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Data & Analytics

  • Innovative retail concept combines offline and online at the mall

    Off-price retailer Century 21 will make its West Coast debut in a most unusual way — taking over a high-tech, high-touch “smart” store for six weeks.  
  • Tech Bytes: Three Supply Chain Lessons from Momentum 2016

    The recent Momentum 2016 conference held by Manhattan Associates in Orlando, Florida, was a great opportunity to catch up on the latest developments in supply chain solutions and strategies. Here are three especially important retail supply chain trends uncovered and explained at the event: Supply chain is key to omnichannel
  • Nordstrom expands loyalty to be omnichannel

    Nordstrom Inc. is known for providing the best customer experience, and is now applying that ethos to its customer loyalty program.

    The department store retailer is expanding its Nordstrom Rewards loyalty program to allow members to earn benefits regardless of how they choose to pay for purchases across its store, outlet store or digital channels.

  • Milestone store for fast-growing Select Comfort

    Select Comfort continues to expand with the opening of its 500th Sleep Number store.

    Located in Eden Prairie, Minnesota, the new location features the brand’s latest store design and experience, which is interactive and educational. It’s one of 50 net new stores the retailer plans to open in 2016.

  • Wal-Mart surprises with higher-than-expected Q1 revenue and profit

    Wal-Mart Stores broke the retail gloom that has penetrated so many recent first quarter earnings reports as it posted higher than expected earnings and revenue gains, and gave an upbeat view for the current period.

    Wal-Mart’s strong performance in a quarter that has challenged so many other retailers, including Target, offered evidence that its efforts to improve its U.S. stores are paying off. Among other things, the giant discounter has increased associate pay and taken moves to ensure its stores are more consistently in stock.

  • Survey: The more channels the better for marketers

    When it comes to marketing, retailers should adopt a truly “omnichannel” approach.

    According to a new consumer survey from digital marketing firm Fluent, “The Omnichannel Advantage,” consumers who are reached through a greater number of channels make in-store and online purchases from their favorite retailers more frequently.

  • McDonald’s snares second spot in Gartner top 25 supply chain list

    When it comes to supply chain leadership and best practices, a fast food chain beat out the world’s leading e-commerce and discount retailers.

    According to the new Gartner Inc. Supply Chain Top 25 ranking, McDonald’s led all retail chains with the number two ranking. Consumer products giant Unilever ranked first among all companies.

  • Forever 21 seamlessly credits loyal customers

    With a young, trend-conscious customer base, Forever 21 needs to cater to shopper demand, in and out of the store.

    The Los Angeles-based, 760-store-plus specialty apparel retailer is extending this seamless, customer-centric approach to how it offers customers credit. Forever 21 is partnering with marketing and loyalty solutions provider Alliance Data Systems Corp. to provide private label and co-branded credit card services that are integrated with its loyalty program.

  • This apparel retailer had a great quarter

    Not all teen apparel retailers are struggling. Just ask American Eagle Outfitters.

    The company reported a better-than-expected rise in quarterly sales and profit as demand for its products rose even amid a sluggish retail environment.

    American Eagle’s net income surged 39.3% to $40.5 million, or 22 cents per share, in the quarter ended April 30.

    Net revenue increased 7% to $749.4 million. Same-store sales increased 6%, on top of a 7% increase in the year-ago period.

  • Home furnishings giant enters Nevada

    Ikea Las Vegas is open for business.

    The 351,000-sq.-ft. location is the company’s first store in Nevada, 42nd in the United States, and 385th worldwide.

    It also is the second U.S. Ikea location to deploy only LED lighting inside and outside the building, and to feature only LED products for sale in its lighting department.

    In addition, the store features the largest single-use retail rooftop solar array in Nevada. To date, Ikea has a renewable energy presence at 90% of its U.S. locations.

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