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Predictive Analytics

  • Fairway Market selects Revionics for price optimization

    Roseville, Calif. -- Revionics, Roseville, Calif., a leading provider in retail life cycle price-optimization solutions, announced that Fairway Market has selected the Revionics Price Optimization solution for base pricing.

  • Webinar: Simplifying Retail Business Intelligence

    New York City -- Chain Store Age will present a Webinar on Tuesday, April 26, at 2 p.m. EST (11 a.m. Pacific) that will include results of its exclusive survey on how retailers are using business intelligence tools.

  • RadioShack profit down 30% on costs

    Fort Worth, Texas -- RadioShack Corp.'s first-quarter earnings fell 30% amid higher costs and lower margins. The company also lowered the high end of its full-year earnings estimate.

    RadioShack reported net income of $35.1 million, down from $50.1 million a year earlier.

    Revenue for the three months ended March 31 rose 2% to $1.06 billion, boosted by 11%  growth in mobile devices.

  • Starbucks up green energy, cuts water use, pilots new EMS

    Seattle -- Starbucks Coffee Co. met its 2010 goal of purchasing renewable energy equivalent to half of the electricity used in its North American company-owned stores, the company reported in its tenth annual "Global Responsibility Report." The report details Starbucks’  fiscal 2010 performance in environmental stewardship, ethical sourcing and community involvement.

  • Deloitte survey: Consumer spending drops sharply in March

    New York City -- A survey released Tuesday by Deloitte found that falling home prices and rising energy costs have negatively impacted consumer purchasing power.

    The Deloitte Consumer Spending Index tumbled in March due to a drop in real home prices and a decline in real wages driven by rising energy prices. The Index tracks consumer cash flow as an indicator of future consumer spending.

  • Duckwall-ALCO posts 4Q earnings dip, FY loss

    ABILENE, Kan. -- Duckwall-ALCO Stores reported that net sales from continuing operations for the fourth quarter of fiscal 2011 increased 4.4% to $136.9 million and same-store sales, excluding fuel center sales, increased 1.8%, compared with the same period in the prior fiscal year. Net sales from continuing operations for the fiscal year decreased 0.6% to $465.2 million and same-store sales decreased 2.4%, compared with the same period in the prior fiscal year.

  • Mitigating the impact of Mideast tensions on retailers

    By John Haber, [email protected]

    For the past two months, consumers have paid higher gas prices as a result of the political unrest in the Mideast. But, consumers aren’t the only ones feeling a pinch. Retailers are feeling it too as many suppliers, manufacturers and distributors implement “emergency fuel surcharges” as reported by The Wall Street Journal in late March of this year.

  • Delhaize implements Trintech solution toward process efficiency

    Dallas -- Finance solution-provider Trintech announced that international food retailer Delhaize Group has implemented its AssureNET GL software for financial process compliance.

    AssureNET GL is a component of Trintech's Unity platform, a suite of modular software that empowers companies to automate their Last Mile of Finance to increase efficiency, improve visibility, shorten cycle times, lower costs, and reduce risk.

  • Delhaize America taps SAF to automate store-level replenishment

    Irving, Texas -- SAF U.S.A. announced that Delhaize America, the primary subsidiary of Delhaize Group, has selected SAF RetailSuite Store to support its in-stock conditions and align its inventory with consumer demand.

    Delhaize America, which operates under the banners Food Lion, Bloom, Bottom Dollar Food, Harveys, Hannaford and Sweetbay, will implement the solution in its 1,500 stores across 16 states.

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