Crutchfield adopts new in-store pricing solution
Charlottesville, Va. – Crutchfield Corp. has adopted the new integrated 360pi-Displaydata solution to realize in-store dynamic pricing. 360pi is working with Displaydata to incorporate Electronic Shelf Labeling (ESL) to give physical stores the ability to employ dynamic pricing.
The new solution is designed to provide retailers with the ability to automate and increase the frequency of in-store price updates without the cost, time, effort and error associated with manual price changes
"We are committed to providing our customers with the best value, and the combination of 360pi’s best in class price intelligence with Displaydata’s electronic shelf labels, is central to our ability to deliver on this promise," said Jeff Bingaman, CIO, Crutchfield Corp. "We take care of the showrooming for our customers, which lets them focus on selecting the best product for their needs. Enhanced customer trust translates to increased store conversions, shortened sales cycles, and more repeat business."
Stein Mart promotes two execs to new role of president
Jacksonville, Fla. – The board of directors of Stein Mart Inc. has created the office of the president and have appointed D. Hunt Hawkins and Brian R. Morrow to share that office. Both will continue to report to Jay Stein, CEO.
Hawkins joined the company in 1994 as senior VP, HR. and has served as executive VP/COO in 2011. Morrow joined the company in 2010 as executive VP/chief merchandising officer. Prior to joining the company, Morrow served as senior VP/general merchandising manager with Macy’s North/Marshall Field’s from February 2005 to May 2008.
"Hunt and Brian have made significant contributions in the success of the Company," said Stein. "Their promotions are a testament to their leadership that has built a team that has produced seven consecutive quarters of comp store gains, a dramatic departure from the achievements of past management, and reflect the confidence the board and I have in them."
Finish Line increases ownership in Running Specialty Group
Indianapolis – The Finish Line Inc. Gart Capital Partners (GCP) have agreed to Finish Line increasing its ownership in Running Specialty Group (RSG). GCP will retain an ownership position in RSG, maintain two positions on the RSG board of directors and will continue to provide leadership in ongoing business development opportunities.
RSG also announced today the appointment of Bill Kirkendall as president. He will assume management of the day-to-day operations at RSG from Gart Companies. Kirkendall served as a member of Finish Line’s board of directors since 2001 until his resignation April 24, 2014. Terms of the agreement were not disclosed.
“With the Gart’s leadership, we have almost tripled the number of stores under the RSG banner,” said Finish Line chairman and CEO Glenn Lyon. “We have invested time and energy into learning about RSG’s customers, business plan and operations since acquiring the original chain and are taking our next step in the management of the business. The Gart’s involvement has been pivotal in RSG’s acquisitions and growth to date. We are at a milestone where with Finish Line’s increased ownership, we will take our running specialty platform to a new level.”