Data & Analytics

New York -- Tiffany's holiday sales dipped 1% and the luxury jewelry retailer cut its full-year profit outlook. CEO Michael Kowalski said that sales in the Americas fell slightly during November and December, while sales in Japan remained soft. Sales in the Asia-Pacific region and in Europe climbed.

New York -- The digital consumer has come of age, and a new survey by Cisco revealed that retail consumers in the U.S. prefer Internet of Everything (IoE) enabled retail experiences.
 

New York -- Vestis Retail Group, which operates Bob’s Stores, Eastern Mountain Sports and Sport Chalet, has selected Epicor Software Corp.’s SaaS solutions to power its expanding retail sporting goods apparel and equipment business.

New York -- Sports retailer Academy Sports + Outdoors has implemented Oracle Retail solutions to support growth by streamlining merchandising and inventory operations.

The 185-store chain has targeted sales growth in-store and online and, according to Oracle, as retailers manage an increasingly more complex array of customer segments and channels, success hinges on simplifying and optimizing mission-critical operations such as pricing, inventory management and allocation.

San Mateo, Calif. -- NetSuite Inc. announced that two fashion and apparel retailers — Journelle, a seller of high-end lingerie and loungewear, and Alton Lane, a maker of men’s custom-tailored clothing — have deployed NetSuite to run their core retail business processes from order management, inventory management, financials, supplier purchasing and customer relationship management (CRM) to marketing — all from within one unified cloud-based business management platform.

There have been many bold predictions about retail trends, but not as many predictions about trends when it comes to the future of retail payments in the digital age. Well, for PayPal, it seems as though the future is now.

New York -- GameStop announced that it will be an early adopter of the Microsoft Azure cloud platform, becoming one of the first retailers to use Azure to stream video game and promotional content direct to customer and store associate mobile devices.

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.