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Data & Analytics

  • PetSmart greets new CIO

    Longtime Hallmark executive Michael Goodwin was named chief information officer at the nation’s largest pet specialty retailer.

    Goodwin will become SVP and CIO at PetSmart effective June 2, after previously serving as SVP and CIO of technology and business enablement at Hallmark, a $4 billion company with more than 2,600 stores and an extensive online presence. PetSmart operates 1,333 stores.

  • EPA honors Kohl’s for sustained excellence in energy efficiency

    Menomonee Falls, Wis. -- Kohl’s Department Stores has been awarded the U.S. Environmental Protection Agency’s (EPA) 2014 Energy Star Partner of the Year – Sustained Excellence Award for the company’s continued leadership in protecting the environment through superior energy efficiency initiatives. The retailer currently has more than 860 Energy Star-certified locations, more than 70% of its stores nationwide and more than any other U.S. retailer to date.

  • Uniqlo’s new Paris flagship

    New York -- Uniqlo debuted a new flagship with the opening of its fifth location in Paris, in the city’s Marais area.

    Located in a 19th century building that once housed a foundry, the three-level, 8,800-sq.-ft. store combines such historic details as a 115-ft- red-brick chimney with a modern layout and high-tech accents, including video screens and LED displays.

    It was designed by Tokyo architects Wonderwall, a longtime collaborator with Uniqlo.

     

  • Coach profit falls amid increased competition

    New York -- Coach Inc. third-quarter net income dropped 20% to $190.7 million, from $238.9 million a year earlier, amid increased competition from Michael Kors and others.

    Revenue for the quarter ended March 29 fell 7.4% to $1.1 billion, compared to analysts’ $1.13 billion estimate. Same-store sales in North America fell 21%. Sales will continue to fall through the rest of the year, the company said.

  • Amazon opens ‘Wearable Technology’ shop on its site

    New York -- Amazon has opened a Wearable Technology store on its website, which it describes as a one-stop shop where customers can discover the latest in wearable technology and research wearable devices including activity trackers, smart watches and wearable cameras.

  • Walmart and CEOs meet to accelerate supply chain innovation

    Bentonville, Ark. -- Walmart on Tuesday joined with CEOs from more than a dozen global companies to sign new commitments that accelerate innovation in sustainable agriculture and recycling. The pledges kicked off Walmart’s first-ever Sustainable Product Expo, a three-day collaboration to expand the availability of products that sustain people and the environment. Together, the participating suppliers represent more than $100 billion in sales at Walmart.

  • Survey reports big rise in consumer confidence

    Chicago -- Consumer confidence rose significantly in the first quarter of 2014, according to a MarketPulse survey from IRI. All age groups are reporting a more positive outlook — especially Millennials. A distressed consumer segment since the economic downturn began, this age group is showing the greatest rise in confidence.

  • Buxton launches market share analysis solution

    Atlanta - Buxton is launching its Market Share solution for U.S. retailers. Executives in the retail, restaurant and grocery industries can compare their market share performance to that of an aggregated peer group, giving them insights into how their business is performing to others in their market or industry.

  • 360pi releases private label price solution

    Ottawa, Canada - 360pi has unveiled the latest generation of its 360comparables solution targeted to address private label brands. This release augments 360pi’s attribute-based matching algorithm with the option for customer-controlled product matching.

  • The Container Store Q4 net income skyrockets 800%

    Coppell, Texas – The Container Store increased net income by about 800% year-over-year during the fourth quarter of fiscal 2013, to $18.34 million from $2.09 million. A substantial drop in effective tax rate, as well as lower net interest expense, helped drive the impressive growth in net income.

    Net sales slipped from $217.02 million to $216.82 million, while same-store sales climbed 1.4%. The company cited severe weather as reducing sales.

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