Data & Analytics

ROSEVILLE, Calif. — Revionics a provider of end-to-end merchandise optimization solutions has renewed its software contract with Family Dollar. This renewal agreement will extend Family Dollar’s services with Revionics Price Optimization. Family Dollar will be leveraging Revionics’ solutions in each of its more than 7,600 stores in 45 states.

Roseville, Calif. -- Family Dollar Stores is renewing its software contract with Revionics, which provides end-to-end merchandise optimization solutions, the supplier announced. The multi-year agreement will extend the retailer’s services with Revionics’ price optimization solutions, with Family Dollar leveraging Revionics’ solutions in each of its more than 7,600 stores in 45 states.

New York -- Aeropostale announced the retirement of president Michael Cunningham, effective March 29. He will remain on the board of directors.

ENGLEWOOD CLIFFS, N.J. — LG Electronics USA has launched what it claims is the industry's first top-load washer with steam technology certified "asthma and allergy friendly" by the Asthma and Allergy Foundation of America (AAFA). 

In addition, the new high-efficiency top-load washer is designed to deliver superior high-efficiency performance, offering uniquely gentle but deep cleaning capabilities, with the added benefit of odor reduction, the company said. 

ATLANTA — Predictix, a provider of merchandising and supply chain solutions for retailers, has named Bradley White as its new CFO. White is a proven financial executive and joins Predictix with more than 15 years’ experience in treasury, finance, accounting, public company reporting, employee management, strategic planning and tax compliance in diverse global businesses and industries.  This comes after the recent appointment of John Simon as Predictix’ new CEO.

Arlington, Va. -- The passage of comprehensive tax reform and a more level playing field between online retailers and Main Street retailers for sales tax collection top the Retail Industry Leaders Association’s public policy priorities for 2013.

According to RILA, the retail industry pays among the highest domestic effective tax rates at 36.4% more than 10 percentage points higher than the average for all other industries.

Toronto -- Mood Media announced that it is consolidating its portfolio companies — Muzak, DMX and Mood Media — into a single global brand under the Mood banner. Mood acquired Muzak, which was founded in 1934, in 2011.  

“It’s the end of an iconic American brand,” said Lorne Abony, chairman and CEO Mood Media, in a New York Times report.
    

WASHINGTON — The National Retail Federation has been outspoken in its criticism of credit card fees and now a group called the Electronic Payments Coalition that represents credit unions,banks and payment card networks is firing back, claiming that the retail lobby is making false statements regarding checkout fees.