“I am putting myself to the fullest possible use, which is all I think that any conscious entity can ever hope to do.” — From the HAL 9000 computer, 2001: A Space Odyssey When it comes to technology solutions for your business it is easy to get carried away with the latest-and-greatest gadgets and solutions.…
Sustaining Security
Now that retailers have reached PCI DSS 2.0 compliance, it’s important to continue monitoring people, processes and technology to protect against breaches. By Erin Rigik, Associate Editor. If your chain is among those who diligently worked to achieve PCI DSS 2.0 compliance by the Jan. 1, 2012 deadline, you probably think your stores are safe…
Nielsen Acquires Perishables Group
With acquisition Nielsen looks to accelerate its work to integrate total-store information, providing a holistic picture of wall-to-wall activity within the store, notes CEO. Nielsen has acquired the Perishables Group Inc., an industry expert in fresh food consulting and category development. The move solidifies Nielsen’s position as the leader in total store reporting and analytics…
Four Wall Analysis
By John Matthews, founder and president of Gray Cat Enterprises Inc. When it comes to managing a profitable operation, knowing the key financial drivers of the store is paramount. Developing a “Four-Wall Analysis” is a helpful tool to better understanding both revenue projections as well as variable and fixed expenses. Few operators take the time…
7-Eleven Adds Promotion Optimization Solution
7-Eleven Inc. has selected KSS Retail for its price modeling, forecasting and optimization solution for 7-Eleven stores in the U.S. and Canada. 7-Eleven plans to use KSS Retail’s PriceStrat and Heartbeat systems to conduct extensive market-basket analytics and affinity analysis to drive more effective promotions. It also plans to deploy PriceStrat’s cigarette buy-down capabilities to…
DTN
DTN DTN introduces DTN Fuel Buyer, a real-time market information service designed to support profitable fuel buying and reselling decisions. DTN Fuel Buyer provides instant access to supplier price messaging from DTN DataConnect, rack and spot price discovery as well as analysis, industry news, weather and market information-all located on one convenient screen. DTN Fuel…
Better Buying
Information and store management can be made simpler for c-store owners and petroleum retailers. DTN introduces DTN Fuel Buyer, a real-time market information service designed to support profitable fuel buying and reselling decisions. DTN Fuel Buyer provides instant access to supplier price messaging from DTN DataConnect, rack and spot price discovery as well as analysis,…