Data & Analytics

The new Target.com website went live last Tuesday just as Target News Now was hitting in-boxes with an item about the relaunch that began, “Just launch the new site already.” Well, now that the completely reengineered site is operational, it marks the company’s first step on an ambitious plan for multi-channel expansion, according to Target.com president Steve Eastman.

Mooresville, N.C. -- Lowe’s Cos. is consolidating its store operations and merchandising organizations. The move is designed to improve efficiencies, increase speed to market for new products and services, and enhance the shopping experience for customers, the chain said.

Scottsdale, Ariz. -- JDA Software Group announced that MC Sports, which operates  more than 70 stores in seven Midwestern states, selected JDA Allocation and JDA Size Scaling to help increase revenue while reducing inventory levels.

New Balance has brought its “Experience” format to North America, opening a 4,000-sq.-ft. space in Manhattan’s Flatiron District.

By Steve Dispensa, [email protected]

Escalating IT security threats and strengthening regulatory requirements have driven adoption of two-factor authentication among retailers to unprecedented levels. In an effort to stave off increasingly virulent attacks and meet PCI DSS mandates, many retailers have deployed security tokens, like RSA’s SecurID, to secure access to their corporate network and the sensitive customer and payment data it contains.

OAKLAND, Calif. — Cost Plus reported that net sales for the second quarter of fiscal 2011 were $197.9 million, a 3.2% increase compared with $191.8 million for the second quarter of fiscal 2010. Same-store sales for the second quarter of fiscal 2011 increased 2.8% compared with a 6.5% increase for the second quarter last year. The increase in same-store sales for the second quarter was due to an increase in customer count of 5.5% offset by a 2.5% reduction in the average ticket per customer, the company reported.

New York City -- New Balance has opened its first North American Experience Store, in New York City's Flatiron District. The approximate 4,000-sq.-ft. space is designed to reflect the heritage and spirit of the century-old brand.

Wayne, N.J. – Toys “R” Us has implemented a number of sustainable initiatives that conserve energy, minimize waste, and reduce its stores’ overall impact on the environment while diminishing the company’s carbon footprint.

The chain said that its new and renovated “R”Us locations include a combination of the following sustainable features:

Brisbane Calif. -- Bebe Stores reported Thursday that profit for the fourth quarter doubled to $4.7 million, from $2 million in the year-ago period.

Revenue rose 8% to $132.3 million, compared with $122.1 million last year and beating Wall Street expectations of $126.1 million. Same-store sales grew 7%.

For the year, the company narrowed its loss to $1.8 million, from $5.2 million in fiscal 2010. Annual revenue increased 3% to $493.3 million.

Denver -- Junction Solutions said Thursday it will co-host three events on Sept. 8 to announce global launch of Microsoft Dynamics AX 2012.

Together with Microsoft CEO Steve Ballmer, Microsoft Business Solutions President Kirill Tatarinov and Nigel Montgomery, research director for Gartner Research, Junction Solutions will host half-day events in Cincinnati, St. Louis, and in Mountain View, Calif.