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Data & Analytics

  • Survey: Consumers spend less on Father’s Day than Mother’s Day

    Austin, Texas - More people buy Mother's Day gifts than Father's Day gifts (86%, compared to 77%). According to the 2014 Father’s Day Shopper Trend report from RetailMeNot, survey respondents say they spend $61 on Father's Day gifts and $68 on Mother's Day gifts.

  • Sears pilots experiential shops to keep consumers connected

    Sears has unveiled Connected Solutions powered by Shop Your Way — experiential shops that bring together an assortment of smart, connected home and personal automation products.

  • Sears testing ‘Connected Solutions’ in-store shops in three locations

    Hoffman Estates, Ill. -- Sears is testing “Connected Solutions” experiential shops that bring together smart, or connected, home and personal automation products. The 1,700-sq.-ft. shops are being piloted in three Sears locations in the Chicago area, including Woodfield Mall, Schaumburg, Illinois; and Oakbrook Center, Oakbrook, Illinois.

  • Investment banker Wehrwein joins Quantum board

    Finance executive Sven Wehrwein is the newest member of the Quantum Retail Technology board of directors.

    The Minneapolis-based retail technology company said Wehrwein’s addition to the board brings growth expertise and knowledge of corporate finance.

  • Gordmans seeks head merchant

    Gordmans Stores is looking for a new head merchant — in addition to a permanent CEO - following the resignation of Michael Morand as EVP and chief merchandising officer.

  • The Value and Power of Data-Driven Marketing

    By Bill Schild

  • Survey: Consumers concerned about privacy; will share some data

    New York - The vast majority (80%) of consumers aged 20-40 in the U.S. and U.K. believe total privacy in the digital world is a thing of the past, but nearly half (49%) said they would not object to having their buying behavior tracked if it would result in relevant offers from brands and suppliers. A new study of 2,012 consumers by Accenture also shows.64% of respondents said that when they are physically in a store, they would welcome text messages from that retailer alerting them to offers matching their buying preferences.

  • Conn’s eyes growth following strong first quarter

    Conn’s plans to open 17-20 new stores while closing 10 existing stores during the full fiscal year, following solid first-quarter results that topped Wall Street estimates.

    Net income surged 28% to $28.47 million from $22.18 million in the same period a year earlier. Net sales soared 33% to $277.63 million, from $209.45 million. Same-store sales climbed 15.6%. Higher pretax income helped boost net income totals, while the opening of nine new stores and extremely strong growth in furniture and mattress sales helped drive overall sales growth.

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