Data & Analytics

Officials in Sarasota, Florida, are envisioning building a mixed-use project on the site of the town’s Ringling Shopping Center, the site over which Walmart lost a fight to build a new store.

The 9.7-acre site could accommodate 222 residential units and 175,000 sq. ft. of office and retail space. Customer traffic at Ringling Shopping Center, Sarasota’s oldest, had fallen off precipitously in recent years.

The fuel retail industry may innovate at a snail’s pace, but Shell Retail is bucking the trend.

Following a year-long proof-of-concept, the gasoline and convenience store retailer is embarking on an iPad-based point-of-sale (POS) deployment at dedicated locations. The robust cloud-based system is designed to centrally manage fuel stations and markets more effectively; ensure compliance with data security standards, and most importantly, improve the customer experience through the point-of-purchase.

Stuart Wetizman’s new service is connecting loyal shoppers with their “solemates.”

Called "The Ultimate Boot Guide,” the luxury footwear brand’s new digital service assists shoppers as they the hunt for their “perfect pair of boots” among more than 70 boot styles available this season on Stuartweitzman.com.

Kroger Co. posted second quarter earnings that topped expectations but the chain cut its guidance for the year citing ongoing price deflation.

"If you look at the price of milk, eggs and commodities like that, they're historically low. Meat continues to be deflationary and produce is on a deflationary trend," Kroger CFO Michael Schlotman said on CNBC on Friday.

The nation’s largest specialty bedding retailer posted disappointing results on Friday for its second quarter.

Mattress Firm Holding Corp. on Friday reported a loss of $2.2 million, after reporting a profit in the same period a year earlier.

Revenue increased 48.2% of $980 million, which also fell short of Street forecasts, reflecting incremental sales from acquired and new stores.

Same-store sales fell 1.1%.

For the sixth time, Nest has appeared on Inc. magazine’s ranking of the nation’s fastest-growing private companies.

Nest — ranked no. 4783 on the 35th annual Inc. 5000, with three-year sales growth of 48%. The listing features successful companies within the American economy’s most dynamic segment — independent small businesses. Companies such as Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees of the Inc. 5000.

Retailers have learned a lot of hard lessons from cyberattacks. Many cyberattacks successfully targeted the giants of the industry. Wanting to avoid the same fate, organizations are making significant investments in security technologies and educating their employees on best practices.

But what happens when these investments aren’t enough? While companies are becoming smarter in their security approach, hackers are also growing more sophisticated in their attacks.

Just in time to kick-off the 2016 NFL season, the Carolina Panthers are giving fans another reason to cheer.   The defending NFC champions upgraded the Carolina Panthers Official Shop, the team’s official online store — a move that promises “to pro-vide Panthers fans worldwide with an exceptional online shopping expe-rience,” according to a company statement.   

Collaboration is key when it comes to seamlessly creating private-label apparel to sell across branded stores and department store partners.   In effort to streamline information sharing across product development processes, GANT is deploying a product lifecycle management (PLM) solution that promises to improve its product-hit rate, shorten lead times, and enhance margins.  

Apple Pay is extending its reach.   There is plenty of buzz around this week’s introduction of iPhone 7, from a redesigned high-definition display and cameras to non-existent home buttons and headphone jacks. Where the rubber meets the road however, is that the new phone will give shoppers in Japan the opportunity to use Apple Pay.