Data & Analytics

Walmart’s Japanese subsidiary Seiyu plans to close 30 stores and remodel 50 others next year in an effort to strengthen its every day low price strategy.

New York –- CurrentC, a mobile payment service still in pilot mode from a group of retailers known as the Merchant Consumer Exchange (MCX), has reportedly been hit by hackers. According to CNN, MCX has sent a warning to participants in the CurrentC pilot that criminals obtained access to the email addresses of all consumers who have signed up for the service.  

Get it before it’s gone is the message Amazon is sharing with holiday shoppers as it looks to drive sales of limited duration “Lightning Deals” supported by enhanced same day delivery capabilities.

Amazon’s countdown to Black Friday and then Christmas involves a strategy of featuring roughly 15,000 products the online retailer promotes as Lightning Deals because of reduced pricing during a tight promotional window.

Hingham, Mass.-- Talbots Inc. will license APT’s software, including its Test & Learn and Market Basket Analyzer platforms, to test and analyze key business initiatives including promotions, merchandising, marketing and store operations. Talbots will use APT’s Test & Learn approach to identify which actions are most successful in improving performance and measure their impact on a test versus control basis.

Petaluma, Calif. -– Revenue coming from smartphones grew 141% year-over-year during the third quarter of fiscal 2014. According to a study from e-commerce platform provider Market Live, cultural shifts in shopping habits are revealing changes in traditional metrics; for example, mobile is creating a trend toward lower conversion rates and shorter time-on-site metrics caused by more shoppers researching products on their mobile phones and completing their purchases at a later time.

Minneapolis –- Hair salon chain Regis Corp. and specialty footwear retailer Red Wing Shoes both recently engaged Insight Inc. to refresh their store systems.

 

Regis rolled out the Insight Retail Ready program to refresh its network infrastructure, server, wireless and points of sale in more than 2,000 U.S., Canada, and Puerto Rico SmartStyle salons located in Wal-Mart stores. 

Camp Hill, Penn. –- Same-store sales increased 5.5% in Oct. 2014 at Rite Aid Corp. compared to the same month in the prior year. Total drugstore sales rose 5% to $2.06 billion compared to $1.96 billion.   October front-end same store-sales increased 2%. Pharmacy same-store sales, which included a negative impact from new generic introductions, increased 7.1%.