Data & Analytics

Although mobile payment is still very much an emerging technology, the next stage of its evolution is occurring. The introduction of Apple Pay is September 2014 could be said to be mobile payment’s introduction as a mainstream technology, and the landscape has been steadily shifting since then.

Here are three key ways mobile payment is changing before the industry’s eyes.

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The CEO of Foot Locker credits the company's revised strategic framework with single digit sales gains and double digit earnings gains in the fourth quarter.

For the period ended Jan. 30, Foot Locker reported net Income of $1.14 Per Share, a 13% increase from the prior year quarter. Earnings per share were $1.16, 16% above last year. Same store sales increased 7.9%. 

The CEO of Foot Locker credits the company's revised strategic framework with single digit sales gains and double digit earnings gains in the fourth quarter.

For the period ended Jan. 30, Foot Locker reported net Income of $1.14 per share, a 13% increase from the prior year quarter. Earnings per share were $1.16, 16% above last year. Same-store sales increased 7.9%.

If you want to improve your SMS marketing, you should take a look at Walmart; they’ve got some dynamite strategies. Walmart’s SMS offerings are broad, yet each either solves a problem or reduces a pain point traditionally associated with in-store shopping.

In-Store Product Info via SMS
Walmart has developed an SMS-based system called Simple Text that allows mobile users to send a text to a phone number posted in-store to receive product location and information.

Today’s consumer is asking more and more about the food, beverage and consumer products they buy, use and consume. They want to know what is in the product, how to use it and what is in its packaging. They want to know who benefits from the manufacturing and how. And it doesn’t stop there.

The question is how CPG companies can meet this consumer demand when there is no way all of this information would fit on a package label.

Although mobile payment is still very much an emerging technology, the next stage of its evolution is occurring. The introduction of Apple Pay is September 2014 could be said to be mobile payment’s introduction as a mainstream technology, and the landscape has been steadily shifting since then.

Here are three key ways mobile payment is changing before the industry’s eyes.

Perhaps no other retailer is profiting as well from Americans' changing eating habits than Sprouts Farmers Market, which reported record sales and earnings for the fourth quarter.

The Arizona-based grocer said that same-store sales during the period ended Jan. 3 rose 7.4%. Net income was $28.2 million and diluted earnings per share were 18 cents. Net sales were $3.59 billion, a 21% increase compared to reported net sales in 2014. Adjusted diluted earnings per share of $0.86, a 19% increase from 2014.

J.C. Penney continues to be a bright spot in the retail sector with impressive increases in same store sales and earnings, as well as a new marketing campaign that is generating a lot of buzz.

On Thursday the retailer announced that same store sales grew 4.1 % for the fourth quarter ended Jan. 30. A combination of strong sales growth, accelerated gross margins and disciplined expense reduction resulted in full year adjusted EBITDA of $715 million, a $435 million increase.