Data & Analytics

Ebay Inc. said it plans to cut about 2,400 positions, or 7% of its workforce, across eBay marketplaces, PayPal, and eBay enterprise in the current quarter to simplify its organizational structure.

The company also said it will explore strategic options for eBay enterprise, including a sale or an IPO.

We often forget that we are only about 15 years into the life of e-commerce.

Improved conversion and customer service at Brown Shoe’s Famous Footwear stores are the anticipated benefits of a new merchandise allocation and replenishment solution the company has deployed.

The 1,041 unit Famous Footwear division of Brown Shoe recently announced it had deployed the Q Allocation and Replenishment solution from Minneapolis-based Quantum Retail Technology. The Quantum solution works in conjunction with Famous Footwear’s legacy JDA solution, according to the company, to produce a wide range of benefits.

New York - U.S. companies are struggling to keep pace with their customers’ “always on” nature and greater use of digital channels. According to new research from Accenture, 56% of consumers report that the number of brands they consider has increased significantly in the past 10 years, and 46% believe they are more likely to switch providers compared to 10 years ago.

Amsterdam -- Tommy Hilfiger, which is owned by PVH Corp., will launch a digital sales showroom, at its global headquarters in Amsterdam, The Netherlands. The showroom is designed to revolutioniz the sales experience for retailers by offering them a more engaging and seamless buying approach. The interactive system blends collection information, sales tools and brand content in one seamless touch-screen interface.

The National Retail Federation “Big Show” is always a good barometer of what trends will influence the retail technology landscape for the coming year, and the just-completed 2015 edition was no exception. Based on the buzz on the show floor and at keynotes and sessions, 2015 should be an eventful and possibly transformative year in retail IT.

Here are five technology trends that really stood out.

Inventory Gets Smart

New York -- Activist investor Starboard Value LP, which helped put together the merger of OfficeMax and Office Depot, issued a letter on Tuesday calling for Staples Inc. and Office Depot Inc. to merge, saying it would lead to greater savings.

Walmart is hoping to increase the cash in in-store shoppers’ wallets this year by offering a new tax refund service.

Direct2Cash is a way for customers to collect their tax refunds in cash at stores this tax season. The service is an alternative for taxpayers who otherwise might get refunds via check or direct deposit.