Woolworths in South Africa selects JDA solutions
New York City — JDA Software Group announced that Woolworths, South Africa’s leading and most respected retail chain, selected a number of JDA solutions in fourth quarter 2011.
Woolworths intends to use the JDA solutions across its food business to improve inventory allocation and replenishment across its supply chain, tailor merchandise assortments to meet individual customer demand, monitor supply chain performance across multiple channels and networks, and achieve more competitive pricing for its customers at its more than 400 stores across South Africa.
“We constantly work to make ‘the difference’ for our customers every day,” said Adrian Gebers, head of IT business applications, Woolworths South Africa. “By selecting JDA’s proven retail solutions, we areinvesting in and improving our information technology systems and strategies. Implementing these additional JDA applications over the next three years will allow us to maintain our competitiveness, improve our efficiency and thus our service to our customers, and to focus on our journey towards sustainability.”
Verifone Systems acquires Lift Retail Marketing
San Jose, Calif. — VeriFone Systems has acquired Lift Retail Marketing Technology Inc., Atlanta. Financial terms of the deal were not disclosed.
Lift Retail developed and markets the Lift Station, a network-connected digital marketing hub that integrates with point-of-sale systems (POS) in the convenience store and petroleum retailing market.
Lift Retail will be incorporated into VeriFone’s solutions portfolio as a product and services offering called LiftRetail Solutions, which will integrate with all leading retail POS systems in the convenience store/petroleum segment.
Ascena Retail Group Q2 profit up 50%; opening 125 stores in fiscal 2012
Suffern, N.Y. — Ascenta Retail Group Inc., whose brands include Dressbarn, Maurices, and Justice, said its fiscal second-quarter profit rose 50% on higher sales. The company raised its earnings forecast for the current fiscal year.
Ascena said that during the quarter ended Jan. 28 it earned $63.7 million, compared with $42.5 million in the same period a year before.
Revenue during the quarter rose 15% to $862 million. E-commerce sales jumped 61% to $52 million in the quarter.
As the spring shopping season starts, Ascena Retail Group said it plans to open about 85 stores and close around 20 other locations. For the full 2012 fiscal year, it plans to open 145 stores and close 55, and will close the year with about some 2,600 locations.