News

Family Dollar selects AccessVia solution for shelf-edge signs and label

BY Marianne Wilson

Seattle — Family Dollar Stores has selected AccessVia Web dSignShop software-as-a-service (SaaS) to print shelf-edge signs and labels in their stores. The solution is designed for retailers who want to outsource implementation, maintenance and support activities. Using data from a central source, Web dSignShop SaaS delivers print and digital promotions to stores for immediate availability and high-speed production via the Internet.

With 7,100 stores in 45 states, Family Dollar not only required a solution they could implement quickly, but also a fast and highly scalable system to handle their sign-printing volume across such a large enterprise.

“This Family Dollar deployment is an exciting validation of the scalability of our cloud-based platform,” says Dean A. Sleeper, CEO at AccessVia. “Plus, for a retailer like Family Dollar whose needs will only grow over time, an enterprise cloud solution allows them unlimited headroom for expansion.”

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FINANCE

DLC, Hutensky acquire Walmart Plaza

BY Katherine Boccaccio

Derby, Conn. — DLC Management Corp. and Hutensky Capital Partners have announced a joint-venture acquisition of Walmart Plaza, a 199,393-sq.-ft. shopping center in Derby, Conn.

Anchored by Walmart, Adams Hometown Market and CVS, the center adds to DLC’s Connecticut holdings of nine shopping centers and 1.4 million sq. ft.

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FINANCE

Dick’s sees 53% profit surge in Q1, raises outlook; to open 40 stores in 2012

BY Katherine Boccaccio

Pittsburgh — Dick’s Sporting Goods Inc. reported Tuesday that profit for the quarter ended April 28 surged 53% to $57.2 million, compared with $37.5 million for the year-ago period. The sporting goods retailer raised its earnings outlook for the year.

“For 2012, we are raising our full year guidance as we continue to invest in new stores and our e-commerce business, as well as our margin accelerators including inventory management, private brands, and product mix shift,” said Edward W. Stack, CEO.

Revenue for the quarter rose 15% to $1.28 billion from $1.11 billion last year, surpassing Wall Street expectations of $1.23 billion. Same-store sales increased 8.4% — up 7.3% at namesake stores and up 12.6% at Golf Galaxy.

Dick’s said it is on track to open four Dick’s Sporting Goods stores in the current quarter, and 40 namesake stores in 2012. Five Dick’s stores will be relocated and two Golf Galaxy stores will be repositioned in 2012, said the company.

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