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Predictive Analytics

  • Checkers & Rally to use pre-screening tool for real estate location decisions

    Checkers Drive-In Restaurants is employing a high-tech solution to help it expand throughout the United States.

    The fast-casual chain has partnered with Buxton to identify growth opportunities for Checkers & Rally's restaurants. The company, which operates and franchises both Checkers and Rally's restaurants, currently has more than 800 locations nationwide.

  • Lowes Foods makes exceptional loss prevention effort

    Knowing when things are right is important, but knowing when things are wrong may be even more vital.

  • RFID Update

    A seamless customer experience begins with a complete, real-time view of enterprise product assortment. However, RFID technology is taking this concept of “inventory awareness” to previously unimagined levels.

  • KEEPING PACE WITH EMV

    The theme of constant security vigilance also applies to the EMV chip-based card payment standard. Retailers are not the only ones that have been scrambling to adapt to EMV since the October 2015 mandate.

    “The chase is on,” said Brian Engle, executive director of the Retail Cyber Intelligence Sharing Center (R-CISC). “The introduction of EMV-compliant chip technology is driving fraudsters online.”

  • Constant Vigilance

    Even when security technology vendors and users are unaware of a vulnerability, cybercriminals may already be well aware and taking advantage.

  • MACY’S LEAVES NO ITEM BEHIND

    Macy’s is supporting a new omnichannel order fulfillment program called “Pick to the Last Unit” (P2LU) with Tyco’s TrueVUE RFID inventory visibility platform.

  • Winter Storm Jonas hurts revenue at Big Lots

    Big Lots says harsh winter weather hurt traffic counts and revenue, but the closeout retailer still posted increases in same-store sales for the fourth quarter.

    Big Lots reported income from continuing operations of $94.7 million, or $1.91 per diluted share, for the fourth quarter ended Jan. 30. Revenue dropped to $1.58 billion from $1.59 billion for the same quarter last year. Same-store sales increased 0.7%.It was the eighth consecutive quarter in which Big Lots has posted positive same-store sales.

  • Demandware: Mobile phones drive Q4 digital commerce

    In fourth quarter 2015, mobile phones served as the primary engine of online retailing.

    According to the fourth quarter “Demandware Shopping Index,” mobile phones were responsible for all growth in digital visit (112%) and basket (104%) size. Rates exceeding 100% indicate that digital visits and baskets actually shrank among users of tablets and PCs.

    Mobile phones also accounted for a solid 68% of majority of digital order growth, with tablets and PCs accounting for the other 32%.

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