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Predictive Analytics

  • Conference Board: Consumer confidence down unexpectedly in November

    Washington - The Conference Board said Tuesday that consumer confidence in November fell to a reading of 88.7, down from a revised 94.1 in October. The drop, which surprised analysts, put the index at its lowest level since June.   "Consumer confidence retreated in November, primarily due to reduced optimism in the short-term outlook,” said Lynn Franco, director of economic indicators, Conference Board.  
  • CVS Health Goes Platinum

     

    On the site of a former gas station in West Haven, Connecticut, CVS Health has unveiled its most environmentally progressive and energy-efficient store so far.

    For starters, the LEED Platinum-certified drug store boasts daylighting, a landscape design that doesn’t require irrigation, super-efficient HVAC units and LED-lit coolers that light up when approached. (Platinum is the highest distinction in the LEED program.)

  • Positive sign: Holiday desktop online spending up 11% in first 23 days of November

    Reston, Va. - For the holiday season-to-date, $17.5 billion has been spent online using desktop computers, an 11% increase versus the corresponding days last year, according to comScore.  Friday, November 21 has been the heaviest online spending day of the season to date at $914 million in desktop spending. Two other individual shopping days (Wednesday, Nov. 12 and Wednesday, Nov. 19) have also surpassed the $900 million threshold.  
  • Streamlining the DC

    Optimized centers provide greater flexibility

  • Retail Forecast 2015

    Recent trends bode well for consumer spending    

    Blue skies and cool breezes. That’s the economic forecast as the calendar turns for a new year.

  • DSW steps up, beats Q3 expectations

    DSW Inc. exceeded Wall Street expectations for net income and sales in the third quarter.

    Net income fell a less than expected 10% to $49.5 million from $54.9 million the same quarter a year earlier, with higher operating expenses and lower pretax income contributing to the decline.

    Sales totaled $670 million compared to $633 million in the prior-year quarter and same-store sales rose 2.6%.

  • CVS Health Goes Platinum: Store uses 40% less energy, 50% less water

    By Laura Klepacki   
     On the site of a former gas station in West Haven,  Connecticut., CVS Health has unveiled its most environmentally progressive and energy efficient store so far.
    For starters, the LEED Platinum-certified drug store boasts day lighting, a landscape design that doesn’t require irrigation, super-efficient HVAC units and LED-lit coolers that light up when approached. (Platinum is the highest distinction in the Leadership in Energy and Environmental Design program.)

  • Survey – Three in 4 Americans have made impulse purchase


    Austin, Texas - Three in four Americans have made an impulse purchase. According to a new CreditCards.com report, nearly 90% of millennials said they had made an impulse purchase, compared to just 56% of seniors. And in an interesting finding,  men were nearly three times more likely than women to impulse buy while “intoxicated,” while women were twice as likely as men to impulse buy while “sad.”   The most common emotions at the time of purchase? “Excited” and “bored.”

  • Guest Commentary: Black Friday - Retailers are doing it wrong

    By Jason Becker, RICS Software   Retailers – take a step back from Black Friday weekend this year.    I’m not suggesting you shouldn’t move forward with your promotions and sales. Everyone knows that Black Friday weekend can be one of the most profitable times of the year for retailers. But relying too much on this crazy weekend of shopping to generate holiday season profits is a big mistake.  
  • Analysis: Retail Forecast 2015

    By Phillip M. Perry New York  - Blue skies and cool breezes.  That’s the economic forecast as the calendar turns for a new year. Retailers looking to bolster revenues and profits over the next 12 months should benefit from a gradual improvement in the ability and willingness of shoppers to spend.   
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