Predictive Analytics

Shopko Stores is looking more closely at how it uses store space and how customers fill their baskets.

The retailer has renewed its license of APT’s Test & Learn and Market Basket Analyzer software and APT’s Space Planning Optimizer software. 

Chicago -- Positive economic, retail and consumer trends are setting the stage for a positive back-to-school season, according to consumer insights and location-based analytics provider ShopperTrak.

A new infographic from the company details key trends and also reveals the important role millennials will play in back-to-school shopping.  

Hoboken, N.J. – Newly launched Amazon rival Jet.com promises to deliver the lowest prices available online through a dynamic pricing system that constantly scans the Internet for the best possible deals.

Camp Hill, Pa. – The temperature wasn’t the only thing rising at Rite Aid stores during July 2015.

Same-store sales rose 2.4%, with front-end same store sales increasing 0.1%. Pharmacy same-store sales, which included an approximate 2.21% negative impact from new generic introductions, increased 3.4%.

Skechers USA Inc., which recently passed Adidas to become the number two athletic footwear brand in the United States, is on the fast track.

The company, whose second quarter sales beat estimates, has carved out a lucrative niche in casual athletic footwear and in kids’ athletic footwear. It is in expansion mode, with plans to open 125 to 135 company-owned and third-party-owned stores later this year.

For the first time in history, business and consumers can be robbed and conned by strangers who are thousands of miles away and nearly impossible to catch. The e-commerce ecosystem is clearly struggling to cope with all the new and multiplying forms of fraud.

WOONSOCKET, R.I., and ARMONK, N.Y. — CVS Health and IBM on Thursday announced they will use predictive analytics and Watson cognitive computing for care management services for patients with chronic disease.

A week after releasing more than 60 new cloud products and solutions through its cloud computing subsidiary Aliyun, Alibaba is making more bold moves.