retail-worker.com        Do I look like a people person?

Log in Register FAQ Forum Index

The return of Hudson's Bay??

Forum Index -> Misc' Retail

View previous topic :: View next topic
Author	Message
SearsCanada Joined: 29 Mar 2006 Posts: 1205 Location: Ontario, Canada	Posted: Wed Jul 26, 2006 8:20 pm    Post subject: The return of Hudson's Bay??   Quote: SAS software helps Hudson's Bay match goods to tastes Jul. 26, 2006. 01:00 AM DANA FLAVELLE BUSINESS REPORTER Hudson's Bay Co. says it has signed a contract with software provider SAS Canada that will help it customize merchandise in each store to match local demand. The companies jointly announced the deal yesterday. Financial terms were not disclosed. The country's largest department store retailer said the software would help it track demand, cut costs and boost sales. An HBC store in Victoria might carry a different assortment from one in Fort McMurray, for example, HBC said. The software should help boost profits by ensuring items that are selling poorly are discounted or moved to a store where they're in demand, said Steve Richardson, HBC's chief financial officer. "A lot of this was an art previously," Richardson said. "We had certain tools in place. We believe this is going to balance art with science." SAS Canada said Hudson's Bay is the first retailer in Canada to employ this software. Wal-Mart Stores Inc., which competes aggressively with HBC's Zellers stores, has long been the industry leader in tracking purchases, said Lori Schaffer, vice-president of global retail for Toronto-based SAS Canada. Quite some time ago I had posted some of Zwicker's ideas for reinventing HBC in the Sear forum. It seems that this bankruptcy takeover might just be meant to become a retailer, not a REIT like some we know.... Just imagine, stocking the shelves according to customers' wishes? Stocking what actually sells in YOUR area? Merchandising reinvented.
Back to top
woodenhead Joined: 21 Feb 2006 Posts: 52 Location: Yellow Brick Road	Posted: Mon Oct 08, 2007 8:21 pm    Post subject:   Maybe stores just need to start to be what they should be not the store of one and only which Wallmart started. If you sell home improvments stay with that, and not every thing else like pictures appliances as there are enough selling that now.
Back to top
Display posts from previous: All Posts1 Day7 Days2 Weeks1 Month3 Months6 Months1 Year Oldest FirstNewest First

	Forum Index -> Misc' Retail	All times are GMT
Page 1 of 1

Jump to: Select a forum The Newswire----------------Announcements & Information The Commons----------------Behind the BanterPolitics SchmoliticsFeedback & Support Crazy Earls Employee Emporium----------------Dollar GeneralHome DepotJCPenneyLowesMacy'sMisc' RetailRonaSears Holding Corporation / Sears CanadaStaplesTarget  You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot vote in polls in this forum

Powered by phpBB © 2001, 2002 phpBB Group
Theme created by Vjacheslav Trushkin