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Data & Analytics

  • Brian Kilcourse: Mobile technology causing retail ‘reset’

    Boston -- Brian Kilcourse, managing partner for Retail Systems Research, took some time out at the Orgill Fall Market Friday to deliver a primer on mobile technology as a driving force in the contemporary retail environment.
     
    The seminar, titled "The New Rules of Retail: How Today's Consumer is Changing the Game," positioned mobile technology as a harbinger of a giant "reset" in retail comparable to the Industrial Revolution and onset of the Information Age.
     

  • QVC makes executive appointments

    West Chester, Pa. -- QVC promoted Alex Miller to the position of senior VP of digital commerce and Dave Caputo to the position of senior VP of TV production and operations.

    Miller will now be responsible for the customer experience across QVC's web, mobile, tablet and social platforms.

  • Small Inconsistencies Lead to Big Omni-Channel Issues

    An acquaintance recently had an experience at Starbucks that shows the negative impact that not providing a seamless omni-channel customer experience can produce. The fact that Starbucks generally offers a superior customer experience and is a leader in omni-channel commerce and promotions demonstrates that no retailer is immune to slipping up in this crucial aspect of the holistic customer service offering.

    How many calories in that iced tea at the counter?

  • CVS combats drug abuse with data analysis

    Woonsocket, R.I. – CVS Caremark is evaluating data on prescriptions filled at CVS/pharmacy to identify providers with extreme patterns of prescribing high-risk drugs. Providers who cannot offer a reasonable explanation for these patterns have their controlled substance dispensing operations suspended.

  • Big Lots board retains compensation committee chair

    Columbus, Ohio – The board of directors of Big Lots, Inc. has retained director Russell Solt. Solt will also continue to serve as chairman of the compensation committee, which is composed entirely of independent non-executive directors.

  • Thai CPG provider adopts Jesta I.S. Vision Suite

    Bangkok, Thailand -- Berli Jucker PLC, (BJC), a Thailand-based provider of CPG goods, is adopting the Vision Suite enterprise platform from Jesta I.S. Merchandising and POS solutions are among the Vision technologies BJC is employing.

    BJC will leverage the Vision Suite for managing its multi-channel retail operations in Thailand and Vietnam. Upon implementation, BJC will have an end-to-end integrated system delivering greater ability to analyze store strategy and visibility over retail decisions.

  • IBM: M-commerce fuels strong online sales in July and August

    Armonk, N.Y. – Back-to-school sales may have been stronger than anticipated this year, judging by online sales performance in July and August. According to the IBM Digital Analytics Benchmark, online sales saw substantial gains from July through the third week in August, fueled by double-digit growth in mobile buying.

    Specific findings for online sales activity in each month include:

    July

  • Bloomberg: Consumer spending probably up in July

    New York -- Improvements in housing and labor probably helped boost U.S. consumer spending last month. A Bloomberg survey of 59 economists in advance of the official Commerce Department July spending figures on Aug. 30 indicates purchases of goods and services increased 0.3% last month after a 0.5% increase in June.

  • Tommy Bahama taps Hybris to enhance omni-channel capabilities

    New York -- Tommy Bahama has selected the Hybris commerce platform to improve its omni-channel commerce capabilities. The apparel retailer has seen growth in it online commerce throughout the past few years. Tommy Bahama also offers in-store kiosks, where shoppers can access a commerce channel that enables an "endless aisle" of available products — allowing shoppers to access out-of-stock or online-exclusive items directly in-store.

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