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Data & Analytics

  • Belk gets social with customers for holidays

    Regional department store retailer Belk Inc. is using social media to make the holidays a little more fun and rewarding for its shoppers.

  • O’Reilly Automotive driving record growth

    O’Reilly Automotive plans to accelerate its expansion plans in 2016 following record revenue and profit in the third quarter.

    The auto parts retailer now plans to open 210 new stores next year. The company is also on track to open 205 new stores by the end of 2015.

  • Tech Guest Viewpoint: Collaborating via Data Fusion & Analytics

    Baseball’s great accidental philosopher Yogi Berra once said, “If you don’t know where you are going, you might wind up someplace else.” In the retail business, knowing where you’re going means understanding sales, inventory, promotions, pricing, and assortment.

  • Gander Mountain announces executive promotions

    Sporting goods retailer Gander Mountain has installed a new president to lead the company through its next phase of growth.

    The company announced that Derek Siddons, executive VP and COO, will assume the role of president on the retirement of current president Michael J. Owens on Oct. 31.

  • Winn-Dixie bets on lower prices to draw shoppers

    Southeastern Grocers on Thursday announced a significant pricing initiative that addresses exactly what customers need: a $40 million investment into permanent lower prices on the products Winn-Dixie customers buy the most.

    Customers stated in a recent survey that “affordable prices” was the most important requirement from a grocery store, so Winn-Dixie is introducing a New Regular Pricing Program that will permanently reduce the prices on more than 1,500 grocery items at all 518 Winn-Dixie stores.

  • Survey: Holiday shoppers more mobile than ever

    Mobile will drive more than half of Thanksgiving Day online shopping visits (51%) for the first time in 2015.

    That is just one mobile-friendly statistic from the new Adobe 2015 Digital Index Online Shopping Predictions. The Index also forecasts mobile will account for close to a third (29%) of all holiday sales, a 12% increase from 2014. iOS will drive 22% of sales, Android just 7%.

    Looking at another emerging customer engagement channel, Adobe predicts social media will drive 2% of referred visits (flat growth), with revenue per visit highest on Facebook ($1.24).

  • Report: Target tests global digital waters

    Target Corp. may have shuttered its Canadian stores, but that doesn’t mean the discounter is done with global retailing.

    According to the Minneapolis Star-Tribune, Target has expanded a 2014 pilot program that made about 200,000 items available to U.K. customers via eBay to 64 countries. Target is also partnering with international shipping logistics firm Borderfree in a test of a new global e-commerce site, intl.target.com.

  • Now Trending: 2015 Holiday Season Retail Storecast

    “Now Trending” is an exclusive online series to chainstoreage.com, featuring trending topics that impact the retail real estate landscape.

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