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Business Intelligence (BI)

  • Applebee’s reduce lighting-related energy use by 88% with LEDs

    Satellite Beach, Fla. -- Lighting Science Group Corp. has collaborated with Applebee’s Neighborhood Grill & Bar to monitor, evaluate and markedly reduce energy usage for lighting in Applebee’s 23 company-owned restaurants. Through the installation of ultra-efficient and design-enhancing LED lamps, Applebee’s should net an energy reduction for lighting of 88% per year.

  • Stein Mart to restate prior period financial results

    Jacksonville, Fla. -- Stein Mart Inc. announced Friday that it will restate its financial statements for fiscal years 2009, 2010 and 2011, its quarterly data for the first quarter of 2012 and for all quarters in 2010 and 2011, as well as its selected financial data for the relevant periods due to merchandising accounting errors.

  • Starbucks goes live with Square Wallet mobile payment application

    Seattle -- Starbucks Coffee Co. on Thursday started will accepting Square’s mobile payment application, Square Wallet, in approximately 7,000 U.S. Starbucks stores.

    The new application, which allows customers to pay at Starbucks and explore nearby businesses, browse menu information, store hours and transaction history on their phone, is in addition to Starbucks own mobile payment applications on iOS and Android.

  • The Birth of a Trend: Using Social Analytics to Predict Trends

    By Dr. Trevor Davis, [email protected]

  • Macy's headed into holidays on heels of strong Q3

    CINCINNATI — Macy’s Inc. is well positioned for strong holiday season as it continue to report quarterly sales and earnings growth.

  • OfficeMax Q3 profit leaps on extinguished Lehman liability

    Naperville, Ill. -- OfficeMax Inc. reported Tuesday that net income for the third quarter jumped to $433.5 million from $22 million in the same period last year, as the office supply retailer eliminated non-recourse debt guaranteed by Lehman Bros. Holdings from its books.

    Revenue dipped 1.7% to $1.74 billion, missing Wall Street’s expected $1.87 billion. Same-store sales fell 2.1%.

  • Deloitte, CMO Compliance partner to help improve food, product safety

    NEW YORK — Deloitte has teamed up with software solutions provider, CMO Compliance to provide solutions to consumer product, food service, retail and distribution companies.

    The partnership will provide clients with a full suite of tools for risk management, the companies said.

  • How to Prepare for the 10 Busiest Holiday Shopping Days

    By Bill Martin, ShopperTrak Founder

    The ShopperTrak holiday forecast for increased sales and foot traffic should encourage retailers. Our analysis suggests the 38 shopping days between Thanksgiving and New Year’s Eve — coupled with two “extra” weekends — will contribute to a strong shopping season.

    To recap the forecast:

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