News

Sprint’s new service enables any retailer to become wireless carrier

BY Marianne Wilson

Overland Park, Kan. — Sprint Wholesale Solutions announced the launch of Sprint Panorama, a service that leverages industry insights to help retailers expand their appeal to customers by incorporating their own branded wireless service into their list of goods and services. With Sprint Panorama, the Sprint Wholesale Solutions sales team assists brands by addressing their wireless objectives enabling them to seize new opportunities, differentiate and grow through mobility.

After launching a mobile virtual network operator with Sprint, one retail customer has seen a 19% increase in store visits while those customers spent 35% more in-store, according to Spring.

“Providing network access alone to our MVNO customers and turning them loose on the market isn’t going to cut it in today’s competitive wireless landscape,” said Karen Freitag, VP – global sales: wholesale & international at Sprint. “With years of expertise and proven success in enabling MVNOs, Sprint has the vision and ability to diagnose the most difficult wireless challenges for brands and turn them into a winning financial opportunity.”

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SAS and 360pi team up to help retailers price right

BY Marianne Wilson

Ottawa, Canada — 360pi, a leading provider of retail price and product intelligence, announced a collaborative effort with SAS, a leader in business analytics software and services. The goal is to allow retailers who combine 360pi’s competitive price intelligence with SAS’ revenue optimization engine to gain full real-time visibility into competitive pricing to make more profitable pricing decisions.

SAS’ revenue optimization engine will receive a feed of real-time competitive price intelligence from 360pi’s 360price solution, in turn helping retailers optimize pricing and promotions. Armed with a powerful automated decision engine that takes into account daily price changes on millions of products by hundreds of competitors, retailers are able to right-price to any market at any time.

"Competitive intelligence is a vital element in pricing decisions," said Kevin MacDonald, SAS retail product manager. "The combination of 360pi’s best-in-class competitive price intelligence with our pricing and analytics technology will help drive increased revenues and margins for retailers."

"The 360pi team is excited to work with SAS to empower retailers to make more profitable pricing decisions on thousands of products daily," stated Alexander Rink, CEO of 360pi. "SAS has a stellar reputation in the industry and serves a who’s who roster of clients, such as Staples, Macy’s and Vistaprint. 360pi’s competitive price intelligence and insights, combined with the SAS revenue optimization suite, form a potent combination that will deliver compelling benefits for any retailer."

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OPERATIONS

Target interim CEO: Customers can shop with confidence

BY Marianne Wilson

New York — John Mulligan, the interim CEO of Target, said he wants customers to know they can shop with confidence at Target. Mulligan made his remarks during a TV interview with CNN’s Poppy Harlow (See video below).

Mulligan, CFO of Target, was named as the interim CEO on Monday. He replaced company veteran Gregg Steinhafel, who departed the chain as it deals with the ongoing aftermath of its data breach.

Mulligan made it clear during the interview that even though he is only a temporary chief executive, the company will move forward as it looks for a permanent CEO.

"Interim is not idle," he said.

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