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Data & Analytics

  • Report: Walmart testing iPhone self-checkout app

    Bentonville, Ark. -- According to multiple reports on Tuesday, Walmart is testing a new iPhone app that will allow shoppers to scan items using their iPhones and complete their transactions at in-store self-checkout kiosks.

    Walmart is piloting its Scan & Go program in its Rogers, Ark. store. The system is not designed for mobile payment transactions but rather to allow shoppers to complete purchases as they shop in the store.

  • Saks, Facebook, Express, Kate Spade New York execs named to Shop.org board

    Washington, D.C. -- Shop.org, the digital division of the National Retail Federation, on Tuesday announced the addition of new executives to its board of directors and welcomed back three incumbents.

  • Eastern Mountain partners with Smart Button for customer rewards program

    Peterborough, N.H. -- Eastern Mountain Sports said Tuesday it has launched its first customer rewards program; effective Sept. 1, the outdoor retailer debuted the EMS Rewards which allows customers to earn points on purchases.

  • Regency uses crowdsourcing to lease Baltimore shopping center

    Jacksonville, Fla. -- Regency Centers said Friday it is asking Baltimore residents to suggest stores and restaurants they want to open at their local Parkville Shopping Center through an online crowdsourcing platform called Popularise. 

    The leasing recommendations will be considered as part of the grocery-anchored center’s renovation, which has begun construction. 

  • Massage Envy to open at Cobblestone Plaza

    Pembroke Pines, Fla. -- Indianapolis-based, Kite Realty Group said that Massage Envy has leased 4,066 sq. ft. at Cobblestone Plaza, located in Pembroke Pines, Fla. 

    Kite Realty Group represented the landlord, KRG CREC/KS Pembroke Pines, LLC.

    Cobblestone Plaza is anchored by Whole Foods, All Pets Emporium and Party City. The center sites on approximately 22 acres with 140,452 sq. ft. of retail space.
     

  • August consumer sentiment rose to three-month high

    New York -- The Thomson Reuters/University of Michigan consumer sentiment index climbed to a better-than-expected 74.3, compared to 72.3 in July and representing a three-month high.

    Aggressive retail discounting and record-low interest rates boosted the results, but unemployment remains a big concern. 

    “Confidence is lackluster,” Jim O’Sullivan, chief U.S. economist for High Frequency Economics Ltd., told Bloomberg. “It typifies the economy right now. It’s not strong, but not collapsing either.”

  • Survey: BTS shopping shows surge in coupon use

    Austin, Texas -- A survey released Friday by coupon site RetailMeNot found that coupon use for back-to-school shopping surged this year, particularly for retailers selling books, school supplies and apparel.

    According to RetailMeNot, which measured coupon usage during the July 1 to Aug. 20 selling period, as compared with the prior three months, the average daily coupon clicks increased more than 130% for book retailers, more than 40% for merchants selling back-to-school supplies and more than 30% for stores selling apparel and shoes.

  • Wal-Mart’s new Oregon store to have state’s largest green roof

    Bentonville, Ark. -- Wal-Mart Stores said Friday that its new store in Portland, Ore., will feature the state’s largest green roof.

    According to a report by Oregon’s Daily Journal of Commerce, the 90,000-sq.-ft. store, which broke ground Friday in North Portland, will be topped by a 40,600-sq.-ft. green roof, surpassing by more than 10,000 sq. ft. the current largest green roof over the Ramona apartment complex in Portland.

  • GE Capital administrative agent on Golf Town/Golfsmith credit facility

    Norwalk, Conn. -- GE Capital said Friday that it is serving as administrative agent on a $150 million senior secured credit facility to support the combination of Golf Town and Golfsmith, owned by parent company Golfsmith International. 

    GE said the credit facility will be used to support working capital and to refinance existing debt.
     
    "GE Capital structured the financing that will enable us to make … our ongoing operations a success," said Sue Gove, president and COO of Golfsmith International. 

  • SRS names VP

    Dallas -- SRS Real Estate Partners said that Scott Tiernan has joined the company as VP in the Atlanta office.

    Tiernan is charged with helping single-tenant building retailers and restaurateurs expand through leveraging the capabilities of SRS and Cypress Equities. Tiernan previously worked for O'Leary Partners in Atlanta.


     

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