Cache selects RetailNext for in-store traffic management
San Jose, Calif. — RetailNext announced that specialty retailer Cache has chosen RetailNext for its in-store traffic management and real-time monitoring system. The retailer is currently rolling out RetailNext’s platform across the majority of its stores in 43 states.
"Until recently we’ve been testing traffic counters in a limited number of our stores," said a Cache spokesperson. "We’re excited to be rolling out traffic counters to most of the Cache chain. We believe that installing the RetailNext system will provide us with better information and intuitive access to data that we have not had available before this roll-out. We expect that we will be able to uncover opportunities for improving the shopping experience that otherwise would be invisible to us."
Lowe’s posts higher-than-expected Q3 sales and profits
New York — Lowe’s Cos. said Monday that its third-quarter net income jumped 76%, helped by lower costs and higher revenue. Its adjusted earnings without charges and its revenue both beat Wall Street forecasts.
Lowe’s earned $396 million for the three months ended Nov. 2. That compares with $225 in the year-ago period. Revenue rose 2% to $12.07 billion from $11.85 billion. Same-store sales were up 1.8%.
Lowe’s has been retooling its pricing strategy, and last summer returned to offering permanent low prices on many items across the store, instead of offering promotional discounts.
"We are keenly focused on improving our core business," said CEO Robert A. Niblock. "Our level of execution is improving and we delivered solid results in the third quarter."
Danfloss helps Supervalu complete first all-natural refrigerant store
Baltimore — Danfloss, a manufacturer of high-efficiency electronic and mechanical components and controls for air-conditioning, heating, refrigeration and motion systems, and provider of energy management and control solutions for the food retail industry, was chosen by Supervalue to provide a range of energy-saving products and support for a remodel project that has resulted in the development of the company’s first grocery store operating 100% on natural refrigerants. Specifically, Danfoss provided refrigeration system design and strategy to installation and commissioning.
The remodel of Supervalu’s Albertsons® store in Carpinteria, Calif., included a facility expansion – doubling the store’s footprint to 43,000 sq.-ft., and the conversion of an R22-based refrigeration system to one that uses nothing but environmentally-friendly natural refrigerants. The new system operates primarily on CO2, but also includes ammonia in medium-temperature cascade systems and propane in select self-contained floor cases.
The Danfoss products used throughout the store include CO2 controls for low-temperature applications, compressor controls, temperature transducers, pump and liquid vapor separator safety controls. The self-contained, propane-cooled floor cases also feature the Danfoss SLV controller and variable speed compressor.
In addition to helping the store save energy, money and resources by simplifying system control, Danfoss verified proper system communication between these state-of-the-art case controllers and the Danfoss control system to ensure proper monitoring.