Tractor Supply outsources data center hosting to Peak 10
Charlotte, N.C. — National IT infrastructure and cloud solutions provider Peak 10 Inc. has been selected to host the data center of Tractor Supply Co., the largest retail farm and ranch store chain in the United States.
Tractor Supply is leveraging 24/7 staff in Peak 10’s Nashville, Tenn., facility to maintain its data center environment. By bolstering its IT operations with Peak 10’s data center facilities and best-of-breed technologies, the retailer can support its growth plans, increase its agility, lower costs, improve performance and focus its internal resources on its core competency, retail.
“Our relationship with Peak 10 provides us with best in class IT infrastructure that is both highly available and conveniently located,” said James Callison, chief information officer for Tractor Supply Co., which operates more than 1,151 stores nationwide. “With our data center environment securely set up at Peak 10 Nashville, we are now able to dedicate our efforts to expanding our retail services for our customers knowing that our mission-critical data is in trusted hands.”
Peak 10 offers TSC the ability to flexibly and cost-effectively support its need to scale the business as it grows without significant capital expense.
Facebook friends retailers with new gift card program
SAN FRANCISCO — Target has found a new friend in Facebook, as the retailer has become one of the first businesses to participate in the social network’s new gift card program.
According to a Reuters report, consumers can buy cards for their Facebook friends for use at four different businesses including Target, LVMH Moet Hennessy Louis Vitton SA’s Jamba Juice and Darden Restaurants Inc’s Olive Garden.
Citing Facebook’s earnings conference call, Reuters reported that Facebook is not expecting to generate substantial revenue from this service in the near term, but sees long-term potential for the program.
Click here for the full story from Reuters.
Rite Aid comps up on strong flu season
CAMP HILL, Pa. — Rite Aid reported a slight increase in same-store sales for the month of January, thanks in part to strong sales of flu products.
The company posted a 0.3% increase in comps for the month of January, tat includeda 4.2% increase in front-end comps, 2.4% of which came from sales of OTC flu products. Pharmacy comps decreased by 1.4%, while same-store prescription count increased 5%, 3.4% of which came from flu-related prescriptions and flu shots. Total store sales for the four-week period, which ended Saturday, decreased 0.5% to $1.914 billion.
The retailer’s January comps beat analyst estimates, particularly on the front end. Guggenheim Securities had forecast a 0.5% decrease in front-end comps, as well as a 2.5% decrease in pharmacy comps and a slightly larger decrease in overall comps.
The retailer also announced the appointment of Yong Choe as VP federal affairs and public policy. Choe previously served as director of business outreach and member services for the Republican Study Committee, chaired by Rep. Jim Jordan of Ohio, and worked in various roles in the government affairs division of the National Association of Chain Drug Stores between 2003 and 2010. In his new position, he will report to EVP pharmacy Robert Thompson.
"Yong’s experience in public policy, coupled with his knowledge of the retail pharmacy industry, makes him a true asset to Rite Aid’s government affairs team," Thompson said. "We are excited to have him on board, especially given the ever-changing healthcare landscape and the many new healthcare laws set to take place this year. We look forward to his many contributions as we continue in our mission to deliver a superior experience to our pharmacy customers."