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.

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.

Dallas -- Dave & Buster's Inc. said Monday it has named Kevin Bachus as its senior VP entertainment and game strategy, effective immediately.

Bachus is co-creator of the Xbox videogame console system. He joins Dave & Buster's from social network Bebo, where he was chief product officer.
 
In the newly created Dave & Buster’s role, Bachus will be responsible for driving the evolution from on-premise-based entertainment to multi-platform gaming, including mobile and online.
 

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.

Richmond, Va. -- Poll results released Monday by hourly employment network Snagajob found that most hourly employers are not waiting until after Election Day to make business decisions. The survey found that more than half of hourly employers (55%) cited potential healthcare requirements as the key presidential election issue most likely to affect their business. Possible economic stimulus plans (25%) and tax code changes (14%) were among other concerns weighing on hourly employers.

FORT LEE, N.J. — Supermarkets are facing increased competition from dollar stores, according to a new survey from Perception Research Services International.

HOFFMAN ESTATES, Ill. — Sears Holdings has added the Teradata Active Enterprise Data Warehouse Platform 6690 to its existing Teradata analytic environment.

Hoffman Estates, Ill. -- Teradata, the analytic data solutions company, announced that Sears Holdings has upgrades its existing Teradata analytic environment with the Teradata Active Enterprise Data Warehouse Platform 6690, which leverages both SSD and HDD storage.

Sears has also added the new Teradata ADW Private Cloud with Elastic Performance on Demand for on-demand business analytics.