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Data & Analytics

  • NPD: U.S. restaurant count up slightly over last year

    Chicago -- The U.S. restaurant count increased by less than 1% from a year ago, reaching a total of 633,043 units, according to a recent restaurant census conducted by The NPD Group. Restaurant units increased by 4,179, or 0.7% over last year, based on NPD’s Fall 2013 ReCount, which is a count of commercial restaurant locations in the United States compiled in the spring and fall each year.
     

  • Cato Bakery deploys personalized POS solution

    San Francisco – Cato Bakery is utilizing a new iPad POS solution from Revel Systems and Index that provides customers with personalized recommendations and service. Customers can pay for their purchases and redeem personalized incentives with Index mobile technology, which is integrated directly with the Revel Systems point of sale.

    The partnership between Revel Systems and Index offers retailers with an integrated mobile payments, loyalty, and POS solution.

  • Target data breach may affect future profits

    Target continues to cope with the fallout of a data breach, which, as expected, hurt the company’s fourth-quarter results.

    The company incurred $61 million in expenses related to the breach during the quarter, but was able to bring the total impact to $17 million after applying a $44 million insurance payment.

    But the retailer added that it is not only unable to estimate future expenses related to the data breach but also warned that those costs may adversely affect operations results in the first quarter and full-year 2014 and future periods.

  • Report: Mobile subscriber context data could generate $44 billion a year

    Tampa, Fla. -- The global market for advanced services based on mobile context insights could be worth as much as $44 billion annually. A research report for Syniverse from economists at the Surrey Energy Economics Center (SEEC) values the market for operators providing services to brands based on end-user context data and proposes a sustainable long-term market structure with balanced, mutual benefit between operators, brands and consumers.

  • Tuesday Morning names real estate, IT execs

    Dallas -- Tuesday Morning Corporation has appointed Douglas B. Sullivan as senior VP for real estate and Michael J. Jones as senior VP and CIO. Most recently, Sullivan served as executive VP for development at Michaels Stores, where he led the company's real estate strategy development and rollout.  

    Jones's recent experience includes serving as executive VP and CIO for Florida-based Systemax (TigerDirect), where he was responsible for strategic business systems development, website, technology and support.

  • Calendar shift affects the Home Depot’s fourth quarter

    Although the Home Depot’s overall sales missed analysts' expectations, the retailer said the calendar shift, which resulted in one fewer week in the fourth quarter compared to the prior-year quarter, affected its results.  

    The world's largest home improvement retailer reported fourth-quarter total sales of $17.7 billion, down 3% from the same quarter last year, which benefited from an extra week in the calendar. On a 13-week basis, the company's sales actually increased 3.9%.

  • How Connecting Beacons to POS Technology Will Light Up the Entire Path to Purchase

    By Catherine Tabor, CEO, Sparkfly

    Beacons provide retailers with an opportunity to increase engagement and help direct the in-store experience, and they indicate a shift in many brands’ digital and in-store marketing and merchandising strategies. However, they need to be connected to other consumer touchpoints to deliver their full potential value to retailers.

    Merging the Physical and Digital

  • Hispanic consumers more likely to use mobile for local shopping sources

    Chantilly, Va. -- Hispanic consumers are outpacing non-Hispanics in their adoption of mobile, social and online sources for local shopping. According to BIA/Kelsey's Consumer Commerce Monitor study, nearly a quarter (23.6%) of Hispanic consumers reported they use tablets for local shopping, compared with 15.5% of non-Hispanics. And nearly half (48.5%) of Hispanic consumers use mobile devices for local shopping, compared with 32% of non-Hispanics.

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