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Data & Analytics

  • Weis Markets names VP/corporate controller

    Sunbury, Pa. -- Weis Markets has promoted Paul Stombaugh to VP/corporate controller.

    Stombaugh will take on an expanded role in the company’s decision support and its strategic development. He also will continue to oversee its financial accounting and reporting functions, internal controls, treasury and budgets, Weis reported. He will continue to report to Scott Frost, SVP and CFO.

    Prior to joining the company in 2010, Stombaugh worked in several progressive management roles at Foot Locker’s financial center.

     

  • Jo-Ann Stores selects Demandware for digital commerce

    Burlington, Mass. -- Enterprise cloud commerce solution-provider Demandware announced Wednesday that Jo-Ann Stores has selected the Demandware Commerce platform to support its digital commerce strategy.  

  • Survey: Aldi only grocer to have loyal Facebook following

    Batavia, Ill. -- Survey results released Wednesday by Facebook marketing firm LoudDoor found that discount grocer Aldi USA ranked fifth on a list of the top 20 companies with the most loyal fans. No other grocery retailer was included on the list, which tracks every major brand on Facebook and how likely those brands' fans are to recommend them to friends or colleagues.

    Other companies ranked in the top five include Google, Facebook and Walt Disney World.

  • Cache.com engages SLI Systems to implement site search

    San Jose, Calif. -- SLI Systems said Wednesday that Cache has implemented its full-service Learning Search solution for Cache.com, resulting in an 88% increase in the conversion rate among site search users.

    The company, said SLI, has also seen a 42% increase in site search usage by its online visitors, driving more sales and revenues.
     

  • Five Below sales and profits rise in Q4; 60 stores on tap for 2013

    New York -- Five Below reported Wednesday that net income for the quarter ended Feb. 2 rose to $19.2 million, compared with $12.4 million in the year-ago period.

    Revenue surged 38% to $173.6 million from $125.8 million in the fourth quarter of fiscal 2011. Same-store sales rose 4.4%.

    For the full year, profit rose to $20 million from $16.1 million and revenue increased 41% to $418.8 million. The company said it expects to open 60 stores this year, including new markets in Texas, as well as adding units in existing markets.
     

  • American Express, Wal-Mart expand Bluebird program

    New York -- American Express and Wal-Mart Stores announced Tuesday that they are expanding their reloadable prepaid card program, Bluebird, to include direct-deposit capabilities for government checks.

  • Supervalu cutting about 1,100 jobs

    Minneapolis -- Supervalu announced plans to eliminate about 1,100 positions nationwide, or about 3% of its national workforce. The reductions include both current positions and open jobs that will not be filled.

    The news comes less than a week after Supervalu completed the sale of five of its grocery banners, including Albertson’s and Shaws/Star Markets. The company said the sale of the five chains means that the remaining business will need "significantly fewer" corporate and store support roles and functions.

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