Industry News - January 11th 2014
| | RETAIL AND TECHNOLOGY NEWS | Cabela's Deploys Revionics Price and Markdown Optimization SolutionsCabela's, known in the industry for its omnichannel approach to retailing, will deploy price and markdown optimization solutions from Revionics. The retailer will deploy Revionics Price Optimization for base price management and optimization and Revionics Markdown Optimization to maximize margins and sell-through. "Revionics has the optimization technology to ensure we offer our customers the right price and markdowns, at the right time, through the right channel – whether it be through our catalog, online, in-store, or mobile," said Cabela's chief merchandising officer Brian Linneman in a statement. "We look forward to partnering with Revionics to improve our multi-channel strategies, increase the productivity of our workforce and continue to enhance our processes."
Go Behind the Scenes of Build-A-Bear's Store of the FutureAt one point or another, even the best-behaved kid has wanted to take his or her toys apart to see what made them tick, whirr and buzz. At the NRF Big Show, grown-ups get the chance to see the inside workings of the store many of those toys came from – with no chance their parents will freak out about the mess they've made. "The Machines Behind the Magic: Creating the Build-A-Bear Store of the Future with Epicor Stuffing" explains the nuts and bolts behind the scenes at Build-A-Bear's new Store of the Future, a retail model designed to engage and connect with today's increasingly tech-savvy kids. This Big Ideas session, Tuesday from 11 a.m. to 11:45 a.m. in Room 3D04, Expo Hall Level 3, features Brandon Elliott, Build-A-Bear Director of Digital Ventures, and Epicor product management director Duncan Taylor. They will discuss internal and external collaboration along with innovative ideas, execution, and
Chico's Exec Reveals RFID Secrets and What's NextRFID has gained traction in retail for both item level and inventory accuracy; however, there are many other solutions available, including supply chain visibility, mark-down optimization, loss prevention, and customer experience and interaction enhancements. Susan Flake, director of business development for Motorola Solutions will be joined by Jon Beeler, director of merchandise operations for Sonoma Intimates with Chico's FAS, Justin Patton, director of the RFID research center at the University of Arkansas, and Deon Stander, vice president and general manager of global commercial for Avery Dennison to reveal opportunities that RFID presents as well as insight into what's next. The Big Ideas session, " RFID – What's Next?," will take place on Tuesday, January 15, 2014 at the NRF Big Show from 4 to 4:45 p.m. in the Expo Hall, Level 3, Room 3D05 at the Javits Center.
O'Reilly, Follett Use Mobility to Deliver Endless Aisle Shopping ExperienceEmbracing in-store mobile technology and using it to meet continuously evolving business objectives is key to transforming the customer experience and keeping pace with customers. Two retailers that make the case for this approach are Steve Jasinski, of O'Reilly Auto Parts, and Fred Peterkin, of Follett Higher Education Group.
These retailers are from completely different market verticals and come together to explain how mobility in the store removes channel barriers, empowers associates and improves the customer experience. They will outline their mobility strategies at the NRF Big Show on Tuesday, January 15, from 10:15 am to 10:45 am in room 3D08.
They will be joined by Linda Palanza, of OneView Commerce, and Joe Skorupa, of RIS News, in a panel discussion that will cover how endless aisle capabilities are becoming a way to eliminate barriers to the customer experience across channels and how mobility can deliver increased revenue and loyalty while decreasing the cost of sales. More Technology News
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