Raley’s implements Aldata space-optimization solution
West Sacramento, Calif. Atlanta-based space-optimization solution provider Aldata said Tuesday that Raley’s has implemented the company’s Apollo Space Optimization products to develop schematics and planograms for shelf space, according to a report in Supermarket News.
Raley’s, which operates 133 supermarkets in California and Nevada, is deploying Apollo micro space planning, automated optimization, planogram database and Web publishing solutions. The systems develop plans that are specific to each store configuration and allow for the addition, removal and modification of products on a month-to-month and store-by-store or cluster basis.
“Category management used to be a cumbersome, mostly manual process that was ultimately left to the individual stores or merchandising teams to interpret and implement from the most common size schematics,” said Rick McGill, schematic manager for Raley’s. “While sufficient at the time, it was not a precise method for merchandising.”
According to McGill, the Apollo applications are “easy to use and easy to understand and have had a significant impact on our business.”
Olsen twins launch exclusive line for JCPenney
PLANO, Texas JCPenney has launched a new line from Mary-Kate and Ashley Olsen. The exclusive new line, Olsenboye, will be available for a limited time on jcp.com and in select JCPenney stores beginning Nov. 6, with a full launch set for spring 2010.
“Our juniors customers have grown up with Mary-Kate and Ashley and look to them not only as authentic designers, but also as style icons,” said Liz Sweney, EVP and general merchandise manager of women’s apparel at JCPenney. “The launch of Olsenboye brings aspiration and sophistication to our juniors department, while underscoring our commitment to continue to step up our style and offer our younger customers new, fashion-forward merchandise at affordable prices.”
The Olsebboye collection draws inspiration from different cities around the world and includes denim, bottoms, tops, dresses and shoes ranging in price from $20 to $50.
To help promote the new line, an Olsenboye “mobile shop” will drive around New York City offering consumers a chance to experience the brand and purchase merchandise before the launch.
Credit trends point to pressured consumers
The stock market is looking up, and there is talk of the recession being over, but one look at the trends in Target’s credit portfolio reveal that consumers are not out of the woods. The company’s receivables declined 6.8% in September compared with a year earlier, partly by design as the company sought to mitigate its exposure to charge-offs and delinquencies. Charge-offs totaled 14.37% in September, while delinquencies totaled 6.17%.