Data & Analytics

Columbus, Ohio – Express Inc. is naming a new CFO, and not looking far to fill the role.

Perry Pericleous, previously VP, finance, has been promoted to senior VP, CFO and treasurer, reporting to Matthew Moellering, executive VP and COO.  

Pericleous succeeds Paul Dascoli, who has left the company, effective July 7. Pericleous, 42, is a 15-year veteran of Express and most recently served as VP, finance with responsibility for all financial planning and analysis functions.

Kenosha, Wis. – Some things are traditionally assumed not to mix – oil and water, cats and dogs, finance and IT. While the CFO has been taking a more active role in high-level IT decision-making in recent years, vertical apparel retailer Jockey International Inc. mixes money with technology more than most of its competitors.

The Wall Street Journal reports that privately held Jockey recently hired Dain Bussewitz, former VP of finance at Abercrombie & Fitch, to assume the combined role of CIO and CFO.

In pursuit of the holy grail of maximizing supply chain efficiency, solutions provider Orchestro is taking on the $252 billion challenge with the latest version of its Tango product platform.

Orchestro is a leading demand analytics and data management company and Tango is the name of the collection of software solutions consumer packaged goods companies use to solve some of their biggest supply chain challenges. Technically speaking, Tango is what supply chain executives and IT types call a SaaS-based demand signal management platform.

Framingham, Mass. – There are a lot of things parents look for when doing back-to-school shopping, but as Randy Newman once sang, it’s money that matters.

A new online survey of parents of children ages 8-18, commissioned by Staples and conducted by Harris Poll, finds that price is the top consideration for 86% of these parents when buying school supplies.   

Highlights of Staples 2015’ Back-to-School Parents Survey include:

Although summer vacations have just begun for many schoolchildren, parents already have back-to-school shopping on their minds.

Today, nearly half of the world’s payment cards are EMV-enabled, meaning that the cards are embedded with special computer chips that help reduce counterfeit card fraud. The cards also protect retailers and consumers against losses caused by this fraud. The prevalence of EMV cards will only continue to increase with the upcoming liability shift in the U.S. in October, when merchants that are not EMV-compliant will be held liable for financial losses incurred from counterfeit card fraud.

Westborough, Mass. – Keeping up the store is never an easy prospect, especially when you operate hundreds of stores with POS applications and peripherals from multiple vendors. To ensure store upkeep, at least from a hardware perspective, BJ’s Wholesale Club Inc. has selected Toshiba TCxCare to manage and be the single point of contact for “wall to wall” maintenance services at its 200 stores.

New York -- High-end luggage and accessories Tumi has selected LED lamps from Solais Lighting, a division of PowerSecure International, has its lighting product of record. Tumi has specified Solais’ Xi20 and Xi24 PAR LEDs featuring the company’s VioLight color-enhancing technology.

Tumi recently installed the LEDs in its store in New York City’s Rockefeller Center.