Data & Analytics

Minneapolis – An unconfirmed executive departure at Target Corp. will have major ramifications on its digital and mobile retail operation if the report is accurate.

According to Re/Code, Alan Wizemann, VP of product for Target.com and mobile, is leaving the company for unspecified reasons.

A recent study shatters several myths about the consumers who will spend nearly $290 billion in consumer-packaged goods by 2020: millennials.

Ann Arbor, Mich. – Social media and search engines are two of the most popular online destinations, but are heading in different directions when it comes to customer satisfaction. According to new data from the American Customer Satisfaction Index (ACSI), social media’s index score climbed 4% to a score of 74 on a 100-point scale.
    

Hangzhou, China – A week after unveiling a cloud protection plan and releasing more than 60 new cloud products and solutions through its cloud computing subsidiary Aliyun, Alibaba is not standing still.

The Chinese Internet giant is firmly staking a claim in the cloud with the planned investment of an additional $1 billion to fuel further growth at Aliyun.

New York -- A recent study shatters several myths about the largest generation of young people since the baby boomers: millennials.

“At 79 million strong, the millennial generation has a tremendous amount of spending power that is growing rapidly,” said Robert Tomei, IRI’s president of consumer and shopper marketing.

Tomei said he sees a lot of potential for marketing growth.

Whole Foods Market Inc. says it is taking the right steps to position itself for the long term and sees demand for more than 1,200 stores in the United States despite reporting a lackluster increase in same store sales for the third quarter.  

The health foods grocery retailer posted a same store sales increase of just 1.3% for third quarter ended July 5. Analysts had expected a 3% increase. The company did report  earnings of 43 cents per share on $3.63 billion in revenue. Total sales increased 8% to a record $3.6 billion.

Framingham, Mass. - With an ever-growing population of individuals gaining access to smartphones and mobile devices, there's no avoiding the escalated demand to meet consumers where they are with the precise product they want. According to a new study from IDC Retail Insights, this need will in turn drive the capabilities built by distributed order management (DOM) solutions providers.

The spring and summer has brought with it a flurry of new store concepts, from established players, international newcomers and online stars. Check out the six below.