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Claire’s selects 1010data to analyze, manage data

BY Katherine Boccaccio

New York — Big data discovery and data-sharing solution-provider 1010data said that Claire’s has chosen its cloud-based platform for big data discovery across its global businesses. 1010data allows Claire’s to integrate data from throughout its enterprise and provide a self-service analytical platform for users to derive data-driven insights and receive fast access to business results.

With over 3,000 stores serving more than three million customers in the U.S. and across Europe annually, Claire’s generates vast volumes of data from its point-of-sale, inventory, merchandising, supply chain and other enterprise systems. Claire’s continued growth has increased its need for a more extensive solution with improved data analysis capabilities.

“The amount of data our stores generate expands on a daily basis,” said Rob Cole, senior VP, Information Technologies at Claire’s. “In order to compete effectively, it is increasingly important to analyze data at a more granular level. This meant that we needed to invest in a global platform that would allow us to manage big data and easily glean insights.”

1010data allows Claire’s to not only analyze the data in its local businesses, but also share analyses with colleagues at any time from any location. Standardizing Claire’s globally on 1010data’s big data discovery platform, including business intelligence and enterprise data warehousing, has further integrated its teams worldwide while providing the insight Claire’s needs to be in tune with its local customers.

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Victoria Supermarkets and Revionics team toward price optimization

BY Katherine Boccaccio

Austin, Texas — End-to-end merchandise optimization solution-provider Revionics announced a multi-year agreement with Victoria Supermarkets for its Price Optimization solution rollout.

Victoria Supermarkets operates 83 markets in Russia and is owned by the DIXY Group, one of Russia’s largest national retail operators in the food retail market.

Revionics’ solution will enable Victoria Supermarkets to adopt a shopper-centric approach to its pricing strategies and tactics. Leveraging predictive analytics and demand-based science, Victoria Supermarkets will now have a more robust view of shoppers and competitors to drive better fact-based price decisions and respond more quickly to dynamic marketplace conditions. Revionics’ SaaS-based solution was particular attractive to Victoria Supermarkets due to its ability to enable rapid time-to-value, lower total cost of ownership and on-demand scalability.

“Through a comprehensive industry search, we found that Revionics solution would help us adopt a smarter pricing strategy that would result in not only improving our customers’ shopping experience and our price image, but also help us obtain optimal profits and margins – it’s a win win for us,” said Irana Katsiyeva, marketing director for Victoria.

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Changes to Supervalu’s board

BY CSA STAFF

Supervalu has elected Gerald Storch as chair of its board of directors. The appointment comes after Robert Miller, who has chaired the boar since March 2013, announced his resignation.

“We are thrilled to have Jerry Storch as our new non-executive chairman of the Supervalu board of directors. Jerry’s tremendous experience in food and specialty retailing makes him especially well qualified for this role,” said director Phil Francis. “At the same time, we are very grateful to Bob Miller, who is truly a giant in the retail grocery industry, for his service on the Supervalu board of directors. The board will continue to consult with Bob as a non-paid adviser to the board as we move forward, and we are both pleased and fortunate that Bob is willing to assist in this capacity.”

Storch is chairman and CEO of Storch Advisors, a senior management advisory and consulting firm that focuses primarily on retailing, e-commerce, consumer products and services and consumer financial services. From 2006-2013, Storch was chairman and CEO of Toys “R” Us, where he helped grow the company into a $13 billion global retailer, including expanding the company’s e-commerce business and overseeing several large-scale mergers and acquisitions.

Prior to his tenure at Toys “R” Us, Storch served as vice chairman of Target. During more than a decade with Target, Storch led the retailer’s e-commerce site, the Target grocery business and the Target financial services credit card business, and oversaw Marshall Field’s Department Stores. He currently serves as a member of the board of directors of Bristol Myers Squibb and Fanatics. He received a master of business administration from Harvard Business School, a juris doctor from Harvard Law School and holds a bachelor of arts from Harvard College.

Supervalu’s 11-person board includes seven members who are independent directors under the New York Stock Exchange listing standards.

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