Stage Stores enhances POS platform
Parsippany, N.J. Stage Stores has implemented Cornell-Mayo Associates’ Omnistore point-of-sale platform to lengthen the life of its existing hardware and provide remote-management capabilities.
The newest version of Omnistore features a browser-based back office that eliminates the need for client software installation. It also features a modern, lightweight service-oriented architecture that works on both new and old hardware. Advanced features include touchscreens, inter-store item location and sales, and numerous views of store and chain information, including hyperlinks for easy navigation.
In addition to replacing its store system software, Stage Stores has implemented the CMACentral host management and reporting suite, providing a role-based dashboard of important information to central office personnel. The dashboard provides real-time visibility into key details such as watch and audit panes, sales panes, and the ability to monitor key system metrics including credit status, trickled information, and file downloads.
“We have been extremely pleased with what we’ve been able to accomplish with Cornell-Mayo,” said Steven Hunter, CIO, Stage Stores. “Their team delivered an excellent rollout and support plan, and CMA’s solutions provided the functionality we needed without having to rip and replace our existing hardware installation.”
MyShape launches new denim line with Cookie Johnson
LOS ANGELES Online retailer MyShape has launched a new denim line by Cookie Johnson.
CJ by Cookie Johnson was launched by Cookie Johnson, wife of NBA superstar Magic Johnson, and partner Michael Glasser, legendary founder of 7 for All Mankind, Citizens of Humanity, and Rich & Skinny. Also on board is top denim designer, Joie Rucker, formerly of Guess, Levi’s and Rich & Skinny.
Johnson said she was inspired to create the line after not being able to find a premium denim jean that fit her curvy figure. “I know MyShape has a great reputation for helping its customers find the right fit, so it seemed like a natural partnership.”
Hope for home in 2010
Okay, the housing market in most parts of the country is still awful, but there are indications that this spring will see improvements in sales of existing homes. That’s good news for Target and its long-suffering home goods category, which benefits from turnover in the housing market as new occupants tend to remodel and refresh existing homes through the purchase of window treatments, rugs, lighting, table top and other decor items.
“We continue to be encouraged by the improvement in the monthly housing data and we have a cautiously optimistic outlook for the housing market in 2010, although soft underlying demand and elevated foreclose activity remain concerns,” according to Citigroup analyst Deborah Weinswig who follows the home improvement retailers and discounters.
One of the most positive indicators is the fact that sales of existing homes spiked 21.2% in October followed by a 42.1% increase in November of last year as buyers took advantage of record low rates and a first time buyer incentive of $8000. With interest rates still low and the first time buyer incentive program extended and broadened to include other buyers expectations are high that sale of existing and new homes will benefit this spring and that is welcome new for Target home good business even if the outlook for the second half of 2010 is less clear and the federal government can’t offer tax incentives indefinitely.