Data & Analytics

Between buyer’s remorse, relaxed return policies and the substantial increase in online purchases (which come with an average return rate of 12%-15%), 3.5 billion items are returned to retailers each year. This adds up to around $260 billion of merchandise.

Store pickup at Target, Best Buy and other major retailers is getting a boost from a whole new innovation from tech startup Curbside.

The company, which has partnered with these retailers to provide a curbside pickup app for its customers, has unveiled its first ever Curbside Pickup Pod at the Glendale Galleria mall in Southern California.

It’s almost September, which can only mean one thing: The annual blizzard of holiday sales forecasts is about to begin, and this year eMarketer is one of the first out of the gate.

Consumers who visit one of the Internet's biggest retailers won’t have to worry anymore about seeing messages informing them they need to install or update Adobe Flash.

Dollar General is trying to launch a literacy revolution in in its home state of Tennessee.

The retailer presented a surprise check to students, teachers and administrators at H.B. Williams Elementary in White House, Tenn., for $50,000 to support literacy initiatives at the school.

"Reading is critical to a child's success in school and in life. We hope this gift will help infuse a renewed excitement about reading and strengthen the literacy programs available to the students," said Denine Torr, senior director of Community Initiatives at Dollar General.

Target Corp. is doing a little shopping of its own with a new sourcing solution that gives its buyers an online shopping-like experience.

Minneapolis – First Best Buy became the first national retailer, other than Apple Stores, where customers can buy the Apple Watch. Now Best Buy will reportedly become the first national retailer outside of Apple Stores to offer the Apple Care warranty program.

Livonia, Mich. - Pet Supplies Plus, a retail pet supply business with 320 stores in 25 states, positions itself as a smaller, convenient alternative to big-box competitors. Success requires proper product assortment always being available through all channels.

Later this year, Target will begin rolling out a key program that will enhance inventory visibility and accuracy in a way that the chain store giant hopes will “work its magic in the background to provide people with a seamless, stress-free shopping experience,” as the announcement from its corporate blog stated back in May.

New York – Foot Locker Inc. scored big in the second quarter of fiscal 2015 with profit and sales that exceeded Wall Street expectations. Net income was $119 million, a 33% increase from $92 million the same period the prior year.   Total sales climbed 3% to $1.69 billion from $1.64 billion. Same-store sales grew 9.6%. Falling selling, general and administrative (SG&A) expenses aided profit growth, while foreign currency fluctuation had a negative impact on sales growth.