Data & Analytics

RPAI names GGP exec as CFO
Oak Brook, Ill. – Retail Properties of America Inc. (RPAI) has named Heath R. Fear as its new CFO and treasurer, effective Aug. 17. Fear will play a key role in the continued execution of the company’s portfolio and balance sheet strategy, in addition to oversight of all of financial activities, including capital markets, accounting, investor relations, internal audit, internal reporting and treasury.
The Clymb minds members, merchandise
Portland, Ore. – Specialty membership-based outdoor retailer The Clymb targets active consumers with an active, content-driven marketing strategy. The Clymb drives people to its e-commerce site with content such as photos of outdoor activities on social networks like Instagram.

Gap goes seamless with inventory management

San Francisco - Gap Inc. is supporting front-end omnichannel retail operations with back-end seamless inventory capabilities. Using a “seamless inventory” model supported by technology from GT Nexus, Gap focuses on having the right products at the right time for the right channel.
Report: Major new player may enter grocery vertical

Seattle – Everyone from mass merchandisers to dollar stores has been getting into the grocery business in recent years, and the vertical may soon have a new and very large participant.
Tmall brings same-day groceries to China

Beijing, China - Tmall.com, an online shopping platform run by Alibaba Group, is launching same-day grocery delivery services to residents of Beijing. Beijing residents who order from Tmall’s supermarket before 11 a.m. will be eligible for the delivery service, called Tmall Supermarket.

Tmall is partnering with Cainiao, the logistics affiliate of Alibaba Group, to deliver the service, In the future, Tmall Supermarket and Cainiao plan to roll-out same-day delivery services to Shanghai and other Chinese cities.
Progressive purchase propels profit at Aaron’s

Atlanta – The addition of income from Progressive Holdings LLC, as well as the elimination of expenses related to the April 2014 purchase of Progressive, propelled strong profit growth at Aaron’s Inc. The rent-to-own retailer reported net earnings of $40.5 million in the second quarter of fiscal 2015, almost five times the $8.5 million earnings reported the same quarter a year earlier.
Report: Another digital giant overtakes Wal-Mart

Seattle – Last month Facebook overtook Wal-Mart in valuation, and now another digital giant has reportedly achieved the same feat. According to the Associated Press, after intense after-hours trading, which followed Amazon’s rare report of a second quarter fiscal 2015 profit, Amazon now has market capitalization of about $264 billion.
Starbucks adds 50 million shares to repurchase plan

Seattle - Starbucks Corp. is looking to increase its corporate ownership stake. The retailer has authorized the repurchase of an additional 50 million shares of the company's common stock under its ongoing share repurchase program.

This authorization has no expiration date and is in addition to the 11 million shares that remained available for repurchase as of June 28, 2015 under an existing authorization.
Survey: Gender roles shift in grocery segment

Rockville, Md. - Shifting household dynamics are changing the way Americans shop for groceries, with moms no longer always assuming this role exclusively. According to market research publisher Packaged Facts, the percentage of men who are now the primary shoppers in their households has more than doubled in the past two decades.
Tech Bytes: Data Security: Two Don’ts and One Do

Data security has been a hot topic in the world of retail IT lately. Based on some recent retail data security-related news items, I have compiled a list of two don’ts and one do when it comes to securing your data.

Don’t outsource whole portions of your e-commerce platform
City Sports tries for touchdown on personalization

Boston-based sporting goods retailer City Sports has a new tech partner to help the company offer a more personalized shopping experience across channels.

City Sports says it has selected BlueConic as the platform to translate customer intent into action.
Target opens Cyber Fusion security center