Data & Analytics

Indianapolis -- The Finish Line announced that Imran Jooma has joined the company as chief omnichannel officer and executive VP. He will be responsible for all of the Finish Line brand’s customer facing touch-points including digital, store operations, the customer care center and brand marketing

New York -- Aeropostale Inc. on Monday narrowed its fourth-quarter loss forecast on better than expected sales, margins, and expense management in January, and announced two executive appointments.  

Starkville, Miss. -- Camgian Microsystems announced today the closing of a new contract to deploy Egburt into the largest fred’s Super Dollar franchise group in the U.S. to provide company personnel with real-time actionable intelligence through the monitoring of equipment health and customer foot traffic.

Iselin, N.J. -- Birdzi, a provider of location analytics and mobile applications for personalized shopper engagement, announced that Woodman’s Foods, an independent and employee-owned grocery retailer with stores in Wisconsin and northern Illinois, is now a member of Birdzi’s Personiphi Network and has selected the company’s Shopper Engagement platform to provide personalized savings to shoppers.

After a rollout to one store in 2014, Woodman’s Foods will roll out the solution to all of its 15 stores by spring 2015.

Columbia, Md. – Although it is now dismissed as a “legacy” technology, email can still provide value to retailers’ CRM (customer relationship marketing) efforts, as can mobile technology and loyalty programs. According to new data from CRM firm Merkle, 67% of consumers want a totally mobile path to purchase and 42% of supermarket shoppers use their phones at least once during a trip.

New York - While the digital age has encouraged more consumers to shop and browse products on the Web, physical stores are still primary destinations for shoppers, according to an annual survey by PwC's.

Washington, D.C. - Retail industry employment increased by 34,800 jobs in January 2015, as retailers held on and even added to their staffs following the holiday shopping season. According to data from the National Retail Federation, monthly gains occurred in the sporting goods, non-store (e-commerce), and general merchandise store verticals.

Total retail employment increased by 215,600 jobs on a year-to-year basis, according to NRF’s calculations, which do not include automobile dealerships, gasoline stations or restaurants.

Hangzhou, China – Alibaba Holding Group Inc. is bolstering its mobile commerce position by purchasing a $590 million minority stake in Chinese smartphone manufacturer Meizu. As a result of the investment, Alibaba and Meizu will collaborate to integrate Meizu’s hardware and Alibaba’s mobile operating system.

Chesapeake, Va. - Dollar Tree Inc. is arranging financing for its pending acquisition of Family Dollar Stores Inc. To that end, Dollar Tree has priced a private offering of $$2.5 billion of senior notes due 2023 and $750 million of senior notes due 2020. The 2023 notes will bear an annual interest rate of 5.75% and the 2020 notes will bear an annual interest rate of 5.25%.

Dollar Tree has also arranged for a $1 billion term loan with interest of LIBOR plus 2.25% and a $3.95 billion term loan with interest of LIBOR (subject to a 0.75% floor) plus 3.5%.

Phoenix – Same-store sales rose 2.6% at PetSmart Inc. during the fourth quarter of fiscal 2014. Average ticket increased 2%, and same-store transactions increased 0.6%.