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TABS Group forms dedicated Wal-Mart analytics team to enhance insights at chain

BY Marianne Wilson

Shelton, Conn. — TABS Group, a technology-enabled analytics firm, has announced the formation of a senior-level team dedicated to supporting internal and customer-related initiatives with Walmart.

TABS Group will tap into its new talent base to obtain a comprehensive understanding as to how the largest U.S. retail chain operates on a chain and local level. The insights gained will benefit Walmart and consumer products manufacturers and further contributes to the firm’s mission to simplify and improve the way analytics is conducted within the industry.

The new TABS Group analysts have a high level of expertise on Wal-Mart and retain outstanding credibility with the retailer. They previously held positions at IRI Worldwide, a leading provider of syndicated retail sales data.

As the newly appointed VP of client services at TABS Group, Kayla Fromm-Mendoza will focus exclusively on Walmart’s internal analytical needs. John Powell, also appointed to VP of client service, will serve as a liaison between manufacturers and Wal-Mart initiatives.

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OPERATIONS

Fire hits Bangladesh garment factory

BY Dan Berthiaume

Dhaka, Bangladesh – Another deadly fire has reportedly hit a garment factory in Bangladesh. According to Bloomberg, an Oct. 8 blaze at a garment factory near the Bangladesh capital city of Dhaka killed 10 workers and injured more than 50.

The non-profit group Clean Clothes Campaign said the factory manufactures brands linked to retailers including Asda (owned by Wal-Mart), Loblaw and Hudson’s Bay. A Wal-Mart spokesperson said some of the company’s suppliers source fabric from the factory but it does not have any direct contractual relationship with the factory.

A major fire at another garment factory in Bangladesh killed more than 100 people in November 2012 and a garment factory collapse killed more than 1,000 people six months ago, leading to promises of new, tougher safety standards for factories in the country.

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MARKETING/SOCIAL MEDIA

Report: Best Buy plans major iPhone promo

BY Dan Berthiaume

Richfield, Minn. – Best Buy is reportedly planning a major promotion to boost sales of the iPhone 5c and 5s the week of Oct. 13. According to TechnoBuffalo, an internal corporate memo indicates that consumers who trade in select smartphones that week will receive a $100 credit that can be used to cover the down payment on a new iPhone 5c or 5s.

Traded in phones must be undamaged and working properly. In addition, customers must sign up for a two-year plan to use the iPhone credit. Not all stores are participating and the promotion does not apply to Puerto Rico.

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