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Predictive Analytics

  • Manhattan Associates releases new mobile, transportation solutions for retailers

    Atlanta – Manhattan Associates is releasing new mobile and transportation management solutions. The supply chain technology vendor announced the new applications at its Momentum 2014 conference in Hollywood, Florida, May 5-8.

  • SAS and 360pi team up to help retailers price right

    Ottawa, Canada -- 360pi, a leading provider of retail price and product intelligence, announced a collaborative effort with SAS, a leader in business analytics software and services. The goal is to allow retailers who combine 360pi's competitive price intelligence with SAS' revenue optimization engine to gain full real-time visibility into competitive pricing to make more profitable pricing decisions.

  • Zachys taps SLI Systems for e-commerce search and shopping improvements

    San Jose, Calif. -- Software as a service search provider SLI Systems said that retailer Scarsdale, N.Y.-based Zachys Wine & Liquor has put in place SLI’s cloud services and has seen online conversions and per-visit value nearly double that of the site average.

    According to SLI, Zachys saw use of its search box by visitors increase one third and is now looking to expand its use of SLI's learning-based services to include site navigation pages as a revenue-boosting strategy.

  • SAS and 360pi help retailers price right

    360pi, the leader in retail price and product intelligence, today announced a collaborative effort with SAS, the leader in business analytics software and services. The goal is to allow retailers who combine 360pi's industry-leading competitive price intelligence with SAS' Revenue Optimization engine to gain full real-time visibility into competitive pricing to make more profitable pricing decisions.

  • Whole Foods Market posts flat Q2 profit amid higher costs; cuts outlook

    Austin, Texas -- Whole Foods Market on Tuesday reported a profit for its fiscal second quarter that fell short of Wall Street expectations. The grocery store operator also cut its outlook for the year.

    For the quarter ended April 13, Whole Foods earned $142 million, unchanged from last year, amid higher expenses.

    Revenue rose to $3.32 billion, short of the $3.34 billion Wall Street expected. Same-store sales rose 4.5%, hurt by the shift of Easter to the third quarter this year.

     

  • Google buys marketing analytics firm Adometry

    New York -- Google has purchased analytics firm Adometry, which helps advertisers get a better return on digital advertising by providing better attribution on the data collected about ads, including whether an ad was viewed, and whether it led to a sale.

    Here is the statement from the Google Analytics team:

  • A&P taps Agilence to drive lower shrink across stores

    Mount Laurel, N.J. -- Agilence, a provider of cloud-based exception reporting solutions, announced that the Great Atlantic & Pacific Company has selected Agilence’s Retail 20/20 to enhance its chain-wide effort to reduce shrink and fraud.

  • IBM launches security software/services to protect critical data and disrupt cyber attacks

    Armonk, N.Y. -- IBM has introduced comprehensive new security software and services to help organizations protect their critical data in an environment where advanced persistent threats, zero day attacks, breaches, and the financial impact on an organization continue to rise.

    According to two IBM-commission studies, the average cost of a data breach increased by 15%, reaching an average of $3.5 million. The majority of companies surveyed say targeted attacks are the greatest threat, costing them on average $9.4 million in brand equity alone.

  • Survey: LEDs gain over fluorescents

    Yorba Linda, Calif. -- For the first time, lighting professionals expect to install more LED than fluorescent fixtures over the coming year, according to the fourth annual lighting by Precision-Paragon [P2].    

    When asked what is the dominant lighting technology they expect to install in 2014, 49% of respondents selected LED, and 46% indicated fluorescent. Asked the same question last year, 26% selected LED, and 68% indicated fluorescent.

  • Publix taps Apex to boost retail audit recoveries

    Greensboro, N.C. -- Apex Analytix, a provider of services and software to safeguard disbursements, identify fraud and improve performance across the procure-to-pay cycle, announced it has been chosen to provide retail audit software to Publix Super Markets.

    Publix will use Apex Analytix FirstStrike Retail, an application used to audit large volumes of data in high-transaction retail environments. Experience shows that internal recovery audit teams armed with FirstStrike are able to achieve far more recoveries in much less time, according to Apex.

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