Collaborative planning, forecasting and replenishment is an industry initiative that has been much talked about but little practiced in the grocery industry -- so far.To practice CPFR, retailers and manufacturers need...
For Jerry Storch, vice chairman of Target Corp., Minneapolis, the advantage of sophisticated technology like data mining and knowledge discovery comes down to a very homespun, low-tech image: small-town America."You...
MINNEAPOLIS -- At two major industry meetings held recently, Jerry Storch, vice chairman of Target Corp. based here, made it clear that the company intends to pursue collaborative planning, forecasting and...
CHICAGO -- If you think bigger is always better, take a look at Potash Bros.' new, automatic, meat-wrapping machine, which the 52-year-old operation here has installed in one of its two stores.The machine, the Solo...
There's little doubt that one of the greatest competitive threats to conventional supermarket companies today comes from mass merchants, especially the biggest one, Wal-Mart. Already a major force in food retailing...
In challenging economic times, with competition from mass merchants growing, supermarket retailers have recognized the need to improve customer service in order to hold on to consumers. And their technology priorities...
Supermarket retailers in North America and around the world are showing increasing interest in using sophisticated forecasting software fueled by point-of-sale (POS) data, rather than seat-of-the-pants intuition, to...
SCHENECTADY, N.Y. -- Price Chopper here plans to begin a test next week in two to three stores of a new point-of-sale receipt printer's ability to process check payments electronically, including capturing a digital...
The Internet, which has entered into almost every corner of the business world, is starting to be employed as a vehicle for electronically transmitting purchase orders and invoices between retailers and their trading...
As retailers and manufacturers gradually adopt 14-digit Global Trade Item Numbers (GTINs) as data structures for identifying products, some retailers are asking their suppliers to start using the GTINs in identifying...