Red Apple chooses Teradata for database-driven business insight
Dayton, Ohio Teradata Corp., the world’s largest company solely focused on data warehousing and enterprise analytics, announced that Red Apple, a leading supermarket-convenience store chain and fuel distributor based in New York, has selected a Teradata Data Warehouse Appliance and related services to deliver integrated, enterprise-class business intelligence.
“Red Apple is taking a proactive approach to growing our business insight amid the rising complexity of data across our markets — leveraging a Teradata data warehouse appliance with Microsoft Business Intelligence and Workflow. This will accelerate enterprise intelligence to our system users — and has already proven its power to increase performance for us,” said Chris McCrae, chief information officer, Red Apple, whose holdings include the 36-store Gristede’s Foods.
The data warehouse appliance platform will provide detailed information for business critical reporting and decision making, which includes complex analysis — much faster and more accurately than before, according to Taeradata. The infrastructure deployment will involve consolidating data from multiple sources across the organization into one integrated, centralized data warehouse. Benefits include economic savings, near-real time access to actionable information, and smooth system scalability as Red Apple requirements for deep data visibility grow.
“Query performance in particular has dramatically improved,” McCrae said. “We’ve seen tough queries that once took much time and manual intervention — now receiving responses in just seconds.”
Hibbett reports strong quarter, raises FY guidance
BIRMINGHAM, Ala. Hibbett Sports reported that net sales for the 13-week period ended July 31, increased 13.6% to $139.8 million compared with $123.1 million for the 13-week period ended Aug. 1, 2009. Comparable-store sales increased 11.9%, making it the second straight quarter the company has produced double-digit comparable-store sales growth. Net income for the second quarter of fiscal 2011 increased 261.9% to $4million compared with $1.1 million for the second quarter of fiscal 2010. Earnings per diluted share increased 257% to 14 cents compared with 4 cents for the second quarter of fiscal 2010.
Net sales for the 26-week period ended July 31, 2010, increased 15.5% to $324.3 million compared with $280.8 million for the 26-week period ended Aug. 1, 2009. Comparable-store sales increased 13.4%. Net income for the 26-week period ended July 31, was $21.4 million compared with $12 million for the 26-week period ended Aug. 1, 2009. Earnings per diluted share increased 75% to 73 cents compared with 41 cents for the 26-week period ended Aug. 1, 2009.
Jeff Rosenthal, president and CEO, stated, “This was a tremendous first half of the year for Hibbett with earnings already equaling what we achieved in the first three quarters last year. Based on our strong second quarter and year-to-date performance, coupled with continuing strong comparable store sales trends into the third quarter, we are raising our expectation for fiscal 2011.”
The company increased its earnings guidance for fiscal 2011 to a range of $1.45 to $1.55 per diluted share based on a mid- to high-single-digit increase in comparable-store sales in the second half of the year.
Whole Foods launches wellness app
AUSTIN, Texas Whole Foods Market announced that its Missions App is available on the App store. As a part of the company’s ongoing mission to promote wellness and encourage healthier lifestyles, the Whole Foods Market Missions App will help users eat better and live better, the company reported.
The app provides users with more than 70 challenges, or “missions,” that they can engage in to earn badges and share their progress with friends via Facebook, Twitter and email, Whole Foods reported. The app also provides tips on on nutrition, food selection, storage and cooking as well as a store locator.
“At Whole Foods Market our shoppers often come to us for advice on how to take charge of their health,” said Chad Sarno, global “Health Starts Here” culinary educator for Whole Foods Market. “The Missions App helps iPad, iPhone and iPod touch users incorporate healthy foods, exercise, and more through simple, everyday steps.”