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Predictive Analytics

  • Whole Foods Market awarded EPA Green Power Leadership award

    Austin, Texas -- Whole Foods Market said Tuesday it has received a 2012 Green Power Leadership Award for sustained excellence from the Environmental Protection Agency for its renewable energy purchase of 800 million kilowatt-hours (kWh) last year.  

    The annual award recognizes leading green power purchasers for their commitment and contribution to helping advance the development of the nation's voluntary green power market.
     

  • Craig Parr to protect commodity prices at Flower Foods

    A desire to mitigate the impact of increasingly volatile commodity prices has led to the appointment of Craig Parr as Flower Foods first chief risk officer.

    As the nation’s second largest producer and marketer of packaged bakery foods for retail and foodservice customers, Flower Foods said the move will result initially in increased focus on commodity hedging and purchasing strategies.

  • ShopperTrak adds in-store analytics

    Chicago -- ShopperTrak announced the beta release of a new interior counting system for retailers in North America and the United Kingdom. The system builds on the company's existing Managed Service people counting solution by adding wireless location technology from WirelessWERXT.

  • Legacy Modernization

    With the increasing popularity of mobile devices and social networks, managing the omni-channel experience will be a key priority for retailers this holiday season. Leading experts say that retailers need to update their legacy technology systems to handle the large amounts of data being generated by these channels.

  • Starbucks in Real-Time Energy Pilot

    Starbucks Coffee Company is participating in a pilot project designed to encourage employees to identify strategies that will reduce the amount of energy required to run the stores while not impacting customer service.

  • Paving the Way

    Parking lot maintenance is taking top billing in retail, as a growing number of facilities managers realize that extending the life cycle of an existing parking lot paves the way toward reduced expense in the long run.

    Chain Store Age talked with Rose Paving’s C.B. Kuzlik about retail’s renewed focus on maintenance in today’s cost-conscious climate.

    What role does weather play in parking lot management?

  • OfficeMax adds new search engine

    Naperville, Ill. -- OfficeMax Inc. announced Thursday a new search engine on Officemax.com designed to speed up shopping and provide more accurate search and recommendation results.

    In its first month with the new search engine, OfficeMax said that OfficeMax.com has already experienced an increase in conversion rate and customer satisfaction around site navigation, and more than a 60% increase in average revenue per visit.

  • Diageo recognized as sustainability leader

    Premium adult beverage maker Diageo received the Carbon Disclosure Project’s top distinction for its efforts in the area of climate change strategy, emissions disclosure and performance.

  • LoyaltyOne: Consumers less willing to share personal information with companies

    CINCINNATI — Consumers continue to be cautious about sharing their personal information, according to an online survey conducted by LoyaltyOne, a global provider of coalition loyalty, customer analytics and loyalty services.

  • Survey finds that retail fraud is taking a great financial toll

    Atlanta -- The “True Cost of Fraud” study by LexisNexis found that retailers incurred $2.70 in costs for every dollar in fraudulent transactions. The cost incorporates charge backs for merchandise, the fees and interest to financial institutions and payment processors as well as any replacement, redistribution or restocking fees incurred by a merchant.  

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