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Predictive Analytics

  • Predictive search produces double digit growth

    Walmart is touting another e-commerce win by the smart people working at its Silicon Valley research and technology hub known as @WalmartLabs.

  • Supervalu selects LoyaltyOne solution to develop customer segmentation strategy

    Toronto -- LoyaltyOne announced that Supervalu has agreed to use its Precima customer-centric analytics solution to develop a multi-dimensional customer segmentation. The U.S. grocer expects the solution will strengthen and expand its customer-driven marketing, merchandising and operations strategies.

  • Brown Shoe narrows loss; raises outlook

    St. Louis, Mo. -- Brown Shoe Co Inc. on Tuesday  posted a smaller second-quarter loss, helped by cost-cutting and higher sales at its Famous Footwear stores. The retailer also raised the lower end of its full-year profit outlook.

    Brown Shoe’s quarterly loss narrowed to $2.5 million, compared with a loss of $4.6 million a year earlier.

    Revenue decreased  to $599.3 million. Same-store sales rose 3.9%.
     

  • The end of easy comparisons begins now

    Walmart U.S. just reported its fourth consecutive quarter of positive same store sales growth. Now comes the hard part.

    The current third quarter period marks the first time in three years that Walmart U.S. is up against a prior year increase in same store sales. As Walmart U.S. president and CEO Bill Simon reminded those listening to the company’s conference call last week, Walmart had a 1.3% comp increase in the third quarter of 2011 and this year he is expecting an increase in the range of 1% to 3%.

  • Axonify and Toys ‘R’ Us Canada team toward employee training

    Waterloo, Ontario -- Axonify Inc. said Thursday that Toys ”R” Us Canada has selected Axonify’s next generation eLearning platform to deliver training content to its employees.

    Axonify said it will assist Toys “R” Us Canada in integrating learning into the daily activities of its more than 5,000 associates, while providing a personalized experience that addresses a variety of generations, knowledge levels and learning styles.

  • Shop, Click, Analyze: Get an Edge With Guest Access and Analytics

    By Taqi Mohiuddin, [email protected]

    The stakes are rising in retailing. 

  • PeopleAnswers to assist Boston Market with talent recruitment

    Dallas -- PeopleAnswers announced a software licensing agreement with Boston Market to use the PeopleAnswers HR solution to help identify and select all field employees in its 476 locations across the United States.

  • Staples Q2 profit tumbles 32% on weak North American sales

    Framingham, Mass. -- Staples reported Wednesday that profit for the quarter ended July 28 plummeted 32% to $120.4 million from $176.4 million, prompting the office supply retailer to cut its full-year guidance.

    Soft sales and slowed traffic in North America sent total revenue downward 6% to $5.5 billion; North American retail sales slipped 3%. Same-store sales declined 2%. Sales abroad fell 18%.

  • Focus on: Energy Management

    Michaels Stores is taking its energy conservation efforts to the next level. The arts and crafts retailer has rolled out several advanced extensions to its energy management system. The extensions are expected to bring Michaels’ total EMS-related savings to more than 30%.

  • Navigating a Social Media World

    With more and more consumers accessing social network sites to gather input and post reviews, Chain Store Age spoke with Dick Reed, CEO of Just Media, on a subject that is a top priority for retailers across the board: how to reach out to consumers in today’s social media world.

    Your company has done some detailed research on how consumers make buying decisions in today’s social media world. Tell us about it.

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