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Data & Analytics

  • Study: One in four retailers feel paralyzed by Amazon

    Retailers are eager to combat the force of Amazon, but they lack the strategy, marketing dollars and digital resources to do so.   Specifically, 44% of retailers do not know how to respond to the power of Amazon, according to “A New Path for Retail: Co-Existing with the Force of Amazon.” The report is from Bluecore, a commerce decision platform provider.  
  • Analyst: Amazon stock to hit $1,275 per share in 2018

    Amazon is the "best long-term growth story available to investors today." But don't expect the company to generate meaningful profits anytime soon.   That's according to MKM Partners managing director Rob Sanderson who, on Tuesday, raised his price target on the online giant's stock to $1,275 per share, up from $1,095.  
  • Office Depot Q2 profit misses amid sales decline

    Weak sales made for a rough second quarter for Office Depot.   The retailer said its profit fell to $24 million, or 5 cents a share, short of Wall Street expectations, compared with $210 million, or 38 cents a share, in the year-ago period. (The 2016 quarter included a $250 million fee paid by Staples to Office Depot after Staples abandoned its intent to acquire its rival.)  
  • Report: Alibaba primed for explosive global growth

    Move over Amazon — China's largest online player is looking to take on the world.    Now the largest e-commerce company in the world with $430 billion in gross merchandise volume, Alibaba is seeking to become a global company as well with a goal of serving more than 2 billion shoppers, according to a new report by global think tank FGRT (Fung Global Retail & Technology).  
  • Gallup survey: U.S. grocery shoppers buck online shopping trend — for now

    Shopping for groceries online has a long way to go before it catches on with the vast majority of U.S. consumers.   Nine percent of U.S. adults report that their household shop online for groceries at least once a month, including 4% who do it at least weekly, according to Gallup's annual Consumption Habits survey. By contrast, almost all Americans say someone in their family shops for groceries in person at least once a month, with 83% going at least once a week.  
  • Nation's largest mall is ‘mapping out’ a better shopping experience

    Technology that works like GPS for indoor locations is helping shoppers find their way through Mall of America.   
  • Amazon’s back-to-school sales start strong

    Based on the momentum of early back to school shoppers, Amazon is on pace to hit a record 80% sales growth for the season.    The online giant's school supplies sales have grown by 35% year-over-year in the first two weeks of the back-to-school shopping season, according to One Click Retail. Early back-to-school shopping only accounted for 9% of sales in 2016.  
  • Walmart deploying tech that lets in-store shoppers check out — on their own

    A discount giant is helping more shoppers skip the checkout line.    Walmart is expanding the deployment of its Scan & Go mobile app, which is being tested in approximately 12 stores across Northwest Arkansas, Florida, Texas and Georgia. The chain is now rolling out the app for use in at least 10 additional locations in the Dallas-Fort Worth and Nashville markets. The stores will offer the solution by the end of the month, according to Justin Rushing, spokesman for Walmart.  
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