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Data & Analytics

  • Amazon to buy Kiva Systems for $775 million

    Seattle -- Amazon.com on Monday announced it has agreed to buy Kiva Systems Inc. for $775 million in cash. Kiva is a manufacturer of automation technology for fulfillment centers, and is best known for its mobile- robotic technology and sophisticated control software.

  • Target completes share repurchase program

    MINNEAPOLIS — Target has completed its $10 billion share repurchase program.

    The program, which was authorized by the retailer's board of directors in November 2007, represents the repurchase of 193.5 million shares, or nearly 23% of its outstanding shares from that time period, at an average price of $51.68 per share.

    Target will continue to repurchase shares under the $5 billion program approved by its board of directors in January, which it expects to complete in the next two to three years.

  • Canadian Tire honored for sustainability practices

    Toronto -- Canadian Tire Corp. has been honored with the Globe Award for Best Green Retailing Practices. The award is presented to the company that has demonstrated excellence in executing end-to-end sustainable practices and has made measurable environmental performance improvements to its retail operations.

  • Alliance Data in new multi-agreement with Canada’s Toys"R"Us

    DALLAS — Alliance Data Systems Corp. announced that its Canadian coalition loyalty business has signed a new multi-year agreement with Toys“R”Us, Canada to issue air miles reward miles in its 73 stores across Canada effective March 23.

    The Air Miles Reward Program is Canada’s premier coalition loyalty program, with approximately two-thirds of Canadian households actively collecting reward miles.

  • Pinkberry partners with Micros Systems to implement Google Wallet

    Columbia, Md. -- Micros Systems, a provider of information technology solutions for the hospitality and retail industries, has partnered with yogurt retailer Pinkberry to implement Google Wallet. The system, which allows Pinkberry customers to tap their device on an NFC (Near Field Communications) reader to quickly make their purchase and simultaneously redeem coupons and receive discounts, is now live in 69 Pinkberry locations in the United States.

  • Kohl’s honored by EPA for long-term commitment to environment

    Menomonee Falls, Wis. -- Kohl’s Department Stores was honored with the Environmental Protection Agency’s 2012 Energy Star Award for Sustained Excellence at a ceremony in Washington, D.C. The award recognizes Kohl’s long-term commitment to protecting the environment through energy efficiency initiatives. Kohl’s was recognized by EPA in 2010 and 2011 as an Energy Star Partner of the Year, and in 2011 also became the first retailer to be named an EPA Green Power Partner of the Year for three consecutive years.

  • Nielsen: Top five retail apps and websites

    New York -- During the 2011 holiday season, the top retail apps and websites combined — Amazon, Best Buy, eBay, Target and Walmart — reached nearly 60 % of smartphone owners, according to Nielsen.

    “The majority of smartphone owners used their devices for shopping this past holiday season,” said John Burbank, president of strategic initiatives at Nielsen. “Mobile shopping has reached scale and is only going to grow as smartphone penetration continues to rise.”

  • First Data issues report on gift card usage

    New York -- The average gift card dollar volume growth on a year-over-year basis increased 10% during the last six months of 2011, with consumers shopping earlier in the holiday season for prepaid cards and adding more value to their purchases than in 2010, according to a study by First Data Corp.

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