Data & Analytics

On-trend apparel brand Rebecca Minkoff has opened a 4,600-sq.-ft. tech-savvy flagship — its largest space to date — on Melrose Avenue.

Starbucks Coffee Company's first store in Panama is located in Panama City, in the Street Mall shopping center.

Click here to see slideshows of Rebecca Minkoff's "store of the future" concept in Los Angeles and Starbucks' new Panama City location.

Toys ”R” Us says a planned decrease in promotions led the retailer to report a drop in same-store sales in the second quarter.

The retailer singled out declines in the baby, entertainment and seasonal categories as contributing to the comp drop as well. However new CEO Dave Brandon sounded a positive tone regarding the company’s profit potential.

Online shoppers looking for a sofa in that perfect shade of leather will enjoy new technology being rolled out by Wayfair.

The leading furniture e-commerce retailer announced that, in partnership with tech solutions provider roOomy, high-resolution image renderings based on 3D product models will be available on DwellStudio and Birch Lane. Now, customers shopping on these sites will be able to experiment with multiple textures and fabrics, and see 360-degree views to find the perfect pieces of furniture for their home.

Consumers may have an “I want it now” mentality, but most retailers are still struggling to deliver on the demand.

That’s one of the key findings of a survey by HRC Advisory, a leading strategic retail advisory firm and unit of Hilco Global, which revealed that 80% of retailers are not prepared for the “magnitude of change” required to transform their supply chains to a customer-centric, omnichannel model.

Organized crime is on the rise — and it’s taking a heavy financial toll on the nation’s retailers.

Retailers on average report they lost $453,940 per $1 billion in annual sales over the past year due to organized crime, according to the National Retail Federation’s 11th annual Organized Retail Crime Survey, which put a $30 billion price tag on the problem.  

SAP is setting some big goals for a suite of future integrated digital enterprise technologies. The enterprise technology firm wants to transform the relationships companies have with their customers.

Barnes & Noble wants its shoppers to celebrate innovation and creativity by hosting its first ever "Maker Faire."

The nation’s largest retail bookseller has formed a new partnership with Maker Media, publisher of Make: magazine and producer of Maker Faire, to launch the first-ever Mini Maker Faire in stores nationwide. The retailer is asking shoppers to participate at their local Barnes & Noble store the weekend of Nov. 6-8 to share their inventions, ideas and more.

Chattanooga, Tenn. -- CBL & Associates Properties, announced the addition of Chris Bursch as VP – Information Technology and will be responsible for all areas of IT.

Bursh has more than 30 years of experience in IT Leadership within the financial services, and most recently, the pharmaceutical industry.

Prior to joining CBL Bursch owned an IT management consulting business and held various leadership positions within information technology in the Chattanooga area.  
 

According to CNBC, PayPal has quietly begun partnering with online gambling sites to accept PayPal funds for payment.

Although PayPal has been consistently accepted by some foreign gambling sites, it has not been used by any U.S. gambling sites since its 2003 acquisition by eBay Inc. Now that PayPal is operating as a separate company, it has apparently started working with U.S. gambling sites again.

Retailers are extremely aware of the looming Oct. 1 deadline to securely accept payments from chip-enabled, EMV-compliant cards. But according to a new survey of 18,000 U.S. adults, consumers have much lower awareness.

The survey, conducted in late August by POS technology provider Harbortouch, shows that 56% of consumers are unware of what “EMV” or “chip-enabled” mean.