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Data & Analytics

  • Amazon’s air cargo hub plan takes off

    In a strategic move to bolster its logistics network, Amazon will build an air cargo hub in Kentucky.   The online retailer agreed to a 50-year lease for approximately 900 acres of property from Cincinnati/Northern Kentucky International Airport. The project site, which rivals the size of global hubs of top cargo airlines — is estimated to cost $1.49 billion, ReCode said.  
  • CBRE execs are first to complete rigorous retail course at U. of Arizona

    Eighty retail real estate executives from CBRE recently gained the distinction of being the first class to graduate from a course designed to give field professionals a deeper knowledge of rapidly evolving retail business models and how they influence site selection.  
  • Specialty jeweler announces key executive changes

    In addition to promoting three key executives and adding a new board member, Signet Jewelers is announcing the retirement of two company leaders.    The appointments include the following:  
  • H&M’s expansion plan calls for new stores and added emphasis on digital

    In addition to reporting a strong quarter of earnings and store openings, H&M is slowing down its store growth and instead, bolstering its digital operations.   The company, which aimed to open 10% to 15% more physical stores each year, reported Tuesday, Jan. 31, is shifting its focus to increasing its omnichannel sales — including both stores and online sales — by 10% to 15% per year, according to H&M.  
  • Teen apparel retailer names new chief marketer

    Will A. Smith has joined Abercrombie & Fitch Co. as chief marketing officer.   Smith, who will report to president and chief merchandising officer Fran Horowitz, will be responsible for all brand, creative and digital marketing across the chain.   
  • Report: Mobile investments paying off

    Retailers are vying for time on their customers’ mobile devices — before, during and after a purchase. And their efforts are working.  
  • Report: Personalization, price and fulfillment influence most omnichannel shoppers

    Consumers have increasingly high expectations for a unified shopping and brand experience across all purchasing channels and touchpoints.   Retailers that can address their demand for more personalization, price, and fulfillment along the path to purchase will be the winners going forward, according to the “Consumer Trends Report — 2017 Edition,” from Kibo. The study is based on responses from more than 3,000 consumers in the United States and the United Kingdom.  
  • Consumer Reviews: How to Avoid Legal, PR Headaches

    According to a 2015 Nielsen study, two-thirds of consumers trust consumer opinions over company advertising and rely on peer review sites for insights and advice. However, these sites can cause huge headaches for well-intentioned retailers that incentivize consumers to post glowing reviews or find themselves on the wrong side of a revenge or competitor-sponsored post. When not conducted correctly, these efforts can harm brands and further consumer mistrust.   
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