News

London – The Dynamic Action retail decision intelligence application from OrderDynamics now incorporates offline and online store data to provide a comprehensive omni-channel view of products, customers, channels and marketing. The OrderDynamics commerce suite, with Dynamic Action’s newest capabilities at the core, identifies opportunities for retailers to achieve this type of omni-channel functionality:

• Re-allocation of stock between stores and warehouses.

Ottawa, Canada – Price intelligence technology provider 360pi, is collaborating and integrating with IBM to facilitate more automated and dynamic pricing for joint customers. The resulting solution leverages 360pi’s real-time price intelligence for exact and “like” products within IBM’s cloud-based omnichannel pricing platform.

Los Angeles - Mobile shopping app provider Ibotta Inc. has partnered with Roximity, a provider of location-based mobile technology to deliver iBeacon-based mobile messages to shoppers within store aisles across the U.S. Roximity will enhance Ibotta’s ability to engage millions of shoppers, by providing detailed and relevant information about leading consumer products and rebates available to them in stores, while they shop.

By R.J. Carver, Corporate Development Associate, Plug and Play Tech Center

Deerfield, Ill. – Walgreen Co. met Wall Street expectations for the fourth quarter of fiscal 2014 despite swinging to a loss. Walgreens posted a net loss of $239 million, largely driven by an accounting charge from its Alliance-Boots acquisition, compared to net earnings of $657 million in the same period a year earlier.

Walgreens recorded a non-cash loss of $866 million in the quarter that ended Aug. 31 because it decided to exercise early its option to buy the remaining stake of Alliance-Boots that it did not already own.

Bentonville, Ark. – Wal-Mart Stores Inc. is reportedly claiming that comedian Tracy Morgan was not wearing a seat belt when a truck driven by one of its drivers struck a vehicle Morgan was traveling in on the New Jersey Turnpike on June 7, critically injuring Morgan and killing one of his fellow passengers. According to Bloomberg, Wal-Mart said Morgan is partially or fully to blame for his injuries in a filing in federal court in Trenton, New Jersey.

Evansville, Ind. – Shoe Carnival Inc. has partnered with EBay Enterprise to implement a new omnichannel operational foundation based on EBay Enterprise modular solutions, including retail order management, payments, fraud protection, ship-from-store, and customer care. The integrated technology and services will provide a secure engine to accept payments, drive down fraud rates and consolidate inventory across many of Shoe Carnival’s stores to increase product assortment, while lowering fulfillment transit time and expense.

Evansville, Ind. – Shoe Carnival Inc. has partnered with EBay Enterprise to implement a new omnichannel operational foundation based on EBay Enterprise modular solutions, including retail order management, payments, fraud protection, ship-from-store, and customer care. The integrated technology and services will provide a secure engine to accept payments, drive down fraud rates and consolidate inventory across many of Shoe Carnival’s stores to increase product assortment, while lowering fulfillment transit time and expense.

San Jose, Calif. – eBay Inc. is reversing course on its previous decision to keep its fast-growing online payments business PayPal as part of the company, and is instead spinning the unit off as a separate publicly traded company. The decision will generate $180 million for activist investor Carl Icahn, who attempted to force eBay to spin off PayPal in a public dispute earlier this year. It comes as the payments sector is heating up and generating increased interest as Apple gets set to launch its Apple Pay mobile payments service.

Hibbett Sports has promoted Jared Briskin to SVP and chief merchant. Briskin replaces Rebecca Jones, who left the company this week.