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Business Intelligence (BI)

  • Staples bolsters global IT organization with new hire

    Staples has named Tom Conophy as EVP, chief information officer, overseeing all aspects of Staples’ global IT organization. He will report directly to Ron Sargent, Staples’ chairman and CEO, and will serve on the Staples executive committee.

  • Walgreens opens nation’s first net zero energy store

    Evanston, Ill. -- Walgreens on Thursday opened what is believed to be the nation’s first net zero energy retail store (a net zero building produces energy equal to or greater than it consumes). Located in Evanston, Ill., the store features two wind turbines, nearly 850 solar panels and a geothermal system burrowed 550 ft. into the ground. Engineering estimates indicate that the new Walgreens will use 200,000 kilowatt hours per year of electricity while generating 220,000 kilowatt hours per year.

  • Stage Stores Q3 loss widens; cuts forecast

    New York -- Stage Stores said Thursday that its fiscal third-quarter loss widened as some expenses rose. The company cut its fiscal 2013 adjusted earnings forecast.

    The department store retailer lost $11 million for the period ended Nov. 2, compared to a loss of $8.9 million.

    Revenue declined 3% to $360.2 million, from $370.6 million. Same-store sales fell 4.6%.

    Selling, general and administrative expenses climbed to $98.6 million from $92.5 million during the quarter. Interest expense increased to $718,000 from $568,000.

  • Bon-Ton posts smaller-than-expected loss in third quarter

    New York -- Bon-Ton Stores narrowed its loss in the third quarter to $931,000, compared with a loss of $10.1 million in the year-ago period.

    Revenue dipped 3% to $651.2 million from $668.7 million, narrowly missing analysts’ expected $671.2 million in revenue.

    Same-store sales fell 2.8%.

  • Verizon identifies key enterprise tech trends for 2014

    New York -- Enterprise users will gain unprecedented control over their technology environment in 2014. This is the overarching theme of the key enterprise technology trends Verizon has identified for 2014.

    In brief review, the trends include:

    The Customer of One Comes of Age

  • Report: Merchandisers seek speed in applications

    Walnut Creek, Calif. – Retail merchandisers are expressing a pragmatic need for speed in future merchandising applications. According to a new study from RSR Research, “Merchandising Today: Benchmark 2013, 28%” top-performing retail “winners” are already investigating simplifying their IT environments with cloud-based merchandising technology.

  • Family Dollar focuses on mobile strategy

    Family Dollar is turning to Propelics, a provider of enterprise mobile strategy and mobile apps, to help it improve its mobile strategy.

  • All Data Leads to the Customer

    Workforce management data, such as time and attendance and payroll, is generally seen as information pertaining to the back end of retail operations. Managing employees is an activity that generally does not involve front-end customer interaction and data generated from this activity is usually siloed from the data retailers use to help guide their customer-facing activities.

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