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Data & Analytics

  • Watts takes on new role at QVC

    WEST CHESTER, Pa. -- QVC has announced the promotion of Claire Watts to the newly created position of CEO of U.S., reporting to QVC president and CEO Mike George.  Watts' new position, which is effective immediately, includes responsibility for the overall strategy and operations of QVC's U.S. business.  

  • Roundy’s chooses Revionics for price optimization services

    New York City -- Revionics said that it has been selected by Roundy’s Supermarkets as the retailer’s price optimization provider. The supermarket chain said it will leverage Revionics' analytic services, which will provide the retailer with insight into market patterns and consumer preferences to make better, fact-based decisions.

  • RedPrairie finalizes acquisition of SofTechnics

    Atlanta -- RedPrairie Corp., a productivity solutions provider, announced that it has finalized the acquisition of SofTechnics, a leading provider of integrated retail enterprise solutions that has been serving customers for more than 20 years.     

  • Cabela’s launches new site on Fry’s platform

    Ann Arbor, Mich. -- Fry, Inc., a wholly owned subsidiary of Micros Systems, announced that Cabela’s has launched its newly designed website on Fry’s Open Commerce Platform.

  • Walmart Foundation donates $2 million to make food banks 'green'

    BENTONVILLE, Ark. — Walmart's philanthropic arm announced a $2 million donation to help food banks save money on energy bills.

    This funding, the Walmart Foundation said, will help 16 food banks "go green," by becoming more energy efficient through lighting, refrigeration or heating and air conditioning equipment upgrades.

    This initiative is a part of Walmart's commitment to fighting hunger. In May, Walmart and the Walmart Foundation announced a $2 billion cash and in-kind commitment through the end of 2015, including:

  • S&P Equity Research sees consumer spending up 3% in 2011

    New York City -- Consumer spending will rise 3% this year, according to retail analysts at S&P Equity Research. While the majority of publicly traded retailers were able to capture share in 2010 from smaller competitors or those that were forced to declare bankruptcy, and also increase profit margins, the S&P retail analysts see 2011 as another good year.

  • Jones Lang LaSalle debuts website for FASB/IASB updates

    Chicago -- Jones Lang LaSalle announced Tuesday that it has launched a website to deliver strategies, tools and information regarding the upcoming changes in lease accounting treatment by the U.S. Financial Accounting Standards Board (FASB) and its counterpart, the International Accounting Standards Board (IASB).

  • Survey: E-commerce fraud picture stable in North America

    Mountain View, Calif. -- Survey results released Tuesday by CyberSource, a Visa Co., showed that the online fraud rate has remained flat in the United States and Canada; however, U.K. merchants are seeing a rise in e-commerce fraud.

    According to the annual surveys of e-commerce fraud in North America and the United Kingdom, the 2010 fraud rate (the percent of accepted orders which later turn out to be fraudulent) remained at 0.9% for the second straight year.

  • Epson thermal printer helps Friendly’s Express increase order accuracy

    Long Beach, Calif.  -- Epson America announced that Friendly's Express, a new fast-casual concept from Friendly Ice Cream Corp., is using Epson's TM-T88 ReStick thermal printer with MAXStick liner-free, biodegradable and recyclable labels to identify orders in all five of its locations. By installing an intelligent label interface into the Epson ReStick printer, Friendly's Express was able to configure its point-of-sale (POS) systems to print individual item labels for only its carryout orders.

  • Survey: Nine merchants lauded for online customer service excellence

    Chicago -- A survey released Tuesday by the e-tailing group said that nine merchants out of the 100 benchmarked excelled at online customer service.

    According to the group’s 13th Annual Mystery Shopping Study, conducted during fourth quarter 2010, Lands’ End made the list for a third consecutive year. Coach and Saks Fifth Avenue are two-year repeat achievers.

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