The e-retailer reports a $126 million net loss, stemming from a $640 million year-over-year increase in spending in the quarter on technology and content ...
JDA Software, which provides software and systems on the demand-chain side of retail, has acquired Timera Retail Solutions, provider of workforce management technology for retailers.
JDA Software Inc., which provides software and systems on the demand-chain side of the retail operation, has acquired Timera Retail Solutions, provider of workforce management technology for retailers. JDA says it will integrate Timera’s services into its POS offerings. “JDA offers a comprehensive suite of applications,” says Peter Charness, senior vice president of marketing and chief product officer at JDA. “This will allow us to provide more of the capabilities that stores need to manage their business.”
Timera sells time and attendance and other HR-related software in both a web-enabled environment and on a client-server basis. Charness says he sees the market moving toward web-based HR management systems. “This provides all the applications used by store people but heavily integrated into personnel and expense management at headquarters,” he says.
JDA plans to retain Timera development, support and sales personnel.. This is JDA’s ninth acquisition in five years. Timera had revenue of $8.3 million in 2002. Customers include H-E-B, SuperValu Inc., Cub Foods, Dollar Tree Stores Inc., Food Lion LLC and Price Chopper.