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Predictive Analytics

  • Study: Same-store sales rise 1.3% in October

    Arlington, Virginia –- Brick-and-mortar retailers have at least one good piece of news to cheer them up this fall. U.S. same-store retail sales were up 1.3%, or $3.9 billion, in October 2014, driven by a 2.2% increase in dollars per transaction, according to data from the Applied Predictive Technologies (APT) Index and historical U.S. Census data.   
  • Study: Amazon doubles overall e-commerce same-store sales in Oct.

    Morrisville, N.C. --  Amazon.com’s same-store increase rate dropped from September to October 2013, but still more than doubled the same-store sales growth rate of overall e-commerce. According to data from cloud-based e-commerce solutions provider ChannelAdvisor, Amazon's October same-store sales came in at 32.4%, a decrease compared to August's 37.9%.  
  • Lowe’s provides omnichannel fulfillment with JDA-IBM solution

    Mooresville, N.C. –- Lowe’s Companies Inc. is among the first users of an omnichannel fulfillment solution that is being jointly developed by JDA Software Group Inc. and IBM. The new initiative from the two technology providers will combine JDA intelligent fulfillment and labor productivity solutions with IBM Commerce and order management technology.  
  • Lowe’s leans on new IBM and JDA offering

    IBM and JDA Software Group have developed an integrated omnichannel supply chain solution to help retailers address what today is arguably the greatest operational challenge facing most retailers.

  • In era of app overload Shopfeed eyes simplicity

    A new app from Shopfeed is designed to streamline the product discovery process in a world where new products are said to be mentioned 400 million times a day online.

    Shopfeed launched its new app to offer the most updated trends from magazines, blogs, and celebrities, all in one place by creating lists from the best of the Web in areas such as style, home, technology and entertainment.

  • RetailNext names IBM exec to marketing role

    Marc Dietz has joined big data analytics provider RetailNext as chief marketing officer.

    Dietz joins RetailNext from IBM where he led worldwide marketing for the company's SaaS portfolio, including multiple acquisitions such as DemandTec, Coremetrics, and Silverpop. Prior to the $440 million acquisition of DemandTec by IBM, Dietz led all marketing efforts at the cloud-based analytics provider for retailers and consumer products companies. He helped grow DemandTec from an early stage through IPO in 2007, and the IBM transaction in 2012, according to RetailNext.

  • RetailNext names IBM exec as chief marketing officer

    San Jose, Calif. -- RetailNext Inc., a leader in applied Big Data for physical retail, named Marc Dietz as its chief marketing officer.    Dietz comes to RetailNext most recently from IBM where he led worldwide marketing for the company’s SaaS portfolio, including multiple acquisitions such as DemandTec, Coremetrics, and Silverpop.   
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