IT Strategy/Industry

Latest Headlines

Latest Headlines

Price Chopper deploys cloud-based loss prevention program

Price Chopper said it will implement the 20/20 cloud-based exception reporting solution from Agilence, according to  Progressive Grocer. The exception reporting solution provides store-level insights. The retailer formerly had a retail loss prevention and operations legacy exception platform. "We were looking for a tool that was very easy to use, while being powerful enough to handle our complex reports and queries," said Scott Ziter, director of security." Price Chopper's parent company is The Golub Corp.

Target, Whole Foods pilot customer loyalty programs

Better late than never? Target and Whole Foods are testing customer loyalty programs. Observers think the timing may be off for Target, which would add more customer data at a time when its image is still recovering from the major data breach it suffered a little over a year ago. 

How will IoT benefit retailers?

While the term the 'Internet of Things' leaves the average person befuddled, it represents the latest frontier in leveraging data and analytics to better fuel business performance, according to Gib Bassett, CPG and retail industry principal, Oracle Corp., writing in that company's blog.

On the Hot Seat: BCBG's VP of Omnichannel, Alex Golshan

Design house and retailer BCBGMaxazria had several brands, more than 700 stores and supplies goods to department stores including Bloomingdales, Macy's and Nordstrom. But while resources had been allocated toward growing the brand, omnichannel initiatives had lagged behind.

Family Dollar looks to cloud to boost efficiency

Family Dollar Stores has licensed technology from a cloud management company designed to improve business responsiveness, operational efficiency and cost competitiveness. In a three-year agreement, Family Dollar has licensed Cloud360, Cognizant's proprietary enterprise-class cloud management platform from Cognizant developed on Amazon Web Services for its portal applications. This is helping the retailer improve operational performance and cost competitiveness, according to a Cognizant press release. Family Dollar has over 8,000 stores in 46 states. Cloud360 is one of Cognizant's BusinessCloud solutions, a suite of ready-to-deploy, on-demand business and IT solutions. It provides an on-demand service experience and a single consolidated management console to provision, monitor, analyze and optimize diverse cloud operations, the vendor said.

Sears hires Amazon execs for new engineering office

Sears is recruiting engineers for a new software development office in Seattle, and it started by hiring a group of former Amazon executives. The new office will lead an effort to upgrade the technology and user experience for the Sears Home Services business, GeekWire reported. It also will be involved in Sears' Internet of Things initiatives.

Get ready for old coupon barcode retirement

The Joint Industry Coupon Committee is advising retailers to prepare for the imminent retirement of the UPC Prefix 5 barcode from manufacturer coupons.

Overstock to create original streaming content

Retail has always evolved, from the days of the general store to catalog operators, mass merchants and category killers. Now it seems that entertainment provider and original content creator is also part of the merchandise assortment as more retailers try to emulate Amazon and it's Prime Instant Video service. Online retailer Overstock plans to join Amazon as a provider of streaming services with the launch of a tiered subscription service of its own.

Retail security issues move from CIO to the C-suite

NEW YORK—In a far corner of the Jacob K. Javits Convention Center, a smattering of attendees turned out for NRF's sole conference session on cyber security. A cyber crime occurs every 18 seconds, but few companies are developing proactive plans to deal with a security event before it happens.

Timberland uses data mining to boost sales

With revenue flat in a rapidly evolving retail environment, Timberland needed to jumpstart sales of its still-popular and trendy footwear and apparel. To accomplish this, it turned to data.