Data & Analytics

New York -- NRF president Matthew Shay told attendees of retail’s Big Show in New York City this week that the industry is well positioned for 2015 – with support from Washington, D.C.

Atlanta -- 400-store French apparel retailer Kiabi has selected Predictix to implement a unified suite of merchandising and supply chain optimization solutions.

Predictix, which harnesses predictive and prescriptive analytics, and the unlimited computing power of the cloud to bring insights into consumer demand, will allow Kiabi to discover a deeper, richer understanding of what drives consumer demand and reach a new level of customer intimacy.

After posting stronger than expected holiday sales, Burlington Stores Inc. has named a new chief financial officer.

Marc Katz, formerly the company’s EVP of merchandise support and information technology, is replacing Todd Weyhrich, who retired this month.

Lincolnshire, Ill. --- Zebra Technologies Corporation released survey results that revealed nearly all retailers are ready to make the changes required to adopt the Internet of Things (IoT). The survey, conducted in October 2014 by Forrester Consulting on behalf of Zebra Technologies, also showed that a majority of retailers believe IoT will be the most important technological initiative of the decade.

Some of the key findings from the survey include:

INDIANAPOLIS and LOS ANGELES  — In what is being touted as the first iBeacon-wearable integration at retail, Marsh Supermarkets and inMarket have announced the deployment of a closed-loop iBeacon platform, enabling shoppers with smartphones and Apple Watch to have their favorite apps come alive in-store.

New York -- Grocer Heinen’s has teamed with Symphony EYC to adopt customer-driven retailing operations that stretch from shopper, throughout the store and back to the warehouse.

Columbus, Ohio -- Express is lifting its fourth-quarter and full-year profit forecasts, citing a better-than-expected performance at the end of December and beginning of January.

CEO Michael Weiss said that Express Inc. experienced slowing sales during the first three weeks of December, but that its performance has bounced back since.
 
Fourth-quarter same-store sales are now predicted to fall 3%-4%; Express previously forecast a mid to high single-digit decline in the figure.
 

Retailers loking to take retail innovation to the next level may want to look at GameStop and its new omnichannel partnership with Microsoft.

The video game retailer announced Monday at NRF’s Big Show that it will use Microsoft's Azure cloud-powered network "enhance the in-store engagement of its customers in interactive, informative, and entertaining ways."

GameStop will be one of the first retailers to use Azure to stream video game and promotional content direct to customer and store associate mobile devices.