Data & Analytics

Macy’s and Rite Aid are joining the other major retailers and companies that have partnered with Plenti, the first U.S.-based loyalty coalition  that allows shoppers to earn rewards points through a variety of purchases, from paying a phone bill to filling up at the pump.

New York – American Express is launching a new loyalty program called Plenti. The program lets consumers use loyalty points accrued at one participating retailer and use them at another.

Initial participating organizations include AT&T, Exxon, Macy’s, Mobil, Nationwide, Rite Aid, Direct Energy, Enterprise Rent-A-Car and Hulu. The program is expected to include more brands in additional categories over time.

By Ken Westin, Tripwire

For the second time in a year, Sally Beauty Holdings, which owns U.S. Sally Beauty stores, is currently investigating reports of unusual activity involving payment cards used at some of their stores.

ChannelAdvisor Corp. has promoted its current chief operating officer to CEO.

The provider of cloud-based e-commerce solutions announced that its board of directors has appointed David Spitz as CEO and a director. Spitz, who currently serves as president and COO, succeeds Scot Wingo, who has been appointed executive chairman.

Hancock Fabrics’s CEO says the company is “heading in the right direction” after reporting an increase in same store sales for the fourth quarter.

The financial news comes just a few weeks after the retailer announced the refinancing of the company’s existing senior debt under a new credit agreement with Wells Fargo Capital Finance and Great American Capital Partners.

Toronto - Canadian Tire Corp. is opening its new “'Digital Garage” in Kitchener-Waterloo, Ontario, in Canada's “Silicon Valley North.” The new facility is the second digital innovation lab for Canadian Tire, situated near its Communitech lab, and will allow the company's top digital innovators to develop new in-store and online technologies at a faster pace.

By Kevin Hughes, JLL

1. Keep Your Options — And Doors — Open: The Americans with Disabilities Act (ADA) is designed to prohibit discrimination and ensure equal opportunity for people with disabilities. In effect since 1991, it has undergone updates, affecting most commercial real estate in some fashion. In fact, all commercial spaces used by the public – as well as many employee-use areas – are required by law to comply with ADA regulations.

New York -- O’Reilly Automotive posted a strong first quarter, laying the foundation for continued growth in 2015. America’s second largest retailer in the automotive aftermarket industry said its expansion plans are on track after profit rose in the first quarter on higher sales and better margins, continuing a trend of 15% or greater profit growth for the past six years. The company said it plans to build a new distribution center in Texas to help support its 205 new stores in 2015.