Application Provides Hosted Item Movement and Analysis
PLANO, Texas – July 18, 2006 – StoreNext Retail Technologies LLC has added the Category Analyzer application – which enables independent grocers to process critical sales and profitability information – to its online suite of Connected Services offerings.
Category Analyzer is a graphical tool that provides item movement reporting and analysis. It tracks and captures in-store movement, costs and retail data, combining it with pricing and inventory information to generate customized sales and profitability reports. It also provides report sorting and ad hoc query capabilities.
“We needed a product that would take the overwhelming mountain of data collected since we opened our doors in 2002 and sort it into comprehensible reports, letting our buyers make quick decisions. Category Analyzer generates requested reports automatically everyday and sends data to all our stores, enabling them to frame better merchandise strategies and increase sales,” said Doug Sanders, senior vice president and chief administrative officer at Sprouts Farmers Market, a 16-store, natural foods grocer based in Scottsdale, Arizona.
“We have used the enterprise version of Category Analyzer on-site at our corporate headquarters for more than a year now and find it to be one of the most intuitive, grocery-oriented and flexible applications available,” he added. With StoreNext’s latest offering, the benefits of Category Analyzer will be available not only to on-site users such as Sprouts Farmers Markets, but also to Connected Services subscribers.
The reporting and analysis tool is available via StoreNext’s cost-effective Connected Services subscription model, through which users can subscribe to enterprise-class applications at a fraction of the cost of developing and supporting them in-house.
“Category Analyzer gives retailers even more options through StoreNext’s Connected Services,” said Ray Carlin, president and chief executive officer at Plano, Texas-based StoreNext. “Retailers can increase sales through better knowledge of their product mix, improve assortment and reduce inventory. The application also lets them manage vendors more efficiently and determine effectiveness of advertising and promotions, while increasing margins on key categories and items.”
According to Carlin, Category Analyzer provides a level of flexibility previously unavailable, since sales and profitability reporting can now be accessed at both store and headquarters levels.
Sprouts Farmers Market, an Arizona-based natural foods grocer, has stores in Arizona, California and Texas. It has grown from one store in 2002 to 16 stores in 2006. The company specializes in farm- fresh produce, purchased from local growers when possible.
Category Analyzer is fully integrated with StoreNext’s ISS45 and ScanMaster POS systems.
StoreNext Retail Technologies LLC is the No. 1 supplier of retail technology to independent grocers and regional chains. Based in Plano, Texas, StoreNext is a joint venture of Retalix Ltd. (NASDAQ: RTLX) and Fujitsu Transaction Solutions Inc. and markets Fujitsu POS hardware, Retalix’s ISS45 and ScanMaster POS software, Retalix Store and Retalix HQ, as well as Internet Connected Services for managing stores via Web-enabled applications. StoreNext is the IT company that’s dedicated to meeting the needs of this wholesaler-served market with packaged solutions that were previously available, affordable or practical only for large chains. Web site: www.storenext.com.
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Michael A. Burns & Associates Inc.