Data & Analytics

Three executives at Hormel Foods will be advancing to new roles as of Oct. 28.

Mark D. Vaupel, currently director of information technology services, will advance to VP of information technology services. Swen Neufeldt, currently director of business development in Asia, general manager of China and VP of Hormel Foods International, will advance to president of Asia Pacific, Hormel Foods International. And Jeffrey A. Grev, currently director of corporate development, will advance to director of legislative affairs.

By John Bajorek, WD Partners

The only reason for time, Albert Einstein once observed, is so that everything doesn’t happen at once. While it still holds true for the rest of life, shopping is another story.

Arlington, Va. -- Pentagon Row, the outdoor shopping and residential center in Pentagon City, Virginia, has installed nearly 2,000 parking space sensors. The sensors, which are located in each of the facility’s parking spaces, record whether a space is occupied, forwarding that information to illuminated signs and the Pentagon Row mobile parking app which direct parkers to the closest available spaces to their final shopping destination.

New York - L.L. Bean provided the best overall customer service in August 2014. This marked the retailer’s fourth time topping Stella Benchmarks in customer service during 2014.

The retailer repeated its top performance from the previous month by ranking among the Top 25 in phone, email, shipping and returns. Nine companies that did not rank in the Top 25 overall for July earned a spot in August: Gap, Marc Jacobs, Burberry, Apple, Hewlett-Packard, Motosport, Microsoft, Brooks Brothers and Wayfair.

London - Shopitize, a U.K.-based provider of mobile, interactive shopping intelligence, is using Tableau's visual analytics to provide actionable insight into consumers' brand-specific shopping baskets. Shopitize is providing brand partners with access to real-time retail intelligence.

Walmart already offers a prepaid debit card, credit card, check cashing and money transfers, but it’s expanding its financial services to include an exclusive checking account called GoBank, with Green Dot Corp., a prepaid-cards specialist.

The checking account is linked to MasterCard debit cards. GoBank, which will be available nationwide by the end of October, doesn’t charge overdraft fees or minimum balance fees and waives the monthly membership cost of $8.95 with qualifying direct deposits of $500 a month.

By Steve Sensing, VP, Ryder System

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.