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Business Intelligence (BI)

  • DSW steps up, beats Q3 expectations

    DSW Inc. exceeded Wall Street expectations for net income and sales in the third quarter.

    Net income fell a less than expected 10% to $49.5 million from $54.9 million the same quarter a year earlier, with higher operating expenses and lower pretax income contributing to the decline.

    Sales totaled $670 million compared to $633 million in the prior-year quarter and same-store sales rose 2.6%.

  • Savings.com launches real-time pricing app

    Los Angeles – Online coupon/deals site Savings.com, is launching the PriceJump mobile application for iOS. The new app leverages real-time pricing data from more than 5,000 online retailers, local stores and Amazon.com to find shoppers the lowest price on any item they want to buy.

  • CVS Health Goes Platinum: Store uses 40% less energy, 50% less water

    By Laura Klepacki   
     On the site of a former gas station in West Haven,  Connecticut., CVS Health has unveiled its most environmentally progressive and energy efficient store so far.
    For starters, the LEED Platinum-certified drug store boasts day lighting, a landscape design that doesn’t require irrigation, super-efficient HVAC units and LED-lit coolers that light up when approached. (Platinum is the highest distinction in the Leadership in Energy and Environmental Design program.)

  • Guest Commentary: Black Friday - Retailers are doing it wrong

    By Jason Becker, RICS Software   Retailers – take a step back from Black Friday weekend this year.    I’m not suggesting you shouldn’t move forward with your promotions and sales. Everyone knows that Black Friday weekend can be one of the most profitable times of the year for retailers. But relying too much on this crazy weekend of shopping to generate holiday season profits is a big mistake.  

  • X Team International reports $746 million in 3Q transactional volume

    Boston - X Team International, an international alliance of retail real estate advisors with expertise in more than 45 major markets throughout the U.S. and Canada, released third quarter transactional volumes totaling $746 million, bringing its year-to-date transactional volume to more than $2.24 billion.   

  • Walmart lights the way on solar energy

    Walmart is fulfilling its promise earlier this year to make a big investment in solar energy: The retailer has accepted bids from SunEdison and SolarCity to install as many as 400 new solar systems on its facilities over the next four years.  

  • L Brands beats Street with strong Q3 profit

    Columbus, Ohio – L Brands Inc. beat Wall Street projections with net income of $131.8 million during the third quarter of fiscal 2014, up 43% from $91.99 million the same period the prior fiscal year. A boost in pretax income helped drive L Brands’ impressive profit growth.   Net sales rose 7% to $2.32 billion from $2.17 billion, and same-store sales increased 5%. 

  • Retail Strategy: Top Issues Facing Retail CIOs

    Retail Strategy: Top Issues Facing Retail CIOs  David Dorf, Oracle   It wasn’t long ago that the main expectations for the retailer CIO were to keep the servers running, desktops patched, and store-based POS systems taking money.  Today, the CIO fulfills a more strategic role, one that impacts the organization’s ability to adapt to changing consumer preferences, preserve margins and serve customers.  Here is a look at the top issues facing retail CIOs today:   

  • Analysis: Five Steps to Data Breach Prevention

    When was the last time you were witness to a shopper paying for a purchase with actual cash?   In today’s retail market,  the majority of shoppers are leveraging credit and debit cards for their purchases – the more progressive group has even started using mobile wallet options. Although the mobile payment adoption rate is increasing, industry experts realize that with convenience comes the burgeoning of security risks such as data breaches. 

  • Walmart to see clearly for three more years

    Lost in the crush of holiday related news this week was a supply chain visibility related announcement involving Walmart and an obscure company called I.D. Systems, Inc.

    Walmart uses I.D. System’s trailer and tracking management services branded as VeriWise to manage a range of logistics assets. The new development this week involved a three year contract extension whereby Walmart will continue using I.D. System’s services.

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