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Data & Analytics

  • Deceleration in traffic and sales cut into Lululemon’s Q4 forecast

    Lululemon planned to start 2014 with a new CEO and flat comparable store sales for the fourth quarter. Despite being on track to hit its numbers, however, a significant dip in traffic and sales in January has prompted the company to cut its fourth quarter forecast.

  • Midwestern U.S. has highest rate of holiday returns

    Irvine, Calif. -- Statistics released by The Retail Equation, gathered during the seven days after Christmas, revealed that the Midwest states had the highest rate of returns, when comparing total dollars purchased to total dollars returned and exchanged.

  • Cybera deploys payment solution to 20K retailers

    New York – Network and application security services provider Cybera, Inc. has reached 20,000 deployments of its payment application defined network (ADN) solution. An AND is an enterprise data network using virtual network and security components to provide a dedicated logical network for each application, with customized security and network policies to meet the requirements of that specific application.

  • Lower demand for firearms and ammo at Big 5 Sporting Goods

    Big 5 Sporting Goods announced that their fourth-quarter sales results were affected by a lower demand year-over-year for firearms and ammunition products as well as a highly promotional retail holiday environment.  

    The company reported net sales of $248 million, an increase of 1.8% from $243.6 million for the prior-year quarter. Same-store sales decreased 0.5% for the quarter versus the prior year period.

  • Jones Group selects VeriFone for payment system upgrade, mobile payment

    New York -- VeriFone Systems announced that The Jones Group Inc. has selected VeriFone solutions to enable mobile payment acceptance and enhance customer experience for its internationally recognized brands, including Jones New York and Nine West.

    VeriFone will upgrade the brands’ payment environments with its PAYware Mobile e210 mobile point-of-sale (mPOS) solution and the MX 915, an NFC-enabled, multi-media payment terminal.
     

  • RG Barry Brands bolsters e-commerce biz with new hire

    RG Barry Brands has named digital marketing veteran Heather Richard as its director of e-commerce.

    Richard will be responsible for strategy and management of R.G. Barry's online initiatives, including multi-brand direct Web store operations, online marketing and overall ecommerce channel growth.

  • Victoria Supermarkets and Revionics team toward price optimization

    Austin, Texas -- End-to-end merchandise optimization solution-provider Revionics announced a multi-year agreement with Victoria Supermarkets for its Price Optimization solution rollout.

    Victoria Supermarkets operates 83 markets in Russia and is owned by the DIXY Group, one of Russia’s largest national retail operators in the food retail market.   

  • Groupon acquires online flash fashion retailer Ideeli

    Groupon has expanded its fashion and apparel footprint with its acquisition of Ideeli, a leading online flash fashion retailer, for $43 million in cash.

    Ideeli was founded in 2007 and its members number in the millions.

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