Crate and Barrel rolling out Predictix planning solution
Atlanta – Predictix announced that Crate and Barrel is implementing a broad suite of planning solutions from Predictix, including merchandise financial planning/merchandise financial management, assortment planning and item planning.
The Predictix solutions are being deployed across all Crate and Barrel brands — Crate and Barrel, CB2 and The Land of Nod — and will go live this quarter as part of a strategic plan to optimize the retailer’s planning processes.
Predictix is delivering an integrated suite of cloud-based solutions for Crate and Barrel that unifies all merchandise, assortment and item planning decisions and breaks down the silos between planning and forecasting — creating one version of certainty across the company. The Predictix solutions are built upon the Predictix Adaptive Platform for Intelligent Decisions, which includes a common forecasting engine across all applications, sophisticated predictive analytics, the latest high-performance retail science, and the unlimited elasticity and computing power of the cloud.
"Predictix is providing Crate and Barrel with a set of strategic planning solutions that are unique to our business," said Aaron Rose, senior director, merchandise operations and strategic planning, Crate and Barrel. "We anticipate immediate business results that will benefit our customers, given the agility of the planning solutions and the speed with which the Predictix team has worked to configure and deliver applications that meet our exact needs."
Predictix provides the agility and configurability to adapt to the complex requirements and precise needs of each of Crate and Barrel’s brands and channels — including retail stores, online and catalog sales, franchises, international locations and outlets — while offering a consistent set of solutions to run all aspects of its rapidly growing business.
Value-retailer franchisor takes logical next step
MINNEAPOLIS — Winmark Corporation, franchisor of four value-retail store concepts, is developing a new concept focused on reselling women’s apparel and accessories.
Winmark Corporation operates 968 franchises under the Plato’s Closet, Play It Again Sports, Once Upon A Child and Music Go Round brands, all of which buy, sell, trade and consign gently used merchandise. The franchisor intends to market the new retail concept to savvy and frugal shoppers.
"There has been a major change in the consumer acceptance of gently used merchandise. Winmark Corporation, with nearly a billion dollars a year in sales of these products, has taken a logical next step in providing a retail store selling gently used merchandise to women. Customers that will look for ways to intelligently manage budgets and to keep up with practical and fashionable clothing and accessories will find our new concept the perfect shopping experience. Women’s apparel is an ideal category to further enhance our family of franchised resale brands, and we are excited to share this news with our employees, shareholders and current franchisees," said John Morgan, chairman and CEO, Winmark Corporation.
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Meijer appoints new president
GRAND RAPIDS, Mich. — Meijer has appointed J. K. Symancyk as president, just one year after he was named COO for the Grand Rapids, Mich.-based retailer.
Meijer, a pioneer of the one-stop shopping concept, operates 199 supercenters and grocery stores throughout Michigan, Ohio, Indiana, Illinois and Kentucky.
"I am pleased to introduce J. K. as our next company president," said Hank Meijer, co-chairman and CEO. "J. K. has been a key member of our leadership team, including most recently as our COO, and he has played an important role in the growth and success of Meijer since joining us in 2006."
In addition, Meijer has announced the appointment of Mark Murray to the new position of Co-CEO, where he will serve with current CEO Meijer. In the new role, Murray will serve as a partner in the development of future business strategy with Hank Meijer, Doug Meijer and J. K. Symancyk. Murray will also serve as vice chairman of the Meijer board of directors.
As COO, Symancyk had oversight of retail operations, supply chain, manufacturing, merchandising and marketing. As president, he will oversee all day-to-day business of the company and will report to co-CEOs Hank Meijer and Mark Murray. Symancyk will officially begin his new position on February. 3.
Symancyk joined Meijer in 2006 as VP of perishables. He became EVP of merchandising and marketing in 2007 and accepted the role of COO in 2012.
"Having worked with J. K. in his different roles here at Meijer, we are very confident he is the right leader to help continue our path of growth and expansion," Meijer said. "We are also delighted that Mark Murray will remain a valuable partner in the continued growth of Meijer. Mark and his team have done a tremendous job and have positioned Meijer well for the future."
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