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Data & Analytics

  • 360pi, JDA align on omnichannel pricing

    Scottsdale, Ariz. -- 360pi and JDA Software are partnering to optimize local pricing recommendations for retailers. This partnership integrates 360pi’s zone-based pricing intelligence for national and private label brands with JDA’s rules-based Strategic Pricing solution, part of JDA’s larger Price and Promotion Management portfolio.   
  • TechBytes: CurrentC -- Two Pros and Three Cons

    CurrentC, the mobile payment service under development from a retailer consortium known as Merchant Customer Exchange, or MCX, has been getting a lot of attention in the past week. First MCX members CVS and Rite Aid disabled their NFC payment systems to block the rival ApplePay mobile payment service, and then hackers stole the emails of CurrentC users. And despite all this publicity, CurrentC is still in pilot mode.  
  • Chase: Book spending rose in Q3

    Waterbury, Conn. –- Likely spurred by back-to-school needs, consumers increased their spending on books 13% in the third quarter of 2014 compared to the same quarter the prior year. According to the quarterly Chase Freedom Lifestyle Index quarterly barometer of consumer trends based on aggregated Chase Freedom cardholder spending data, spending at craft stores (up 7%) also rose significantly in the quarter.  
  • Kohl’s optimizes item and store performance with Oracle Retail solution

    Redwood Shores, Calif. -- Kohl’s has overhauled its core merchandising, inventory, and pricing operations with the launch of a new Oracle Retail Merchandise Operations Management solution, allowing the retailer to coordinate a unified system of record for inventory to better serve multi-channel customers and to simplify its business user experience.  
  • RILA, merchant groups express cybersecurity concerns

    Arlington, Va. -- The Retail Industry Leaders Association (RILA) and a group of merchant associations have sent a letter on the state of cybersecurity in the U.S. and how the payments system works in a letter to the Credit Union National Association (CUNA) and the National Association of Federal Credit Unions (NAFCU). The letter dispels what the merchant groups say are many misconceptions the credit unions have been driving regarding recent cyberattacks and the response by retailers and financial institutions. 
  • Study: Twitter users are strong holiday shoppers

    San Francisco –- Compared to non-users, Twitter users start holiday shopping earlier, spend more and are more prone to impulse purchases. According to a new study conducted by brand research firm DB5 for Twitter, more than a third (34%) of Twitter users have already begun thinking about holiday shopping, and 81% say they love holiday shopping, compared to 56% of non-users.  
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