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Data & Analytics

  • Tech Guest Viewpoint: How to improve omnichannel profitability

    Omnichannel retailing — or as it is increasingly known, “retailing” — is complex and can increase costs for retailers. Here are a few ways retailers can improve store-level fulfillment to increase both profits and customer service.

  • Home Depot offers $19.5 million in breach settlement

    The Home Depot Inc. has reached a tentative settlement of consumer claims regarding a 2014 data breach that may have exposed personal and financial information of more than 50 million consumers.

    Home Depot agreed to pay $13 million to reimburse affected consumers for out-of-pocket expenses and spend at least $6.5 million to offer 18 months of identity protection services for holders of cards that may have been exposed. The retailer also agreed to improve its data security and to hire a chief information security officer.

  • Sports Authority supplier slashes forecast

    Sport Authority’s decision to file bankruptcy is contributing to one of its suppliers making a major downward revision to a 2016 profit forecast.

    Performance Sports Group, a supplier of team sports equipment under the Bauer and Easton brands, slashed its profit forecast for the current fiscal year by 55 cents to a range of 12 cents to 14 cents from a range of 66 cents to 69 cents. Nine cents of the shortfall was attributed to anticipated losses from “a U.S. national sporting goods retailer that has filed under chapter 11.”

  • Advance Auto Parts adds board expertise

    A Tesla board member and Walgreens supply chain executive are the newest members of the board of directors at Advance Auto Parts.

    One of the nation’s leading automotive retailers, Advance Auto Parts named Brad W. Buss and Reuben E. Slone to its board. Both men bring interesting perspectives to the operator of nearly 5,200 stores.

  • Supermarkets dominate this ranking

    When it comes to the customer experience, one retail segment stands out above all others.

    Supermarket chains took 13 out of the top 20 spots in the sixth annual Temkin Experience Ratings, with regional grocers Publix and H-E-B earning the highest overall scores. Other supermarket chains in the top 20 were Save-a-Lot, Kroger, Wegmans, Aldi, Food Lion, Shop Rite, Giant Eagle, Trader Joe’s, Wawa (classified as a supermarket by Temkin), Winn-Dixie and Hy-Vee.

  • Another first for Amazon: A live shopping show

    Photo: Frankie Grande, Rachel Smith, and Lyndsey Rodrigues host Style Code Live, Amazon's first, daily live show.

  • Dick’s Sporting Goods touts omnichannel success and new store growth

    E-commerce has reached a new high at Dick’s Sporting Goods, but that doesn’t mean the nation’s leading sporting goods retailer is backing away from store expansion.

  • Checkers & Rally to use pre-screening tool for real estate location decisions

    Checkers Drive-In Restaurants is employing a high-tech solution to help it expand throughout the United States.

    The fast-casual chain has partnered with Buxton to identify growth opportunities for Checkers & Rally's restaurants. The company, which operates and franchises both Checkers and Rally's restaurants, currently has more than 800 locations nationwide.

  • Physical stores big winner with gift cards

    When it comes to redeeming their holiday gift cards, consumers overwhelming prefer brick-and-mortar stores.

    According to a survey by the International Council of Shopping Centers, 77% of consumers who received gift cards planned to redeem them in a physical store.

  • Whole Foods Market expanding solar in a big way

    Whole Foods Market has partnered with national solar providers NRG and SolarCity to substantially increase the number of rooftop solar units on the company’s U.S. stores.

    The retailer aims to install up to 100 additional solar rooftop units on its stores. If the goal is reached, the project has potential to be among the 25 largest commercial rooftop solar installations in the country.

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