Data & Analytics

Columbus, Ohio -- DSW Inc. received the "Best Omni-Channel Experience Award" at the eBay Enterprise's annual Imagine Commerce Conference held in Las Vegas. The award recognizes retailers and brands who deliver exceptional omnichannel customer experience through innovation, creativity and growth.

DSW Inc. has been on a win streak lately, with growing profits and store counts. Now the retailer has notched another win, this time for its excellence in omnichannel retailing.

Armonk, N.Y. -- IBM and Facebook on Wednesday announced they are teaming up to help retailers and other brands provide more personalization in their marketing efforts on the social network.

The two companies said they are now working together to integrate Facebook’s existing ad technologies, such as Custom Audiences, into IBM’s array of tools and services for retailers.

With retailers and CPG companies continuing to struggle with in-store execution issues like on-shelf availability, inventory and promotions, leading supply chain analytics and insights provider Orchestro asked industry thought leaders to weigh in on the three key questions.

Go to the Orchestro article by clicking here.

New York -- Borderfree, a provider of cross-border e-commerce services, announced that it signed a definitive agreement to be acquired by Pitney Bowes Inc. for $14 per share in cash, or approximately $395 million. The acquisition comes as Pitney Bowes looks to expand more into software and digital-commerce services.

Seattle -- Online retailer Zulily has launched of its first major website redesign, which will provide a more customized daily shopping experience for each of its customers.

"We are changing the way people shop by allowing customers to easily discover unique and special products every day," said Darrell Cavens, CEO of Zulily. "The site redesign is the first of several initiatives for the year that will allow us to continue to surprise and delight our customer each and every day."

London -- Retailers worldwide lose a staggering $1.75 trillion annually due to the cost of overstocks, out-of-stocks and needless returns, according to new research from retail analyst firm IHL Group, commissioned by OrderDynamics.

Flash sale site Zulily is making “significant progress” toward growth, accord to its CEO, and moving ahead with the launch of a redesigned website.

The company reported that revenue in the first quarter ended in March rose nearly 30%, year over year, to $306.6 million, missing consensus for $314 million, yielding EPS of a penny per share.