REAL ESTATE

dd’s Discounts to open first New Jersey store

BY Marianne Wilson

Dublin, Calif. — dd’s Discounts, a division of Ross Stores, will open its first store in New Jersey, in the town of Ewing, on June 28.

Including this new location, dd’s Discounts will operate approximately 140 locations in 11 states. The company is on schedule to complete its expansion plan to open approximately 20 locations in 2014.

Together, Ross Dress for Less and dd’s Discounts currently operate over 1,300 off-price apparel and home fashion stores in 33 states, the District of Columbia and Guam.

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INVENTORY

Patagonia taps 7thonline to achieve seamless inventory across all channels

BY Marianne Wilson

New York — As part of a strategic move towards achieving seamless inventory management in an omnichannel retail environment, eco-friendly outdoor apparel retailer and wholesaler Patagonia has extended its partnership with 7thonline to support merchandise and assortment planning for its brick-and-mortar stores and e-commerce channel.

With 7thonline supporting all of its wholesale, retail and e-commerce channels, Patagonia is on track to move from a siloed, Excel-based environment to a single planning and forecasting platform. For the first time, Patagonia will gain complete visibility into global demand across all channels and geographic regions — a major bottleneck to delivering seamless inventory for many retailers.

The enhanced visibility, flexible planning capabilities, and powerful analytics will enable Patagonia better leverage its global brand appeal and translate that into winning assortments and greater inventory productivity across global markets.

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News

Clear Demand, 360pi partner on real-time price management

BY Dan Berthiaume

Scottsdale, Ariz. – Big Data pricing solution vendor Clear Demand is partnering with competitive price intelligence provider 360pi. Under this joint initiative, 360pi’s real-time price intelligence is fed into Clear Demand’s pricing platform, which in turn alerts retailers to competitive price changes, including compliance with product-line and pricing rules, and helps manage competitive price strategy.

“We collect billions of pricing and product data points for our retail clients – that’s big data,” said Alexander Rink, 360pi’s CEO. “Increasing price transparency and price dynamism across categories means these numbers are growing exponentially, adding to the challenge facing retailers. We are extremely pleased to work with retail pricing and analytics leader Clear Demand to help retailers understand what’s happening, and then take effective and sustainable action in near real-time.”

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