Data & Analytics

CLEVELAND — Greeting card maker American Greetings announced last week that its board has formed a committee of independent directors to consider an offer to privatize the company, reported the Associated Press.

According to AP, CEO Zev Weiss and his brother, president and COO Jeffrey Weiss, along with other investors and executives, submitted a proposal to the board on Sept. 25. The group wants to buy all of the company's common stock that it doesn't already own for $17.18 per share, valuing American Greetings at approximately $581 million.

Tokyo -- Analytic data solution-provider Teradata said Monday that Takashimaya Co. has completed deployment of a Teradata data warehousing environment to serve as the primary data analytics system for centrally housing and managing its product and customer information.

Takashimaya is one of the world's largest chains of department stores, and is the nucleus of the Takashimaya Group worldwide.

BURLINGTON, Mass. — E-commerce solution-provider Demandware said Monday that Pacific Sunwear of California has launched Demandware’s multichannel commerce solution, powered by the Demandware Commerce platform, across its web, mobile and tablet channels as well as its brick-and-mortar stores.

Pacific Sunwear replaced its legacy platform with the new cloud-based platform.

Burlington, Mass. -- E-commerce solution-provider Demandware said Monday that Pacific Sunwear of California has launched Demandware’s Multichannel Commerce Solution, powered by the Demandware Commerce platform, across its web, mobile and tablet channels as well as its brick-and-mortar stores.

Pacific Sunwear replaced its legacy platform with the new cloud-based platform.

New York -- Wal-Mart Stores Inc. is being hit by yet another lawsuit, as a proposed class action was filed Monday alleging that the world’s largest retailer and its staffing agencies broke federal minimum wage and overtime laws. The suit, filed in the U.S. District Court of Illinois' Eastern Division claims that Wal-Mart and its staffing firms Labor Ready and QPS required temp workers in the Chicago area to arrive early for work, stay late, and work through lunches and breaks without pay.

Jacksonville, Fla. -- Regency Centers has reduced its energy consumption since 2010 by 3.4 million kilowatt-hours. The installation of networked lighting controls at 48 shopping centers, combined with the use of LED lighting and more efficient HID lamps, accounts for the majority of these savings.

QUINCY, Mass. — Stop & Shop is opening a new store that will include new features that emphasize health and wellness and sustainability, the company said.

Stop & Shop, a division of the U.S. subsidiary of Dutch supermarket operator Ahold, said the Wayland, Mass., store would include nine complementary electric car charging stations, as well as numerous energy-efficient features. The store's grand opening is scheduled for Nov. 16.

Facebook investors are still a disgruntled lot, but Walmart couldn’t be happier with its experience with the social network.