News

Family Dollar taps RetailSense for marketing software

BY Staff Writer

Tampa, Fla. — RetailSense, a marketing software company that accelerates retail and agile marketing processes, announced that Family Dollar Store has signed a multi-year contract with Retail Sense. This new partnership includes the implementation of the latest release of IntelliSense marketing resource management solutions.

“We rely on our partners, like Retail Sense, to deliver innovative products to support our growth and success so that we can focus on communicating our value message to our customers,” said Jocelyn Wong, SVP and chief marketing officer at Family Dollar. “This new partnership will help us manage all of the moving parts of our marketing campaigns and assist us in managing our marketing resources.”

To enable fast, fact-based marketing decisions, the IntelliSense marketing resource management (MRM) tool provides customizable dashboards for executives, merchandising and individual team members to access financial reports and historical information. By connecting merchandising, marketing and other departments, the integrated system eliminates redundancy and manual labor and improves planning for thousands of Family Dollar promotional programs. In addition, the improved data integrity results in greater accountability and better cost management.

keyboard_arrow_downCOMMENTS

Leave a Reply

A.Sturdee says:
Apr-22-2013 01:03 am

I’m pleased to know that your
I’m pleased to know that your online marketing is working well and that there are still plenty of competitors to arrive. You still need to think what can make you and your products, promotion will do for you to remain on top.

A.Sturdee says:
Apr-22-2013 01:03 am

I’m pleased to know that your online marketing is working well and that there are still plenty of competitors to arrive. You still need to think what can make you and your products, promotion will do for you to remain on top.

buangsila001 says:
Mar-30-2013 06:25 am

The partnership with this to
The partnership with this to companies will definitely boast their performance in term of sales. This will also make the job so easier. Congratulation. - Steven Wyer

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
FINANCE

Toys ‘R’ Us profit and sales down in Q4 and full year; withdraws IPO plan

BY Marianne Wilson

Wayne, N.J. — Toys “R” Us on Friday reported that its sales and profits declined in the fourth quarter and the full year. The company also revealed in a regulatory filing with the U.S. Securities and Exchange Commission that it is withdrawing its plan to go public, blaming “unfavorable market conditions” and its “executive leadership transition” for the decision.

Toys “R” Us CEO Gerald Storch, who has held the position since 2006, announced last month he plans to step down. He will remain as chairman.

Profit in the quarter ended Feb. 2 fell 30% to $239 million amid a 35% jump in interest expense.

For the full year, due to losses in the first three quarters, net earnings were $38 million, down from $149 million.

Total sales for the fourth quarter dropped 2.6% to $5.77 billion for the quarter, down $155 million compared to the prior year. By segment, the company’s domestic division reported sales of $3.5 billion, down 2.1% versus the prior year. Same-store sales fell 4.5%.

In the international segment, the company’s sales fell 3.4% to $2.3 billion, with a 5.4% decline in same-store sales. (The chain’s reporting period for the fourth quarter included 14 weeks compared to 13 weeks in the prior year, with the extra week accounting for net sales of approximately $95 million.)

For the full year, net sales were $13.5 billion, compared to $13.9 billion in the prior year.

“We are pleased with the overall operating results our team delivered in 2012, particularly the growth in operating earnings in the United States, while our international operating earnings were impacted by the challenging global economic environment, predominantly in Europe and Japan,” Storch said in a statement. “The change in net income for the year was mainly attributable to costs associated with our successful debt refinancing and an increase in income tax expense."

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
REAL ESTATE

Crossroads Cos. names leasing head

BY Katherine Boccaccio

Mahwah, N.J. — Crossroad Cos. announced Thursday that it has named Carlo J. Caparruva as EVP of leasing services, charged with overseeing all leasing activities related to Crossroads’ development projects and existing portfolio, as well as third-party real estate services.

Crossroads’ portfolio encompasses approximately 700,000 sq. ft. of grocery-anchored shopping centers and free-standing single net-leased properties throughout New Jersey and Rockland County, N.Y. The company said it is focusing on expanding its market presence in Central and Northern New Jersey as well as Rockland and Orange counties in New York.

Caparruva previously served as a director with Fameco Real Estate and as a principal and broker of record with Fidelity Properties.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...