Business Intelligence (BI)

Washington, D.C. -- Commercial real estate information company CoStar Group has signed a definitive agreement to acquire LoopNet, the leading online commercial real estate marketplace.

“CoStar revolutionized how the industry researches commercial real estate and LoopNet revolutionized the way the industry markets commercial real estate," said Andrew C. Florance, president and CEO, CoStar. "We expect the combination of our companies to give the $11 trillion commercial real estate market the full benefit of the Internet."

Roseville, Calif. -- Revionics, Roseville, Calif., a leading provider in retail life cycle price-optimization solutions, announced that Fairway Market has selected the Revionics Price Optimization solution for base pricing.

Minneapolis -- Target Corp. has joined the U.S. Environmental Protection Agency's (EPA) GreenChill program. The program further Target's efforts to reduce refrigeration emissions by adopting green refrigeration technologies in its stores.

New York City -- Chain Store Age will present a Webinar on Tuesday, April 26, at 2 p.m. EST (11 a.m. Pacific) that will include results of its exclusive survey on how retailers are using business intelligence tools.

Seattle -- Starbucks Coffee Co. met its 2010 goal of purchasing renewable energy equivalent to half of the electricity used in its North American company-owned stores, the company reported in its tenth annual "Global Responsibility Report." The report details Starbucks’  fiscal 2010 performance in environmental stewardship, ethical sourcing and community involvement.

Toronto -- Web-based task management and store communications provider Opterus said that sporting goods retailer Retail Concepts has implemented Opterus Store Ops-Center.

According to Opterus, Retail Concepts, which operates stores under the Sun & Ski Sports banner, is looking to increase operational productivity by more than 20%.

Dallas -- Finance solution-provider Trintech announced that international food retailer Delhaize Group has implemented its AssureNET GL software for financial process compliance.

AssureNET GL is a component of Trintech's Unity platform, a suite of modular software that empowers companies to automate their Last Mile of Finance to increase efficiency, improve visibility, shorten cycle times, lower costs, and reduce risk.