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Data & Analytics

  • QVC exec joins GS1 US board

    QVC chief information officer Linda Dillman has joined the board of the GS1 US supply chain information standard organization.

    GS1 US is a supply chain information standards organization.

    Dillman will help guide the GS1 US strategy for driving the adoption and usage of the GS1 System of Standards in e-commerce. The standards uniquely identify products, services and locations globally. They are designed to assist in enhancing the consumer shopping experience while boosting online retailer efficiency, revenue and loyalty.

  • JDA increases agility of warehouse management

    JDA Software Group Inc. is releasing enhancements to its warehouse management solution designed to make it more accessible and responsive to real-time, omnichannel supply chain needs.

    To maximize accessibility of warehouse management, JDA is embedding mobility into all aspects of the solution. Thus employees can use the application in any location without a workstation. This allows managers to track and observe employees executing their work on the floor, while allowing warehouse associates to accomplish tasks using touchscreens and visual guides on the floor.

  • The Vitamin Shoppe overhauls board of directors

    The Vitamin Shoppe is changing the structure of its board of directors as it looks to enhance its corporate governance practices.

    The company announced its board will rotate the role of lead director for the second time since the company's Oct. 28, 2009, initial public offering. David Edwab, who served as lead director since April 2011, has stepped down from that role and John Bowlin, who became a member of the Vitamin Shoppe board in October 2014, will now serve as lead director.

  • Dick’s Sporting Goods obtains early insight into merchandise

    Dick’s Sporting Goods is applying advanced analytics to better understand what products it should sell, and at what cost.

    Dick’s is partnering with predictive analytics solutions provider First Insight, to help make faster and more accurate decisions in the areas of product design, merchandise buying and pricing decisions on thousands of goods and designs.

  • Guitar Center creates merchandising harmony

    Operating multiple brands and channels, Guitar Center has struggled in recent years with merchandising challenges such as omnichannel retailing, branding and selling a mix of new and used products.

  • Not a fun-filled holiday for Build-a-Bear

    Build-A-Bear Workshop is still expecting a third consecutive year of positive same store sales despite a decline in traffic over the holiday period.

    On a preliminary basis, for the fourth quarter ended Jan. 3, the company said it now expects:

  • Do you understand your in-store customers?

    Retailers frequently misjudge the omnichannel needs of their shoppers when they visit stores.

    According to a new study of 500 consumers and 150 retail decision-makers in the U.S. and U.K. by Forrester Consulting on behalf of RetailNext, “Real-Time Data Drives the Future of Retail,” only 49% of consumer respondents feel they receive consistent seamless experiences across all channels.

  • Report: Online-only strategy ultimately unsustainable for most retailers

    A new study links retailers' success to an omnichannel strategy that includes physical stores.

    According to the report, by L2 and titled "Death of Pureplay Retail," online-only retailers are at a disadvantage due to high costs for marketing and shipping, making their business model challenging and ultimately unsustainable in the long-term. The report was sponsored by Simon Property Group.

  • Study: Do you understand your in-store customers?

    Retailers frequently misjudge the omnichannel needs of their shoppers when they visit stores.

    According to a new study of 500 consumers and 150 retail decision-makers in the U.S. and U.K. by Forrester Consulting on behalf of RetailNext, “Real-Time Data Drives the Future of Retail,” only 49% of consumer respondents feel they receive consistent seamless experiences across all channels.

  • Starbucks commits big time to China — and not just with more stores

    Photo: Jack Ma and Howard Schultz, China Partner Family Forum

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