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Data & Analytics

  • Office Depot names another new leader

    Veteran retail operations executive Troy Rice has joined Office Depot as EVP of retail as the company continues to build out its senior leadership team in the wake of its merger with OfficeMax.

    Rice spent the past eight years with Toys “R” Us, most recently serving as EVP fo stores and services. Prior that he spent 16 years with The Home Depot and served as president of the retailer’s $24 billion northern division at the time of his departure.

  • Cardtronics renews ATM services relationship with Walgreens

    Cardtronics has extended its ATM services agreement with Walgreens, the company announced Wednesday. Cardtronics is a preferred provider of ATM services for Walgreens.  

    Since the relationship began in 2004, Cardtronics has grown its ATM presence in Walgreens locations significantly — from fewer than 400 initially to roughly 3,250 today. The company is also the exclusive ATM provider for Walgreens in many states across the U.S.

  • Home goods retailer prepares to launch

    Online home goods retailer Tablesets.com said digital innovator Weihu Yan has made an investment in and joined the company as a strategic advisor.

  • Sam’s unveils a new kind of insights initiative

    Sam’s Club and the Gallup organization have launched a new quarterly tracking poll that focuses on the smallest of small business.

    The poll is designed to look at what Sam’s is calling “microbusiness,” companies with five or fewer employees, that represent a core customer of Sam’s Club and are estimated to total 25 million.

  • Family Dollar unveils shrink initiative

    Asset protection has been given a high priority at Family Dollar where the operator of more than 8,000 stores said it plans to equip each of its locations with electronic article surveillance (EAS) equipment from Checkpoint Systems.

    Checkpoint’s technology is already in 3,500 stores and the rollout, said to be one of the fastest in the retail industry, is occurring at a clip of about 120 stores each week.

  • Tech vet joins pricing firm

    Former SAS executive Greg Soussloff has joined pricing intelligence and competitor monitoring solutions provider 360pi as vp of customer value.

    Soussloff spent the past 10 years with SAS and most recently served as senior sales director of retail and CPG and oversaw a 30 member national sales team. Prior to SAS, Soussloff served in diverse roles at several wholesale companies, including VF Corporation where he led the sales efforts for the mass channel in what was then the VF Knitwear division.

  • Starbucks releases 13th Global Responsibility Report

    Seattle -- Starbucks on Wednesday released its 13th Global Responsibility Report, which highlights the company’s progress on long-term goals for community engagement, sustainability and ethical sourcing. The coffee giant also announced the launch of its fourth annual Global Month of Service, with Starbucks employees, customers and community members once again coming together to help contribute more than one million community service hours per year by 2015.

  • C-store in-store sales hit record $204 billion in 2013

    New York -- U.S. convenience outlets reached record in-store sales in 2013, with sales climbing 2.4% to $204 billion. Combined with gasoline sales of $491.5 billion, overall convenience store sales were $695.5 billion, according to figures released by the National Association of Convenience Stores (NACS). Convenience stores account for 34.3% of all retail outlets in the United States, according to Nielsen, which is significantly higher than the U.S. total of other retail channels including drugstores.

  • Legal costs impact Jos. A. Bank Q4 earnings; sales inch up

    Hampstead, Md. – Jos. A. Bank Clothiers posted a profit of $27.4 million for the fourth quarter, down from $28.4 million in the year-ago period. The retailer’s earnings were impacted by legal and professional costs related to its upcoming acquisition by The Men’s Wearhouse and other strategic moves.

  • Survey: Consumers wary of spending

    New York – While attitudes haven't changed overwhelmingly since December 2013, some shifts in plans for the next six months may indicate that Americans are questioning their financial prospects during the next few months, according to a new Harris Poll. The survey of 2,234 U.S. adults shows that Americans are more likely than in December to say that they plan on decreasing their spending on eating out at restaurants (59%, up four points) within the next six months.

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