Office Depot sells Japan business
Boca Raton, Fla. — Office Depot said Thursday it will sell its Japan business to Japanese distribution company Kakuyasu.
The transaction also includes an agreement for Kakuyasu to license Office Depot’s trade names, obtain sourcing services and continue to support Office Depot’s global customers in Japan. Kakuyasu is one of the fastest growing and leading multichannel businesses in Japan with fiscal-year 2009 sales of $775 million.
Financial terms of the transaction were not disclosed. Office Depot established operations in Japan in 1996 but has not had any stores in the country since selling them off in 2009.
“We believe the combination of Office Depot’s brand, merchandising and sourcing capabilities, coupled with Kakuyasu’s multi-channel business, distribution network and local expertise, will significantly strengthen our competitive position in this market,” said Charlie Brown, president of the International Division of Office Depot.
Promotional efforts examined
Looking for insight into promotional efforts at Walmart and other retailers? Check out the new series of reports from ECRM at a newly launched website at www.promotionalreflections.com.
According to ECRM, the new resources provide a unique perspective on retail promotions from Walmart, Kroger, Walgreens, Safeway, Best Buy, OfficeMax, Aldi, and 160 additional retailers in the U.S. and Canada. Promotional Reflections reports examine holiday promotions, key product categories, and retail channels. Using data from ECRM’s Ad Comparisons database, data is analyzed to offer unique insights into how retailers advertise brands. The reports include trends, key findings, share of ads, creative strategies, top categories promoted, retail circular comparisons, and more.
Reports released recently include the following: Halloween, Thanksgiving, Black Friday, and Perishable Foods. ECRM plans to release reports on topics relating to Holiday Shopping, Pet Supplies, Health & Beauty, Super Bowl, Back-to-School and more throughout 2011. The Promotional Reflections reports can be found at www.promotionalreflections.com.
More information storage muscle
Teradata, the data warehousing and enterprise analytics leader, has a new deal with Walmart to help the retailer store, manipulate and analyze the expanding volume of information that results from selling more than $400 billion worth of goods annually.
The agreement includes an upgrade and expansion of Walmart’s data warehouse environment to provide next-generation capabilities in addition to a 50% reduction in floor space required and a 40% reduction in energy consumption. The planned expansion includes a data warehouse technology refresh program designed to keep Walmart’s data warehouse on the leading edge of technology adoption. The agreement also includes a research and development relationship to strengthen the company’s competitive retail advantage.
“As this partnership is expanded, we will be able to leverage scalability, processing power, and storage capacity, along with software enhancements,” said Jose Hernandez, Walmart’s chief technology officer and SVP of infrastructure. “Consistent with our sustainability initiatives, this expansion will result in a significant reduction in our data center power and cooling footprint.”