Tag: POS Analytics

New Concept Store, Nordstrom Local, Opens Next Month

Nordstrom Local New Concept Store

Next month will see the opening of Nordstrom’s new concept store, Nordstrom Local. The store will open October 3 in West Hollywood, CA and will be only 3,000 square feet, versus its traditional store size of 140,000 square feet. Nordstrom Local is the company’s latest retail concept and neighborhood hub where customers can shop and access Nordstrom services in a convenient, central location. Nordstrom is continuing to open traditional sized stores, including one in Toronto this week. Shoppers at Nordstrom Local will be able to enjoy services such as manicures and tailoring. The store will have 8 dressing rooms, where customers can try on clothes and accessories that will be retrieved by personal shoppers from 9 traditional Nordstrom stores in the area. The stylists can also pull together products through a style board app. Shoppers can go online and pre-select products to try on during their appointment, or trust the personal stylist to select items for them. A café will also be in the store with wine, beer, coffee and juice. Says Nordstrom’s senior VP of customer experience, “Shopping today may not always mean going to a store and looking at a vast amount of inventory.”

Souce: Wall Street Journal

Accelerated Analytics Customers Crush TY/LY Comps at The Home Depot

Last Year Reports for Home Depot Customers

Accelerated Analytics customers who sell their products at The Home Depot saw their second quarter comp sales increase 11% over last year! That’s nearly double the results reported by The Home Depot when they recently released their second quarter results. In a blog post on August 15th, we shared The Home Depot’s Q2 results which included reported sales of $28.11 billion for the second quarter of fiscal 2017, the highest quarterly revenue in the company’s history. Comparable store sales for the second quarter of fiscal 2017 were positive 6.6 percent.

DIY, Home and Hardware vendors count on Accelerated Analytics to provide an expert reporting solution that empowers their sales, marketing and store operations teams. Our product and store level analytics provides the insights needed to exceed sales goals, increase orders to fully stock their shelves, test plan-o-gram efficiencies, and prepare for line reviews.

Our customers truly are winning at retail because we understand the home improvement retail business inside and out and provide a solution that is specifically targeted to, and designed for, a DIY vendor.