Why Out-of-stocks, Data Mismatch, and Hidden Demand Still Catch Out Beauty Brands When beauty brands review retail performance, the picture often looks reassuring. Availability appears high. Sales reports feel complete. Forecasts are built on what was sold. But our conversations with brands working directly with Ulta and Sephora reveal a more complicated reality. One where... Read more »
Accelerated Analytics awarded its third and final 2018 INNOVATION AWARD to General Merchandise and Apparel category winner, Vera Bradley. Accelerated Analytics CEO, Chad Symens, and Director of Sales and Marketing, Jen Freyer, presented the award to Shequeita Orr, Vera Bradley’s Director of Sales and Business Planning, in their NYC showroom. The Vera Bradley team uses… Read more »
Accelerated Analytics is excited to officially announce the first of its three 2018 INNOVATION AWARD winners is W.M. Barr. W.M. Barr has been a customer of Accelerated Analytics for 10 years, utilizing best practice POS reporting to manage their business at The Home Depot. Accelerated Analytics awarded W.M. Barr this honor in the DIY, Home… Read more »
Congratulations to our customers working with The Home Depot! Last month, THD released it’s Q4 performance, reporting 7.5% growth in sales over the same period prior year. During the same period, our THD customers more than doubled that pace, posting a collective 16.3% increase in sales over the prior year. Long term sales growth guidance… Read more »
Accelerated Analytics is growing quickly, and we are looking for bright, energetic and dynamic people to join our team! We currently have open positions across all areas of our organization: * Recruiter * Inside Sales Representative * Marketing Specialist * Microsoft SQL Database Engineer * Project Manager * Business Analyst * Receptionist Check out our… Read more »
Reliance Worldwide Corporation was presented with the Spark Award at the Suppliers Reception held on Sunday, January 7, 2018 at The New American Home® in Orlando, Florida, prior to the opening of the International Builders Show®. RWC recently joined Accelerated Analytics family of customers in the DIY, home and hardware retail segment, to process their… Read more »
Lowe’s announced today that CEO, Robert Niblock, will be retiring after 25 years with the home improvement retailer. Mr. Niblock will retain his position as chairman, president and CEO until the board selects his replacement. He became CEO in 2005 and was in charge of the $2.4 billion acquisition of Canadian retailer Rona, Inc. “As… Read more »
The National Association of Realtors announced Wednesday that previously owned home sales in February grew 3% over the previous month. Sales versus February of last year were up 1.1%. This comes after a two month drop in sales in January and December. The change in February eases concerns that the housing market had peaked. However,… Read more »
February was a huge month for retail employment, seeing an increase of over 46,000 new jobs over January. This was four times greater than the amount of jobs added in January over December. General merchandise stores were up by 17,700 jobs. Clothing and accessory stores were up 14,900, and building materials stores added 10,300 jobs.… Read more »
L’Oreal, who utilizes Accelerated Analytics for its retailer point of sale data collection and harmonization for the majority of its US Luxe division retailers, revealed its 2017 results this week. Chairman and CEO, Jean-Paul Agon, spoke at a financial analysts’ meeting with specific results. In the final quarter of the fiscal 2017 year, sales were… Read more »
The week of February 4 through February 10 kicked off the new 4-5-4 retail calendar year. 2017 ended with a 53rd week, which occurs every 4 years. Retailers reported $3.53 trillion in sales for 2017, up 3.9% over 2016. Retail industry experts are expecting this new 2018 retail year to do well. The NRF (National… Read more »
