Data & Analytics

Women in Factories training funded by Walmart
The Walmart Foundation increased to $10 million its investment in an educational program on track to provide training to 60,000 women in 150 factories.

The increased funding commitment to the Women in Factories program begun in 2011 was announced in Beijing by Scott Price, CEO of Walmart Asia at the 2014 APEC CEO Summit. The Women in Factories program has already provided training to 40,000 female factory workers and by the end of 2016 the figure is expected to increase to 60,000 women at factories in India, Bangladesh, China, El Salvador, and Honduras.
If the app fits, wear it
Stride has developed a new app called RiteFit that allows an iPad to be used as a device to accurately determine a child’s shoe size.

Study: Retailers will apply Big Data analytics on front end

London, U.K. -- Analytics will be applied in front-end as well as back-end applications in retail. According to a new study from Frost & Sullivan, the aim of every retailer is to integrate data from multiple channels to provide an omnichannel experience for the customer.
Abercrombie & Fitch Q3 sales drop 12%, missing estimates

New Albany, Ohio –- Abercrombie & Fitch reported net sales of $911.4 million for the third quarter of fiscal 2014, less than Wall Street forecast, down 12% from $1.03 billion in the year-ago period. The chain cited slowing mall traffic and weaker results in the latter part of the quarter.
Discontinued operations boost Bebe Q1 net loss

Brisbane, Calif. –- Net loss at Bebe Stores Inc. increased to $10.8 million in the first quarter of fiscal 2015, up from $7.9 million the same period the prior fiscal year. Loss from discontinued operations boosted total net loss. Net sales from continuing operations were $102.2 million, a decrease of 6.5% from $109.3 million, primarily as a result of store closures. Same-store sales grew 0.7%, the first quarterly same-store sales increased reported by Bebe since fiscal 2012.
EBay launches interactive art auction promo

San Jose, Calif. –- EBay is launching a collaboration with artist and illustrator Mario Wagner to create an interactive art installation in New York City. Titled Art For All, the installation celebrates the recent launch of EBay’s new live auctions experience, which makes a selection of art and collectibles from auction houses around the world available on EBay.
Sprouts beats Street with Q3 profit

Phoenix, Ariz. -- Net income at Sprouts Farmers Market Inc. soared 79% to $26.1 million in the third quarter of fiscal 2014 from $14.6 million in the same quarter a year earlier. A reduction in pretax losses helped boost net income growth.
More than 50 retailers, QSRs, hospitality firms select Reflexis

Dedham, Mass. -- Reflexis Systems Inc. announced that more than 50 retailers/brands, quick serve restaurants (QSR), and hospitality companies have selected real-time execution, workforce management, and advanced analytics solutions from Reflexis to date in 2014.
Realignment increases loss at Fairway Market; new CEO, CMO named

New York –- Corporate realignment costs, particularly severance, increased net loss at Fairway Group Holdings Corp., the parent company of Fairway Market, during the second quarter of fiscal 2015. Net loss grew to $17.23 million from $12.22 million.
RetailNext: Friday Halloween negatively affects Saturday store sales
Tech Guest Viewpoint: Personalizing Customer Interactions

By John M. Pierre, Linguastat The single greatest challenge that retailers face today is to have an individualized “conversation” with each customer and to do so on a global scale. Consumers expect a similar personalized experience regardless of channel, from the marketing offers they receive to the products that appear in search results.
Home Depot hackers got 53 million email addresses

Atlanta –- In addition to obtaining data from 56 million payment cards between April and Sept. 2014, hackers who infiltrated the network of The Home Depot Inc. also obtained the email addresses of 53 million customers. In a statement on its website, the retailer said the files containing the email addresses, which were separate from the payment card files, did not contain passwords or other sensitive information, but customers should still be on guard against phishing scams.