Data & Analytics

Washington, D.C. – Despite all the hype surrounding Apple Pay and other digital wallet solutions, so far consumer response to the digital wallet phenomenon has been one big shrug of the shoulders.

Gallup analysis shows that only 13% of U.S. adults with a smartphone have a digital wallet on their device.

Dallas – The Elephant Bar casual dining chain is herding loyalty members as they approach local stores.

The 29-unit retailer has deployed the Paytronix Geofencing solution to send messages designed to compel visits from members of its rewards program when they are within a set proximity to a restaurant.
In a review of three recent campaigns, Elephant Bar determined that approximately 30% of members visited a restaurant on the day that they received a geofencing message.

Redwood Shores, Calif. – Oracle is enabling retailers to fulfill orders in the cloud with two new product releases on the Oracle Supply Chain Management Cloud platform. The two solutions, Oracle Order Management Cloud and Oracle Global Order Promising Cloud, provide modern order promising, management, visibility and fulfillment capabilities.

When building and deploying mobile apps, retail and distribution firms have employed a variety of approaches, including custom app builds, cloud-based DIY app builder tools, and in some cases, building their own enterprise app stores. No matter what path is chosen, businesses involved in all aspects of retail are turning their attention to applications that can improve the productivity and efficiency of an increasingly mobile workforce.

Meet Ruchika Kumar, CEO of SKU IQ, a tech-start-up participating in business accelerator Plug and Play's retail accelerator that matches retailers with complementary technology solutions.

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Pittsburgh – Retailers wondering which smartphone operating systems they should support with their mobile and omnichannel programs can reach more than half of all users with a single OS.

In the second quarter of 2015, 52% of all smartphone shoppers used iOS 8, according to the Branding Brand Mobile Commerce Index. iOS 8 also generated 56% of all smartphone revenue in second quarter 2015.

Mahwah, N.J. - Ascena Retail Group Inc. has downgraded several aspects of its outlook for fiscal 2015, which ends July 25. Ascena now expects full-year adjusted EBITDA from continuing operations in the range of $365 million to $375 million, and full-year adjusted earnings per diluted share from continuing operations in the range of $0.57 to $0.60, as compared to its prior expectation of $0.70 to $0.75 per share

Retailers are investing heavily in their supply chains in order to cope with surging e-commerce volumes, but customer experience enhancements must be planned carefully if profitability is to be maintained.