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Business Intelligence (BI)

  • Consumer confidence takes a hit in October

    Consumer confidence experienced an October surprise of sorts after reaching a nine-year high in September.   The index now stands at 98.6, down from 103.5 last month.  

  • Report: Retailers will lose $50 per person in shrink this holiday season

    The retail loss burden overall is expected to be $132 per person this year.   However, $50 of this loss — about twice as much as in other calendar quarters — is expected to be incurred in this holiday season, according to “The 2016 Retail Holiday Season Global Forecast” from Checkpoint Systems. The report provides an analytical view of business risks that major retailers face during this holiday season.   

  • Three Pieces of External Data Impacting Retailers’ Bottom Lines

  • Ashley Furniture optimizes supply chain operations

    Optimizing shipments between warehouses and customers homes is not an easy task.    For Ashley Furniture this process becomes even more complex as it continues to create more efficient means to manages more than 7,000 storekeeping units (SKUs) filtering through the company’s retail network, which is comprised of 660 Ashley HomeStore locations in 35 countries.  

  • Staples moves beyond office supplies with new licensing efforts

    Staples is getting into the licensing game as a means of expanding its brand. It’s first target — document storage.  

  • Sears names new finance head; consolidates some finance functions

    Sears Holdings announced that Jason Hollar has been promoted to CFO, effective immediately.     Hollar succeeds Robert A. Schriesheim, who the chain previously announced would be departing to focus on his other business interests and pursue other career opportunities.    Hollar, 43, joined Sears Holdings in October 2014 as senior VP, finance, overseeing the financial planning & analysis function, the business finance relationship with centralized finance, and procurement. 

  • Study: RFID commitment doubles

    It has been a long haul, but radio frequency identification (RFID) is finally making its bones in retail.   In 2014, 34% of retailers either implemented or were in the process of adding or piloting RFID. Fast-forward to 2016, and those results have doubled to 73%, according to the “Kurt Salmon RFID in Retail Study 2016.”  

  • Study: Retailers struggle to deliver personalization

    Retailers know that personalization equates to higher sales, but companies still struggle with execution.    Specifically, retailers are eager to offer personalized experiences to achieve higher sales. Failing to remove unintended barriers are only overwhelming shoppers, who then abandon shopping carts.  

  • Study: End-user experience critical to optimal decision-making

    Digital infrastructures are growing more complex, and taking a toll on decision-making.   Eighty percent (80%) of IT operations leaders reported that end-user experience monitoring (EUM) is very important or critical to delivering business outcomes. However, as distributed infrastructures grow in complexity, it is becoming more difficult to provide information needed to make business decisions, according to a study by analyst and consulting firm Enterprise Management Associates (EMA).  

  • Weis Markets taps tech exec as new CIO

    Weis Markets has appointed R. Gregory Zeh, Jr. as VP/CIO of the company.    Zeh will oversee Weis’ day-to-day information technology functions, working in support of marketing and merchandising, supply chain and in-store management retail applications.   
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