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Niemann Foods deploys Retalix HQ

BY CSA STAFF

Dallas Retalix said Tuesday that Niemann Foods of Quincy, Ill., has selected Retalix HQ to replace the grocer’s legacy pricing system at 36 supermarkets it operates under the County Market and Cub Foods banners in Illinois, Missouri and Iowa.

Niemann Foods will also utilize two additional Retalix HQ modules, including Category Analyzer for item/profit movement analysis and Bill Back Manager for capturing earned promotional dollars from suppliers.

“We needed a new price management system that could give us the automation and efficiency needed to reduce operating costs and maintain our competitive edge,” said Larry Schaffer, director of information technology at Niemann Foods.

Niemann Foods operates 84 retail grocery stores in the Midwest region.

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99 Cents Only posts 3Q sales growth

BY CSA STAFF

COMMERCE, Calif. 99 Cents Only Stores reported that total sales for its fiscal 2009 third quarter increased 8% to $351.1 million from $325 million for the same quarter last year.

The company reported a same-store sales increase of 4.2%.

 

Eric Schiffer, CEO of 99 Cents Only Stores, stated, “We are pleased with our solid third quarter sales performance, which underscores the strength of our business model and ability to attract new customers and achieve strong sales results in a challenging consumer economic environment. The increase in traffic from new and existing shoppers helped lead to an increase in both average ticket and the number of transactions in the third quarter. We believe that a growing number of shoppers are attracted to our deep value proposition and turning to our stores for more of their everyday household needs including many perishable and other consumable items.”

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500 agree to Best Buy buyout

BY CSA STAFF

MINNEAPOLIS About 500 employees at Best Buy’s headquarter’s agreed to take voluntary buyouts, the company reported, representing a 12.5% reduction in work force.

Best Buy said that based on the number of employees who accepted the offer, it expects to recognize in its fiscal fourth quarter a charge of approximately $60 million for this voluntary program.

The program was announced in mid-December as part of Best Buy’s plans to reduce future non-customer facing expenses.

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