A lot of merchants commonly mix up operating expenses and capital expenses. While the two relate in some areas, these two represent totally different things. An operating expense (OPEX) is an expense required for the day-to-day functioning of a business. On the other hand, a capital expense (CAPEX) is an expense a business incurs to... Read more »
For customers using Accelerated Analytics for daily Dillard’s reporting exclusively, we have report upgrades coming soon! These upgrades are based on customer feedback and requests. In order to remain the most robust Dillard’s reporting tool on the market, Accelerated Analytics will be implementing the following upgrades. Upgrades include updating the source of descriptions of style,… Read more »
Following the February 2018 announcement that The Sherwin-Williams Company, Consumer Brands Group would become the sole nationwide supplier to Lowe’s US stores, today the DIY retailer announced a new line of Valspar exterior stain products. The Valspar stain will come in 50 colors and is offered exclusively at Lowe’s stores and on Lowes.com. The… Read more »
A few months ago, The Home Depot announced purchasing The Company Store to expand its online assortment of home décor items. This was just the start of an organized expansion into this category for the DIY retailer. In an email to customers this week and on its web site, Home Depot announced, “Your favorite home… Read more »
As retail looks to the remainder of the 2018 year, several trends are emerging as most popular among chains. Analysts predict 2018 to continue to be a good year for retail and these trends are contributing to the sector’s success. The beauty industry continues to strive for innovative experiences in stores for its customers, whether… Read more »
HOME DEPOT SALES GREW 4.2% in Q1. This was lower than analysts’ expectations, primarily due to gardening supply sales dropping in March and April due to cool weather. However, the other departments for the retailer performed ahead of expectations and showed high growth over last year. Online orders were 6.7% of Home Depot’s total sales… 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 »
The Home Depot announced its Q4 ’17 performance was at 7.6% growth over Q4 ’16, posting a revenue of $23.9 billion. This outperformed analysts’ expectations by 0.8%. At the end of Q4 ’17 the home improvement retailer operated 2,284 stores versus 2,278 in Q4 ’16, an addition of 6 stores. Same store comparisons show a… Read more »