quarter was affected by bad weather, which caused softness in sales, particularly in seasonal merchandise, prompting the company to lower its full-year guidance.

Toano, Va. – Lumber Liquidators reported a 7.1% decline in same-store sales and reduced its outlook for new store openings and earnings in a business update for the second quarter of fiscal 2014. Net sales for the quarter grew 2.3% to $263.1 million, from $257.1 million in the second quarter of 2013, well below Wall Street estimates of $303 million.

New York - Imports to the U.S. were steady in May 2014 from the previous month, though there was a measurable year-over-year increase. Data from supply chain research firm Panjiva shows that May 2014 showed levels of imports 4% above imports in May 2013.

Matthews, N.C. -- Family Dollar Stores’ third quarter income plunged 33% amid higher costs and increased competition. Same-store sales fell 1.8%, which marked the third straight quarterly decline.

Family Dollar is under pressure from activist investor Carl Icahn to put itself up for sale. The company has adopted a shareholder rights plan, or "poison pill."

Though sales were up 3% and income increased 1% for WD-40 Company in the third quarter, shares for the lubricants and cleaner supplier were down more than 6% Thursday morning after management narrowed the full-year guidance.

Net sales for the quarter came in at $95.7 million, up from $93.1 million in the same quarter last year. This was largely carried by sales of multi-purpose maintenance products; sales of homecare and cleaning products decreased 1%.

Dallas — SRS Real Estate Partners has promoted Laura Tinetti to senior VP in the San Francisco office.

Tinetti joined SRS in 2006 and, in the past eight years, has completed more than 150 retail transactions valued at approximately $300 million.

Richmond, England - Sirma Solutions JSC is releasing Loyax, a white label loyalty platform. Loyax provides businesses with reporting and analytics designed to enable companies to understand their customers and offer personalized rewards based on customer buying behavior.