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Data & Analytics

  • Bonobos moves to the cloud for content management

    Bonobos has decided to move from a consumer file sync and share solution to enterprise-wide content management in the cloud.   The menswear retailer is deploying Box’s content management platform enterprise-wide for managing and collaborating on content in the cloud.  

  • Walmart and Jet.com: The future of clicks and mortar

    On Aug. 8, Walmart announced it would buy Jet.com -- one of the fastest growing e-commerce companies in the U.S. -- for a whopping $3 billion.   

  • Best Buy full of surprises in Q2

    Best Buy Co. exceeded analysts’ expectations on several fronts in its second quarter.   Profit surged a better-than expected 21% in the quarter ended July 30, rising to $198 million from $164 million in the year-ago period.   Best Buy’s overall revenue totaled $8.5 billion, which was basically flat with last year, but also better than expectations.      

  • Report identifies holiday shopping challenges

    Consumers expect to spend the same or less on holiday gifts this year.   That’s according to Berkeley Research Group, whose 2016 Holiday Retail Outlook report also identified five major challenges facing retailers as they head into the holiday season.  

  • Walgreens becomes first retailer to integrate loyalty program with Android Pay

  • Best Practices: Safeguarding Against Money Counterfeiters

    According to the United States Secret Service, there are $ 1 trillion bank notes in circulation. Of this, $2.5 billion is fake. In 2013, U.S. authorities recovered $89 million in counterfeit money. Unfortunately, this is not good news for businesses as these statistics affect them in a major way.   

  • First Data report: Back-to-school spending starting to heat up

    Back to school sales appear to be rebounding this year after experiencing sluggish growth over the past three years (2013-2015).   That’s according to First Data’s Back-to-school SpendTrend report, which is based on aggregate same store sales activity in the First Data point-of-sale network.   Some of the most significant findings include:  

  • Target CIO talks stores, digital, supply chain and more

    Mike McNamara, a former executive at British retailer Tesco PLC, joined Target as CIO last summer, moving from London to Minneapolis.   In a Q&A on Target’s website, McNamara discusses highlights of his first year with the discounter and priorities going forward. He also spoke about Target’s tech hiring boom.    
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