Data & Analytics

Energy Design Service Systems (EDSS) has opened a new office in Mexico, representing the culmination of the company’s year-long efforts to expand its market reach internationally and increase exports to Mexico.

EDSS welcomes its new sales representative Yennise Garza, who brings more than a decade of experience in sales and market research to the EDSS team. With Garza’s help, EDSS expects to participate in Mexico’s increasing efforts to reduce the country’s energy consumption to meet their ambitious carbon reduction goals.

For millennials it’s little more than legend, but the dotcom crash of the early 2000s was a very real event for any retail IT professionals of the Gen X or Baby Boomer demographics.

As retailers prepare to kick off the technology conference/user group season with the upcoming NRF “Big Show,” it might be a good idea to review a few lessons from that era about how to properly evaluate vendors and solutions.

A Shaky Investment

Ollie’s Bargain Outlet is raising its full year outlook after the discount retailer holiday strategy delievered strong sales growth.

The company annouced that net sales over the holidays increased 23%, while same store sales increased 5.6%.

BCBG Max Azria Group LLC, a vertical specialty women’s apparel retailer that operates an e-commerce site and store-within-a-store locations, is working to eliminate channel silos.

BCBG has selected cloud-based Aptos solutions to integrate its in-store and digital commerce operations, supporting a seamless omnichannel customer experience. The retailer was looking to transform aging legacy systems, integrate sales channels, and elevate in-store customer experience, while gaining 360-degree visibility of customers, inventory and transactions across all channels.

Oracle is introducing Oracle Retail 15, an enterprise retail suite that includes diverse features such as new cloud-based applications and POS hardware solutions.

In the cloud area, Oracle is adding four new retail-specific services.

• Using Oracle Retail Sales and Productivity Cloud Service, retailers can gain real-time insights into comparative sales, salesperson productivity, merchandise productivity, store sales, and store traffic.

The winners in today’s retail food retail sector will be those who can continually stay ahead of competitors by retaining current customers and attracting new ones.

However, many of the tools of yesterday are likely stale and ineffective today. Trending indicates that older, traditional practices of discount/promotional pricing, printed signs/stickers, and aisle video display monitors to attract customers and increase sales are becoming outmoded and have lost their effectiveness in many food retail environments.

Genesco is lowering its earnings forecast for the fiscal year despite a 3% increase in same-store sales over the holiday period.

The company said same-store sales increased 3% for the quarter-to-date period ended Jan.2. Sales for the company's e-commerce and catalog direct sales businesses increased 20% on a comparable basis for that period.