Business Intelligence (BI)

Leading third party logistics provider Transplace acquired fellow 3PL Logistics Management Solutions in a deal that extends the company’s expertise to chemical and industrial manufacturing.

Boston -- The current use of social media data by retailers for merchandise planning is limited, with only 39% using it for product development and only 35% using it for promotional planning.

Boston -- The current use of social media data by retailers for merchandise planning is limited, with only 39% using it for product development and only 35% using it for promotional planning.

Boston -- The current use of social media data by retailers for merchandise planning is limited, with only 39% using it for product development and only 35% using it for promotional planning.  

St. Petersburg, Fla. -- HSN Inc. beat Wall Street expectations for profit and revenue in the third quarter of fiscal 2014. Net income totaled $39.5 million, down 6% from $42.1 million in the prior year period.   A higher effective tax rate helped decrease profits at HSN. Net sales rose 5% to $837.5 million from $798.9 million. Digital sales were up 7% and mobile sales increased 37%, with mobile now representing 16% of HSN’s total business.  

Scottsdale, Ariz. -- 360pi and JDA Software are partnering to optimize local pricing recommendations for retailers. This partnership integrates 360pi’s zone-based pricing intelligence for national and private label brands with JDA’s rules-based Strategic Pricing solution, part of JDA’s larger Price and Promotion Management portfolio.   

By Paul Rauker, VP of systems and controls at Daikin Applied  

San Jose, Calif. -- Verifone is making its secure commerce architecture, designed to significantly reduce merchant exposure to large-scale data breaches, available globally. The new architecture is also designed to reduce the certification burden on U.S. merchants, acquirers and other payment providers looking to enable EMV acceptance.  

Long Beach, Calif. –- To meet the growing demand for cost-effective, reliable peripheral connectivity in mobile and tablet POS environments, Epson offers two new OmniLink smart printers, the TM-T88V-i and the TM-T20II-i.  

In the rapidly changing landscape for payments, market leader Vantiv is changing more rapidly than most as evidenced by dramatic growth in its transaction volume, revenues and profits.

Each of those measures surged during the company’s third quarter ended September 30. Thanks in large part to acquisitions, transaction volume in the merchant service group increased 31% which caused net revenue to increase 42% to $297.7 million. The company’s total revenue increased 31% to $697.1 million while adjusted net income increased 21% to $96.9 million, or 49 cents a share.