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Data & Analytics

  • Cash is still king with U.S. shoppers

    Pleasanton, Calif. - Shoppers are using a larger variety of payment options with digital and mobile payments serving as supplements to the traditional cash and card-based payments tools. According to a new study of 1,000 consumers released by Blackhawk Network, while 93% of consumers still use cash; 68% use debit cards; 62% use PayPal and 14% have made mobile payments on smartphones or tablets.

  • What’s an Intern Innovate-a-Thon? Ask Kohl’s.

    Milpitas, Calif. – Some interested students are getting a hands-on education courtesy of Kohl’s.

    Kohl’s Digital Center, in Milpitas, Calif., is home to a summer internship program that gives students a first-hand look about the role technology plays in retail. On July 23, Kohl’s interns took part in Kohl’s first ever Intern Innovate-a-Thon.

  • New service offers real-time local mobile offers

    Woodland Hills, Calif. – A good politician knows to focus locally, and increasingly retailers are following that lead. In that spirit BrightStreet Ventures, the technology affiliate of shopping center developer NewMark Merrill Companies, has launched BlueList, a real-time mobile offers service for local merchants and nearby consumers.

  • Drought doesn't deter Big 5 Sporting Goods

    The CEO of Big 5 Sporting Goods Corp. says sales and earnings are growing at the California-based retailer despite the recreational impacts of the drought in that state.

  • Old Navy empowers kids to be #Unlimited

    This back-to-school season Old Navy is asking kids at Boys & Girls Clubs around the country what it means to be #Unlimited.

  • Lower costs boost Rent-A-Center profit

    Plano, Texas – Reductions in labor hours and store expenses, as well as a sourcing and distribution initiative, helped boost profit at Rent-A-Center Inc. in the second quarter of fiscal 2015. Net income rose 31% to $23.15 million, from $17.68 million the same quarter a year earlier.

    Consolidated revenue also performed well, growing 6% to $815.34 million from $768.43 million. Consolidated same-store sales increased 7.5%, aided by especially strong performance in Mexico stores.

  • JD.com enhances enterprise procurement

    Beijing – Chinese e-commerce platform JD.com Inc. has unveiled an enhanced version of its online enterprise procurement platform, JD Enterprise. The JD Enterprise Intelligent Procurement Platform, initially launched in late 2014, uses data-driven insights to make the procurement process more efficient for both suppliers and customers.

    The new services unveiled will enable corporate customers to manage more of their procurement functions directly via JD Enterprise.

  • Retail disposition firm buys daily deal platform

    Northbrook, Ill. - Hilco Merchant Resources LLC (HMR), a provider of retail disposition services such as liquidation and acquisitions, has purchased online retail and daily deal e-commerce platform Deal Genius LLC.

    Deal Genius was launched as a flash retail sales web business in 2004. The site delivers daily deals on brand name home goods, apparel, consumer electronics, pet supplies and other merchandise.  The company was founded by CEO Chris Matsakis, who will continue in that role going forward.  

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