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Predictive Analytics

  • RetailNext: July shopping trends show some improvement

    San Jose, California – U.S. shopping trends showed some improvement in July 2014, although not all metrics experienced positive change, compared to the same month a year earlier. According to the RetailNext Insights Report of more than 13 million shopping trips in July 2014, sales per shopper increased 3.5% from July 2013.

  • Market Basket expands use of Revionics pricing

    Austin, Texas -- Market Basket Grocery Stores, a privately-owned grocer with 34 full-service supermarkets in the East Texas and Louisiana region, has renewed and expanded their agreement for Revionics Life Cycle Pricing Optimization. They expanded the agreement to also include Revionics Advanced Analytics services, such as the Key Value Item (KVI) Analysis, which will enable them to leverage science to better align their KVIs with shopper behavior and the competitive landscape.

  • CST Brands Q2 net income drops; 38 new stores planned

    San Antonio – Motor fuel and convenience store operator CST Brands Inc. reported net income of $32 million in the second quarter of fiscal 2014, down 22% from $41 million in the second quarter of the prior fiscal year. Until May 1, 2013, CST was still a wholly owned subsidiary of Valero and, as such, second quarter 2013 results do not include all of the expenses associated with being a public company.

  • SkinStore uses Coherent Path predictive tool

    Gold River, Calif. – Specialty online health- and beauty-care retailer SkinStore is using predictive technology from Coherent Path to help deliver personalized offers that build long-term customer loyalty. The cloud-based Coherent Path solution is designed to enable retailers to understand the trajectory of customer journeys and deliver the products, offers and experiences that drive satisfaction, loyalty and customer lifetime value.

  • mShopper stands up to Google

    Mobile commerce platform provider mShopper is facing off with Google over responsive web design, and is driving a petition requesting an amendment to Google's stance on the matter.

    mShopper recently launched a new mStore designed to help online retailers drive conversions and improve sales using mobile devices. According to mShopper CEO David Gould, responsive web design will have an adverse effect on mStore and mobile commerce in general.

  • Three Lessons Digital Retailers Can Learn From Fishing

    Now that the dog days of summer are here, it’s a perfect time to go fishing. While fishing may be the opposite of work (at least if done properly), there are still valuable lessons digital retailers can take from the ocean, lake or stream back to the office. Here are a few fishing-related digital retail tips even non-anglers can follow.

  • Office Depot seeks data advantage

    Office Depot’s is looking to elevate its business performance with a range of new insights and operational capabilities resulting from an expanded relationship with Teradata.

    Office Depot had an existing relationship with Teradata, a leading provider of analytic data platforms, marketing applications and related services, but its involvement with the technology leader is expanding at a time when Office Depot is looking to elevate its performance in the wake of last year’s merger with OfficeMax.

  • Office Depot selects Teradata for large data warehouses capabilities

    Atlanta -- Teradata, the analytic data platforms, marketing applications, and services company, announced that it is working with Office Depot to expand the retailer’s enterprise data warehouse (EDW) with the very latest Teradata platforms and innovation. The new Teradata Active EDW can support the most demanding real-time workloads, with the ability for unlimited concurrent users to run queries against massive data volumes.

  • A&P speeds Big Data access with IBM flash system

    Montvale, N.J. – The Great Atlantic & Pacific Tea Company (A&P) is using the IBM FlashSystem V840 to compress live data and speed access to Big Data. The FlashSystem now integrates into a new Control Enclosure with IBM’s SAN Volume Controller (SVC) data virtualization system, a key component of IBM’s Software Defined Storage solution.

  • Prudsys updates personalization tool

    Chemnitz, Germany – Data analysis technology vendor Prudsys AG is updating features of its Prudsys Realtime Decisioning Engine (RDE), which allows businesses to individually address customers with personalized content and recommendations. This applies to every channel and device, both online and directly at the point of sale.

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