STORE SPACES

Gridiron Capital acquires Quality Solutions

BY Staff Writer

New Canaan Conn. — Gridiron Capital, LLC, in partnership with the founder and existing management team of Quality Sollutions Inc. announced the acquisition of QSI.

Headquartered in Wichita, Kansas, QSI is a leading manager of facility services for retail and foodservice customers in the United States, Canada and Puerto Rico. Through a network of over 23,000 local vendors, QSI provides a range of over 75 trades including electrician, handyman, and HVAC repair to over 9,000 client locations. The company also offers customers unique national project management and light construction capabilities, coordinating jobs such as remodels, retrofits and rollouts across hundreds of client locations.

Gridiron will support QSI’s management team as it maintains the company’s emphasis on developing excellent customer and vendor relationships, while positioning QSI to be the provider of choice for national scale customers.

Eric Dunn, chairman and founder of QSI stated: “QSI has been successful because of our unwavering commitment to our customers, vendors and employees. We are partnering with Gridiron because I believe that they share our company’s core values and bring with them the operating expertise and financial resources to help QSI reach the next level of success.”

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 ...
OPERATIONS

K3 Retail launches alliance with JustEnough Software

BY CSA STAFF

Newport Beach, Calif. — K3 Retail, the U.K.’s largest provider of solutions based on Microsoft Dynamics, has formed an alliance with JustEnough Software, a leading provider of demand management solutions, to help retailers more effectively plan financials, assortments, markdowns, promotions and allocations with flexibility, accuracy and ease.

JustEnough’s merchandise & assortment planning, price & markdown planning, promotions planning & analysis, space planning and allocation & replenishment solutions are fully integrated with Microsoft Dynamics AX. As a result, users can more effectively plan assortments and markdowns, maximize selling-space effectiveness, allocate products to the optimal stores and replenish inventory with accuracy.

The JustEnough retail planning solutions are designed to help retailers avoid stock-outs, over-stocks, lost sales and dissatisfied customers. Retailers that leverage JustEnough’s technology can expect to improve profitability and grow market share.

John Little, sales director at K3 Retail, commented: “The ever-growing U.K. market for planning and forecasting tools allows K3 to deliver the ultimate merchandising and planning solution to the retail sector on the Microsoft Dynamics AX 2012 platform.”

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 ...
OPERATIONS

Nielsen: Top five retail apps and websites

BY Marianne Wilson

New York — During the 2011 holiday season, the top retail apps and websites combined — Amazon, Best Buy, eBay, Target and Walmart — reached nearly 60 % of smartphone owners, according to Nielsen.

“The majority of smartphone owners used their devices for shopping this past holiday season,” said John Burbank, president of strategic initiatives at Nielsen. “Mobile shopping has reached scale and is only going to grow as smartphone penetration continues to rise.”

Nielsen’s metering of the smartphones of 5,000 U.S. volunteers participating in Nielsen’s mobile research also revealed the following:

  • Smartphone owners of both genders prefer retailers’ mobile websites over mobile apps, with men slightly more likely to try retailers’ mobile apps than women. However, consumers who use retailers’ mobile apps tend to spend more time on them.
  • Target and Walmart skew female when it comes to their mobile websites, while Best Buy skews male. Amazon and eBay appeal to both genders.
  • All of the top five mobile retail websites experienced a “bump” during the days leading up to and following Black Friday, led by Amazon. This seasonal lift did not translate into an increase in regular usage, however. By January, active reach was back to October 2011 levels.

“Retailers need to think of their business as a multichannel environment that can potentially include mobile, online, and brick-and-mortar stores,” said Burbank. “Winning with shoppers requires a consistent experience across channels that reinforces the values you represent as a retail brand, whether it be price, service, reviews, selection, style, or other key attributes.”

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 ...