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Grocers Can Tap Into Price Comparison Apps

PYMNTS

The initial inner workings of a price comparison tool called Basket began when Neil Kataria was a kid. There is a fundamental shift in retail, and we are seeing an acceleration,” said Thom Blischok, global retail strategic advisor of Nielsen. Data Analytics. And comparing prices between grocers wasn’t an easy feat.

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Projection Forecasts Stable New Vehicle Retail Sales For November

PYMNTS

Power and LMC Automotive forecasts that new vehicle retail sales for November 2020 will drop slightly from the same month the prior year, according to a Wednesday (Nov. Retail sales for new automobiles are forecast to be 1.04 A comparison of the same sales volume without factoring in the number of selling days leads to a 12.2

Retail 142
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What are analytical procedures and their benefits?

Abrigo

Analytical procedures are beginning to become more prevalent in the audit world. According to the AICPA, analytical procedures consist of reviewing financial information by studying plausible relationships between data and evaluating it for consistency. They can: • Improve the quality of the analytics. By Jackie McLaughlin, CPA.

Analytics 150
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Retail Lease Defaults Have Ripple Effect

PYMNTS

As it does during the first week of every month of the pandemic, attention turns to retail leases. This week found that one of the crisis’ most troubled retailers — Nordstrom — will only pay half of its rent for the balance of 2020. Retail Properties of America, Inc. percent of Q2 2020 rent as of the end of June.

Retail 150
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Big Data 4 Small Business Wins Visa/US Bank Big Hack For Small Business Competition

PYMNTS

The team at Big Data 4 Small Business developed a solution that Visa said offers merchant-defined, enrichment-promoting analytics tailored to retailers. Those analytics also take into account local and industry comparisons. The companies said via a blog post ahead of the competition that entrants would use U.S.

Big Data 130
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Data-driven strategies for banks and credit unions: Start here

Abrigo

Leapfrog competition, reduce risk How to develop banking strategies using your data Everywhere bank and credit union leaders look, it seems, someone is talking about how financial institutions should leverage their data and analytics to develop strategies for leapfrogging competition and reducing risk. CRE concentration report.

Strategy 195
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Amazon Rivals Cash In On Prime Day

PYMNTS

Amazon saw its biggest Prime Day in the company’s history, with its larger retailers seeing a 54 percent increase in sales during the event. And eBay wasn’t able to comment on its sales before reporting its earnings — the site had advertised exclusive deals at 80 percent off of items’ retail prices.

Retail 100