Business Intelligence (BI)

Delia’s is still in the early stages of its turnaround efforts, but losses in the fourth quarter prompted the multichannel retailer that caters to teenage girls to offer preliminary results.

The company said that headwinds which continue to pressure the retail industry hampered its progress in the quarter.

Dallas — Zuri Furniture has deployed Yottaa Engagement Cloud to optimize user engagement and business performance. To scale online operations in the U.S. and Canada, Zuri sought a solution that could offer immediate results in improved conversions and revenue.

San Francisco — Retail analytics company Euclid has added three new executives to an already prestigious team. The company has hired John McAdoo as CFO, Adam Wilson as chief marketing officer (CMO), and Jeff Nuzum as senior VP of worldwide sales.

Minneapolis — A “phishing” attack using an email containing malware reportedly enabled hackers to gain access to Target’s computer network in 2013. According to the security blogger Brian Krebs, an employee at the HVAC vendor Fazio Mechanical in Sharpsburg, Penn. which includes Target among its clients, opened a fraudulent email that allowed hackers to enter Fazio’s network and take over a computer.

New York - A new Verizon report has found that too many businesses, following their annual assessment for meeting the Payment Card Industry Data Security Standard, fail to maintain ongoing compliance – putting the businesses at an increased risk for data breaches, and financial and reputational damages.

Ottawa, Canada - Price and product intelligence technology vendor 360pi has launched 360insights, a suite of integrated visualizations and dashboard reports that gives retailers real-time visibility into how they can immediately increase revenues and margins through adjustments to their pricing and product mixes. Retailers can have this same visibility into their own competitor and category set and the power to identify opportunities and take meaningful actions that will drive revenues and margins.

By Branden Jenkins, General Manager Retail, NetSuite

A retailer’s inventory is typically its top expense, and managing the right range of merchandise across channels and locations is a delicate balancing act. That balancing act only becomes more difficult when faced with today’s consumers who shop across multiple channels and have little patience for retailers who cannot meet the challenges of managing inventory and delivering real-time visibility across those channels.

San Bernadino, Calif. – Stater Bros. Holdings Inc. reported a substantial increase in net income, for the first quarter of fiscal 2014. Net income more than doubled to $11.1 million from $5.4 million in the same period a year earlier. Net sales rose almost 2% to $984 million, to $968.7 million.  

Same-store sales grew 1.4%. Jack H. Brown, chairman, president and CEO of Stater Bros., credited the supermarket retailer’s maintaining of a low-price market strategy during difficult economic times with boosting financial performance.

White Plains, N.Y. - IBM has unveiled the ‘Ready for Smarter Commerce’ program, a new ecosystem that gives clients access to certified pre-built partner solutions with integrated cloud, mobile and social capabilities. The ecosystem features partner-led solutions built on IBM Smarter Commerce capabilities such as IBM Commerce and IBM Digital Marketing Optimization.   

Domo, a software-as-a-service (SaaS) venture, has named Matt Belkin as chief strategic solutions officer and SVP of consulting.

In this role, Belkin will oversee the development of Domo's consulting organization and be responsible for developing “packaged solutions and best practices.”

Most recently, Belkin was VP of customer strategy at Adobe Systems' digital marketing division, which he joined from Omniture. He was part of the team there that helped grow the company's revenue from $20 million in 2004 to more than $1 billion in 2013.