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Data & Analytics

  • ParknShop selects Galleria merchandising solutions

    Hong Kong - Hong Kong-based supermarket chain ParknShop has chosen Galleria Retail Technology Solutions to further enhance its merchandising operations. ParknShop will use Galleria category planning, automation and optimization solutions to obtain insights via clustering and demand signal analytics, as well as optimize and execute its store strategy.

  • Mixed bag for Zale in second quarter

    A little more than a week after Signet Jewelers said it plans to acquire all of the issued and outstanding stock of Zale for $21 per share in cash consideration, Zale reported net earnings of $51 million in the second quarter, a 10% increase from $41 million in the prior-year period.

    Same-store sales increased 1.9%, but revenues slipped 2% to $656 million from $671 million.

  • Zale Q2 earnings rise as sales fall

    Dallas – Zale Corp. reported a 10% in net earnings during the second quarter of fiscal 2014, rising to $51 million from $41 million in the same quarter the prior year. However, revenues dipped 2% to $656 million from $671 million, while same-store sales rose 1.9%.

    Zale attributed the decline in revenues primarily to the net decrease of 86 stores compared to fiscal 2013 and a decline in the Canadian exchange rate, partially offset by the 1.9% constant currency same-store sales growth.

  • Sears: No indication of data breach yet

    Hoffman Estates, Ill. -- Sears Holdings Corp. on Friday acknowledged that it is reviewing its systems to see if it has been the victim of a security breach. To date, it hasn’t found any indication of a breach, the retailer said.

    Sears issued a statement after Bloomberg News reported on Friday that the U.S. Secret Service was investigating a possible breach at Sears. The report cited a person familiar with the investigation.

  • eBay Enterprise extends partnership with Karmaloop

    eBay Enterprise, a leading global provider of commerce technologies, retail order management, fulfillment and customer care services and marketing services for retailers and brands, has extended its partnership with Karmaloop to provide marketing solutions that increase conversion.

  • Gap Q4 profit falls 12.5% but tops Street; expanding Athleta banner

    San Francisco -- Gap Inc. on Thursday reported a 12.5% decline in fourth-quarter profit, with its results impacted by heavy discounting during the holidays. The retailer also issued a profit outlook for the full year that is below analysts' expectations, and said it will open 30 additional U.S. stores during fiscal year 2014.

    Gap reported net income of $307 million for the three-month period ended Feb. 1, better than the Street expected, down from $351 million in the year-ago period.

  • Alliance Data renews agreement with HSN

    Dallas -- Alliance Data Systems, a global provider of data-driven marketing and loyalty solutions, today announced its Retail Services business has signed a multi-year renewal agreement to continue providing both private label and co-brand credit card services for lifestyle and entertainment retailer HSN.

  • Walmart acquires tech startup Yumprint

    San Bruno, Calif. -- WalmartLabs, Walmart’s online and digital development division, has acquired Seattle-based recipe technology startup Yumprint to expand its online grocery delivery services.

    Yumprint has a website and mobile app to search and discover new recipes from thousands of food blogs, plan meals and calculate nutritional information.

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