Data & Analytics

New York -- The top executives at Whole Foods Market have issued a mea culpa via social media in regards to an investigation that found instances of incorrectly priced products at their stores in New York City.

With consumers’ “I want it now” mentality, today’s retailers seem to be investing in ways to get products to customers faster. Retailers are scrambling to get their products to customers with overnight, same-day, four-hour, one-hour and other delivery options. Such offers help on two fronts: they satisfy the needy customer and give the perception that one retailer is offering more options than others to differentiate the brand.

After initially quibbling with an investigation that found instances of incorrectly priced products at stores in New York, Whole Foods co-CEOs, Walter Robb and John Mackey offered a mea culpa in a YouTube video.

The nearly two minute video appeared on Whole Foods YouTube channel on July 1, eight days after the New York Daily News first published an article based on an investigation by the New York City Department of Consumer Affairs (DCA).

Matthews, N.C. – The pending merger with Dollar Tree Inc. took a toll on Family Dollar’s profits in the third quarter.

Expenses related to the merger drove Family Dollar’s net income down 1.5% to $79.9 million from $81.1 million the year-ago period, below Wall Street expectations.

It might seem counterintuitive to suggest that Houston, the nation’s fourth most populous city, is ever in danger of being overlooked, but the reality is that, for a long time, this rapidly growing Texas metropolis has frequently not been thought about in the same category as its peers. That is changing, however, and in many ways Houston has become that gateway market it has always longed to be. With the kind of population growth the city has been experiencing, population projections of 8 million - 9 million people in the not-too-distant future do not seem too far-fetched.

Best Buy is putting a spotlight on the way technology is impacting home appliances.

Having passed the calendar’s mid-point, we thought it would be interesting to take a look at the top 10 most-viewed stories of the year (to date) on Chainstoreage.com.

Click here.

A recently launched gifting Web site with a familiar sounding name promises to make it better to receive than give a gift.

The recently launched Web site GiftStarter – not Kickstarter – claims to be reinventing the gifting business so that family members, friends and co-workers are able to co-mingle individual budgets to offer recipients a more substantial gift.