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OPERATIONS / SUPPLY CHAIN

  • IBM: Cyber Monday online spending surges 33%

    New York City -- Online sales on Cyber Monday were up 33% over 2010, with shopping peaks occurring at 2:05 p.m. EST, according to IBM’s fourth annual Cyber Monday Benchmark study. The average ticket increased 2.6% to $198.26, compared with $193.24 last year.

    Among other key Cyber Monday Benchmark findings:

  • Sheetz teams with Actian for data analytics

    Redwood City, Calif. -- Actian Corp. said Tuesday that c-store chain Sheetz has selected its Vectorwise data analytics engine to optimize costs, maintain high quality and ensure a positive customer experience.

    “Data growth is occurring at record rates,” said Jarrid Magalich, technical services manager at Sheetz. “It’s important for Sheetz to have a plan to manage this growth, maintain and improve current service levels – even with a growing user base – and reduce infrastructure costs wherever possible.”

  • IBM: Cyber Monday off to strong start

    New York City -- Online sales on Cyber Monday were up mid-afternoon by 15% from a year ago, according to IBM Benchmark.

    In other mid-afternoon results, IBM reported:

    • The number of consumers using a mobile device to visit a retailer's site is 12.4%.
    • The number of consumers using their mobile device to make a purchase is at 7.37%; and
    • iPhone continues to lead all mobile device traffic at 4.88%, followed by Android at 3.9% and iPad at 3.26%.
  • Target to donate $5 million to local schools

    Minneapolis -- Target will donate $5 million to local schools nationwide as part of the company's commitment to give $1 billion for education by the end of 2015.

    Target has teamed up with "The Ellen DeGeneres Show" and its viewers to select 50 schools in need to receive a $100,000 grant. Viewers are encouraged to submit the name of a school that needs help, along with a compelling story that explains why the school should receive a grant, to "The Ellen DeGeneres Show.”

  • Family Dollar gets the Walmart treatment

    New York City -- Family Dollar hasn’t faced much community opposition during an ambitious decade-long expansion program that has left the company with roughly 7,000 stores in 45 states. However, there is a first time for everything and residents in the North Carolina community of Carrboro are pushing back against the retailer’s efforts to open a new store.

  • Online comparison site yields top product insights

    Holiday shoppers were hunting for big screen televisions, LeapFrogs, Angry Birds and anything with an “i” in its name this weekend, according to an analysis of online search behavior conducted by the price comparison website PriceGrabber.com.

    According to the firm’s Holiday Dashboard Report, as of Friday morning the top searched Black Friday products included items in some of the most frequently promoted categories such as electronics and toys. The top searched products, according to PriceGrabber, included the following:

  • Target appoints digital head

    Minneapolis -- Target Corp. has promoted Casey Carl to the new position of president of multichannel, and to senior VP, merchandising, effective immediately.

    Carl, 36, who joined Target in 1997, and most recently served as senior VP hardlines and as a co-lead on Target’s multichannel steering committee.

    In his new role, he will oversee Target's mobile, social and Target.com and continue to lead the company's entertainment, toys, sporting goods and electronics business.

  • Aeropostale appoints Starbucks exec to board

    New York City -- Aeropostale announced that Arthur Rubinfeld, president - global development for Starbucks Coffee Co., has been appointed to the Aeropostale board of directors.

    Rubinfeld helped build the foundation of Starbucks as senior VP real estate from 1992 to 2002, and returned to the company in his current position in 2008.
     

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