MARKETING/SOCIAL MEDIA

Survey: More than half of homeowners plan improvements in 2014

BY Dan Berthiaume

Atlanta – With consumer confidence and the real estate market on the rise, many homeowners are ready to begin home remodeling or maintenance projects. According to an online survey conducted on behalf of SunTrust Banks Inc. by Harris Poll, 56% of homeowners plan to spend money on home improvement projects this year.

More than a quarter of homeowners (27%) indicated they will invest in an outdoor area such as a patio, deck, pool or landscaping in 2014. Bathroom remodels (17%), home repairs such as a new roof or HVAC systems (16%) and kitchen remodels (11%) were cited next. About 5% of homeowners plan to add square footage, and another 5% intend to complete a basement/attic remodel. Of those who plan to spend money on home improvements this year, 20% plan to spend $10,000 or more, according to the survey.

"People may no longer be as nervous about investing in their homes," said Gary Miller, business head of LightStream, a national online lending division of SunTrust Bank. "With the economy picking up and homes beginning to increase in value, the home improvement loan category has been energized."

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
SUPPLY CHAIN

European retailers select GT Nexus for transportation control

BY Dan Berthiaume

Oakland, Calif. – The Society for Research of Synergies (SRS) and its company members will place their supply network onto the GT Nexus platform to optimize global transportation costs representing $247.7 million per year. SRS is a global synergy organization representing the interests of 20 European retailer groups, including Groupe Auchan, Groupe ADEO, Pimkie, Orsay, Kiabi, Happychic, H.T.M., Mobivia, Ephigea and Tapis Saint Maclou.

SRS will migrate from an outdated home grown transportation sourcing solution to an automated and integrated environment that provides visibility into a single set of transportation data. Collaborative processes using GT Nexus enable SRS and its trading partners to seamlessly submit orders, monitor carrier responses, view analytics and optimize spend. Contract rates, service levels, carrier awards and amendments are managed in a shared electronic network to deliver visibility into transportation execution data. SRS will also be able to conduct its transportation negotiations based on real and actual data to further improve cost savings.

“We operate SRS as a centralized organization designed to optimize processes and leverage synergies for transport activities among more than 30 affiliates,” said Olivier Richard, transport manager of SRS. “GT Nexus enables us to consolidate complex demands from numerous organizations and handle multi-brand transportation forecasts, while delivering and servicing various product categories. Our vision is multi-modal transport visibility across all brands and product lines that will allow us to optimize our transport spend while operating a smarter, more agile supply network.”

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
FINANCE

Rite Aid acquires Health Dialog Services Corp.

BY Staff Writer

Camp Hill, Pa. — Rite Aid on Tuesday announced it has acquired Boston-based Health Dialog Services Corp., a provider of health coaching, shared decision making and healthcare analytics from Bupa, a London-based international healthcare services group. Through the acquisition, Health Dialog will operate as a wholly owned subsidiary of Rite Aid.

Rite Aid’s acquisition of Health Dialog will also support and advance Rite Aid Health Alliance, a health management collaboration among various healthcare providers who deliver comprehensive care and support to individuals with chronic and poly-chronic health conditions. Health Dialog has been working closely with Rite Aid over the past year as the program has been developed, and currently provides care coaches for Rite Aid Health Alliance.

"This acquisition will provide Health Dialog with an expanded footprint to grow its existing business as well as further leverage the company’s coaching services’ expertise as we work to bring Rite Aid Health Alliance to more Rite Aid markets and customers," stated John Standley, Rite Aid chairman and CEO. "Additionally, we will benefit from Health Dialog’s industry-leading analytics and shared-decision making tools, helping us to better serve the health and wellness needs of our customers and further develop our pharmacy services as a growing retail health care company."

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...