Louis Vuitton-owner LVMH says the future of retail is in-store Whether you take it as a foreboding insight or a position requiring a grain of salt, their research shows that Brick & Mortar is still king… for the foreseeable future, anyway. According to the chief financial officer at LVMH, Jean Jacques Guiony, the consumer still... Read more »
The Accelerated Analytics team is launching a newsletter for POS data analysis best practices and vendor compliance news. Take a moment and sign-up here. Our first issue will be sent out in a few short weeks with the lead article summarizing our research on the “POS Data Analysis Maturity Model.”
If there is one problem common to vendors selling products through a retail channel, it is getting a handle on the ROI of trade promotion dollars. Unless you are responsible for spending and managing these funds, it’s hard to appreciate the complexity of this problem. But the reality is, as much as 30% of sales… Read more »
In the past week, the Accelerated Analytics team has been contacted by 6 vendors looking for a solution to their EDI 852 data analysis problem. Simply put, their retail customers are sending weekly sales and invenotory data, but they are challenged on how to translate the data and turn it into smart business decisions. If… Read more »
Accelerated Analytics, Blacks Retail Analysis Announce Strategic Alliance To Provide Clients with Expert Merchandising & Forecasting Services AKRON, OH & SAN FRANCISCO, CA, OCT. 24, 2006 – Accelerated Analytics point of sale reporting and inventory management service, is pleased to announced a strategic alliance with consulting firm Blacks Retail Analysis, offering clients expert advice on… Read more »
There was an interesting article in the WSJ yesterday titled: “Wal-Mart’s Fashion Faux Pas: Soft Apparel Sales.” We often hear some version of the now familiar old refrain, Wal-Mart is killing everybody… don’t even try to compete with them. We hear this from all levels of management at both large and small companies. There seems to be… Read more »
SKU rationalization is an interesting process. We have been working with a client to help them analyze product performance with the goal of reducing under-performing SKU’s. This lead us to research other organizations that have tackled this same problem. We found an encouraging example worth sharing. In the April 2006 Harvard Business Review, there is an… Read more »
Saks, Inc. reported Andrew Jennigs resigned as president and Stephen Sadove will assume Jennings’ position. RadioShack reported Claire Babrowski resigned as president & CEO. Jo-Ann Stores promoted James Kerr to executive VP and CFO. Spartan Stores appointed Derek Jones as executive VP supply chain. Family Dollar Stores promoted James Kelly to COO. Charming Shoppes, Inc.… Read more »
The Accelerated Analytics team has been asked to exhibit and provide a keynote presentation at the upcoming Vendor Collaboration Federation conference. Global Retail Trading Partners Unite!Sunday, Nov 05, 2006 – Wednesday, Nov 08, 2006 View conference information This conference will provide an excellent opportunity to learn what retailers and vendors alike are doing with new… Read more »
Several times in the last few days, our team has been involved in discussions with vendors regarding the difference between reporting and planning. Surprisingly, many vendors see these two as synonymous functions, when in fact the are distinctly different. Reporting involves looking at what happened in a past period. The period could be five minutes… Read more »
This is the headline story in the October 2006 Integrated Solutions for Retailers magazine. The story details the efforts Dillard’s is making to share store level sales and inventory data with suppliers. On the one hand, we are pleased to see another large $7.7 billion dollar retailer that “get’s it”, on the other hand we… Read more »