Associated Grocers to Use Data Synchronization
Baton Rouge, La., Associated Grocers, Inc. is pursuing data synchronization and plans to connect its existing systems to the 1SYNC data pool. The grocer will use Retalix’s InSync Data Staging solution, integrating supplier data from the Global Data Synchronization Network (GDSN) via 1SYNC. Associated will also use an XML-based File Sync product from data synchronization-solutions provider Ontuet. Ontuet said it plans to eliminate manual catalog processing steps, reduce administration time, ensure timely and accurate data from suppliers, reduce errors dramatically, eliminate disparate data between applications and bring products to market more quickly, according to Ontuet.
“Data synchronization is a priority for us in 2006, and the heart of the system is the Retalix InSync Data Staging solution,” said Steven Miller, senior VP of Associated Grocers. “The benefits of the initiative are reduced manual intervention for item maintenance, a reliable method for receiving information about new and discontinued items, and accurate dimensional information for more efficient cubing of shipments into and out of the distribution center.”
Pier 1 Sells Subsidiary Group
New York City, Retailer Pier 1 Imports Inc. said it was selling its the United Kingdom-based subsidiary Pier Retail Group Limited to Palli Limited for about $15 million. Pier 1 said it recorded a pretax impairment charge of about $7 million in the fiscal fourth quarter related to the subsidiary.
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Golf Galaxy Acquires The GolfWorks
Eden Prarie, Minn., Golf Galaxy, Inc. completed its acquisition of club-making tools and supply company The GolfWorks. The acquisition comes two days after competitor Golfsmith International filed plans with the Securities and Exchange Commission to launch an initial public offering worth approximately $115 million. Golf Galaxy paid a combination of $3.7 million in cash and assumed $5.4 million in debt from The GolfWorks, which reported net sales of $24.5 million in fiscal 2005. Golf Galaxy currently operates 52 stores in 23 states along with its e-commerce Web site.
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