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Data & Analytics

  • UL expands product safety capacity

    UL has more than doubled its product testing capability by relocating to a new 48,000-sq.-ft. facility in Enfield, CT.

    The company, whose ubiquitous UL trademark appears on all manner of products, said the relocation will enable it to more efficiently meet the growing demand for the company’s analytical, physical, performance and compliance testing of consumer products for retailers and manufacturers doing business in the U.S.  

  • E-World Online and Costco partner on program to reduce waste

    Vista, Calif. -- Consumer electronics recycler E-World Online said Wednesday that it has teamed with Costco Wholesale Corp. on the launch of a national program to make managing merchandise returns more sustainable.

    E-World Online’s Retail Return Program will track returned merchandise and find markets for reusable or recyclable products. Costco has implemented, trained and deployed E-World Online’s RRP program in all of its U.S. warehouses, making it the largest such retail return program, according to E-World Online.

  • Tesco selects Microsoft Office 365 for social platform

    Redmond, Wash. – Tesco has chosen Microsoft Office 365 for its companywide collaboration and social platform. The U.K.-based retailer is committed to deploying Office 365 to its employees working at the company's headquarters, in the field and in stores, across all its locations in Europe and Asia.

  • Totsy teams up with Mamasource for online magic

    NEW YORK — Totsy, a leading private sale site aimed at parents, has grown its membership to five million and will expand its daily deal offerings with its acquisition of Mamasource, a leading daily deal site for moms.

    Headquartered in New York, Totsy is a privately held company that connects its members with essential products and brands designed for expecting moms, parents, babies and kids at sample sale prices. Mamasource is one of the largest mom focused community and commerce sites on the Internet, founded in 2005 and

  • MasterCard Advisors: December total U.S. retail sales up 2.4% year-over-year

    Purchase, N.Y. -- Total retail sales (excluding automotive) for December 2012 grew by 2.4% year-over-year, according to a SpendingPulse report released Wednesday by MasterCard Advisors, the professional services arm of MasterCard. (SpendingPulse reports on national retail sales and is based on aggregate sales activity in the MasterCard payments network, coupled with estimates for all other payment forms, including cash and check.)

  • DSW ups the omni-channel ante

    BOYNTON BEACH, Fla. — Designer Shoe Warehouse will use VendorNet’s StoreNet Live tool to strengthen its e-commerce position by improving fulfillment for online sales.

  • ALCO to deploy Revionics pricing solutions

    Abilene, Kansas -- ALCO Stores and Revionics Inc. announced a multi-year partnership, which will support optimal pricing decisions throughout ALCO’s 217 stores.

    Revionics Life Cycle Price Optimization solutions and Analytic Solutions will enable ALCO to design and execute regional, localized pricing initiatives, timing of markdowns, promotional pricing and analysis of customer market baskets and key volume items.

  • Study: Convenience trumps price for both in-store and online shoppers

    Boston -- The number one reason people choose to shop either in-person or online is convenience and not price, according to the results of a new survey released by Continuum, a global design and innovation consultancy. Continuum's 2012 Service Design Report looked at data from more than 1,000 consumers across the country and uncovered the top reasons they choose whether to shop in-stores or online.

    The top reasons respondents say they shop in stores are:
    • For convenience (40%);
    • They don't trust the quality online (22%);

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