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Data & Analytics

  • Destination XL Group swings to Q4 profit

    Canton, Mass. -- Destination XL Group Inc. grew sales and margin and swung to a profit in its fourth-quarter, reporting net income of $1.6 million, after a $55.1 million loss in the same period a year earlier. It also announced plans to open 40 DXL stores in 2015.

    The retailer of men’s big and tall apparel reported revenue of $119.6 million in the period. Sales per square foot in DXL stores rose 10% to $165. Total same-store sales increased 8.9%.

  • Ikea installing fuel cell system that convert biogas into electricity

    Conshohocken, Pa. -- Ikea announced plans to install a fuel cell system at its location in Emeryville, California. Consistent with the retailer’s focus on emerging energy technologies, is the first Ikea in the world to convert biogas into electricity through a clean electro-chemical process. The fuel cell system will be installed, commissioned and activated by this summer, 2015.

    Ikea contracted Bloom Energy, Sunnyvale, California, for the design, development and installation of the fuel system.

  • Weis Markets expands in-store pickup service

    Sunbury, Pa. — Weis Markets is set to expand online shopping with in-store pick-up to its 26th location, making the service available at its West Lawn, Pennsylvania, store.
     

  • NCR to help modernize Defense Commissary Agency’s systems

    Duluth, Ga. -- NCR Corp. announced that NCR Government Systems will modernize operations for the Defense Commissary Agency (DeCA). DeCA’s Enterprise Business Solution (EBS), built upon NCR’s software solutions, will help to transform DeCA’s mission-critical retail systems and provide industry-leading capabilities that optimize its operations from warehouse replenishment through to the point-of-sale, along with customer loyalty management and payment solutions.

  • Accenture: Retailers struggle to meet consumers’ in-store, mobile needs

    New York -- U.S. retailers are struggling to meet the demands of consumers, according to a report by Accenture. An overwhelming majority (82%) of consumers expect a retailer’s prices to be the same in-store and online, up 13% over last year’s study, but only 34% of retailers met this expectation for more than 80% of the items assessed, Accenture found.

  • Sam's Club wins payment innovation award

    Sam’s Club’s newest credit card program has been recognized as an innovator in the fast-changing world of payment technology.

    Sam’s Club’s 5-3-1 card earned a Gold Medal in the Best Comeback Story category in the PYMNTS.com 2015 Innovator Awards.

  • Study: Retailers missing the omnichannel mark

    Retailers must move quickly to improve their ability to deliver a “seamless retail” experience to customers, according to new research by Accenture released Wednesday.
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