Data & Analytics

Framingham, Mass. -- Staples Inc. opened its new Velocity Lab, in Cambridge, Mass. The lab houses teams responsible for designing and implementing innovative new e-commerce and mobile solutions across Staples’ global business units.

The move is part of the office supply retailer’s recently announced strategic plan to accelerate growth by integrating its retail and online offerings and increasing investment in online and mobile capabilities to provide business customers with a seamless multichannel shopping experience.

Palo Alto, Calif. -- Retail and distribution optimization company Aldata said Tuesday it has merged with customer engagement specialist EYC.

Both companies are part of the Symphony Technology Group, and the merger will create a new company, Symphony EYC.

The merger is intended to combine EYC’s customer engagement analytics with Aldata’s retail and distribution optimization execution capabilities, linking customer insights and engagement strategies into retail assortment, merchandising and supply chain execution.

New York -- Wal-Mart Stores’ ongoing investigation into bribery allegations was thrust into the spotlight again on Monday after the New York Times ran a lengthy piece detailing how an elaborate series of payments accelerated construction of a controversial store in Mexico City.

Fort Mill, S.C. — Honeywell has introduced a next generation scanner said to offer retailers improved label reading properties and increase checkstand throughput.

Anxiety over Amazon.com is at an all time high this holiday season and a top executive at Nordstrom shared insights recently on competing successfully.

Reston, Va. — Survey results released Monday by comScore revealed that the most recent work-week saw four individual days eclipse $1 billion in spending, led by Green Monday with $1.275 billion.

comScore, which has monitored holiday season retail e-commerce spending for the first 44 days of the November–December 2012 holiday season, reported that to date $33.8 billion has been spent online, marking a 13% increase versus the corresponding days last year.

The Saatchi & Saatchi X division of the Publicis Groupe named three new executives focused on digital media.

Springdale, AR.-based Saatchi & Saatchi X said it hired Alan Segal as digital creative director, Brandon Viveiros as digital production director and Chance Chapman as senior digital strategist.

Jeremy Cage was named CEO of the global LED lighting firm Lighting Science Group.

Cage, 48, was selected to lead the company based on his experience in building major brands, his success in developing commercially-appealing technologies and bringing them to market, as well as his distinguished track record of strengthening business models and improving operational efficiencies, according to a statement by Lighting Science Group.

Cage replaces Brad Knight, who served as interim CEO while the board worked with an executive search firm. Knight will continue to serve as COO.

Boca Raton, Fla. -- Office Depot has added PayPal to its selection of online payment options, giving customers a secure way to pay for purchases.   

Using PayPal on the chain’s website simplifies the online checkout process by providing shoppers with a quick and secure option to pay for purchases without sharing financial information, Staples said.

Purchase, N.Y. -- A SpendingPulse report released Monday by MasterCard Advisors found that after a three-week recovery of retail spending growth that started two weeks after Superstorm Sandy and lasted through the week ending Dec. 1, a slowdown occurred in the week ending Dec. 8.  

After a surge in growth in late November some key sectors such as Specialty Apparel slipped into negative growth in early December, according to the report.