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Data & Analytics

  • Fred’s joins InStream POS marketing network

    Memphis, Tenn. - Fred's Super Dollar is enhancing its POS marketing efforts. The retailer has joined inStream's retailer network of 38,000-plus stores offering POS and digital marketing programs.  

    The Fred's/inStream partnership will reach more than 2.2 million shoppers across 600 stores each week with targeted offers, on the "front" of their consumer receipts which will feature eye-catching graphics.

  • Tech Guest Viewpoint: Three Things That Could Stall Apple Pay in 2015

    By Jim Maholic, Hitachi Consulting

    Apple’s new mobile wallet solution, Apple Pay, was introduced to great fanfare as shoppers headed into the 2014 holiday shopping season armed with the new iPhone 6 and iPhone 6 plus. Apple was quick to proclaim its success with one million activations in the first 72 hours – instantly vaulting it to the top, according to Tim Cook.  

  • Retail sales fall more than forecast in January

    New York -- Retail sales fell 0.8% in January, more than forecast, amid smaller receipts at gas stations due to plummeting fuel costs and declines at apparel and sporting goods stores, according to the U.S. Commerce Department. It was the second straight month of decline, suggesting consumers still remain cautious when it comes to spending. Sales excluding automobiles, gasoline, building materials and food services edged up 0.1%, also less than forecast, after being flat in December.

  • Zulily posts $1.2B in sales in 2014

    Zulily achieved $1.2 billion in annual sales during 2014, but Wall Street was none too happy with that.

    The flash-sale website operator expects first-quarter sales of $300 million to $320 million, compared with the $371 million estimate from analysts surveyed by Thomson Reuters. For the full year, it expects $1.5 billion to $1.65 billion, compared with an analyst estimate of $1.75 billion.

  • Holidays not very merry for Cabela's

    The CEO of Cabela’s is blaming marketing costs for the company’s weaker earnings in the fourth quarter.

    For the quarter, total revenue increased 7.2% to $1.3 billion; retail store revenue increased 13.9% to $810.6 million; direct revenue decreased 5.4% to $349.9 million; and financial services revenue increased 9.9% to $113.3 million. During the period, same store store sales decreased 5.5%.

  • GNC to open 125 new stores

    GNC Holdings Inc. is looking to 2015 as a year of expansion. The retailer plans to open 125 total net new domestic and retail segment locations, and has plans for more.

    The retailer also will open approximately 150 net new international franchise locations, and approximately 30 net new GNC-Rite Aid store-within-a-store locations.

    GNC announced its store growth plans as part of its fourth quarter 2014 financial results. During the quarter, net income rose 9% to $51.77 million from $47.66 million. A decrease in interest expense drove the rise in profits.

  • Apparel retailers look for fit in world of wearables

    A few years ago, the Fitbit exploded onto the wearables market, and the idea that you could track your physical data throughout the day became the latest fad for health buffs.

  • Whole Foods Q1 profit tops forecasts as sales accelerate

    Austin, Texas -- Whole Foods Market's value message is resonating with shoppers as the chain delivered same store sales growth of 4.5% and record first quarter profits as net income increased to $167 million from $158 million.

    The retailer said sales for its first quarter ended Jan. 18 increased 10% to $4.67 billion due to the addition of new selling space and the increased productivity of existing stores reflected in the 4.5% comp increase, which pushed sales per square foot to $990.

  • Belk promotes omnichannel head to CIO

    Charlotte, N.C. - Belk Inc. has named Scott Kessler as CIO, effective immediately. Kessler, who will report to John R. Belk, president and COO, has served as Belk’s senior VP of omnichannel solutions delivery since March 2014.
     
    Prior to that role, Kessler has more than 20 years of IT experience, nearly 10 years of which was with GSI Commerce Solutions where he was senior VP of products technology.

  • Survey: Smartphone shopping trails smartphone use

    Denver – Smartphone use continues to rise, with 71% of all consumers and 85% of Millennials owning a smartphone. However, Placeable recently surveyed 1,000 U.S. consumers and found that 42% have never purchased anything on their mobile phones, and more than nine out of 10 consumers don’t use mobile payments when they’re available.

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