Data & Analytics

Redmond, Wash. -- Microsoft Corp. announced Monday that Target Corp. is running business-critical workloads for all its retail stores on 15,000 virtual machines using Microsoft virtualization and management technologies, giving its IT department greater agility and economies of scale. Target has virtualized inventory, point-of-sale, supply chain management, asset protection, in-store digital media and more on Windows Server 2008 R2 Hyper-V and Microsoft System Center.

Consumers today are smarter and savvier than ever. Over the past decade, the continually growing use of the Internet has made it easier and faster to comparison shop. During the “Great Recession,” shoppers learned to lean even more heavily on the Web to do research and find good deals. Now, as the economy recovers, these sharp consumers are not about to go back to their old ways. In addition, future technology advances will only make it easier for consumers to comparison shop. So what’s a retailer to do?

New York City -- Tiffany & Co. said fourth-quarter earnings rose 29% as net sales jumped 12% to $1.1 billion. The company earned $181.2 million in the quarter compared with $140.4 million in the year-ago period. The latest quarter includes from the pending relocation of Tiffany's New York headquarters staff.

For the full year, worldwide net sales increased 14% to $3.1 billion. Net earnings from continuing operations rose 39% to $368.4 million.

Sam’s Club has installed multiple self-checkout lanes at its club in Bentonville as part of a test that is reportedly limited to three clubs. At the Bentonville location, the two self-checkout lanes are easily identified with a large triangular overhead sign that says, “Self Checkout” Additional signs at the entry to the checkout lane call out the payment process with the words, “scan, pay, go.” Nearby, two additional self-checkout payment terminals are positioned on opposite sides of a table for shoppers with smaller purchases.

HUDSON, Ohio -- Jo-Ann Stores announced that its shareholders approved the adoption of the merger agreement between an affiliate of Leonard Green & Partners, L.P. and the company. Of the shares that were voted, over 99% were in favor of the adoption of the merger agreement. Approximately 82% of the total outstanding shares, as of the record date, voted in favor of the merger agreement. The company anticipates the closing of the transactions contemplated by the merger agreement, including the merger, will occur later today.

A first of its kind conference focused on shopper behavior is scheduled for May 12 in Fayetteville, Ark., home of the Center for Retailing Excellence within the Sam M. Walton College of Business at the University of Arkansas. The conference is called SHOP and features a number of thought leaders in the field of consumer research and shopper insights and was designed to complement the Center’s Emerging Trends in Retailing Conference that is held each fall.

NEW YORK — After Apple began giving consumers the option to receive paperless receipts, it seems that other retailers are following suit, according to published reports.

BENTONVILLE, Ark. -- Walmart announced it has eliminated more than 80% of the waste that would go to landfills from its operations in California by implementing a comprehensive waste reduction program. The results far exceed national average where EPA estimates only 45% of waste is diverted from landfills and the California rate of 65%.

The program is now being rolled out across the chain’s 4,400 stores, Sam’s Club locations and distribution centers in the United States, moving the retailer closer to its global goal of creating zero waste.