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Data & Analytics

  • Rent-A-Center appoints veteran IT leader as new CIO

    Rent-to-own retailer Rent-A-Center Inc. has named Angela Yochem to senior VP, IT and CIO.

    Yochem’s responsibilities will include developing Rent-A-Center’s IT talent; expanding recently developed technologies; enhancing the company’s web, online and mobile solutions; and providing technology leadership for new opportunities.

  • Foot Locker profits hit new heights in Q1; sales miss

    Foot Locker Inc. saw net income reaching unprecedented levels during the first quarter of fiscal 2016, although sales growth missed Wall Street expectations.   Net income rose 4% to $191 million, from $184 million. Higher pretax income offset a slight increase in income tax expense, resulting in the profit boost. Sales also climbed 4% to $1.99 billion, from $1.92 billion. Same-store sales rose 2.9%.  

  • Solid Q1 for men’s apparel retailer

    Big and tall men continued to spend in the first quarter, bucking slow apparel sales throughout the rest of the industry.   Destination XL Group Inc. posted revenue of $107.9 million in the quarter, up 3.3% from $104.4 million in the year-ago period. Total same-store sales rose 2%.  

  • Three Supply Chain Lessons from Momentum 2016

    The recent Momentum 2016 conference held by Manhattan Associates in Orlando, Florida, was a great opportunity to catch up on the latest developments in supply chain solutions and strategies.   Here are three especially important retail supply chain trends uncovered and explained at the event:   Supply chain is key to omnichannel

  • Innovative retail concept combines offline and online at the mall

    Off-price retailer Century 21 will make its West Coast debut in a most unusual way — taking over a high-tech, high-touch “smart” store for six weeks.  

  • Retail real estate execs place winning bets at RECon

    A record 36,000 retail real estate professionals are gathering in Las Vegas this week for the annual RECon conference where for an intense few days they will exchange ideas -- doing deals and showcase hot projects against the backdrop of a challenging retail sales environment and heightened omnichannel activity.  

  • Target, Los Angeles

    A new guest service counter, interactive displays, new food vendors and LED track and valance lighting are just a few of the updates being tested in 25 Target stores in the Los Angeles area.   The initiative, called LA25, features different enhancements Target has been testing across stores and puts them all together to see how they impact stores and the customer experience.    

  • Tech Bytes: Three Supply Chain Lessons from Momentum 2016

    The recent Momentum 2016 conference held by Manhattan Associates in Orlando, Florida, was a great opportunity to catch up on the latest developments in supply chain solutions and strategies. Here are three especially important retail supply chain trends uncovered and explained at the event: Supply chain is key to omnichannel
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