MC Sports selects JDA Software to help increase revenue and reduce inventory levels
Scottsdale, Ariz. — JDA Software Group announced that MC Sports, which operates more than 70 stores in seven Midwestern states, selected JDA Allocation and JDA Size Scaling to help increase revenue while reducing inventory levels.
During the selection process, JDA’s Strategic Services Consulting Group worked closely with MC Sports, evaluating existing systems and processes to determine which solutions would have the biggest impact on their business, with allocation and sizing emerging as having the best potential to drive increased revenue for the business.
“Over the past 18 months, MC Sports conducted a broad review of technology platforms capable of enhancing our merchandise allocation strategies,” said Bruce Ullery, president and CEO, MC Sports. “Through this review, our goal was to identify the platform best suited to increase the effectiveness of our allocators and provide the business intelligence necessary to manage a size intensive product mix. We believe JDA solutions will provide the tools necessary to improve in-stock positions, increase turns, raise gross margins, and ultimately increase revenues for our company.”
JDA Allocation enables the creation of accurate, store-specific allocations based on any combination and level of demand, plan and historical performance data. JDA Size Scaling can help businesses with the assortment, ordering, manufacturing, distribution and replenishment of properly sized products in order to optimize an overall inventory.
Nordstrom to offer free shipping on all orders
Seattle — Nordstrom announced it is now offering free standard shipping and returns from Nordstrom.com — every day, for online orders of every size. The company said it is broadening its online free shipping and returns policy to all customers in an effort to improve the online shopping experience.
Previously, Nordstrom offered free shipping for online purchases above $200 or through special promotional offers. The new policy applies to Nordstrom.com orders shipped within the United States regardless of the amount or size of the orders.
"Free shipping is reflective of how customers increasingly want to shop online and we hope this change makes it easier and more convenient to shop with us," said Jamie Nordstrom, president of Nordstrom Direct. “We look forward to adding more features and functionality as we continue to improve the online experience."
Irene’s retail winners
Home Depot and Lowe’s may receive a 1% bump to their third-quarter results as a result of Hurricane Irene sales, according to an analysis provided by MarketWatch.
A variety of retail analysts weighed in on the question of whether Irene would help or hurt retail sales, given that many stores were forced to close when evacuation orders came. But the overall consensus was that before-and-after hurricane sales will benefit home improvement retailers, while negatively impacting department stores, specialty stores and any retailer relying on back-to-school sales.
Home Depot sent 500 trucks of merchandise to stores in the potentially affected areas, although some of its vendors were asked to ship items like plywood and waters directly to stores.
Lowe’s also shipped more than 500 trucks loads to its stores in the hurricane zone, according to the report.
Both home improvement chains kept stores open extended hours. In the coastal parts of North Carolina and Virginia, some Home Depot locations were open 24 hours.
Analyst David Schick of Stifel, Nicolaus & Co. predicted that Irene-related sales would boost comp-store sales at both Home Depot and Lowe’s by one percentage point each in the third quarter. Because of differences in their regional store concentrations, the more Southern landfall and impact would be “slightly more meaningful” to Lowe’s sales due to store concentration.
Citigroup analyst Deborah Weinswig said her data showed that, throughout the whole hurricane-affected region, Home Depot had the second highest exposure (after supermarket chain Supervalu) at 31%. Lowe’s stores had a 26% exposure.