Data & Analytics

Billabong looks to drive omnichannel growth with JustEnough
Irvine, Calif. -- Billabong International has selected a retail suite from JustEnough’s retail suite of solutions to help transform its planning and replenishment processes across all its brands worldwide.
Shopko looks into store space, market baskets
Green Bay, Wis. – Shopko Stores is looking more closely into how it uses store space. It’s also looking more deeply into customer’s market baskets.

The retailer has renewed its license of APT’s Test & Learn and Market Basket Analyzer software for another three years.

CVS Health on a roll as earnings rise

Woonsocket, R.I. -- CVS Health is showing no signs of slowing down.

The company reported that its second-quarter net income rose 2.1% to $1.27 billion. Adjusted earnings came to $1.22 per share, beating Zacks Investment Research analyst consensus of $1.20 per share.

Net revenues rose 7.4% to $37.2 billion.
Walgreens appoints Amex executive as accounting head

Deerfield, Ill. - Walgreens Boots Alliance has named Kimberly R. Scardino as its new senior VP, global controller and chief accounting officer. Scardino joins Walgreens Boots Alliance from American Express Co., where she was senior VP, business advisory controller.
Closing the Gap Between Online and the Store

Consumers don’t see “channels.” They are time-starved and information-rich, and use technology that they carry around in their pockets and purses to find the best solutions to their lifestyle needs.

The practice in retail of creating different brand experiences in different channels has gone beyond being an inconvenience to shoppers. It is the central challenge that retailers are grappling with today.
Three Reasons Cloud-Hosting Providers are Targeting Retail

Retail is becoming an increasingly hot market for hosted cloud computing providers. Some of those providers, such as Amazon Web Services (AWS) and the Aliyun cloud division of Alibaba, are operated by retailers.
Store closings accelerate as Office Depot awaits FTC ruling

The pace of store closings at Office Depot is accelerating and employee retention costs are rising as the retailer maintains that its merger with Staples will close by year end.
Instacart, Deliv turn up the heat in delivery wars

The options for consumers who dread the store checkout lane are exploding now that fast growing Instacart is on a hiring spree and competitor Deliv says it will be expanding into more than 100 cities.
Walgreens Boots names new CAO

Walgreens Boots Alliance has hired a former controller at American Express as its next accounting chief.
Petco picks bank for possible IPO

Petco is preparing for a potential initial public offering or sale that could value the pet supplies retailer at between $4 billion and $5 billion.

Reuters is reporting that the retailer has selected Goldman Sachs to help with an IPO of the San Diego-based company that could take place as soon as this year.
CVS Health surpasses expectations once again

With second-quarter net revenues up 7.4% to $37.2 billion, CVS Health shows no signs of slowing down.
Shopko focuses on assortment and store space

Shopko Stores is looking more closely at how it uses store space and how customers fill their baskets.

The retailer has renewed its license of APT’s Test & Learn and Market Basket Analyzer software and APT’s Space Planning Optimizer software.