Data & Analytics

Los Angeles -  Fast-fashion giant Forever 21 is on the fast-track, with plans to open 600 stores over the next three years. To help support its rapid growth, the retailer is using Oracle Retail solutions.

Mumbai, India – Alibaba may not be the only large Asian e-commerce retailer selling shares in the U.S, stock market. Leading Indian e-commerce platform Flipkart is reportedly considering launching a $5 billion U.S. IPO.

New day dawning at Tuesday Morning Tuesday Morning CEO Michael Rouleau declared the company’s turnaround complete after same store sales popped 7.6% and operating profits surged 32% during the second quarter ended Dec. 31.

The operator of 800 stores reported that the same store sales increase was as a result of a 7.7% increase in customer transactions, offset by a 0.1% decrease in average ticket. Sales at the 31 stores relocated during the past 12 months increased approximately 50% and contributed 140 basis points to the comparable store sales increase of 7.6%.

Columbus, Ohio - DSW Inc. is shifting titles and responsibilities to its executive ranks, with all changes effective Feb. 2. Carrie McDermott, currently executive VP, sales and operations, will be appointed executive VP and COO.  

In addition, Bill Jordan, currently executive VP and general counsel, will be appointed executive VP and chief administrative officer, adding IT to his portfolio of responsibilities.

It may be hard to believe (considering its financial troubles), but Sears was the most popular U.S. department store on Facebook during the 2014 holiday shopping season, according to a new study. 

The data also show that Walmart.com was the most popular mass merchant store site.

San Jose, Calif. – Homeowners stuck shoveling out more than two feet of snow were not the only ones in the Northeast negatively impacted by winter storm Juno the week of Jan. 26. Analysis from RetailNext shows that between Monday, Jan. 26 and Wednesday, Jan. 28, 2015, store traffic at Northeast retailers dropped 35.6% from the same three-day period the prior year.

DSW Inc. is shifting titles and responsibilities within its executive ranks, with all changes effective Feb. 2.

Carrie McDermott, currently executive VP, sales and operations, will be appointed executive VP and COO.

In addition, Bill Jordan, currently executive VP and general counsel, will be appointed executive VP and chief administrative officer, adding IT to his portfolio of responsibilities.

Roger Rawlins, executive VP, omnichannel, will be appointed executive VP and chief innovation officer.

King of Prussia, Pa. – EBay Enterprise, an EBay Inc. company, has selected IBM as a hybrid cloud platform to enhance its Magento Hosting Partner ecosystem.

This agreement is designed to expand global infrastructure options for Magento's more than 240,000 retail users by giving them access to the IBM SoftLayer infrastructure.