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Data & Analytics

  • Consumer spending rises 0.5% in November

    Washington, D.C. – U.S. household purchases rose 0.5% in November 2013. According to new figures from the U.S. Department of Commerce, this followed a 0.4% increase in October that was larger than previously reported and is the largest increase since July 2013.

  • Alcoholic beverage distributor toasts new exec

    Southern Wine & Spirits has enhanced its forecasting and replenishment capabilities with the appointment of Mel Velez as VP of demand planning and logistics.

    The company said the addition of Velez to an already industry leading supply chain management team will further enhance its ability to deliver excellence in service to divisional and retail customers, as well as to continue to enhance and expand partnerships with suppliers across the Southern enterprise. He will report to Phil Morsing, VP of supply chain operations.

  • ShopperTrak: Retail sales, traffic decreased last week

    Chicago -- Rough weather last week prevented many last-minute shoppers from getting to the stores to finish up their holiday purchasing. ShopperTrak reported that for the week of Dec. 16 to Dec. 22, GAFO in-store retail sales decreased by 3.1% from the same week last year. Retail brick-and-mortar shopper traffic decreased by 21.2% compared to the same time period in 2012.

  • Michaels plans 2014 IPO

    A 1,500-store market potential and an untapped online opportunity await Michaels Stores in 2014 as the retailer’s private equity owners look to sell a portion of their stake and return the nation’s largest arts and crafts retailer to public ownership.
     

  • What grocers going digital need to know

    E-commerce has redefined the retail shopping experience and shaped the fate of retailers in many sectors. Grocers have been the exception thus far, but that is about to change in a major way.

  • iSign releases new foodservice advertising solution

    Richmond Hill, Ont. -- Interactive mobile advertising technology provider iSign Media Corp. has developed the Smart Player Kit. The solution is a form of advertising technology that combines digital signage with mobile messaging.

    Through this technology, restaurants can now send real-time discounts and offers to customers’ mobile phones while they’re in close proximity or inside the restaurant ready to make a purchase.

  • Accepting Entries: In-Store Digital Innovation Award

    New York -- Chain Store Age's Retail Store of the Year design competition has added a new category for its 2014 awards: in-store digital innovation. Retailers, design firms, vendors and suppliers are all eligible to submit entries.

  • Walgreens net earnings soar

    Deerfield Park, Ill. – Walgreen Co. reported a healthy 68% surge in net earnings during the first quarter of fiscal 2014 to $695 million from $413 million in the same period a year earlier.

    Net sales rose about 6%, to $18.3 billion from $17.3 billion, while same-store sales grew 5.4%.

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