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Data & Analytics

  • Fresh Market taps a lion as new CEO

    Greensboro, N.C. -- The Fresh Market named a veteran food retailer who once led Food Lion as its new president and CEO. The hiring follows the abrupt termination of the chain's former CEO and comes as the once high-flying chain has seen its sales stagnate.

  • Guitar Center promotion is a hit

    Guitar Center has crowned the winner of its Cover Me promotion, which aims to jump-start the career of amateur musicians.

    The retailer along with DJ Zedd have selected Tyler Acord, aka Scout, as the winner of Guitar Center's Cover Me contest.

  • Dollar Tree merger good for sales, but related costs hammer earnings

    Chesapeake, Va. -- Dollar Tree swung to a loss in its second quarter on higher integration costs related to its acquisition of a formal rival. But its revenue skyrocketed as a result of the merger.

    On July 6, Dollar Tree completed its $9 billion acquisition of Family Dollar Inc.

  • IHL: One vendor dominates hardgoods POS market

    Franklin, Tenn. – Unlike the softgoods retail POS market where there are two leading vendors, one vendor clearly dominates the POS market for hardgoods retailers.

    According to the new “POS Software of Hardgoods” study from IHL Group, Oracle is the clear market leader in the hardgoods market, with 39 of the top 200 accounts.  

  • Millennials choose retailers for different reasons than elders

    Los Angeles – Millennial consumers choose retailers based on different criteria than their elders. A survey of more than 13,000 e-commerce shoppers by Bizrate Insights found that millennials are by far the most price-sensitive with low pricing driving their choice of retailer.

  • Belk goes omnichannel for back-to-school

    Belk Inc. looks like it has found a winner in a just-completed omnichannel back-to-school promotion.

    Working with digital marketing provider HelloWorld, Belk allowed customers to both submit and vote on “looks” such as dorm room, game day and night out, created with Belk merchandise.

  • Shoe Carnival celebrates profit hike in Q2, plans new stores

    Evansville, Ind. -- Shoe Carnival Inc. kicked up its heels about its profit in the second quarter, but missed on sales.

    Aided by higher merchandise margins and lower advertising expenses, Shoe Carnival reported net earnings of $4.8 million, up 84% from $2.6 million a year earlier. Its results easily beat estimates.

    Net sales rose 2% $227.8 million, less than expected, from $222.1 million. Same-store sales rose 0.5%.

    Shoe Carnival plans to open 21 new stores and close 15 stores by the end of fiscal 2015.

  • HEB joins Instacart bandwagon

    Regional supermarket operation H-E-B wants to make its customers lives’ better and believes its new relationship with Instacart accomplishes that objective.

    H-E-B is the latest retailer to reach an agreement with grocery delivery service provider Instacart to offer home delivery in the Austin and Houston markets.

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