Data & Analytics

Walmart served up dozens of its top executives to the media this week for two days of store tours and briefings in advance of the company’s shareholders meeting, which began Friday, June 6 at 7 a.m. What follows are 10 key takeaways and select nuggets from the meetings before the meeting.
 

Walldorf, Germany — SAP AG plans to acquire SeeWhy, a Boston-based provider of cloud-based behavioral target marketing solutions. SAP intends the addition of SeeWhy to complement its Hybris commerce platform with one-to-one personalized marketing based on real-time customer behavior that converts customer interactions into sales.

Portland, Ore. — Between 60 and 80% of mobile device users commonly allow mobile location-sharing, with an average location opt-in rate of 62%. According to a study from mobile relationship management software provider Urban Airship, 51% of mobile device users also opt into push notifications.

Opting into both location and push notifications are necessary in order to receive messages based on beacon proximity, current location or location history.

Walmart continues accelerating its e-commerce strategy with Walmart Canada's online store, walmart.ca, and now has an award to show for its efforts.

The website has won the Retail council of Canada Excellence in e-commerce award for providing groundbreaking customer responsiveness. The award was presented this week at the by the Retail Council of Canada at its 2014 Store Conference and recognizes walmart.ca as the first fully, responsively designed e-commerce site offered by a major Canadian retailer.

Commerce, Calif. and Herzogenaurach, Germany — At the recent SAP Sapphire 2014 conference, 99 Cents Only Stores and Adidas AG both detailed how they are using different SAP solutions in different ways for the same ultimate goal – increased accessibility and transparency of data.

ShopperTrak, a leading global provider of consumer behavior insights and location-based analytics, has signed Journeys as its 1,000th customer. The milestone agreement aims to enhance the in-store customer experience at more than 1,000 North American locations of the specialty lifestyle retailer.

The Men's Wearhouse expects to complete its merger with Jos. A. Bank in the next few weeks, and looks forward to reaping the benefits of that combination as it closes its fiscal first quarter ended May 3.

Total net sales for quarter increased 2.3% to $630.5 million from $616.5 million in the prior-year quarter. Retail segment sales for the quarter increased by 2.4% and corporate apparel sales increased by 0.8% as compared to the prior year quarter.

San Francisco — Stitch Labs has launched a new user interface for its inventory management platform. Designed to meet the unique needs of retailers, the interface incorporates new visual and interactive experiences.