OPERATIONS

Fred’s Super Dollar launches $1 holiday layaway

BY Staff Writer

Memphis — Fred’s Super Dollar announced that it is launching a holiday layaway plan featuring no fees and a down payment of only $1. The plan also offers a $5 gift card to customers for every layaway purchase totaling $50 or more.

“Fred’s realizes that the current economy presents difficult challenges to its customers and Fred’s wants to offer as much assistance as it can,” said Dave Mueller, senior VP sales and marketing at Fred’s, which operates more than 700 discount general merchandise stores in the Southeastern United States. “That’s why we came up with a layaway plan that – with just one dollar down and absolutely no fees – is unlike any others and will stretch shoppers’ dollars during a time when it will be most welcome.”

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OPERATIONS

Adidas goes live with RedPrairie workforce management

BY Staff Writer

Atlanta RedPrairie Corp., a global supply chain and retail technology provider, announced that Adidas has gone live with RedPrairie workforce management (WFM) at its Singapore retail locations. Adidas will leverage RedPrairie WFM to increase employee productivity and optimize scheduling to help Adidas deliver optimal customer service to Singapore consumers.

The deployment of RedPrairie WFM complements Adidas’ use of RedPrairie Execution Management at approximately 60 retail stores in Singapore, Malaysia, Thailand and the Philippines. Since rolling out the solution in April 2011, Adidas has seen improved corporate-to-store communications and task prioritization that has directly impacted store profitability and conversion rates.

“RedPrairie offers powerful workforce solutions that help Adidas to better serve its customers, increase revenue, effectively manage business processes and compliance, and create new efficiencies for management and employees,” said Dave Cran, director of retail at Adidas Singapore. “Adidas is already seeing a return on investment from our deployment of RedPrairie Execution Management and we feel the deployment of RedPrairie Workforce Management will further increase the benefits customers, employees and stakeholders receive from our partnership with RedPrairie.”

With deployment of RedPrairie WFM now complete in the Singapore market, Adidas and RedPrairie will work together to deploy the solution in stores in Malaysia next.

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OPERATIONS

SecureNet opens new tech center in Austin; also expanding to Silicon Valley

BY Staff Writer

Austin, Texas — SecureNet Payment Systems, a leader in payment processing technology, announced it has opened a new technology and innovation center in Austin, Texas, and revealed plans for a client operations center in Silicon Valley, Calif., later this year. SecureNet is expanding its footprint to house its growing staff, attract top talent and continue its close collaboration with clients in providing the most innovative single source/multi-channel solutions in the payments industry.

Servicing more than 14,000 merchants and $12 billion in annual processing volume, the rapidly growing company plans to hire as many as 200 new employees within the next 12 months. The planned expansion will triple the size of SecureNet’s workforce that will support the company’s growing operations, technology focus and business development efforts over the next year. The expansion into Austin and prospectively Silicon Valley further supports SecureNet’s commitment to being the preferred all-in-one payment management solution for merchants, resellers and financial institutions of all sizes.

“Austin and Silicon Valley are a perfect fit for SecureNet’s future as they are home to top technology talent, are both renowned entrepreneurial centers situated near some existing clients as well as prospects; and move us closer toward being a dominant player in the payment technology market,” said Brent Warrington, CEO of SecureNet.

“SecureNet’s recent success in attracting top talent and accelerating its technology and market advancements is a reflection of Brent’s outstanding leadership of the company,” said Shoshana Vernick, principal at Sterling Partners, the Chicago-based private equity firm that recently led an additional $18 million growth equity investment in SecureNet. “We are pleased to have reaffirmed our commitment to SecureNet and believe their geographic expansion announced today is a significant step forward in tackling this large addressable market’s need for simplification of electronic payments.”

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