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Data & Analytics

  • Ikea: No more store sleepovers

    Ikea stores are so inviting that some teens want to spend the night.   Ten of the Swedish home furnishing giant’s stores across the world have been the location of illegal sleepovers, BBC News reported.   

  • Retail brands lag behind mobile consumer expectations

    The future of retail is mobile. Yet, brands are failing to keep pace with consumer expectations.  

  • Bed Bath & Beyond falls short

    Bed Bath & Beyond Inc. reported less-than-expected earnings for its third quarter, hurt by continuing higher expenses and flat sales.   The retailer’s profit dropped to $126.4 million or $0.85 per share, from $177.8 million or $1.09 per share in the year-ago period.    Sales inched up 0.1% to $2.96 billion, also lower than expected.  

  • Luxury brands grab online holiday shoppers through digital disruptors

    Upscale brands are grabbing the attention of holiday procrastinators.   Three in 10 shoppers are still scrambling to finish holiday shopping, according to the National Retail Federation, and many are jumping online in search of their perfect, albeit “last minute” holiday gifts.   

  • Two more Amazon DCs on the way

    Amazon is continuing to build out its already expansive fulfillment network.    The online giant plans to open two new facilities in Aurora, Ill, generating more than 1,000 additional full-time jobs with benefits to the state. Amazon currently operates warehouses in Edwardsville, Joliet and three facilities in Romeoville. Another depot is currently under construction in Monee.  

  • comScore: Online desktop sales climb one week before Christmas

    With only days to go in the 2016 holiday shopping season, online desktop spending continues to rise.   For the holiday season-to-date, $55.2 billion has been spent online, marking a 13% increase versus the corresponding days last year. The most recent week, Dec. 12-18, posted a strong 15% growth in online sales, marking $7.6 billion in desktop spending during the last full week before Christmas.  

  • Technical problem could prove costly to Amazon

    Did Amazon’s website had a technical glitch on one of the biggest shoppings day of the year?   According to various reports, Amazon’s site had a glitch on  “Super Saturday”  that temporarily prevented customers from making purchases.   

  • 7-Eleven completes first month of drone deliveries

    7-Eleven has completed 77 autonomous drone deliveries to customer homes in the United States.   Through its collaboration with Flirtey, a service that supports commercial drone deliveries to customer homes in the United States, the convenience store chain conducted regular weekend deliveries to mobile shoppers during November. A dozen select shoppers used a custom app to place orders, which were fulfilled from a dedicated 7-Eleven store, the company said.  
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