Data & Analytics

PORT WASHINGTON, Wis. — K2 Sourcing has added former Walgreens purchasing and e-sourcing executive Dan Carlson to its e-sourcing team. 

Carlson will be charged with helping to parse the company’s e-procurement applications and professional procurement services to its clients.

Cincinnati -- The Kroger Company reported better-than-expected net income of $481 million during the first quarter of this year, up nearly 10% from $439 million in the first quarter of 2012. The company also raised its forecast for annual earnings.

Total sales increased 3.4% from $29.1 billion to $30 billion and a 3.3% increase in same-store sales beat analyst projections of a 2.8% increase.

Menlo Park, Calif. -- Facebook on Thursday announced the launch of a video feature for its photo-sharing app, Instagram. The new feature, which allows users to share video clips lasting up to 15 seconds, is seen as a direct shot at Twitter, which acquired short video start-up Vine last year.

Similar to photos, the Instagram videos will show up on a user's profile and will be available immediately on both Apple’s iOs platform and Google’s Android devices.

LONDON — U.S. retailers can look across the pond to Tesco for some digital inspiration. The retailer is launching a new tablet app that will allow shoppers to sign up for its Tesco Clubcard. 

Tesco is looking to recruit more customers to sign up for the retailer’s loyalty card and join the 17 million who already have it. 

The app, built by mobile marketing specialists Incentivated, is hosted on dedicated iPads located in specially created branded cases attached to the walls of stores.

SEATTLE — Point B, a management consulting and venture investment firm, has partnered with BusyLife Software so it can streamline its mobile commerce platform for retailers.

Menomonee Falls, Wis. -- Kohl’s is easing the continuous integration (CI) process for its omni-channel initiatives with the implementation of the Qubell Adaptive PaaS solution. Available as a hosted platform, Adaptive PaaS provides Kohl’s with continuous application deployment, continuous testing and environment management. Specific tasks Kohl’s has executed using Adaptive PaaS include automating the front end of its development process, integrating with various technology stacks and providing developers with near-real-time feedback on their work.

Kroger trounced first quarter sales and profit forecasts, posting a 3.3% gain in identical store sales that drove a 92 cent a share profit.

Total sales increased 3.4% to $30 billion and the 3.3% gain in identical store sales was well ahead of analysts’ forecast of 2.8% growth. It was the company’s 38th consecutive quarter of positive identical store sales growth. Net income increased 9.6% to $481 million which translated to per share profit of 92 cents that was four cents better than the 88 cents analysts’ forecast.

By Bill Leber, Swisslog

E-commerce is fundamentally changing the nature of the retail supply chain. As online shopping continues to compete with and, in many instances, overtake brick-and-mortar retail, traditional retailers are looking for more and more ways to expand their multichannel operations.