News

Christopher & Banks Selects QuantiSense exception management software

BY Staff Writer

Atlanta — QuantiSense, a provider of retail exception management software, announced that Christopher & Banks Corporation has licensed both QuantiSense Playbooks and QuantiSense Retail Business Intelligence to help automate the management of retail exceptions across its 598 stores in 44 states, as well as to provide the business analytic platform for their enterprise.

“I look forward to sharing the QuantiSense software with our team,” said Lisa Klein, VP of information technology and planning & allocation, Christopher & Banks. “Currently it is very time consuming for our people to both find and manage all of the more important retail exceptions buried in our retail data. There are simply too many exceptions to sift through on a daily basis, so the traditional focus has been on the top SKUs and stores. A more accurate and easier way to drive this process is clearly a job for computer software designed specifically to manage our retail exceptions. Once implemented, our focus will shift to managing the SKUs and stores which the platform identifies as offering the biggest potential returns.”

Added company president and CEO LuAnn Via: “Finding and managing the retail exceptions that matter the most, whether it be on avoiding stock-outs of product in stores where we could be selling more or making adjustments to store size profile curves to better meet what our customer needs is an opportunity for us. The QuantiSense solution is designed to quickly show our people what actions to take on an item/store basis to both enhance and accelerate our allocation, purchasing and planning decisions.”

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REAL ESTATE

Trina Turk, Kendra Scott to Market Street-The Woodlands

BY Michael Fickes

Fort Worth, Texas — Trademark Property Co. has announced that Trina Turk and Kendra Scott Jewelry will open at Market Street-The Woodlands, a mixed-use destination located north of Houston.

Both retailers plan to open in the spring 2014. Construction of the new 2,000-sq.-ft. Trina Turk boutique will begin in January. Work will get underway on the 1,200-sq.-ft. Kendra Scott store this month.

The new retailers will join more than 80 upscale retail and dining options at the center including Vineyard Vines, Calypso St. Barth and Tommy Bahama. Several new luxury tenants have opened over the past few months. They include Kate Spade, Lucky Brand, Lush, Tumi and Vineyard Vines.

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REAL ESTATE

European Wax Center inks upper west side deals

BY Michael Fickes

New York — European Wax Center, a national chain offering waxing services for men and women, has taken space in two upper west side locations, according to Winick Realty Group, which represented the tenant in both transactions.

European Wax Center will occupy 1,500 sq. ft. at 2409 Broadway between 88th and 89th Streets. NGKF represented the landlord, 2409 Broadway Associates.

The retailer also leased 1,770 sq. ft. at 805 Columbus Avenue, located within the Columbus Square Development. Winick also represented the landlord in this transaction.

Winick is working to secure an additional location for European Wax Center on the Upper East Side.

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