FINANCE

Tuesday Morning Q4 sales up 2.9%

BY Staff Writer

Dallas — Tuesday Morning Corp. reported that its fiscal fourth-quarter revenue rose 2.9% to $202.1 million. Same-store sales for the period ended June 30 increased 4.6%.

The discounter Tuesday Morning Corp. said traffic climbed 6.2%. The average receipt fell 1.6%.

The retailer’s full-year revenue was up 3% to $838.3 million from $812.8 million. Same-store sales rose 3.9%.

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Grupo Cortefiel supports growth with PLM technology

BY Dan Berthiaume

Madrid, Spain – Spanish apparel retailer Grupo Cortefiel is supporting growth across multiple fast-moving product categories and Springfield, Cortefiel, women’secret and Pedro el Hierro retail brands using product lifecycle management (PLM) technology from Centric Software Inc. Grupo Cortefiel will deploy the Centric PLM suite to users in its costing, design, product development and product management departments.

The retailer will embed industry best practices and data models into the core PLM solution and use the agile development implementation model, where multiple teams simultaneously develop different areas of the technology, to speed up rollout time. Users will apply Centric technology to low-value, high-error tasks, with the goal of reducing lead times and errors and improving product quality.

“The greater functionality and access that Centric 8 affords will support Grupo Cortefiel’s multi-brand growth strategy and position as one of the strongest leaders in the European fashion market,” said Enrique Martin Mendez, CIO of Grupo Cortefiel.

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Woolworths optimizes online grocery fulfillment

BY Dan Berthiaume

Bella Vista, Australia — Woolworths Supermarket, a division of Australian retail conglomerate Woolworths Ltd., is optimizing home delivery routes for its growing e-commerce business using solutions from Descartes Systems Group. Woolworths is employing the Descartes Route Planner and Mobile applications with assistance from Descartes development partner The Brisbane Group. Using the Descartes technology, Woolworths combines route planning, tracking and execution with mobile functionality.

“The Woolworths online grocery business has grown at a significant pace and this trend continues to accelerate," said Roger Steele, head of online operations at Woolworths Supermarket, which operates more than 3,000 stores across Australia and New Zealand. "The Descartes/Bestrane solution helps us address complex delivery requirements that contribute to customer satisfaction and an enhanced online ordering experience. It meets our needs today, and is capable of providing increased functionality as we expand and take on greater omni-channel retailing challenges."

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