Data & Analytics

OAKLAND, Calif. — Global footwear company Deckers Outdoor Corporation, known for its Ugg and Teva brands, has selected the GT Nexus platform to improve supply chain collaboration and visibility. 

The cloud-based platform eliminates manual processes, paper and spreadsheets to streamline supply management processes. It also allows Deckers to monitor the movement of products and payments from order through delivery and settlement.

Oakland, Calif. -- Global footwear brand Deckers Outdoor Corp. announced it is using the GT Nexus cloud-based supply chain platform to improve supply chain collaboration and visibility.

The parent to the Ugg Australia and Teva labels said the platform will replace EDI and point solutions with a multi-enterprise network solution connecting external supply chain partners to Deckers’ ERP system and providing real-time performance updates.

Aston, Pa. -- Actions Services Group has announced a service agreement with Strategic Restaurants Acquisition Co. to provide exterior sign and lighting maintenance services for its 295 Burger King restaurant units.

The two-year maintenance program covers proactive, scheduled quarterly visits to Strategic Restaurants’ units to inspect, repair and/or replace lamps, ballasts, sockets, electrodes, tube supports, wiring within the sign or light fixture LED or non-LED redband, LED or non-LED channel letters, neon transformers and secondary wiring.

Washington, D.C. -- Import volume at the nation’s major retail container ports is expected to increase 3.3% in May over the same month last year, but growth could trickle to a standstill by the end of the summer, according to the monthly Global Port Tracker report released Tuesday by the National Retail Federation and Hackett Associates.

BENTONVILLE, Ark. — Walmart has announced plans to conduct in-depth safety inspections at every single factory in Bangladesh that produces goods for the retailer. The company says it aims to complete all reviews within six months and publicly release the names and inspection information on all 279 factories.  

CINCINNATI — Vantiv, a leading provider of payment processing services and related technology solutions for merchants and financial institutions, is combining point-of-sale redemption technology with the Visa Offers platform for cardholders and merchants of all sizes. 

The upgraded technology will help drive additional value at the point-of-sale. 

Washington, D.C. -- Total retail sales increased 0.1% in April from March, according to figures released Monday by the U.S. Commerce Department. The increase, an improvement from a 0.5% decline in March, beat the 0.3% drop economists had predicted in a Bloomberg survey.  

Excluding automobiles, gas stations and restaurants, sales  increased 0.6% seasonally adjusted from last month and increased 3.9% unadjusted year-over-year, according to the National Retail Federation.

New York – In what could be bad news for retailers, “mass affluent” consumers (those with $50,000 to $250,000 in investable assets) and Gen Y (age 18-34) are cutting back on spending to save for retirement. According to the Spring 2013 Merrill Edge Report, the average mass affluent investor expects to save $860,000 for retirement but has only saved $150,000. If given an extra $1,000 per month, 50% of mass affluent consumers would put it toward savings or paying down debt.