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Strategic partnership positioned to drive AI in retail
A new partnership will help retailers make smarter business decisions faster. Based on a new alliance between IBM Watson and Salesforce, the companies will seamlessly connect their solutions — a move that will enable a new level of intelligent customer engagement across sales, service, marketing, and commerce, among other operations. -
Athletic specialty retailer posts mixed Q4 results
Hibbett Sports posted fourth-quarter sales that missed predictions, even as earnings were in line with forecasts. Net sales for the 13-week period ended Jan. 28, increased 0.5% to $246.9 million compared with $245.7 million in the year-ago period. Same-store decreased 2.2%. Apparel and equipment both experienced declines in comparable store sales, while footwear continued to show stronger sales with a mid-single digit increase.

