Data & Analytics

Boca Raton, Fla. -- Office Depot Inc. reported Monday that it swung to a profit of $12.3 million in the quarter ended Dec. 31, compared with a loss of $108.6 million in the year-ago period.

Revenue edged up to $2.97 billion in the quarter, from $2.96 billion last year, missing Wall Street’s expected break-even on $3 billion in sales. Same-store sales dropped 5%, due in large part to a move away from promotions to shore up profitability, said the company.

BOSTON — A survey sponsored by in-store commerce provider AisleBuyer found that nearly 40% of smartphone-carrying shoppers have abandoned their in-store purchases because of long lines, while 21% will abandon their purchases if there are no registers open.

Salt Lake City -- Overstock.com on Tuesday announced the launch of a new consumer information portal: O.info. The website features blogs, reviews and buying guides to provide pre-purchasing information to consumers.

Broomfield, Col. -- Level 3 Communications announced that Stein Mart will implement Level 3's Smart WAN Solution to support critical business applications used by the company's 262 department stores throughout the United States.

Stein Mart will use the solution to more efficiently and reliably access frequently used business applications, such as revenue reporting, data analytics, and inventory tracking, by connecting its store and data facilities over a single network.

Brentwood, Tenn. -- Tractor Supply Co. has increased its estimated domestic store growth potential to 2,100 locations from a previously estimated 1,800 stores.

FAIRFIELD, N.J. — Consumers trust retailers will provide them with safe, effective products — no easy task when one considers the numerous items any given company can sell. This is especially true for such retailers as Wal-Mart Stores, which has approved a partnership with SGS for safety and compliance testing for all wireless and automotive products sold through Walmart and Sam's Club, both in store and online, for the U.S. market.

Roseville, Calif. -- Revionics, a provider of retail life cycle price optimization solutions, announced that Big Y Foods has renewed its price optimization software agreement with Revionics.

Big Y leverages the solution for its base price planning and optimization throughout all of its supermarkets.

BENSALEM, Pa. — Charming Shoppes is making it easier than ever for women to design and share their favorite looks. On the heels of the successful launch of their new fit and style technology, Fashion Genius, Lane Bryant and its sister brands Catherines, Fashion Bug and Sonsi have further enabled the customer's shopping experience by enabling women to build personalized outfits based on their Fashion Genius fit and style profile, share their outfit creations across their preferred social network and vote for their favorite customer created looks.