Galeries Lafayette improves flow of goods with Oracle Retail
Redwood Shores, Calif. Oracle announced that Galeries Lafayette has completed the rollout of Oracle Retail applications across the retailer’s 62 department stores in France and Berlin.
To set the stage for ongoing growth, the department store operator has deployed the Oracle Retail merchandising system to centralize control of core merchandising capabilities and improve management and integration of its inventory and replenishment processes. This has supported enhancements within the supply chain to ensure and optimal flow of goods through the network.
The Oracle Retail applications provide the company’s management with accurate information on each of its stores, delivering data on margin at item per store level. This will help Galeries Lafayette to move from retail to cost accounting methods over the next couple of years.
Centralized activities around merchandise accounting, the ordering and receiving of goods, stock levels, supplier management and invoice matching for Galeries Lafayette has also delivered significant improvements in organizational productivity and data accuracy.
Galeries Lafayette manages more than four million items within its department stores and any pricing changes previously created significant transactional volume. The new solution has enhanced retail price control and definition and it now has the capabilities to identify the impact of pricing and manage this process quickly and efficiently.
Safeway promotes ‘The Market’ with swag
SAN JOSE, Calif. Safeway announced that it is promoting its new “The Market by Safeway” store concept in San Jose, Calif., by hosting a three-day “Swag-apalooza event on the San Jose State University campus Jan. 26 to Jan. 28.
Brand ambassadors for The Market will be on campus to inform students about its products and services, the company reported. Students will also have the chance to win such prizes as free pizza, energy drinks and $10 gift cards. Brand Ambassadors will also distribute free music download cards as well as offer students a chance to to win a 50” flat screen TV, Xbox, futon and mini-fridge stocked with food.
The Market was introduced in August, 2009 and occupies 24,000 square feet on the ground floor of The 88 apartment tower, at 2nd and San Fernando in San Jose, Calif.
Best Buy promotes TV deals
MINNEAPOLIS Best Buy this week is promoting deals on televisions and other home theater products.
With the Super Bowl coming soon, Best Buy announced that, through Feb. 6, it is offering the Samsung 46-inch 1080p LED TV (Model: UN46B6000VF) for $1,599.99 — a savings of $900.00. And this week only, customers looking for a complete home theater make-over can purchase that Samsung 46-inch 1080p LED TV, along with a Samsung soundbar and WiFi Bluray player, Rocketfish HDMI cable, and Geek Squad installation for only $1,999.99 — a savings of more than $1,400.00. Both offers, as well as any TV over $999.00, are eligible for three-year financing, free delivery and free recycling.
“For decades, Best Buy has delivered a superior viewing experience for sports fans looking to enjoy game day from the comfort of their living rooms,” says Josh Will, vice president of Home Theater, Best Buy. “We offer in-home consultation, superior product selection and installation services, as well as some of the best values in the industry to give our customers a home theater experience that fits their individual needs.”