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Data & Analytics

  • PayPal makes digital purchases even easier

    PayPal is entering the buy button arena in a big way.

    The new PayPal Commerce service, currently running in closed beta, allows retailers to embed buy buttons into any digital format they choose. This includes blogs, emails, online ads, apps, and social shares. PayPal Commerce is based on a set of open application program interfaces (APIs) and also offers a software developer kit (SDK), making it platform-agnostic and fully embeddable.

  • IHL: Do retailers have their heads in the clouds?

    When it comes to systems infrastructure, retailers are moving in a particular direction.

    According to a new study from IHL Group, “Total Retail SaaS Market,” 26% of all retail spending on software in 2016 in North America will be cloud-based. This includes 60% of retailers’ e-commerce spend and 53% of their BI/analytics and sales/marketing software spend will be on cloud-based systems.

  • Hannaford accelerating store pick-up

    The Hannaford grocery chain is expanding its online shopping service at a rapid pace and recently hit a significant milestone.

    The Maine-based retailer recently opened its 25th location with Hannaford To Go. The service is the first of its kind in many regions. After piloting the program successfully in several stores, Hannaford opened 11 additional locations in the past year. The company plans to pursue an aggressive rollout schedule in 2016 as well, based on the success of the program and its popularity with customers.

  • What went wrong at Advance Auto parts

    Warm weather hurt sales at Advance Auto Parts in the fourth quarter, but other factors were in play too as the company’s performance lagged competitors.

    The retailer said same store sales were negatively impacted by the timing of the New Year's day holiday, which fell in the 53rd week last year, by the foreign exchange currency fluctuations from its Canadian business, and by warmer winter weather.

  • Toys"R"Us names new global leader

    Toys“R”Us has promoted its senior vice president of store operations to a global leadership role.

  • O’Reilly eyes more stores following record year

    More than 200 O’Reilly Automotive stores are expected to open in 2016 after the nation’s third largest auto parts retailer logged strong fourth quarter results and its 23rd consecutive year of same-store sales growth.

  • Whole Foods reveals more locations for new 365 store format

    While Whole Foods Market continues to work on the performance of its flagship stores, the company disclosed new locations and expressed confidence in its new store concept, “365 by Whole Foods Market,” even though the first location is not scheduled to open until May.

  • Michael Kaider has been named to CBRE’S Net Lease Property Group

    Chicago -- CBRE announced that Michael Kaider, first VP, has been named to the firm’s Net Lease Property Group.

    CBRE’s Net Lease Property Group is a select team of senior level capital markets professionals that specialize in the sale, purchase and recapitalization of single-tenant, net leased properties throughout the United States.

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