Data & Analytics

Tailored Brands, formerly Men’s Wearhouse, vowed more changes after its Jos. A Bank division logged a 31.9% decline in same-store sales.

For the fourth consecutive year, a department store has nabbed the top spot in a survey of the nation’s favorite fashion retailers.

Nordstrom took the top spot in the study, by Market Force Information.  Interestingly, severak discount retailers moved up the list this year, with Marshalls landing in the No. 2 spot. H&M and Ross Dress for Less tied for third, Kohl’s was fourth and Macy’s was fifth.  

PayPal is entering the buy button arena in a big way.

The new PayPal Commerce service, currently running in closed beta, allows retailers to embed buy buttons into any digital format they choose. This includes blogs, emails, online ads, apps, and social shares. PayPal Commerce is based on a set of open application program interfaces (APIs) and also offers a software developer kit (SDK), making it platform-agnostic and fully embeddable.

Several published reports are indicating that Kohl’s has eliminated three senior level leadership positions.

Kohl’s has reportedly eliminated the positions of chief digital officer, senior vice president of store environment and development, and senior vice president of communications and public relations. Retailing Today was unable to independently confirm the jobs cuts or the identify of executives involved. Kohl’s representatives were unavailable for comment.

I previously wrote a column about the benefits opening physical stores can offer pure play online retailers. Inspired by the recent completion of the Hudson’s Bay-Gilt acquisition, this week I’d like to examine three instant advantages purchasing a pure play retailer can provide to brick-and-mortar chains.

Instant Expertise

For the fourth consecutive year, a department store has nabbed the top spot in a survey of the nation’s favorite fashion retailers.

Nordstrom took the top spot in the study, by Market Force Information. Interestingly, several discount retailers moved up the list this year, with Marshalls landing in the No. 2 spot. H&M and Ross Dress for Less tied for third, Kohl’s was fourth and Macy’s was fifth.

The Hannaford grocery chain is expanding its online shopping service at a rapid pace and recently hit a significant milestone.

The Maine-based retailer recently opened its 25th location with Hannaford To Go. The service is the first of its kind in many regions. After piloting the program successfully in several stores, Hannaford opened 11 additional locations in the past year. The company plans to pursue an aggressive rollout schedule in 2016 as well, based on the success of the program and its popularity with customers.

Bold, curious and accountable is the future Target’s new chief human resources officer said she looks forward to helping create.

Eleven year Target veteran Stephanie Lundquist was elevated to the role of executive VP and chief human resources officer, arguably one of the most important positions in a company with nearly 350,000 employees and 1,800 stores.

The term “impulse buy” has a negative connotation to many. Picking up that guilty pleasure snack in the checkout line at the supermarket, that gadget you don’t really need, or those shoes that are on sale all qualify.

When it comes to systems infrastructure, retailers are moving in a particular direction.

According to a new study from IHL Group, “Total Retail SaaS Market,” 26% of all retail spending on software in 2016 in North America will be cloud-based. This includes 60% of retailers’ e-commerce spend and 53% of their BI/analytics and sales/marketing software spend will be on cloud-based systems.