Accelerated Analytics is thrilled to announce that we have been named a finalist for Best Technology Solution Provider in the 2024 BeautyMatter NEXT Awards. This recognition is a testament to our dedication to innovation, excellence, and leadership within the beauty industry. “With everything we do, our first goal is how we bring value. The NEXT... Read more »
Canadian Tire is three years into a total digital transformation that includes investments in agile technology solutions to advance its digital strategy, improve store operations and digitally power customer and employee interactions. It is opening a new facility, “Digital Garage” in Waterloo, Ontario. This innovation lab will give the company’s top digital innovators an opportunity… Read more »
Accelerated Analytics was proud to visit Swarovski’s flagship store in Las Vegas this week. Swarovski is a customer of Accelerated Analytics, obtaining POS sales and inventory data and analytics for its retailer partners. Analytics include sales and inventory levels, out of stock, sales to stock ratios, sell thru percent and more. Accelerated Analytics was in… Read more »
A new report from Branding Brand’s Mobile Commerce Index released Wednesday indicates that revenue from shoppers on smartphones rose 73% over last year. In April 2015, smartphone revenue accounted for 13% of total online revenue, which represents a 63% year-over-year increase. Identifying retail trends for 50 US mobile websites, smartphone conversion increased 31% since April… Read more »
Based on overwhelmingly positive shopper response to its store pickup for online orders service, Kohl’s is rolling out the service to all of its 1,164 stores in the US. The service allows shoppers to pick up in store within hours of placing an order online. Kohl’s piloted the service at more than 100 stores in… Read more »
As Americans increased their borrowing in March, retailers hope this will result in increased sales. For retail planners of major supply chains, a big question is whether consumers will come back to the stores or get back to buying by going online. Online commerce is far outpacing storefront sales around the world, creating competition for… Read more »
Nordstrom is piloting a new service for customers in several US stores, including at its flagship store in downtown Seattle. The service gives customers the ability to text or call the store ahead of time and a store associate will be waiting on the curb with their products when the customer arrives. Nordstrom has allowed… Read more »
The Conference Board’s Consumer Confidence Index for April came in at 95.2. Expectations were to see an increase to 102.2 over March’s index of 101.3. March was very high, beating the consensus forecast of 96.4. Lynn Franco, Director of Economic Indicators at the Conference Board, said in the release: “This month’s retreat was prompted by a… Read more »
Starting May 1, J.C.Penney Co. Inc. is expanding its in-store partnership with Sephora, introducing Sephora to 25 additional J.C. Penney stores. Since the exclusive partnership began in 2006, more than 500 J.C. Penney stores feature a full-service Sephora offering. In addition to these openings, J.C. Penney will expand its square footage of Sephora inside 6… Read more »
The National Association of Realtors announced its pending home sales index, which measures contract signings for purchases of previously owned homes, increased 1.1% to a level of 108.6 in March, up from 107.4 in February. The Wall Street Journal surveyed economists who predicted the increase. The index rose 11.1% in March from the previous year.… Read more »
Demographic trends firmly favor small luxuries, according to a report from Bank of America Merrill Lynch. Vanity capital is globally at $3.7 trillion, with expectations to grow to $4.5 trillion by 208. Typical products range from cosmetics and smartphones, to fitness wear and health foods. They also include high end products like art, cars and… Read more »
