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Predictive Analytics

  • Survey: Webrooming—research online, buy in store—tops showrooming

    New York -- Incidents of smartphone “showrooming”—seeing a product in a store, then buying it online from another retailer using a smartphone—dropped from 37% in the United States last year to 28% in 2014. But “webrooming,” in which consumers buy in a store after researching a purchase online using a smartphone, was reported by an even higher proportion of respondents, 41%.  Those are among the findings of GfK’s 2014 FutureBuy global study of shopping habits and preferences.  
  • Don't Get Spooked by Seasonal Inventory Management

    by Jim Malone, Retalon   Every year, retailers put fresh spins on evergreen holiday décor, remixing such classics as the Christmas tree and jack-o-lanterns to tempt seasonal shoppers. Though we have yet to see this year's big trend, it's probably safe to say it will not be the Christmas Turkey or Thanksgiving Skeleton.  
  • SGI releases tool to scale SAP HANA

    Milpitas, Calif. –- SGI, a provider of data analytics solutions and an SAP global technology partner, has introduced SGI UV for SAP HANA.  It is a purpose-built, in-memory computing appliance for growing environments running the SAP HANA platform.   
  • Powerhouse Dynamics’ mobile app expands real-time facility ops and energy management capabilities

    Boston -- Powerhouse Dynamics, creator of the SiteSage enterprise energy and asset management system, is beefing up its mobile app with a series of control and reporting enhancements to provide facility  managers with complete facility energy and equipment operations management.   
  • Report: Total online Thanksgiving Day sales to top $1 billion

    Wilmington, Del. -- Total online Thanksgiving Day sales will top the $1 billion mark this year for the first time ever, increasing year-over at least 23.4%, with most purchases made after 6 p.m., according to BestBlackFriday.com, a website providing information regarding holiday sale pricing, shopping tips and news.  
  • Fast-growing Love’s Travel Stops supports store growth with SAP

    Oklahoma City, Okla. –- With plans to open 28 stores by the end of 2014, 30 or more new stores during 2015 and 50-plus stores every year thereafter, the 300-plus-unit convenience and fuel chain Love’s Travel Stops & Country Stores needs a robust platform. As Love’s executives explained during a session at the recent SAP Retail Forum in New York, the retailer is turning to SAP to provide that platform.  
  • Report: Bank of America says Alibaba tops in e-commerce

    Charlotte, N.C. –- Bank of America has reportedly released a report saying that Chinese e-commerce platform Alibaba Group Holding Ltd. is the leader in global e-commerce, followed by Amazon.com.    According to Benzinga.com, Alibaba currently holds 31% of global e-commerce market share and should grow to capture 33% of global e-commerce market share in 2015.    
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