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Data & Analytics

  • Costco's July comps slide 2%

    Costco's comparable sales for the month of July declined 2%, with a 3% decrease in U.S. a 3% rise in Canada and other decreases internationally.  
  • Publix reports a 2.1% sales boost in Q2

    Publix’s sales for second quarter 2016 were $8.1 billion, a 2.1% increase from last year’s $8 billion. Comparable-store sales for second quarter 2016 increased 1.1%.    The company says sales were negatively impacted by 1.2% due to the effect of the Easter holiday being in the first quarter in 2016. In 2015, the effect of the Easter holiday was in the second quarter.  
  • Supervalu installs new tech platform

    Expressing a desire to deliver more professional services and back-end support to its wholesale customers, Supervalu announced that it would install Oracle Cloud as its new technology platform.   "The Oracle Cloud provides us with a more robust infrastructure and a comprehensive solution that we believe will help us drive increased efficiencies, speed decision-making, and enhance the overall customer experience,” said executive VP and CIO Randy Burdick.  
  • Jo-Ann crafts a mobile cash-back solution geared toward millennials

    Jo-Ann Fabric and Crafts’ foray into mobile rebates is part of the 850-store chain’s strategy for reaching millennials. The retailer has partnered mobile shopping app provider Ibotta to offer cash-back rebates on in-store purchases, something Jo-Ann’s feels will build loyalty among the millennial set.   The multi-year partnership will provide users with special offers and cash-back options at any one of Jo-Ann Stores retail locations.  
  • Mastercard: Chip cards cut fraud by 60%

    Credit card fraud is down by more than 60% at Mastercard’s top five EMV-enabled merchants since chip cards were introduced late last year, according to the company.   “Mastercard has helped over 150 countries adopt EMV and, time and again, we’ve seen the same result — significant reductions in counterfeit card fraud,” said Chiro Aikat, Mastercard’s senior VP of EMV product delivery.  
  • Report: Wal-Mart in talks to buy Amazon competitor, Jet.com

    Wal-Mart Stores is in talks to buy start-up Jet.com, an online retailer that has styled itself as a challenger to Amazon, the Wall Street Journal reported.   The acquisition would give a big boost to Wal-Mart’s digital efforts, as well as its efforts to compete with Amazon. At the company’s annual shareholders meetings in June, Wal-Mart CEO Doug said the discounter planned to become more aggressive in growing its online business.  
  • Warehouse club readies for next phase of online growth

    BJ’s Wholesale Club has selected CommerceHub’s unified platform to bolster its online assortment, fulfillment and delivery.    “We’re committed to delivering uncompromising value to our Members, and CommerceHub is a strong partner,” said Jackie Cunningham, VP of e-commerce at BJ’s Wholesale Club, which operates 213 stores in 15 states.   
  • Now Trending: Densification and the gravitational pull of the mixed-use center

    The benefits of density and densification are a fundamental tenet of “new urbanism,” the guiding set of principles exerting a significant influence over real estate development, urban planning, and municipal land-use strategies.  
  • eBay seeks new frontier for disruption

    Having already served as an early innovator in e-commerce, eBay has turned its attention to a new emerging technology area. In an interview on CNBC, eBay CEO Devin Weng said the company intends to take a leading role in artificial intelligence.   "We are planting the seeds right now to ensure that eBay is not only relevant, but a leader — a disruptor — in artificial intelligence," said Weng. 
  • Macy’s names former Office Depot exec as legal lead

    Macy’s, Inc. has named Elisa D. Garcia as chief legal officer, effective Sept. 7, succeeding Dennis J. Broderick, who is retiring after 29 years.   Garcia, 58, has served in the same capacity for Office Depot since 2013. She was executive VP/general counsel for Domino’s Pizza prior to that.  
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