Data & Analytics

MCLEAN, Va. — Capital One has teamed up with ShopSavvy to deliver personalized deals from the Capital One deals program to ShopSavvy app users while they shop and search for deals.  By incorporating Capital One’s deals into ShopSavvy’s leading mobile shopping community, customers can receive targeted merchant offers when they matter most – while they shop.

COLUMBUS, Ohio — Walmart announced that it has worked with SolarCity to install solar panels on 12 Walmart stores and Sam's Clubs throughout Ohio. The solar panel installations will add approximately 6,000,000 kWh of generation production – enough energy to power more than 820 homes – and are expected to supply approximately 5-20 percent of each store's overall electricity use.

NEW YORK — RevTrax, an enterprise promotion platform, has launched PromoVault, a promotions tool that enables marketers to securely execute e-commerce digital coupon campaigns across any channel or device. PromoVault addresses common challenges faced by retailers: the inability to generate and validate unique codes, and the subsequent rise of pirated offers.

MINNEAPOLIS — Paint manufacturer Valspar, has named James Muehlbauer EVP, chief financial and administrative officer, effective March 11,2013. Muehlbauer will replace Lori A. Walker who will retire in April.

Suffern, N.Y. -- Ascena Retail Group reported Monday that adjusted net income for the quarter ended Jan. 26 dropped to $42.9 million, compared with $63.7 million in the year-ago period, due in large part to expenses associated with the company’s acquisition of Charming Shoppes.

Sales soared 44% to $1.2 billion from $862 million, driven by the added Lane Bryant and Catherine’s banners. Same-store sales dipped 1%.

New York -- A report released Monday by Ipsos found that affluent optimism in the U.S. economy rose significantly in February.

Mississauga, Ontario -- Target announced that it is opening three pilot stores in Ontario on March 5 at Stone Road in Guelph, Milton Mall Shopping Centre in Milton and Gates of Fergus in Fergus. The three pilot stores are the first Target locations to open in Canada, and the first of 124 Target stores that will open across the country throughout 2013.
 

North Brunswick, N.J. -- North Plainfield, N.J.-based Levin Management Corp. said that Hand & Stone Massage and Facial Spa has opened a 2,166-sq.-ft. location at The Shoppes at North Brunswick in North Brunswick, N.J.

The open-air lifestyle center is owned by New York-based Garrison Investment Group and managed by Levin Management.

The Shoppes at North Brunswick’s current tenant mix includes Anthropologie, Chico’s and Banana Republic, among others.

By Randy Frischer, [email protected]

Walmart U.S. president and CEO Bill Simon should have plenty to say when he addresses investors March 5 at the 34th Annual Raymond James Institutional Investors Conference.

^{Simon’s comments precede the Raymond James conference but come roughly two weeks after Walmart reported disappointing top line growth at its U.S. stores by posting 1% comp increase that was at the low end of a forecast range calling for a gain of 1% to 3%. The company also issued a tepid outlook for first quarter growth with comps expected to be flat to up 2%.}