Data & Analytics

Gordmans Stores is looking for a new head merchant — in addition to a permanent CEO - following the resignation of Michael Morand as EVP and chief merchandising officer.

Coinstar is closing in on its one billionth transaction and using the occasion as the basis for a contest to drive engagement on Facebook.

Finance executive Sven Wehrwein is the newest member of the Quantum Retail Technology board of directors.

The Minneapolis-based retail technology company said Wehrwein’s addition to the board brings growth expertise and knowledge of corporate finance.

Finance executive Sven Wehrwein is the newest member of the Quantum Retail Technology board of directors.

The Minneapolis-based retail technology company said Wehrwein’s addition to the board brings growth expertise and knowledge of corporate finance.

Business innovation and technology leader Efficient Collaborative Retail Marketing (ECRM) launched ECRM Connect 3.0, a redesigned productivity application that expands on the ECRM Connect platform which originally debuted April 2012.

Sears has unveiled Connected Solutions powered by Shop Your Way — experiential shops that bring together an assortment of smart, connected home and personal automation products.

Conn’s plans to open 17-20 new stores while closing 10 existing stores during the full fiscal year, following solid first-quarter results that topped Wall Street estimates.

Net income surged 28% to $28.47 million from $22.18 million in the same period a year earlier. Net sales soared 33% to $277.63 million, from $209.45 million. Same-store sales climbed 15.6%. Higher pretax income helped boost net income totals, while the opening of nine new stores and extremely strong growth in furniture and mattress sales helped drive overall sales growth.

New York - Imports to the U.S. were up in April from March. According to data from supply chain research firm Panjiva, April 2014 showed levels of imports that were 9% higher than imports in April 2013. The numbers of these shipments coming into the U.S. changed 11% from March 2014 to April 2014.

Atlanta -- Logility, a leading supplier of collaborative solutions to optimize the supply chain, announced its acquisition of privately held MID Retail, Inc., an Indianapolis-based provider of retail allocation and merchandise planning solutions.

New York - A pre-tax restructuring charge of $17.3 million during first quarter 2014 in connection with its previously announced strategic realignment was a major factor in a year-over-year net income decline at Ann Inc. Net income for the quarter totaled $5.2 million, down 66% from $15.4 million in the first quarter of the previous fiscal year.

Total net sales for the first quarter of fiscal 2014 were $590.6 million, up 3% increase from sales of $574.5 million in the year-ago period. Total same-store sales dropped 1.8%.