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Data & Analytics

  • Wren and Big Y grocer team toward customer relationship-building

    Atlanta -- Wren Solutions said Tuesday it has launched a retail audit software offering Encapsulon Assessment, as well as a new customer relationship with Big Y, a supermarket chain operating 61 stores in Massachusetts and Connecticut.

    Encapsulon Assessment enables loss prevention and store operations professionals to streamline and simplify the process of designing, conducting, and following up on audits.

  • Kroger puts former PetSmart exec in sustainability position

    Cincinnati -- Kroger announced Tuesday that it has named Suzanne Lindsay as its director of sustainability.

    In the newly created position, Lindsay — who previously created and led sustainability initiatives at PetSmart — will lead Kroger's internal sustainability initiatives and will lead the company's sustainability leadership team.

  • U.S. retail sales rose in February by most in five months

    Washington, D.C. -- A report released Tuesday by the Commerce Department said that retail sales in the United States rose 1.1% in February, the most in five months.

    The advance matched Bloomberg estimates and followed on the heels of a 0.6% increase in January that was larger than anticipated.

  • Soaring profits give Hibbett confidence to grow

    BIRMINGHAM, Ala. — Hibbett Sports Inc. saw its profit for the quarter ended Jan. 28 jump 27% to $15.8 million, compared with $12.5 million in the year-ago period.

     Revenue increased 10% to $190.7 million from $173.2 million, missing Wall Street’s expected $192.2 million in revenue. Same-store sales rose 7.2%.

    For the full year, Hibbett reported net income of $59.1 million, up from $46.4 million last year. Revenue rose to $732.6 million, from $665 million.

  • Long-time cable exec finds new connection with B&N

    NEW YORK — Former Cablevision executive, Michael Huseby will join Barnes & Noble as CFO, effective March 13. He will report to CEO William Lynch. 

    Huseby will lead the company’s finance organization, aligning the company’s finance and business strategies, optimizing the company’s capital structure and helping to scale the rapidly growing digital business. He will oversee the functions of planning and analysis, corporate development, accounting, treasury, tax, investor relations and internal audit.

  • Survey: Most tablet owners use mobile devices to shop

    Los Angeles -- A survey released Monday by PriceGrabber said that 77% of consumers who own a tablet computer use either a tablet or a smartphone to shop.

    The survey includes responses from 1,829 U.S. online shopping consumers, 22% of whom indicated that they own a tablet computer.

    When consumers who use their mobile devices for shopping were asked how often they make purchases from their mobile devices, 40% said a couple times a month, 23% said once a week, 20% said a few times a year, and 10% said daily.

  • Employment Trends Index up 1.38% in February

    New York City -- The Conference Board reported Monday that its Employment Trends Index increased 1.38% in February to 107.46, from the revised figure of 105.99 in January.

    The February figure is also up 6.1% from the same month a year ago.

  • Research: Boomers and Gen Y divided on retail sensory experiences

    Boston -- New research released by Brodeur Partners uncovered that Baby Boomers and Generation Y’ers think differently about the shopping experience.

    According to The Brodeur Partners’ Retail Relevance Study, Boomers see the ideal shopping experience as getting a good deal on a decent product. For Gen Y, it’s more about a stimulating, sensual, “sharable” experience.

  • Friendly's teams with Micros Systems for web ordering and loyalty program

    Columbia, Md. -- Micros Systems said Monday that Friendly’s Ice Cream has expanded its partnership with Micros through the addition to its technology solution set of online ordering and a guest loyalty program.

    To support its initiative of adding to its customer base and retaining current customers, Friendly's has elected to deploy Micros webOrdering and Micros iCare Customer Relationship Management solutions.

  • K3 Retail launches alliance with JustEnough Software

    Newport Beach, Calif. – U.K. Microsoft Dynamics solution-provider K3 Retail said Monday it has formed an alliance with JustEnough Software to help retailers more effectively plan financials, assortments, markdowns, promotions and allocations with flexibility, accuracy and ease.



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