Business Intelligence (BI)

Miami -- NGC said Tuesday that Aeropostale has selected its supply chain management software as the retailer’s international supply chain management system.

According to NGC, Aeropostale wanted to improve visibility, collaboration and communication between its vendors and international licensees.

Heading into last Friday’s annual meeting, the financial community had high expectations Walmart would allocate additional funds to buy back stock, and the company didn’t disappoint. The $15 billion share repurchase authorization CFO Charles Holley announced replaced an existing $15 billion program approved one year earlier that had dwindled to just $2 billion due to the fact that Walmart was an aggressive purchaser of its own stock during the past 12 months.

Grand Rapids, Mich. -- Roundy's Supermarkets has signed a contract with Grandville Printing Co. (GPC) to digitally print in-store shelf tags and price signs every week.

Roundy's has fully deployed the GPC Nexgen program where shelf edge tags and price signs are delivered bursted and boxed in planogram order by aisle for each individual store.

Cincinnati -- The day before most retailers report monthly results, Macy’s said Wednesday that same-store sales climbed 7.4% in May and total revenue rose 8.5% to $1.94 billion.

The department store operator also raised its expectations for the second quarter, saying it now expects second quarter same-store revenue to climb about 5%. Its prior forecast called for an approximately 4% increase.

CINCINNATI — The day before most retailers report monthly results, Macy’s said Wednesday that same-store sales climbed 7.4% in May and total revenue rose 8.5% to $1.94 billion.

The department store operator also raised its expectations for the second quarter, saying it now expects second quarter same-store revenue to climb about 5%. Its prior forecast called for an approximately 4% increase.

SAN FRANCISCO  — PowerReviews, a provider of social commerce solutions, announced that it has appointed former Google executive Keith Adams as CFO. 

Redwood Shores, Calif. — Oracle on Thursday unveiled a prebuilt business intelligence application for retailers.

The new application, Oracle Retail Merchandising Analytics, uses Oracle Business Intelligence applications to access and analyze data from multiple applications such as financial and workforce management, customer relationship management (CRM) and retail operations.

The warehouse club channel remains one of the hottest segments in retail as evidenced by the solid third-quarter results Costco reported earlier this week on the heels of the equally solid first-quarter results Sam’s Club reported last week.

Although the company’s operate on different fiscal years, the quarterly periods are comparable with only one week separating Costco’s May 8 third-quarter end date from Sam’s Club’s April 30 end date.