January 3, 2018

The Top 5 Retail POS Reports in 2017

Whether they sell lighting fixtures or lip gloss, our customers understand the power of leveraging retail POS data to gain valuable insights into their business. And while the go-to reports for a planning executive for a cosmetics company might be different from the reports that a hardware store field rep relies on each day, there… Read more »

December 27, 2017

Christmas Cheer Felt by Retailers This Holiday Season

With consumer confidence currently at a 17-year high (as reported in the December edition of our Retail Industry Briefing Book) it makes sense that holiday retail sales in the U.S. rose at their best pace since 2011, according to Mastercard SpendingPulse, which tracks both online and in-store spending. Excluding automobiles, sales rose 4.9% from Nov.… Read more »

December 14, 2017

The Home Depot’s Investments Have Paid Off

At its investor day last week, The Home Depot commented on their successful investment strategies over the past decade, and the results in sales growth that they attribute to those efforts. The retailer has invested 5% every year to its ecommerce platform and improving current stores versus opening new ones. This has resulted in more… Read more »

December 13, 2017

The 12 Days of Christmas with Accelerated Analytics

On the first day of Christmas, Accelerated gave to me, a portal with all my retail data! On the second day of Christmas Accelerated gave to me, 2 days free from spreadsheets, On the third day of Christmas Accelerated gave to me, 3 clicks to run reports, On the fourth day of Christmas Accelerated gave… Read more »

December 11, 2017

POS Reporting Tools Being Used by Luxury Brands

Luxury brands are constantly struggling with department stores’ need to markdown their merchandise, which hurts the prestige and high value of their brand. Over this Christmas season, brands such as Ralph Lauren, Michael Kors and Kate Spade are watching sales and inventory levels very closely each week. When possible, retailers are even monitoring daily, looking… Read more »

December 7, 2017

You Can Have Your Retail Cake and Eat it Too

As retailers strive to create experiences for their customers in their brick and mortar stores, providing an eating outlet is becoming more and more the norm. The concept is not old: Macy’s opened its first restaurant inside a department store back in 1907. Nordstrom has cafes in all of its stores, and have now expanded… Read more »

December 5, 2017

Accelerated Analytics Beauty Customers Make the Allure “19 Best Holiday Gift Ideas for the Beauty Obsessed in 2017” List

Allure Magazine kicked off the holiday season by announcing its top 19 beauty gift ideas. Out of the thousands of possible gifts, many standouts are products from Accelerated Analytics beauty customers. These brands utilize the sales and inventory reports provided by Accelerated to drive their business through their retail accounts and manage the day to… Read more »

November 28, 2017

2017: Year of the Retail Apocalypse

The year 2017 is being talked about as the “year of the retail apocalypse”. Over 3000 companies have filed for bankruptcy, and 20 big retailers have or are about to close hundreds of brick and mortar stores in the US. With the big holiday weekend of Thanksgiving/Black Friday and Cyber Monday behind us, consumers are… Read more »

November 27, 2017

How is Holiday Shopping Season Going for Retailers?

The National Retail Federation (NRF) predicts this year’s holiday retail sales to increase by 3-4% over last year, which saw sales reach $655.8 billion. The holiday season of Thanksgiving/Black Friday and Cyber Monday through Christmas accounts for 30-40% of total retail sales for the year. Retail expert Jan Kniffen told CNBC this weekend that online… Read more »

November 20, 2017

Walmart Announces Huge Wins in Q3

Walmart announced its third quarter results, which exceeded economic estimates. They reported online sales growth of 50%, and total revenue rising 4.2% to $123.2 billion, versus estimates of $121 billion. Walmart US rose to $77.7 billion, and same store growth over last year increased 2.7%, which was Walmart’s 13th consecutive quarterly increase. Based on Q3’s… Read more »