Data & Analytics

Whether local or global, growth has been robust for 2014’s top third-party managers

The 26th annual survey of Fastest-Growing Managers surveys new domestic and international third-party management and leasing contracts obtained during the 2014 calendar year and ranks the top performers.

Watsonville, Calif. – West Marine Inc. slightly shrunk its net loss to $10.3 million in the first quarter of fiscal 2015 from $11.4 million in the same period a year earlier. Cost of goods sold and selling, general and administrative (SG&A) expenses combined to total more than net revenues.

Roanoke, Va. - Advance Auto Parts Inc. has selected Teradata as the vendor of choice for its Enterprise Data Warehouse (EDW).

Advance Auto Parts will leverage the EDW to aggregate data from multiple sources to perform advanced analytics and help drive the business.

The new Teradata platform at Advance includes testing as well as production and will leverage the Teradata Americas Data Migration Center of Expertise

From international brands dropping anchor on U.S. shores and online players expanding in the physical space to familiar names with new formats and traditional start-ups, there is no lack of new concepts in the brick-and-mortar arena. Here’s a look at some with the biggest buzz.

TreeHouse

An Austin, Texas-based home improvement retailer with a green conscience and niche positioning is ready to branch out. TreeHouse opened in late 2011 in Austin’s Westgate Shopping Center, and has been thriving ever since.

Industry insiders are the best trend-watchers. Here’s what the experts are seeing.

“There is more selectivity in the site selection process. There is a trend toward downsizing, and more non-retail tenants are taking interest. There is also a growing divide between A-plus real estate and everything else in the market. Everyone wants the best properties.” — Mark Dufton, CEO of DJM Real Estate, a Gordon Brothers Group company

“Retailers are thinking about a smaller footprint, but in most cases not significantly smaller.

GameStop uses beacons to put customers in charge of store promotions

Retailers often use in-store beacons to push promotions to customer mobile phones as they pass by. But video game retailer GameStop Corp., which operates more than 4,200 U.S. stores, takes a different approach.

“In the store, we have multiple pieces of signage marking the location of beacons,” said Charlie Larkin, senior director of GameStop Technology Institute, the retailer’s in-house IT development center.

London - Online retailing pioneer Amazon Inc. has climbed to the top of the retail social media ranks, thanks in part to the introduction of #AmazonBasket. According to the latest Retail Social Media Benchmark results from eDigitalResearch, since the introduction of the new social media shopping functionality, Amazon has added 700,000 new followers to its U.K. Twitter account in the past six months, bumping them up to second overall, just behind leaders Topshop.

Gaining market share and geographic coverage are top priorities driving deals

Retail continues to rally for deals in 2015, and the sector could be on the cusp of another major year for mergers and acquisitions. Already this year, we’ve seen speculation about a number of potentially massive deals — from a possible buyout of Rite Aid by Walgreens Boots Alliance to the proposed merger between Staples and Office Depot. Looking across the industry, as part of BDO’s annual Retail Compass Survey of CFOs, we asked chief financial officers at leading U.S.