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retail

Latest Headlines

Latest Headlines

What retail CIOs need: Predictive analytics

Mobile data is huge because of the rise in useage, leaving CIOs with a wealth of information they can use to help better understand customers and increase sales. Here are some of the benefits of predictive analytics taken from mobile data.

News Scan: Send in your Fierce15 nominations now; Specialized IT jobs in high demand; More

The top news stories for Sept. 17, 2014.

Stitch Labs data finds retailers get 10% revenue boost with free shipping

Stitch Labs, an inventory and multichannel selling platform for retailers and wholesalers, revealed findings that indicate a potential 10 percent increase in revenue when companies provide free shipping to customers.

Big data aids retailers with inventory planning

Big data is helping retailers to better stock their stores, using state apparel size averages, rather than the national average, to dictate inventory. 

Brick-and-mortar retailers fight back with real-time analytics

Two statistics tell a sad (or scary) tale for retail stores. Foot traffic was down 13 percent this holiday season and online spending rose 10 percent, according to sources.

Big data changes in big box stores

Retailing has operated in pretty much the same way since shopkeepers figured out how to leverage in-store credit, point of purchase displays, endcaps, and loss leaders. But now big data is pulverizing the traditional retail model, particularly in big box stores. Competitors who don't use big data are left to deal with the dust and rubble as best they can. 

Gamification meets big data FTW

Gamification is about a lot of things but it's not about games. Essentially, it is an innovative and interactive way to engage customers and drive their behaviors which is why it is the darling of retail. But when it's married to big data, gamification gets really interesting.

Wal-Mart doubles down, acquires predictive intelligence tool maker Inkiru

Retailers continue to be aggressive about data analytics. This week, Walmart--actually its Silicon Valley-based "innovation lab" @WalmartLabs--announced that it is acquiring predictive analytics software vendor Inkiru, as reported on  TechCrunch.

Focus on the decisions, not the data (duh!)

The shortest route to big data failure: Fascination with the tools instead of the business problem to be solved.

Loop simplifies customer survey process using iPad app

Startup Loop's app enables enterprises to conduct immediate surveys using an iPad, according to a report by TechCrunch.