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Data & Analytics

  • New retail powerhouse in the making?

    Lidl, the German no-frills grocery chain, is shaping up as a potential retail powerhouse even before it opens its first U.S. store.   The company will generate $8.8 billion in sales by 2023, larger than Wegman’s 2016 value of $8.1 billion, according to a just-released forecast by Kantar Retail.  
  • Alliance Data to continue credit card partnership with home furnishings giant

    Alliance Data’s card services business has renewed its agreement with Restoration Hardware.   Alliance signed a long-term renewal agreement to provide private label credit services for the luxury home furnishings retailer.       
  • Tile Shop tops Q3 estimates

    The surge in home improvement projects is helping fuel sales at The Tile Shop.    Tile Shop Holdings Inc. on Tuesday reported third-quarter profit of $4.6 million for the third quarter, ended Sept. 30. Earnings, adjusted for non-recurring costs, came to 10 cents per share.   The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share.  
  • Walmart jumps into free movie streaming

    Walmart is making a bold move in the competitive on-demand digital content marketplace.   Leveraging its free, premium video streaming service called Vudu, the retail behemoth now features “Vudu Movies on Us,” a program that offers customers the ability to watch “thousands of movie and TV titles for free, and on-demand, with limited commercials,” according to a company statement.  
  • Report: Millennials drive earliest, most digital shopping season ever

    As the holiday shopping season “unofficially” gets underway, millennials are expected to lead the charge.   This early movement is also putting the season on pace to have the highest e-commerce sales revenue yet, according to the “2016 Holiday Initiative Summary Report,” from Criteo. The study reveals consumer holiday shopping behaviors, the role and impact of digital advertising, and e-commerce trends that retailers are urged to leverage in the upcoming months.   
  • Cycling retailer centralizes omnichannel experience

    As omnichannel retailing becomes mission-critical, Performance Bicycle is making bold moves to merge its physical and digital experiences.  
  • Take a peak inside Amazon’s Drone lab in the United Kingdom

    Amazon gave some very special visitors a tour of its top secret drone testing laboratory in Cambridge, England.  
  • eBay boosts furniture shopping

    eBay’s newest furniture destination looks like a page right out of Architectural Digest.  
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