Posts filed under “Retail”
It appears to be anonymous, although I doubt it will stay that way:
Big Data Hits Real Life
July 14, 2013By Erica Berenstein
Brick-and-mortar stores are looking for a chance to catch up with their online competitors by using software that allows them to watch customers as they shop, and gather data about their behavior.
• Reuters – U.S. retailers scramble after lackluster holiday sales The 2012 holiday season may have been the worst for retailers since the 2008 financial crisis, with sales growth far below expectations, forcing many to offer massive post-Christmas discounts in hopes of shedding excess inventory. While chains like Wal-Mart Stores Inc and Gap Inc are…Read More
We are still weeks away until we get all of the hard data about the holiday retail sales season, but the early numbers are trickling in. It appears that it was not a very merry Shopmas. We certainly did not see the 13% the National Retail Federation claimed was occurring this season. Some of the…Read More
“Sales at stores open at least a year declined in November at major American store chains, including Macy’s, Nordstrom, Kohl’s and Target, sending a shiver through the retail world Thursday. The reporting period included Thanksgiving and Black Friday, the official kickoff of the critical holiday shopping season. Early reports regarding those days had been mixed,…Read More