Data & Analytics

With its busy spring selling season about to commence, The Home Depot wants to make its hiring process as easy as possible.   By creating a shorter digital application and mobile-optimized “Careers” site, the home improvement chain has shortened its online application process to 15 minutes, a move that speeds up the task by as much as 80%, the company said.   

A store designed by women and for women. That’s Sport Chek Women, which made its debut on Thursday at CF Chinook Centre, in Calgary.  

With 2017 in full swing, we’ve already had a taste of what’s in store for the retail industry in the year ahead. With innovation driving technological advancements and online consumers demanding speed and convenience, we’ve outlined three key trends that all retailers need to pay attention to in order to compete.   More chatbots

While many retailers struggle to find the best mobile marketing formula, Urban Outfitters is bucking the trend — big time.   Through a partnership with Appboy and PlaceIQ, the specialty retailer is using consumer behavior, location data and insights to more smartly deliver consumer messages within its brand-owned app. Armed with this data, Urban Outfitters has boosted customer conversions by 75% and increased related revenue by 146%, the chain said.  

Amazon is making a big commitment to renewable energy.   The online giant announced plans to install solar panels on its fulfillment facilities around the world, including the deployment of large-scale solar systems on rooftops of more than 15 U.S. fulfillment and sortation centers this year.   Amazon plans to deploy solar systems on 50 fulfillment and sortation centers globally by 2020.    

Privately-owned, family-operated Meijer announced plans to invest more than $375 million in new and remodeled stores in 2017 across its six-state footprint.    The investment includes the construction of seven new Meijer supercenters and 22 remodel projects. While Michigan, Indiana, and Wisconsin will each welcome new Meijer supercenters later this year, dozens of other Meijer stores have begun or will soon begin remodel projects to enhance the customer shopping experience.  

Ahold Delhaize’s Food Lion and Hannaford U.S. supermarkets had both strong fiscal fourth quarters and for fiscal 2016, the company stated in an earnings report. Volume growth was particularly strong, more than offsetting the impact of inflation on sales.   Underlying operating margins improved, driven by the “Easy, Fresh & Affordable” strategic initiative and synergies, said Ahold Delhaize.  

The Kroger Co. has broken its impressive record of 52 consecutive quarters of same-store sales growth.    The supermarket giant on Thursday posted an unexpected decline in fourth-quarter same-store sales on Thursday amid ongoing food price deflation and increased competition.   Kroger’s net income fell to $506 million, or 53 cents per share, for the quarter ended Jan. 28, in line with estimates, and down from $559 million, or 57 cents per share, a year earlier.