Predictive Analytics

Retailers are surely getting tired of hearing about how their digital capabilities fall short of customer expectations but that familiar drumbeat is contained in a new report from Capgemini Consulting called, “Fixing the Cracks: Reinventing Loyalty Programs for the Digital Age.”

Conshohocken, Pa. -- Ikea announced plans to install a fuel cell system at its location in Emeryville, California. Consistent with the retailer’s focus on emerging energy technologies, is the first Ikea in the world to convert biogas into electricity through a clean electro-chemical process. The fuel cell system will be installed, commissioned and activated by this summer, 2015.

Ikea contracted Bloom Energy, Sunnyvale, California, for the design, development and installation of the fuel system.

By Todd Weller, Hexis Cyber Solutions

For retailers, it’s now no longer a matter of “if” you will be compromised by a cyberattack, but “when” you will be. But they can mitigate the impact of attacks now and in the future by preparing a response plan with policy-based automation.

Washington, D.C. - The Retail Cyber Intelligence Sharing Center  has expanded the capabilities of its Retail Information Sharing Analysis Center (Retail ISAC) with the establishment of an intelligence sharing portal managed by the Financial Services Information Sharing and Analysis Center (FS-ISAC).

San Francisco – Sephora has chosen Vector Security as its partner while it focuses on technology upgrades to enhance loss prevention in its North American locations. Those upgrades include migration from analog to IP cameras, as well as conversion to newer alarm panels and electronic article surveillance (EAS) technologies.

Clean, quiet and efficient are the benefits 99 Cents Only expects to derive from a switch to natural gas fueled vehicles at its main distribution center in California.

The extreme value retailer said it opened a fully operational compressed natural gas (CNG) filling station on site at the company's main distribution center in the Los Angeles suburb of City of Commerce. The move is the final step in the company's plan to adopt a green approach to a private fleet operation that serves 383 stores in California, Arizona, Nevada and Texas.

Chapel Hill, N.C. - Kirkland's Home has overhauled its planning architecture and strategy with a customized, automated assortment planning solution based on Oracle technology. Replacing a previous manual planning system, Oracle implementer Veltio configured the Kirkland's assortment planning solution to address the retailer’s specific challenges.  

New York – Multicultural consumers are growing in importance as the U.S. increasingly becomes a multicultural country. According to an upcoming study from Nielsen, “The Multicultural Edge: Rising Super Consumers,” multicultural consumers today are leaders in technology adoption.

A strengthening dollar hurt Tiffany & Co. a lot more than Wall Street was expecting in the fourth quarter, as the upscale jeweler reported a surprising sales decline.

The Next Big Thing in e-commerce is set to launch in late May according to Marc Lore, CEO of a new online Marketplace called Jet that blends aspects of the traditional warehouse club model with a new approach to dynamic pricing and fulfillment.

Lore said the Jet board of directors is scheduled to meet on May 7. At that time he expects the platform will be ready for launch and the board will pick a specific launch date within the following two week window.