Skip to main content

Data & Analytics

  • NRF: Holiday sales up 3%, falling short of 4.1% forecast

    New York -- Total holiday retail sales increased 3% to $579.8 billion, below the National Retail Federation s projected forecast of 4.1%. Non-store holiday sales grew 11%, below the 12% growth forecast by Shop.org. (The NRF sales figures exclude automobiles, gas stations and restaurants.)

    “For over six months, we’ve been saying that the fiscal cliff and economic uncertainty could impact holiday sales. As the number shows, these issues had a visible impact on consumer spending this holiday season,” said Matthew Shay, CEO, NRF.

  • Weis Markets selects Profitect’s cloud-based solution

    Waltham, Mass. -- Profitect announced Monday that Weis Markets has selected its cloud-based Profit Amplification solution, a pattern-seeking predictive analytics tool, for deployment throughout the chain.

    Weis Markets will initially deploy the Point of Sale and Inventory modules of the Profitect suite.

  • Partnership brings cloud-based solutions to retailers

    NEW YORK — Yomari and Predictix will join forces to deliver merchandising and analytics solutions to large and midsize retailers.

    Yomari is a leading independent professional services company focused exclusively on analytics, business intelligence and data warehousing for the consumer value chain. Its customers include Dressbarn, Gander Mountain, Petco, REI and Williams-Sonoma.

  • Cloud-solutions developer gets new CEO

    ATLANTA — Cloud-solutions developer Predictix has named John Simon as its new CEO.

    Simon will be charged with helping accelerate growth as Predictix continues developing and delivering solutions to retail companies. The move comes on the heels of the partnership announced between Predictix and analytics-based consumer chain solutions developer Yomari.

  • Online retailers get back to basics

    NEW YORK — Online retailers are focused on retaining existing shoppers by giving them a better online shopping experience.

    As shoppers become increasingly connected, online retailers are developing strategies to increase web conversion and loyalty.

    According to the 2013 Shop.org/Forrester Research Inc. State of Retailing Online survey, 51% of retailers surveyed say their top priority for 2013 is site optimization, including checkout optimization, alternative payments, user experience, testing and product detail page enhancements.

  • Global tech startup personalizes shopping experience

    NEW YORK — Global technology startup Synqera has launched Simplate, an in-store point-of-sale terminal that provides real-time business-to-consumer media communications, at the National Retail Federation’s 102nd Annual Convention & EXPO.

    Synqera describes Simplate as one of the first interactive POS terminals that uses big data, such as customer preferences, behavior, demographics and purchasing information, to provide personalized media communications for on-the-spot marketing.

  • Sports retailer gets smart about retail analytics

    ATLANTA — National sporting goods retailer Hibbett Sports has selected a business intelligence platform developed by QuantiSense, which will allow it to leverage retail analytics so it can improve local assortments across all physical stores.

  • Market Track: December 2012

    In December, the retailers that increased their page counts were balanced out by those that decreased their page counts. However, of those retailers that did reduce their page counts, only two also reduced the number of inserts distributed by more than 2%. 

    Keeping with their November strategy, Walmart continued its aggressive promotions this month, and has shown a significant increase in both drop of flyer and pages per flyer. They showed the highest growth compared to other advertisers in page counts, and the second highest growth in number of flyers.

  • NCR empowers DSW employees to go mobile

    Duluth, Ga. -- NCR Corp. announced that DSW Inc. will expand its use of NCR Advanced Store point-of-sale software to offer DSW shoppers mobile  POS functionality and returns throughout the chain.  
        

  • Study: Most shoppers use Internet to purchase and research

    New York -- A study released Monday by Cisco revealed that, as retailers reinvent their in-store shopping experience in the face of the continued rise of e-commerce, digital content from the Internet has emerged as the most powerful influence in buying decisions for the majority of shoppers in all channels.

X
This ad will auto-close in 10 seconds