Data & Analytics

New York – Almost all retailers consider Big Data to be important, according to a new survey from Accenture Analytics. When asked how important is Big Data to their organization, 94% of retail executives answered “important,” 58% responded “extremely important,” and 36% responded “important.”

New York -- Target Corp. is extending its mobile strategy with two new options. The retailer has adopted Like2Buy, a platform that enables the chain’s Instagram followers to easily buy products featured in photos from participating brands. Target also is integrating the software for Apple’s new mobile payments service, Apple Pay, into its mobile app.

Fort Worth, Texas – Analyst firm Wedbush Securities is reportedly advising clients that a bankruptcy is “imminent” at RadioShack. According to Barron’s, Wedbush has lowered its target price for RadioShack to $0, citing concerns including inability to secure lender approval for 1,100 proposed store closings and general weakness in the consumer electronics sector.

Mobile payments are likely to take a giant step forward with Apple’s unveiling of Apple Pay, a new mobile payment platform built into the company’s new iPhone 6 and iPhone 6 Plus. The platform will also work with the new Apple Watch, extending the service to over 200 million owners of iPhone 5, iPhone 5c and iPhone 5s worldwide.

Atlanta – The attorneys general of California, Connecticut and Illinois are reportedly leading a multi-state investigation into the recent data breach at The Home Depot Inc. According to Reuters, the attorneys general of New York and Iowa will also take part in the effort.  

Maurices, a subsidiary of the Ascena Retail Group, announced that Ali Wing has been named chief marketing officer, executive VP of digital commerce. Wing joins Maurices after 10 years as CEO and founder of giggle, a multichannel retailer, wholesaler and licenser of baby products.

Toronto -- Visual search platform Slyce Inc. and action sports retailer Tilly's announced the upcoming launch of "Tilly's Snap Shop." The service enables Tilly's shoppers to open the mobile website on their smartphone, snap photos of desired items within any of Tilly's seasonal collection catalogs, and purchase the item directly at the moment of impulse.

Tilly's Snap Shop will be accessible to customers viewing the company’s fall catalog which is due for circulation early next month.

As part of its continued long-term profitable growth strategy, Toys“R”Us has appointed a number of executives to key leadership roles.