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Data & Analytics

  • Verizon: Retailers should adjust to ‘Cyber Season’

    Overall retailers had a good 2015 holiday from a digital commerce standpoint, but some patterns changed.

    According to the Verizon Retail Index, days that previously had unusual spikes in e-commerce activity, such as Black Friday and Cyber Monday, now show more normal levels of online traffic and purchase activity. Part of this shift is attributed to the widespread availability of high-speed online connections from consumer mobile devices.

  • Retale envisions virtual showroom app

    The Oculus Rift virtual reality (VR) headset is slowly gaining popularity with retailers as a customer engagement tool, and an industry vendor is hoping to capitalize on the trend.

    Location-based mobile platform Retale is releasing Retale Virtual Reality (VR) for Oculus Rift this year. Designed to be a VR, location-based shopping companion, it will provide an immersive, 3D environment where customers can shop context-based local offers.

  • Top 10 Women in Tech

    If a “leader” is someone who knows how to take charge, achieve goals and inspire others along the way — even in the most trying of circumstances — then the women featured in this special section are leaders in every sense of the word. They have toiled and proved their mettle — and smarts — in a field that traditionally has not been all that female-friendly: technology.

  • The Container Store can't contain expenses in Q3

    The Container Store is cutting its guidance for the year after the company says expenses led it to report a loss in the third quarter.

  • A good Christmas for Five Below

    Five Below says its same-store sales rose 4.1% during the holiday season, prompting the company to boost its guidance for the fourth quarter.

    The company announced that net sales for the nine-week period ended Jan. 2 increased by 24% to $286.1 million from $230.7 million in the comparable nine-week period of fiscal 2014, while same-store sales for this period increased by 4.1% over the comparable period in fiscal 2014.

  • Mall operator reaches out to shoppers

    Mall operator General Growth Properties (GGP) is looking to get in touch with customers in a new and very personal way.

    GGP has selected Mobiquity to be the provider of beacon-based advertising services for select malls in its U.S. portfolio, including Tysons Galleria (Washington D.C.), Glendale Galleria (Los Angeles), Water Tower Place (Chicago) and Ala Moana Center (Honolulu).

  • Strong dollar hits Bed Bath & Beyond

    A drop in same-store sales led Bed Bath & Beyond to report a 21% decline in profit for the third quarter.

    The retailer said same store sales in the third quarter ended Nov. 28 decreased by approximately 0.4%, compared with an increase of approximately 1.7% in last year's fiscal third quarter. Same-store sales from digital channels grew in excess of 25%.

    Bed Bath & Beyond reported a profit of $177.8 million, or $1.09 a share, compared with $225.4 million, or $1.23 a share, a year earlier. Revenue rose 0.3% to $2.95 billion.

  • Costco December comp sales up 3% with strong performance from pharmacy division

    Costco Wholesale Corporation on Wednesday reported net sales of $12.5 billion for the month of December, which includes the five weeks ended Jan. 3, 2016, an increase of 3%.

    For the 18 weeks ended Jan. 3, 2016, the company reported net sales of $41.7 billion, an increase of 2%.

    Comparable sales across Costco's U.S. network were up 3% across both time frames.

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