Advance Auto adds predictive analysis software
Roanoke, Va. To improve inventory control and customer satisfaction, Advance Auto Parts added analysis technology from SPSS, Chicago.
Since launching its “Availability Excellence” initiative, Advance Auto is committed to upholding its slogan, “Delivering the right parts to the right place at the right time — every time.” The only way to support this concept is to have insight into inventory levels and consumer demand. SPSS’ Predictive Analytics Software suite helps the chain achieve this.
PASW Modeler, formerly marketed under the Clementine name, and PASW Collaboration & Deployment Services, which was previously called Predictive Enterprise Services, both support the company’s market basket analysis, and help the chain optimize its supply chain to accurately manage inventory available at warehouses and individual stores.
“The software enables our organization to bring the right product closer to the customer, which improves product availability, overall profitability and the propensity to move SKUs at stores,” said Jim North, VP inventory market replenishment, Advance Auto Parts.
Michaels returns to profit in Q1
IRVING, Texas Michaels Stores reported net income of $4 million, for the first quarter of fiscal 2009, an improvement of $24 million from a net loss of $20 million in the first quarter of fiscal 2008. Total sales for the quarter were $852 million, a 0.6% increase from fiscal 2008 first quarter sales of $847 million. Same-store sales for the comparable 13-week period decreased 2% of which 1.7% was related to the negative impact of foreign exchange rates.
John Menzer, CEO, said, “Our operating units performed relatively well, which were offset by the continued negative impact of a weakened Canadian dollar. We were very encouraged with the sales in a number of key categories, including beads and jewelry making, impulse items and wall frames. Our new marketing and merchandising programs are connecting with the Michaels customers and have helped drive an increase in customer transactions, even in today’s difficult retail environment.”
Walmart unveils exclusive Miley Cyrus line
BENTONVILLE, Ark. Walmart announced the introduction of Miley Cyrus & Max Azria, a new clothing line available only at Walmart. The line will arrive in all Walmart stores and on Walmart.com in early August, and includes tops, pants, graphic tees, shoes and accessories, all priced less than $20.
“Our launch of the Miley Cyrus & Max Azria line continues our strategy of engaging customers across categories,” said John Fleming, EVP and chief merchandising officer, Walmart U.S. “This time, we’re bringing together a leading entertainer and a top apparel house to bring exciting product and price leadership to our customers.”
Complementing the Miley Cyrus & Max Azria announcement, Walmart will be the title sponsor of the Miley Cyrus concert tour.