Data & Analytics

Las Vegas –- At the recent KronosWorks 2014 conference in Las Vegas, clients across a variety of industries spoke about how they use Kronos solutions to better perform a variety of human resources and workforce management tasks.  

Spanx, one of the hottest brands in retail, named finance executive Dan Glennon to the new role of COO and CFO to help drive growth at the leading shapewear brand.

Glennon will lead the cross functional teams of global finance, legal, information technology, sourcing, manufacturing and planning as well as data and analytics. He will report directly to Spanx CEO Jan Singer.

Chicago -- Accounting for over a third of grocery retailers' total sales, promotions are a top priority. Recognizing the profit potential, Australian retailer Woolworths prioritized the implementation of process improvements that would promote efficiency through its promotional strategies.  

Ridgefield, N.J. –- Samsung is taking direct aim at the burgeoning market for Apple’s iBeacon in-store marketing/messaging solution with its own new beacon-based tool called Proximity. Like iBeacon, Proximity uses Bluetooth Low Energy beacons to identify and track the location of shoppers in a store by their mobile devices and send them offers and promotions based both on their purchase history and location in the store.  

New York -- According to Nielsen’s 2014 Holiday Retail Sales Forecast, nearly 25% of consumers polled had already started their holiday shopping in September. However, Black Friday and Cyber Monday are still relevant, as 52% of respondents in a just released Black Friday/Cyber Monday survey stated that they plan to venture into stores on Black Friday and 55% of respondents stated that they plan to fire up their computers for Cyber Monday. 

Walmart’s same store sales turned positive during the third quarter, ending a two year drought, prompting the company to forecast a U.S. comp increase of as much as 1% during the fourth quarter.

Menomonee Falls, Wis. -- Kohl’s Corp. reported a 20% decline in 3Q profit, missing Wall Street estimates, as the retailer continues to be challenged by drops in store traffic and weak sales.

 

Atlanta -- This year, a Halloween that fell on Friday helped boost spending growth in October, according to the monthly SpendTrend report from First Data Corp.