News

Charming Charlie won over by analytics

BY Dan Berthiaume

Houston – Charming Charlie is establishing a “single version of the truth” across multiple business units, including merchandising, store operations, planning and finance, using the ARC Merchandise Analytics solution from Manthan Systems. The solution is designed to deliver real-time merchandise and performance insights across the retail enterprise.

Prior to installing ARC Merchandising Analytics, Charming Charlie depended on spreadsheets to combine disparate systems data for reporting purposes. This process required the availability of technical resources to perform labor-intensive data manipulation to deliver retail reporting. As a result, the IT team was performing data dumps to support numerous reports required across the business and consequently, reports did not reflect real-time data.

“With Manthan’s solution, members of our merchandising and operations teams can build their own dashboards and reporting views specific to their requirements without placing an IT request,” said Jay Nayak, senior director of IT applications at Charming Charlie. “Individuals can slice and dice data, perform rollups and drill-downs, filter by attributes and interact with views to drive down to real-time insights on the fly. It’s not a mere improvement to our previous reporting processes, it’s a complete transformation in how to we analyze data.”

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OPERATIONS

Interbrand Design Forum names managing director

BY Katherine Boccaccio

Dayton, Ohio — Retail design and brand strategy firm Interbrand Design Forum, the retail division of Interbrand, said it has hired Dirk Defenbaugh as managing director.

Defenbaugh, previously VP, client service for WD Partners, will oversee day-to-day operations for the Interbrand Design Forum office, charged with attracting and retaining talent, delivering innovative brand solutions, developing and executing a growth strategy, leading business development, managing and growing client relationships and furthering the company’s position as a market leader. He will also serve on the Interbrand North America Executive Committee.

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ENERGY/HVAC

Gordon Brothers Group forms GB Energy Partners

BY Katherine Boccaccio

Boston — Restructuring and investment firm Gordon Brothers Group has acquired oil and gas appraisal company Appraisal Systems, and will use the acquisition to propel the launch of GB Energy Partners.

GB Energy Partners combines the energy expertise of Gordon Brothers Group, Emerald Technology Valuations and ASI into one comprehensive appraisal and disposition platform.

“Following on the heels of the Emerald Technology Valuations acquisition last year, the acquisition of ASI now allows Gordon Brothers Group to provide one appraisal, disposition and lending platform focused on energy,” said Kenneth Frieze, president of Gordon Brothers Group. “The formation of GB Energy Partners consolidates Gordon Brothers Group’s expertise across the six major areas of energy: oil, gas, coal, biofuels, solar and wind.”

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