Predictive Analytics

Francesca’s sales results for the fourth quarter were below its revised guidance, thanks in part to extreme weather conditions, which forced the company to fully or partially close 370 boutiques during January.

The ability to integrate more data from more sources faster than ever to accelerate decision-making forms the core value proposition of an the new SAS Customer Intelligence solution unveiled this week at the software company’s Global Forum.
 

Newton, Mass. – Clark’s Americas Inc., a division of the global shoe brand with more than 300 stores in the U.S., is deploying the Yottaa Engagement Cloud to optimize user engagement and business performance on its U.S. e-commerce site. In fall 2013, the e-commerce team at the Americas division of Clarks sought a solution that could help scale and provide a consistent, engaging Web experience throughout the busy holiday shopping season and beyond.

Balance Innovations has appointed Al Ruth as EVP of technology innovation.

Ruth is a veteran of the retail technology industry with 17 years of experience managing data warehouse database solutions and customer support for top-tier retail accounts. In this role, Ruth will be responsible for providing technical perspective in sales efforts, working with the account management team and driving key innovation efforts.

Florham Park, N.J. -- Kalibrate Technologies (formerly KSS Fuels) announced that convenience-store operator Wawa has purchased the Kalibrate PriceNet fuel pricing system and will implement a roll-out across the chain’s entire network of 382 fuel sites.

Wawa will utilize the full capabilities of PriceNet, which includes 24/7 automation of pricing, full integration to the sites, robust analytics to determine optimal pump prices and mobile functionality on smartphones and tablets.

Phoenix – Accellos is releasing AccellosOne Enterprise 3PL version 4.0, which is built on the AccellosOne Platform version 3.0. This release focuses on a new user experience, work centers, cloud e-learning, and advanced functionality in event management, workflow engine, reporting, supply chain intelligence, and quality inspection.

Some of the highlights of AccellosOne Enterprise 3PL include:

Tiffany & Co. reported a net loss of $104 million in the fourth quarter of fiscal 2013 thanks to a $473 million charge resulting from arbitration with The Swatch Group Dec. 2013.

The company reported net sales for the quarter of $1.3 billion, up 5% from $1.23 billion last year. Same-store sales for the quarter increased 6%.

New York -- Duane Reade and Poncho, a personalized weather-forecasting service that sends users relevant weather updates tailored to their preferences via text or email, are teaming up in a pilot program targeted to the New York Metropolitan area consumer. Poncho users will receive their regular weather updates with select alerts featuring coupons for Duane Reade products that will help them battle the elements and their allergies.