Cabela’s selects Acorn Systems’ profitability and cost management solution
Houston — After a thorough evaluation of major leading profitability systems, Cabela’s Inc. has selected Acorn Systems’ Performance Analyzer because of its expertise in profitability management and its ability to provide a flexible, scalable and elegant platform to drive true net SKU profitability analytics.
“The continued growth of Cabela’s in multiple channels such as store, catalog and e-commerce has driven a greater need to understand true profitability to enable strategic decisions related to pricing, category management and overall business performance,” said Brian Linneman, chief merchandising officer, Cabela’s, Sidney, Neb. “Acorn’s Performance Analyzer will enable us to achieve greater SKU profitability insights to drive improved decisions as we balance financial results with product offerings for our customers.”
Acorn’s technology and methodology will build off Cabela’s own systems to create new and actionable intelligence, Acorn said. By providing fresh insight into the true net profit of a business in a detailed and multidimensional way, Acorn’s solutions leverage a company’s existing IT infrastructure to draw data directly from existing operational and financial systems including ERP, WMS, labor management and the enterprise data warehouse.
Raley’s expands space optimization capabilities with Adata
Atlanta — Aldata announced that Raley’s Family of Fine Stores, a California-based supermarket chain, has expanded its use of Aldata Space Automation to create and maintain category- to store-specific planograms for high-volume categories, and, in turn, enable broader vendor collaboration.
With the addition of the Aldata solution, Raley’s expands its existing space optimization capabilities, which already includes Aldata’s shelf planning and web publishing modules, to better enable the company to reduce inventory carrying costs, decrease out of stocks, improve productivity and increase sales.
“With multiple supermarket chains operating throughout Northern California and Nevada, Raley’s needed to move beyond manual planogram creation in order to support high-volume categories across multiple stores,” said Rick McGill, space optimization manager for Raley’s, West Sacramento, Calif., which operates stores under several banners. “With Aldata Space Automation, everyone on our schematic team has software to automate planograms and achieve a much more granular approach to category management than ever before.”
Worst state for business is where Target has most stores
Target has done quite well for itself in California, but that doesn’t mean it’s been easy. Ironically, the state with the most extensive network of Target stores also happens to be the one identified as the worst state in which to do business, according to a recent survey.
At the end of the most recent fiscal year, Target operated 252 of its 1,763 stores in California, or a little more than 14% of its entire store base. Despite this extensive footprint, the nation’s most populous state is the one 650 CEOs ranked as the worst state in which to do business, according to a survey conducted by Chief Executive magazine.
CEOs who participated in the survey said California’s poor ranking is the result of its hostility to business, high state taxes and overly stringent regulations, which is driving investment, companies and jobs to other states.
After California, other states who scored poorly were New York, Illinois, Massachusetts and Michigan. Conversely, the best state for business was Texas, a distinction it has received for eight consecutive years. Target operates 148 stores in Texas. It was followed by Florida, North Carolina, Tennessee and Indiana.
“CEOs tell us that California seems to be doing everything possible to drive business from the state. Texas, by contrast, has been welcoming companies and entrepreneurs, particularly in the high-tech arena,” said J.P. Donlon, editor-in-chief of Chief Executive. “Local economic development corporations, as well as the state Texas Enterprise Fund, are providing attractive incentives. This, along with the relaxed regulatory environment and supportive State Department of Commerce adds up to a favorable climate for business.”
The survey was conducted Jan. 24 through Feb. 26 and complete results, including individual state rankings on multiple criteria and methodology details are available at ChiefExecutive.net.