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Data & Analytics

  • SAS solves challenge of what to do with big data

    The ability to integrate more data from more sources faster than ever to accelerate decision-making forms the core value proposition of an the new SAS Customer Intelligence solution unveiled this week at the software company’s Global Forum.
     

  • Kohl’s chief merchandising officer resigns

    New York -- Kohl’s Corp.’s chief merchandising officer, Donald A. Brennan, resigned his position, effective as of April 1, 2014. Kohl's disclosed Brennan's departure in a filing this week with securities regulators.

    Under a separation agreement with the department-store operator, Brennan will receive a one-time severance payment equal to 2.9 times his annual salary plus the average of the three most-recent annual incentive compensation plan payments paid to him, according to a regulatory filing.

  • Five Below Q4 tops estimates; 62 stores planned for current year

    Philadelphia -- Five Below on Tuesday reported better-than-expected results for its fiscal fourth quarter, ended Feb.1. The tween/teen retailer also said it is on track to open 62 stores in 2014

    The company posted net profits of $24.8 million, slightly higher than estimates of $24.6 million, up from $19.2 million in the year-ago period.

    Sales jumped 22.1% to $212 million, beating analysts' expectations for $207.78 million in sales. Same-store sales increased by 0.3%.

  • Five Below sees improving trends in challenging fourth quarter

    A severe winter may have affected sales results for many retailers, but Five Below saw improving trends as it weathered the fourth quarter.

    Net sales increased by 22% to $212 million from $173.6 million in the prior-year quarter, which consisted of 14 weeks. Comparable-store sales increased by 0.3% on a 13-week basis.

    The company ended the quarter with 304 stores in 19 states, an increase of 25% from the end of the prior-year quarter.

  • Oracle Industry Connect speakers focus on enabling growth

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  • RadioShack opens second California concept store

    Fort Worth, Texas — RadioShack has opened the company’s second California concept store in Sun Valley. RadioShack has been part of the Sun Valley community since opening in 1982. The new concept store has moved to a new location in Canyon Plaza.

  • mPOS provider Love Velvet joins Samsung Solutions Exchange

    I Love Velvet, a leading provider of end-to-end, secure, mobile point-of-sale (mPOS) solutions, is now a member of the Samsung Solutions Exchange. The Samsung Solutions Exchange addresses the needs of line of business owners by creating holistic mobile solutions on a robust portfolio of enterprise-grade Samsung Mobile devices.

    Coupled with Samsung Mobile devices, the I Love Velvet mobile point-of-sale solution offers three major components: Velvet mPOS hardware, Velvet store and Velvet cloud.

  • Kantar Media reports double digit increases across retailer coupons in 2013

    Minneapolis -- The distribution of digital coupons on retailers’ websites exploded in 2013, increasing 39.5% over the previous year, according to data released by Marx, a Kantar Media company. The growth of digital coupons was followed by a 25.6% increase in retailer participation in freestanding insert (FSI) coupon promotion pages, and a 12.6% increase in total retailer feature ad pages distributed.

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