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Report: Blockbuster may try to sell itself

BY CSA STAFF

New York City — Blockbuster plans to put itself up for sale after a disagreement with its creditors, according to a Wall Street Journal report.

The report, which cited unnamed sources, said the chain could not agree with creditors on a plan to get cash to help it exit bankruptcy protection. According to the Journal, a bidder could offer more than $300 million for the chain plus assuming debt and leases.

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Key Talbots executive leaving

BY CSA STAFF

Hingham, Mass. — The Talbots said in a regulatory filing that key executive John Fiske is leaving the company.

Fiske, 46, was named the chief stores officer of the company in March 2009 after serving as a human resources executive. He was part of a management team that was put in place to improve business results.

Talbots has been struggling in its turnaround efforts. The company cut its guidance last month after a weak holiday shopping season.

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Urban Outfitters selects MID Retail’s Advanced Allocation Software

BY CSA STAFF

Indianapolis — MID Retail announced Urban Outfitters has selected MID Advanced Allocation Software to forecast and distribute merchandise for all store locations across its Urban Outfitters, Anthropologie, and Free People brands. The MID solution was designed to help multi-store, multi-sku retailers increase accuracy, efficiency and profitability. The system includes both pack and size optimization modules for accurate sku-level allocation and replenishment.

The Urban Outfitters brands differentiate themselves by offering a unique product assortment in a distinctive environment in their 350 stores throughout North America and Europe and through catalogs and websites.

After reviewing a number of allocation options, the company selected MID’s Advanced Allocation Software based on its robust functionality and proven technology.

“We’ve worked with the MID team over the past two decades,” said Denise Albright, executive director of planning and allocation for Anthropologie. “They’re an extremely progressive company that has a great reputation for successful installations, and we feel confident in their ability to meet both our current and future needs.”

According to MID Retail, the Advanced Allocation Software system will enable Urban Outfitters to significantly refine allocation decisions across all brands at all locations right down to the style, color and size levels.

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P.Banik says:
Mar-25-2013 10:29 am

The software would definitely help in bringing success to the venture. From planning to execution in every step of the way you must have all the technical aids that help you make the presentation and promotion of your products and services efficiently to the consumers.

P.Banik says:
Mar-25-2013 10:29 am

The software would definitely help in bringing success to the venture. From planning to execution in every step of the way you must have all the technical aids that help you make the presentation and promotion of your products and services efficiently to the consumers.

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