Data & Analytics

SAN JOSE, Calif. — Revenue at eBay soared 23% to $3.4 billion during the company's second quarter, thanks to strong performances in its Marketplaces and PayPal businesses.

Boise, Idaho -- Albertsons LLC said it has teamed with Recall InfoLink to manage its recall process.

The supermarket chain is launching the Recall InfoLink deployment in its pharmacy operation. Recall InfoLink improves efficiency by providing standardized messages, automated communications, inventory tracking and reports for compliance efforts. 

PALO ALTO, Calif. — Macy's has launched a national rollout of Shopkick's location-based rewards application. Customers can now earn rewards, in shopkick’s cross-retail currency of “kicks”, just for walking in to more than 800 Macy’s stores nationwide, and instantly receive exciting exclusive deals and offers.

Palto Alto, Calif. -- Shopkick, the location-based shopping app that rewards shoppers for walking into stores and interacting with products, and Macy's, announced a full national rollout in more than 800 Macy’s stores of the shopping application.

New York -- J.C. Penney CEO Ron Johnson said that he is sticking with the chain’s new pricing strategy and that the company’s board of directors was “totally supportive.”

In remarks at Fortune magazine's Brainstorm Tech conference in Aspen, Col., Johnson acknowledged that J.C. Penney initially confused customers when it came to explaining the new pricing strategy.

NEW YORK — Best Buy plans to hire 500 new Geek Squad staffers. The move comes some two weeks after the retailer said it would lay off 600 existing workers in the tech support arm of its business as it looked to focus the group less on basic installation services and more on remote tech consulting. It also comes as Verizon announced it was partnering with Geek Squad to offer services to meet the information technology requirements of small and mid-size businesses across the country.

NEW YORK — The Deloitte Consumer Spending Index continues to rise, thanks to improvements in the housing market.

New York -- The Deloitte Consumer Spending Index (Index) posted its fourth consecutive increase in June, rising to 3.22 from a reading of 3.09 the previous month. The Index, which tracks consumer cash flow as an indicator of future consumer spending, is comprised of four components: tax burden, initial unemployment claims, real wages and real home prices.