KSS Retail, a global provider of price optimization and shopper insight solutions for the grocery, convenience, chain drug, general and online retail industries, has launched a new product that will enable businesses to efficiently harness data for more accurate forcasting.

The Container Store has enlisted Talend, a global open source software leader, to simplify, standardize and move data across multiple platforms.

Yomari and Predictix will join forces to deliver merchandising and analytics solutions to large and midsize retailers.

National sporting goods retailer Hibbett Sports has selected a business intelligence platform developed by QuantiSense, which will allow it to leverage retail analytics so it can improve local assortments across all physical stores.

Brad Anderson was named to the board of LightHaus, a provider of shopper insights based on video analytics.

Marketing solutions provide Dunnhumby has hired Nishat Mehta, formerly of MicroStrategy, to lead the company’s growing global partner business.

Smarter decision-making is a goal all retailers have, and now Target should be in an even better position to execute on that objective following a major agreement with industry leading data warehousing and analytics provider Teradata.

Teradata, the data warehousing and enterprise analytics leader, has a new deal with Walmart to help the retailer store, manipulate and analyze the expanding volume of information that results from selling more than $400 billion worth of goods annually.

The agreement includes an upgrade and expansion of Walmart's data warehouse environment to provide next-generation capabilities in addition to a 50% reduction in floor space required and a 40% reduction in energy consumption. The planned expansion includes a data warehouse technology refresh program designed to keep Walmart’s data warehouse on the leading edge of technology adoption. The agreement also includes a research and development relationship to strengthen the company's competitive retail advantage.

“As this partnership is expanded, we will be able to leverage scalability, processing power, and storage capacity, along with software enhancements,” said Jose Hernandez, Walmart’s chief technology officer and SVP of infrastructure. “Consistent with our sustainability initiatives, this expansion will result in a significant reduction in our data center power and cooling footprint.”