Industry News - June 19th, 2009
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RETAIL AND TECHNOLOGY NEWS |
Overstock.com Optimizes Twitter Presence, Launches CheapTweet Stores
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CheapTweet.com, a Twitter-based
deals search engine, announces the release of CheapTweet Stores, a new
feature that provides brands and retailers on Twitter more control over
their branding and content as well as increased visibility of their
deals on CheapTweet.com and via web search.
CheapTweet Stores, the Web site's first professional offering, are
targeted at e-commerce brands and multi-channel retailers looking to
maximize their existing Twitter presence. With CheapTweet Stores,
organizations can better manage their multiple Twitter accounts and
more effectively communicate with consumers. Benefits include:
- Consistent corporate branding. A CheapTweet Store is a branded,
searchable index hosted on CheapTweet.com, including both deal tweets
and general tweets from an organization's multiple Twitter accounts.
- Maximizing Twitter presence. A CheapTweet Store complements an
organization's Twitter presence by making it easy for customers to find
and act on deals shared on Twitter - even if a user doesn't subscribe
to that organization's Twitter stream or missed the original deal
tweet.
- Reaching the "ready-to-buy" consumer. The majority of CheapTweet
visitors are already looking to buy and are simply searching for the
best price. A CheapTweet Store puts deals in front of these customers
who are ready to make a purchase with the best deal they can find.
"The Overstock.com
Store from CheapTweet enables us to pull all our twitter deal postings
into one central location and in front of the eyes of the many
CheapTweet users" says Patrick Byrne, Overstock.com Chairman and CEO.
"Social media, including Twitter, is a key initiative for us to
interact directly with our customers and share special discounts with
our most loyal shoppers. With CheapTweet, we get our deals in front of
an established audience of enthusiastic online bargain hunters."
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Abercrombie & Fitch Implements Merchandising, Store Applications
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Abercrombie & Fitch implements Oracle Retail merchandising and
stores applications to support its international expansion plans and
long-term growth strategy. The Oracle Retail merchandising and stores
applications are being rolled out across all of the retailer's brands
including Abercrombie & Fitch, abercrombie, Hollister, RUEHL and
Gilly Hicks.
The retailer has adopted a centralized business model and is deploying
a single instance of the Oracle Retail Merchandising System across the
globe to support its international expansion strategy. As part of this
effort, Abercrombie & Fitch implemented Oracle Fusion Middleware
SOA suite components including the Oracle BPEL Process Manager to
orchestrate the data exchanges between the Oracle merchandising
environment, its legacy systems and other new systems.
"There is no question that our strategic relationship with Oracle
Retail is delivering meaningful value to our business and will take on
an increasingly important role as we move forward with our strategy and
key growth initiatives," said Kristen Blum, senior vice president and
CIO, Abercrombie & Fitch. "Oracle Retail not only provides us with
industry-leading, best practice applications and technology, but they
have partnered with us across the board to get maximum value out of the
systems as we aggressively drive our business strategy."
Abercrombie & Fitch also implements Oracle Retail Point-of-Service,
Oracle Retail Central Office and Oracle's PeopleSoft Enterprise Time
& Labor across all of its brands to help maximize store
profitability as well as to provide the scalable and flexible
architecture needed to support the growing demands of the business.
Abercrombie & Fitch expects the Oracle Retail stores application to
be deployed at all store locations by the end of next year. Abercrombie
& Fitch's implementation of Oracle Retail Point-of-Service includes
an on-screen keyboard and a streamlined user experience to support the
retailer's unique in-store experience.
The retailer is currently in phase two of its merchandising and stores
implementation. This phase will be live in the Fall of 2009 to support
the international opening of stores in Milan and Tokyo.
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D’Agostino Supermarkets Adds Price Management Solution
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D'Agostino Supermarkets selects the Revionics Advanced Pricing Solution
for Pricing Management. Implementation and rollout will begin
immediately across all 18 D'Agostino locations in Manhattan, Brooklyn,
Bronx, and Westchester County, New York.
As one of the first full-service grocers in Manhattan, D'Agostino is
constantly seeking new ways to enhance their merchandising while
staying true to their roots and value proposition. In-home delivery,
online shopping, and a popular rewards program, Smart Prices, help
differentiate their business while securing customer loyalty.
"We've always felt strongly about delivering innovations to our
customers. Today of course, that can come in the form of technology as
well as food," says Nicholas D'Agostino, III, the fourth generation
owner and president of D'Agostino Supermarkets. "Since New Yorkers are
the most demanding audience in the world, all that we do at D'Agostino
is designed to help serve their needs and expectations. The Revionics'
price management system will help us better manage the pricing aspect
of our business allowing us to continue to exceed our customers'
expectations. It will be an essential tool for us, and we're excited to
partner with Revionics."
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Gap and Stella McCartney Launch Kids and Baby Collection
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GapKids and babyGap announce plans for a new collection created for Gap
by Stella McCartney. Expected to launch in late 2009, the collection
will be carried in select GapKids and babyGap stores in the United
States and Canada, the UK, France and Ireland, and Japan, as well as
online in the US.
"We're thrilled to have the opportunity to build on successful past
collaborations with a world class design talent like Stella," said
Marka Hansen, president of Gap brand. "I'm looking forward to offering
our GapKids and babyGap customers her unique interpretation of Gap's
casual American aesthetic. Her experience as a parent and designer are
sure to delight both kids and parents alike."
Stella McCartney comments, "For years now I've wanted to create a
collection for kids, it's something I've often been asked about. I
believe that this one-off collaboration will be a great way for
customers to be able to participate in the Stella McCartney brand. I
believe that kids clothing should be more accessibly priced, which is
particularly important at the moment given the current climate. It's
really exciting for us to do a boys and girls collection for the first
time."
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ecVision Releases New Audit and Inspect Modules to Help Manage Compliance
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ecVision offers
new functional modules that extend the capabilities in XpressCommerce.
The Audit and Inspect modules help retailers and private label
manufacturers to collaborate with internal and external teams to ensure
factory/supplier compliance, product quality and brand protection.
As a role-based system, users of these modules can include internal
sourcing, quality assurance and legal teams, overseas buying offices,
suppliers, agents, external inspectors, and others to achieve greater
visibility into the processes.
ecVision XpressCommerce is a modular, configurable, Web-based solution
for private label owners and manufacturers to facilitate better
relationships with trading partners through standardized documents and
process flow from product concept to receipt.
The Audit module provides the ability to:
- Communicate with inspection teams and schedule compliance inspections
- Calendar and schedule recurring audits
- Monitor and manage vendor and factory performance for on-time delivery, social compliance,
environmental footprint, and regulatory compliance
- Establish audit processes and ensure audits are performed and compliance is reached
- Analyze risk by cross-matching current and future activity with non-compliant suppliers
- Select suppliers that meet compliance standards using KPIs
- Lockdown activity, like future orders, with non-compliant suppliers
The capabilities in the Inspect module enable the:
- Scheduling of product inspections with audit and inspection companies
- Online inspection forms for tracking production quality and compliance results
- Enforces consistent standards
- Building of KPI scorecards based on product quality
- Retailers to lock-down activity with non-compliant suppliers
GSI Commerce Accelerates Delivery of Packages
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GSI Commerce announces
the launch of ShipQuik, a proprietary package-delivery program for its
clients. Under the ShipQuik program, GSI presorts and loads packages
itself at its fulfillment centers, further optimizing UPS's ground
service for its clients.
As part of the ShipQuik program, GSI selected UPS as its strategic
partner for its advanced ground package delivery network and unique
infrastructure. The UPS solution complements GSI's scale and network of
fulfillment centers, which totals more than two million square feet.
GSI implemented new software for UPS service and zip code sorting,
conveyor sortation and routing, and dock manifest scheduling. The
company also enhanced its warehouse management and freight management
systems in support of the new solution. More than 88 percent of the
total client volume currently processed within GSI's fulfillment
centers moves through the ShipQuik program.
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