News

ALCO to deploy Revionics pricing solutions

BY Marianne Wilson

Abilene, Kansas — ALCO Stores and Revionics Inc. announced a multi-year partnership, which will support optimal pricing decisions throughout ALCO’s 217 stores.

Revionics Life Cycle Price Optimization solutions and Analytic Solutions will enable ALCO to design and execute regional, localized pricing initiatives, timing of markdowns, promotional pricing and analysis of customer market baskets and key volume items.

“We are excited about our new partnership with Revionics and expect their proprietary software to help us improve gross margins, increase average basket, and enhance returns for ALCO shareholders,” said Rich Wilson, president, ALCO Stores. “Over the next several months we will implement the Revionics technology, which we anticipate will lead to a positive impact on profitability later in fiscal 2014 and beyond.”

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S.Gacho says:
Mar-24-2013 12:59 pm

ALCO are well known for there
ALCO are well known for there discounted retailing business. which have 5 more bigger counter parts. - J. Kale Flagg

S.Gacho says:
Mar-24-2013 12:59 pm

ALCO are well known for there discounted retailing business. which have 5 more bigger counter parts. - J. Kale Flagg

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SUPPLY CHAIN

DSW taps VendorNet as omnichannel partner

BY Marianne Wilson

Boynton Beach, Fla. — Designer Shoe Warehouse Inc., has selected VendorNet to provide ship-from-store and dropship management solutions.

VendorNet, a wholly owned subsidiary of GSI Commerce, an eBay Inc. company, is a provider of cross-channel fulfillment and supply chain technology. DSW will use VendorNet’s StoreNet Live to implement omnichannel retail capabilities, including brick-and-mortar store fulfillment for online sales.

Through StoreNet’s Ship-from Store offering, DSW’s fleet of 364 stores will be positioned as direct-to-consumer fulfillment locations. DSW will leverage store inventory and personnel to fulfill store and online orders, recapturing sales that would have been lost due to out-of-stock conditions. StoreNet will also enable DSW to sell-through select store merchandise at higher margins based on specific criteria such as end-of-life products. In addition, DSW is deploying VendorNet Dropship Manager to further enhance product assortment and availability for its customers.

“With today’s consumers being more powerful than the purveyor of goods, out-of-stocks are unacceptable; customers will go elsewhere,” stated Roger Rawlins, SVP e-commerce, and leader of omnichannel initiatives at DSW. “We want to offer our customers universal inventory availability which is central to our omnichannel mantra ‘any shoe, anywhere, anytime.’ Deploying StoreNet will be a major milestone in making this mantra a reality.”

Rawlins cited a number of reasons DSW selected VendorNet as its omnichannel solutions partner, including best practice guidance, speed-to-market, a simple and intuitive user interface for its store associates, and the unequivocal endorsement from existing top-tier retail clients.

“At the end of the day, we found that StoreNet is hands-down the best solution for our store associates. Plus, it’s the closest turnkey omnichannel solution in the marketplace requiring little to no customization,” commented Rawlins.

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Apr-09-2013 04:24 pm

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Apr-04-2013 09:43 am

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Apr-04-2013 09:43 am

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STORE SPACES

LifeProof chooses BrightSign for POP displays in Best Buy

BY Staff Writer

Los Gatos, Calif. — BrightSign that LifeProof has deployed the company’s players in point-of-purchase displays in Best Buy retail stores. LifeProof, a manufacturer of rugged cases for iPhone and iPad, is using 1,600 inline displays in Best Buy’s 800 U.S.-based stores to engage customers and generate sales in the increasingly competitive iOS accessories market.

BrightSign’s players power sleek-looking, inline POP displays that integrate seamlessly into the store shelf. A landscape-oriented touch-screen anchors the display, surrounded by the various LifeProof products that are featured in a series of touch-interactive video vignettes that showcase the products’ key features. The screens loop video content and entice customers in the vicinity to interact with the engaging content on the touch-screen display. Upon interaction, customers have the ability to “drive” the presentation and learn more about the product that best suits their needs and lifestyle.

“We needed a POP display that reflects the value of the LifeProof brand and vividly articulates the value of our products,” said Kyle Ballarta, marketing director at LifeProof. “BrightSign made it possible to deliver the interactive content necessary to successfully convey how our products give our customers the freedom to use their mobile device anywhere and everywhere their day takes them.”

In terms of cost, BrightSign offered LifeProof several advantages. With roughly 1,600 HD1020 players deployed in Best Buy stores across the country, the affordability of the players themselves gave LifeProof a cost-effective way to deploy the displays in all 800 stores while keeping the up-front costs well within budget. And with an uptime rate greater than 99.9%, BrightSign’s players gave LifeProof confidence that they could install the displays and nearly eliminate future maintenance costs altogether.

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P.Banik says:
Apr-17-2013 08:24 am

They have taken the right
They have taken the right decision they should take the point-of-purchase display seriously. The more innovative they become with their approach the better are their chances of drawing customers to the site, they should also consider getting LED signage for their stores.

P.Banik says:
Apr-17-2013 08:24 am

They have taken the right decision they should take the point-of-purchase display seriously. The more innovative they become with their approach the better are their chances of drawing customers to the site, they should also consider getting LED signage for their stores.

M.Mirevski says:
Mar-15-2013 08:54 am

Most grillers would prefer a
Most grillers would prefer a large grilling surface in order to be able to grill many different kinds of food at the same time. Look for a grill with at least 8,500 BTUs of burning capacity. weber gas grill Aside from that, charcoal grills are less expensive than gas BBQ grills.Eating is everybody's passion and so is cooking. Gas Grill:First we will start with the gas Grill.

M.Mirevski says:
Mar-15-2013 08:54 am

Most grillers would prefer a large grilling surface in order to be able to grill many different kinds of food at the same time. Look for a grill with at least 8,500 BTUs of burning capacity. weber gas grill Aside from that, charcoal grills are less expensive than gas BBQ grills.Eating is everybody's passion and so is cooking. Gas Grill:First we will start with the gas Grill.

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Consumer confidence is high. Is that reflected in your stores’ revenues?

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