Data & Analytics

JACKSONVILLE, Fla. — Stein Mart shareholders have re-elected the following people to the company's board of directors:

Jay Stein, Ralph Alexander, Alvin R. Carpenter, Irwin Cohen, Susan Falk, Linda M. Farthing, Mitchell W. Legler, Robert L. Mettler, Richard L. Sisisky, Martin E. Stein, Jr. and John H. Williams, Jr. Each will serve one year terms

The phrase “big data,” is all the rage these days and IBM made a major move to drive growth.

New York -- Saks Fifth Avenue’s Off 5th plans to open its doors in Syracuse’s Carousel Center on June 21.

The 24,962-sq.-ft. store will be located in the center’s new expansion area called Destiny USA, which is the largest LEED certified commercial retail project in the country.

Norristown, Pa. -- As part of its continuing commitment to sustainability, USM Inc. has recently received LEED Silver CI (Leadership in Energy and Environmental Design for Commercial Interiors) certification for its headquarters facility in Norristown, Pa. The facility opened in October 2011.
 
A national provider of interior and exterior facilities maintenance programs, USM is a subsidiary of EMCOR Group, a leader  in mechanical and electrical construction, energy infrastructure, and facilities services for a diverse range of businesses.

By Ed Weiser, motorolasolutions.com/mobilePOS

On a recent trip to an electronics store, I found myself contemplating the art of the sale – or more accurately, the digital technology that really drives the sale. While browsing, I overheard a woman discussing the features and benefits of several digital cameras with a sales associate. The exchange seemed pleasant enough and the associate helped her select a camera that best fit her needs.

Los Angeles -- TruConnect Mobile LLC announced it has partnered with Walmart Stores to deliver a new prepaid mobile broadband service called Internet on the Go.

The new offering, which is exclusively sold at Walmart, features a service plan from TruConnect with no monthly fee and where the data balance never expires (if used once a year). This is different from other low-cost prepaid monthly services where unused megabytes are wasted at the end of the month – potentially driving up the cost.

Secaucus, N.J. -- The Children’s Place announced that Eric Bauer left the company, effective June 19, 2012. President and CEO Jane Elfers will resume oversight of retailer’s supply chain, store operations, finance, information technology and real estate functions.

Elfers said: “We thank Eric for his contributions and wish him well in his future endeavors.”
 

New York -- The Home Depot plans to spend $1.3 billion on new technology and $700 million to build 36 new stores from 2013-15, according to a report by Investors Daily.

The report was based on remarks chain’s senior VP finance, Ted Decker, made Tuesday at Jefferies Global Consumer Conference.

Decker also said the company plans to build “new state-of-the-art distribution facilities” to leverage its stores.
 

NEW YORK — Barnes & Noble saw revenue increases across all of its segments, but it was its digital segment, lead by Nook, that helped narrow its net loss for the fourth quarter and fiscal year 2012.

Barnes & Noble's consolidated revenue for the fourth quarter increased 0.4% to $1.4 billion as compared with the prior year. Net loss for the quarter improved 3% as compared with the prior year to $57.7 million, or $1.08 per share.

GRAND RAPIDS, Mich. — Meijer recently joined the U.S. Environment Protection Agency's GreenChill Partnership. Created as a voluntary partnership, GreenChill members focus on reducing refrigerant emissions and decreasing their impact on the environment and ultimately people's health. By joining GreenChill, Meijer is pledging to meet higher standards that go beyond the regulatory requirements to protect the ozone layer and combat climate change.