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Data & Analytics

  • Amazon takes aim at retailers' weaknesses

    In what promises to be the most digital holiday season ever, Amazon has issued an appeal to shoppers who want to avoid busy parking lots, crowded stores and long checkout lines.

    Amazon’s appeal to shoppers was made in conjunction with the release of the online retailers 2014 Holiday Toy List and compounds traditional retailers’ already challenging effort to generate traffic to stores during the holiday season.

  • Report: Bank of America says Alibaba tops in e-commerce

    Charlotte, N.C. –- Bank of America has reportedly released a report saying that Chinese e-commerce platform Alibaba Group Holding Ltd. is the leader in global e-commerce, followed by Amazon.com.    According to Benzinga.com, Alibaba currently holds 31% of global e-commerce market share and should grow to capture 33% of global e-commerce market share in 2015.    
  • IBISWorld: Halloween sales to reach $7.29 billion

    New York -- Total Halloween sales are expected to grow 3% to total $7.29 billion in 2014, due to improving economic conditions and employment levels. According to a new study from market research firm IBISWorld Inc., costume sales are expected to rise 6% to $2.76 billion, spurred by more theme parties and social media photo sharing.  
  • Costco to launch online China store with Alibaba

    Issaquah, Wash. -- Costco Wholesale Corp. will enter China for the first time through the opening of an online flagship store on Alibaba Group’s Tmall Global platform. Tmall Global allows overseas brands and retailers to establish presence on the Alibaba third-party e-commerce platform Tmall.com without the need for physical operations in China.  
  • Delhaize names tech vet CIO

    Delhaize America’s new CIO is confident the company will be able to drive sales growth by leveraging technology.

    Retail technology veteran Michael Laurenti was named chief information officer at Delhaize America and will assume his new responsibilities on November 17. He most recently served as CIO at the privately held 300 unit Belk Department Stores chain. Prior to Belk, he worked at Family Dollar, Linens 'N Things and Toys "R" Us. Laurenti succeeds Deb Dixson who spent four years at Delhaize America and announced her departure earlier this year.

  • REI’s new mobile app offers snow reports

    New York -- REI has launched a news mobile app that allows users to check snow conditions at popular ski destinations.   The recently introduced iPad app offers an optimized shopping and product research experience and gives users access to a broad and inspiring product selection of the top brands in camping, backpacking, cycling, climbing, skiing, fitness and more.   
  • The Wet Seal in cost-cutting mode, announces headcount reductions

    Foothill Ranch, Calif. -- The Wet Seal announced a workforce reduction resulting in the elimination of a combination of 78 filled and open positions, including  66 positions at the company’s corporate office, or a 24% reduction in headcount, and 12 positions at the field management level, representing a 20% decrease. The cuts are the first steps in the retailer’s initiative to reduce its overall cost structure.   
  • Store of the Week: Bloomingdale's, Palo Alto, Calif.

    Bloomingdale's new store in Palo Alto, California, is the retailer's most digitally-sophisticated to date. From smart fitting rooms equipped with wall-mounted tablets to a digital-wallet system, the 125,00-sq.-ft. department store blends high-tech elements with a sleek, modern aesthetic. See Photos.

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