January 30, 2019

Retail Round-Up: Out-of-Stocks: Problems & Solutions

Retail Woes: Out-of-Stocks We can all agree that retail business is a highly competitive sector, and that it’s imperative to make sure that your product is on the shelf when the customer is shopping for it. But for many brands, the problem of out-of-stocks (OOS) persists; in fact, a 2018 retail study revealed that the… Read more »

January 30, 2019

What’s Next for Beauty and Omnichannel Retail

In sync with Bloomingdale’s debut this month of a revamped cosmetics floor at its 59th Street flagship, with 75 new brands and 1,100 square feet of additional retail space, the heritage retailer made a modest but interesting investment in its new “Beauty Stylists” program. The purpose? For Bloomingdale’s to further establish an omnichannel beauty experience,… Read more »

January 30, 2019

Calculating Sell-Through

What is sell-through? Sell-through is a metric for vendors to use in evaluating item performance which provides a composite measure of sales and inventory. Sell-through rates are typically evaluated daily for fast-moving products or weekly for slower-moving or replenishment-based products.  A higher value is better, indicating your sales velocity is good and your inventory is… Read more »

January 25, 2019

Lowe’s Becomes NFL Official Sponsor

January 22, 2019 Lowe’s has reached a massive deal with the National Football League that makes it the league’s official home-improvement retail sponsor. The exclusive multiyear partnership will give Lowe’s branding rights and marketing opportunities at key events including the Super Bowl, the NFL draft, and the NFL combine, Lowe’s announced Tuesday. Financial details of… Read more »

January 25, 2019

NRF: Retailers Ramp Up Investment in Intelligent Automation

NRF’s Katherine Cullen (moderator), IBM’s Luq Niazi, Zulily’s Bindu Thota and Intriosity’s Jeff Donaldson. Mark Mathews, VP, Research Development and Industry Analysis January 24, 2019 For most consumers, the shopping experience is a lot different than it was a dozen years ago. That’s when Apple released the first iPhone. Now smartphones are ubiquitous, and they’ve had… Read more »

January 25, 2019

POS Data Analysis: A Crash Course

Think that your Point-of-Sale (POS) System is ‘just a cash register’ that doesn’t contribute to driving innovation in your business? That is a HUGE myth. But you’re not alone. Perhaps you’ve yet to discover all the ways to leverage your POS data; if that’s the case, your business has been missing out in so many… Read more »

January 25, 2019

The Future of Retail Forecasting: Quality over Quantity in 2019

Work Smarter In 2019, even the most traditional retailers are realizing that the key to a successful retail strategy in today’s market is the collection, analysis and implementation of data. When we talk about data, we’re not saying that you should be amassing every last bit you can get your hands on – we’re talking… Read more »

December 18, 2018

Accelerated Analytics’ Home Depot Customers Win in Q3

Accelerated Analytics customers who sell into Home Depot once again outpaced results for year over year US comp sales. Home Depot reported a 5.4% increase in year over year US sales comps for the quarter, as part of 5.1% overall sales increase over Q3 2017. Accelerated Analytics customers grew an average of 5.9%, topping The… Read more »

November 5, 2018

Help Tampa Children Fighting Cancer and Spending Holidays in the Hospital

  The Sadie Keller Foundation collects thousands of toy gifts to share with these special children every year. An Amazon gift wish list specifically for Tampa children can be clicked HERE. Please consider purchasing toys and helping to make their holiday special. Sadie’s goal is 1000 toys in Tampa! Watch Sadie’s video to learn more… Read more »

October 3, 2018

The Home Depot Continues Quest for “Frictionless Shopping” for Customers

Recognizing the need for a strong customer-first digital shopping experience, The Home Depot developed a digital strategy in 2015, and is still making this a primary focus for the DIY retailer. Nearly half of their online orders are picked up in store, whether the order came from do-it-yourself consumers or professional customers. “We’re very passionate… Read more »