Data & Analytics

Princeton, N.J. -- This year 2015 is shaping up to be another great year for rebates and incentives in North America, particularly when it comes to controls, according to a report BriteSwitch, which helps large national take advantage of rebate programs. Currently, 72% of the country is covered by an active commercial lighting rebate program.

Retailers can measure every aspect of shoppers’ behavior on their Web sites and now an agreement between Nielsen and RetailNext means some of the same insights can be obtained from the physical world.

By Michael Wippler

We are or should be familiar with the Americans with Disabilities Act’s (“ADA”) requirements for accommodating the physically disabled. Wheelchair ramps, handicap stalls, handicap parking, lifts, and other items designed to assist the physically disabled are commonplace. However, the ADA is much broader than this, and the United States Department of Justice (“DOJ”) and the courts are focusing on making the internet more accessible for the visually impaired.

Quincy, Mass. - Ahold will install KeyMe retail key-making kiosks at select Super Stop & Shop locations in Massachusetts, Connecticut and New York. The kiosks enable customers to safely store a “digital copy” of their keys in the cloud and create a spare copy at their local Super Stop & Shop in less than 30 seconds.   

Atlanta – The Home Depot Inc. was reportedly not in full compliance with data security standards when a major data breach began in April 2014. According to the Atlanta Business Chronicle, an investigator working for credit card companies said Home Depot was in compliance with data security standards in 2013, but was still working to obtain compliance certification when the 2014 attack occurred.

The sports retail market has been strong for Foot Locker and similar retailers, but not for Finish Line, which reported a drop in holiday quarter profit.

Restoration Hardware is in the middle of a strategy overhaul that may slow down revenue growth, but the retailer did post better-than-expected profits in the fourth quarter.

Restoration Hardware Holdings Inc. reported that its profit for the fourth quarter increased a better-than-expected 25% to $42.5 million from $34 million in the year-ago period. Restoration Hardware’s total sales in the fourth quarter grew 23.5% to $582.7 million. For the year, the company reported profit of $91 million. Revenue was reported as $1.87 billion.

Indianapolis -- The Finish Line Inc. on Friday reported a decline in its fourth-quarter profit and cautioned that profits in its current year may not hit expectations of a fiscal fourth-quarter net income of $40.8 million.

The retailer also authorized a new 5-million-share buyback program.

The Finish Line’s earnings in the fourth quarter fell 5% to $40.8 million.

Consolidated net sales for the quarter were $551.3 million, an increase of 6.3% over the prior year period. Same-store sales increased 2.6%.