OPERATIONS

AutoZone licenses APT software to help evaluate strategic initiatives

BY Staff Writer

Washington, D.C. — Applied Predictive Technologies announced that AutoZone has signed an agreement to license APT’s Test & Learn Management System to assist in evaluating strategic initiatives across all major functional areas.

AutoZone chose to license the system after piloting the software to test the value of various initiatives in marketing, merchandising, pricing, store operations, loss prevention, store development, and programs targeting commercial business customers.

“APT is a great tool to help us manage our testing and allow us to make better decisions,” said Brett Shanaman, AutoZone’s VP marketing. “Given AutoZone’s commitment to ongoing testing and learning to drive results, APT’s software is instrumental in managing and measuring our broad-ranging testing activity across 4,500 plus U.S., stores.”

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P.Banik says:
Mar-06-2013 09:42 am

Testing would bring out its efficiency level. In business having access to such strategic planning tool could be really useful for the businesses. However, business owners should also be concerned about the cyber crimes they should take necessary measures to fight against cyber crime.

P.Banik says:
Mar-06-2013 09:42 am

Testing would bring out its efficiency level. In business having access to such strategic planning tool could be really useful for the businesses. However, business owners should also be concerned about the cyber crimes they should take necessary measures to fight against cyber crime.

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J.C. Penney to announce big changes on Jan. 25

BY Marianne Wilson

Dallas — J.C. Penney Co. will host a two-part launch event where senior management will outline its much-anticipated plan of transformation on the mornings of Jan. 25 and Jan. 26 in New York City.

The event begins on Jan. 25 at 9 a.m. ET with a presentation from CEO Ron Johnson and president Michael Francis scheduled to conclude by 11 a.m. ET. It will be followed the next day, Jan. 26, by a financial presentation from COO Michael Kramer that begins at 9 a.m. ET. The Jan. 26 event will conclude at 10:30 a.m. ET following a question and answer session with senior management.

Both meetings will be available via a real-time webcast. The webcast may be accessed through J.C. Penney’s investor relations page at http://ir.jcpenney.com.

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NRF names five new retail board members

BY Katherine Boccaccio

New York City — The National Retail Federation said Wednesday that it has named five additional retail executives to its board of directors. Each new member, announced during NRF’s101st Annual Convention and Expo in New York, will serve a three-year term.

The newly named members are Tim Belk, chairman and CEO, Belk; David Jaffe, president and CEO, Ascena Retail Group; Craig L. Levra, chairman, president and CEO, Sport Chalet; David Ratner, president, Dave’s Soda and Pet City; Laura Sen, president, CEO and director, BJ’s Wholesale Club.

Terry Lundgren, Macy’s chairman, president and CEO, was re-elected to serve another full year as chairman of the NRF board.

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