Applebee’s selects Buxton to assist in market planning and site selection
Fort Worth, Texas — Applebee’s Services said Wednesday it has chosen customer analytics firm Buxton to assist with the franchise system’s real estate expansion and company asset-management strategies for Applebee’s Neighborhood Grill &Bar restaurants.
Applebee’s, a DineEquity brand, will use Buxton’s Scout platform, to establish future expansion in potential franchise markets and assist in asset management decisions.
“We chose Buxton to help execute our real estate strategy and to help us understand where future opportunities exist,” said Andrea Gladson, Franchise Development Specialist for Applebee’s. “We have seen a lot of success over the past three decades, and realize that as we continue to grow, we need a more advanced, fact-based location intelligence platform to work with, which is where Buxton and Scout come into play.”
Lenexa, Kan.-based Applebee’s Neighborhood Bar & Grill currently operates 2,000 locations worldwide.
Family Express selects Retalix for inventory management
Dallas — Retalix announced Wednesday that c-store chain Family Express has selected the Retalix Demand-Driven Replenishment solution to reduce out-of-stocks, enhance the quality of its center-of-store product and fresh product offerings, and optimize its inventory position.
“Retalix’s Demand-Driven Replenishment solution offers one of the most robust, feature-rich systems on the market, and the depth of its intuitive analytics made our decision very easy,” said said Bill Nolan, VP marketing of Valparaiso, Ind.-based Family Express.
Nolan said that Family Express is looking to better manage its total product inventory while providing a seamless integration with existing IT systems. A quick deployment and user-friendly interface were also required, said Nolan.
In this project, Retalix will integrate its Demand-Driven Replenishment solution with the retailer’s existing pricing, merchandising and point-of-sale software solutions to create a seamless and efficient demand-based replenishment system.
The rollout will begin this year across all Family Express locations in Northwest and North Central Indiana.
Signet Jewelers Q4 net income falls 9%
Bermuda — Signet Jewelers Ltd., whose brands include Kay Jewelers and Jared The Galleria of Jewelry, reported Wednesday that net income for the quarter ended Jan. 29 decreased 9% to $105.4 million, from $115.5 million a year earlier.
Revenue for the period rose 6% to $1.27 billion from $1.2 billion, meeting Wall Street expectations. Same-store sales increased 8.1%.