Blogs, guides, reports and news articles all in one place
Do You Really Know How Your Products Are Performing?
04 Apr, 2017 • Helen Thomas
Suppliers count it as a win when they place a product line with a major DIY chain like Home Depot or Lowes. But understanding the details of how your products are selling can enable you to maximize your efforts and make the most of the typically slim margins you’re able to negotiate. The good news... Read more »
Accelerated Analytics Customer Coty Enters Strategic Partnership with Burberry
03 Apr, 2017 • Helen Thomas
According to a press release issued today, Accelerated Analytics Customer Coty Inc. (NYSE: COTY) has entered into an agreement to acquire the long-term global license rights for Burberry Beauty luxury fragrances, cosmetics and skincare. Under the agreement, Coty will develop, manufacture and distribute the full range of Burberry Beauty products globally. The exclusive agreement will... Read more »
A Better Method for Evaluating Store Performance
22 Mar, 2017 • Chad Symens
Last week I had an interesting discussion with my team about a customer whose focus is on improving store performance at their retail customers in 2017. This customer is well represented with their entire product line at all doors at their key accounts, so they want to ensure each door is producing the maximum number... Read more »
JC Penney to Close 138 Stores in June. What’s the Impact on Sephora Inside JC Penney?
20 Mar, 2017 • Helen Thomas
JC Penney announced it will be closing 138 stores and a supply chain facility in Lakeland, FL. The retailer explained the closings were strategically chosen to cut costs in order to focus growing sales at its best-performing locations. Texas and Minnesota were the hardest hit, with 9 and 8 store closures, respectively. “We believe closing... Read more »
Small Business Optimism Remains Near Record High
17 Mar, 2017 • Helen Thomas
Each month as our team researches and compiles the Retail Industry Briefing Book, different facts and figures stand out, and we inevitably notice trends and patterns in the data we report. Notable this month was the number of macro-economic indexes that are currently on an upward trend, and the 90-day temperature outlook, which was certainly... Read more »
Reducing Out of Stocks
14 Mar, 2017 • Chad Symens
Probably three of the ugliest words for a retailer or vendor are — out of stock. Each and every time an out of stock (OOS) occurs, the retailer, vendor, and consumer lose. Revenues and profitability go down, and consumer frustration rises. This is not a newsflash; it’s easy to find a wealth of OOS research... Read more »
Data-Driven Series: Know Your Customer Type
06 Mar, 2017 • Chad Symens
Both The Home Depot and Lowe’s continue to focus on the “Pro” customer as the key growth driver for sales. In the case of The Home Depot, there are some interesting store attributes available to vendors, which The Home Depot uses as store descriptors. Last week, I was working with one of our customers who... Read more »
DATA-DRIVEN Series: What You Can Learn From Your Average Retail Selling Price
27 Feb, 2017 • Chad Symens
Last week, I had the opportunity to work with two different customers analyzing their sales at The Home Depot. One sells products in the paint department and the other sells into the building materials department. The analysis goal for both customer projects was to deconstruct their YTD sales and identify the factors contributing to higher... Read more »
What’s New in Digital and Social Media for Beauty?
10 Feb, 2017 • Helen Thomas
At Accelerated Analytics, I work with over 20 beauty brands to supply key reports and analysis of how their products are performing at their retail stores. Our expertise, based on years of working with beauty retailers like Dillard’s, Ulta, Sephora and Nordstrom, help account executives, planners and sales reps to track sales to goals, store... Read more »