Data & Analytics

Charlotte, N.C. -- Analytic data solution-provider Terradata said Thursday that Belk has selected multiple Teradata Data Warehouse Appliances and the Teradata Retail Logical Data Model to build a new integrated database-driven analytics environment.

Conshohocken, Pa. -- Ikea said Thursday it plans to install solar energy panels on five more of its U.S. locations – all of them in the Midwest. Installation is slated for summer 2012 completion and will expand Ikea’s solar presence to nearly 85% of its U.S. locations. 

New York City -- In  response to Columbia Sportswear Co.’s desire to reduce its PCI scope for its retail locations by minimizing or eliminating the need to store any payment data on its network environment, payment processing and security vendors, Equinox Payments Voltage Security, and Merchant Link have collaborated to create a reliable, cloud-based payment solution to protect sensitive point-of-sale payment data.

Minneapolis -- Supervalu Inc.'s fiscal third-quarter loss widened on larger write-down’s and weaker sales. The company reported a net loss of $750 million, including non-cash goodwill and intangible asset impairment charges of $800 million after-tax, from a loss of $202 million a year ago.

Supervalu said same-store sales fell 2.9% in the latest quarter. Net sales fell 4% to $8.33 billion, below analysts' average forecast of $8.42 billion.

INDIANAPOLIS — Electronics retailer Hhgregg announced that it has lowered its third-quarter forecast, reflecting weakness in the video category.

The company said that fiscal third quarter comparable-store sales are estimated to have increased 3.9%, with the video category expected to have decreased 4.8%, the appliance category expected to have increased 6.8%, the home office category expected to have increased 91.4% and the other category expected to have decreased 7.1%. 

New York City -- Kohl's is the recipient of the People’s Pick award in The Harris Poll Customer Relationship Series, conducted by Harris Interactive. The award cognizes the strength of consumers' bonds with mid-tier department stores and reflects the customers' connections and future intentions.

Atlanta -- Dollar volume growth on cards overall was a healthy 6.9%  in December, according to First Data Corporation’s First Data SpendTrend analysis for the full month of December 2011 compared to December 2010. SpendTrend tracks same-store consumer spending by credit, signature debit, PIN debit, EBT cards and checks at U.S. merchant locations.

However, strong auto sales, driven by low interest rates, likely diverted consumer spending to car sales from other retail areas, the report said. Auto sales are not captured in SpendTrend figures.

Roswell, Ga. -- PGA Tour Superstore plans to open a 60,000-sq.-ft. store in the Chicago area in late spring 2012, followed by an additional location in the area later in the year. The two Chicago metro stores will be the company’s first locations in the Midwest.

The first store will be located in Schaumburg at the site of the former Great Indoors store at Golf Road and Meacham Road near Woodfield Mall, the largest mall in Chicagoland. The location of the second store will be announced at a later date.