News

Real-Time Data, Real Savings
Saks Fifth Avenue reduces energy costs with LED retrofit

It’s often said that companies must spend money to make money, and this is true of investments in energy efficiency.
The top five food trends at Fancy Food Show
Forget organic and gluten free, these are the top five trends experts at the Fancy Food Show predict will shape what’s next on store shelves.

The Specialty Food Association held its annual trade show recently in New York where roughly 22,000 attendees sampled wares from the 2,600 food companies who exhibited at the Javits Center.

A Matter of Time (and Money)

Time is often considered the most precious resource of all, because once it is spent, it can never be replenished. While there is no way to create new time, retailers can reduce the amount of time spent on such tasks as scheduling and payroll with automated workforce management technology. And as the old saying goes, time equals money.
Survey: Everyday prices drive grocery purchases

New York – Most consumers base their grocery purchase decisions on very basic information. According to new research from data analytics solution provider Precima, 80% of U.S. shoppers choose their primary grocery store based on everyday prices, with two-thirds (65%) stating that the everyday (regular/non-sale) prices of staple items such as milk and eggs most influence their price perception of a grocery retailer.
Reflexis completes more than 20 rollouts in 2015 so far

Dedham, Mass. - Reflexis Systems Inc. has successfully implemented its products in more than 20 retail, QSR (quick-service restaurant), and convenience store chains at the regional, national, and global level, across five continents during the first half of the 2015 calendar year. The solutions include Reflexis Task Manager, Reflexis Workforce Manager, ReflexisPlus, Advanced Analytics and Reporting, and Time and Attendance.
Where's my Slurpee? 7-Eleven enters one-hour era

7-Eleven Inc. is taking its mantra of "what customers want, when and where they want it" a giant step further through a new partnership with the Postmates app.

The company has introduced on-demand delivery through Postmates iOS, Android or web app, in Northern California. An assortment of 7-Eleven's products from hot foods and snacks to cold beverages and other convenience items is just a few taps away and will be delivered by Postmates to customers in an hour or less.
And the top state for business is…

New York -- The top state for business is a high-tax, high-wage, union-friendly, cold-climate state, according to an annual ranking by CNBC.
Mens Wearhouse finds COO fit by going to the dogs

The Men's Wearhouse is bringing in a PetSmart executive to serve as chief operating officer.

Men's Wearhouse said that Bruce K. Thorn, 48, has been named executive vice president, chief operating officer, effective immediately.
Nebraska Furniture Mart Goes BIG in Texas

Most retailers are reducing their footprints, but not Nebraska Furniture Mart (NFM). In fact, the retailer is doing just the opposite and has opened the nation’s largest home furnishings store. Located in the new 433-acre mixed-use development, Grandscape in The Colony, Texas, the two-level NFM has a whopping 560,000 sq. ft. of selling space. Including an on-site warehouse, the space totals more than 1.8 million sq. ft.

The store sells 100,000 products, ranging from very high-end items to value offerings, with another 500,000 items in stock in the warehouse.
C-store operator closes OneStop purchase, dropdown transaction

San Antonio, Texas - CST Brands Inc., through its CrossAmerica Partners LP wholly-owned subsidiary, has closed its previously announced acquisition of the Charleston, West Virginia-based One Stop convenience store network. CST is also moving 29 recently constructed stores into its wholly-owned CrossAmerica partnership via two “dropdown” transactions.