Data & Analytics

Omaha, Neb. - Following a decision to expand into under-served markets across the central U.S., discount department store chain Gordmans Stores has upgraded its legacy IT systems to an Oracle Retail enterprise platform. Working with Oracle Gold partner OLR, Gordmans implemented Oracle Retail solutions including Oracle Retail Merchandising System, Oracle Retail Sales Audit, Oracle Retail Price Management and Oracle Retail Trade Management.

New York – More than 100 retailers, including Macy’s and J.C. Penney, have reportedly joined forces with the New York Police Department to create the Metropolitan Organized Retail Crime Alliance. According to the New York Daily News, the alliance will share information on criminals and scams targeting retailers and their customers.

Champaign, Ill. – Quick-service chain Jimmy John’s Gourmet Sandwiches reportedly had customer credit card information stolen from its payments systems at 216 of its 2,000 stores by hackers. According to Bloomberg, log-in credentials from a payment systems vendor were used by hackers to infiltrate POS systems at its stores between June 5 and Sept. 5.

Jimmy John’s first learned of the breach on July 30 and has been using forensics experts to investigate it. The retailer says the breach has been contained.

The Wet Seal is welcoming back Jon Kubo, this time as EVP and chief digital officer, a newly created position. Kubo will oversee e-commerce, digital marketing and the information technology organization to integrate digital consumer experiences across all business touch points.

Kubo was head of e-commerce and chief information officer at Wet Seal from 2005 through 2011. The company credits him with growing its e-commerce business to its highest sales volume in history through innovative and industry-leading social and mobile customer engagement programs.

Newell Rubbermaid is looking to expand its e-commerce business and accelerate its online revenue growth worldwide by opening a global e-commerce hub in New York. The move will create more than 30 new positions.

Indianapolis -- Simon Property Group has been recognized by the CDP (formerly known as the Carbon Disclosure Project) and The Global Real Estate Sustainability Benchmark (GRESB) for its ongoing leadership and commitment to sustainability and energy conservation.

Boston - Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors, has promoted Frank Grimaldi to national sales manager of the firm’s Valuation & Advisory Services Division, effective Oct. 1.

A massive share repurchase program at Bed Bath & Beyond enabled the company to overcome increased expenses and a decline in gross margins to produce earning per share growth that exceeded analysts’ estimates.