GROCERY RETAILERS ARE TALKING about the latest report from IHL Group, “Retailers and the Ghost Economy – $1.75 Trillion Reasons to be Afraid.” That mind-boggling number refers to the cumulative global impact of Out-Of-Stocks, Overstocks and Returns across the retail spectrum. IHL coined the term “Inventory Distortion” in 2011 to describe the combination of OOS […]
HONOLULU — Times Supermarkets, operator of supermarkets and wine shops across Hawaii, is bringing the Itasca Magic™ inventory optimization solution to all its stores. The decision is effective immediately. It comes following a highly successful pilot project of four months duration, in two stores located in Honolulu and Lihue. “We’re highly encouraged by the results […]
BULLETIN: NEW BOOTH 1561 JOIN US once again at the 2015 FMI Connect, June 8-11 at Chicago’s McCormick Place. We’ll be in Booth #1256 and ready to provide a detailed look into how the nation’s most successful supermarket retailers are achieving lower out-of-stocks, superior turns and decreased store inventory investments with Itasca Magic™. Mark your […]
WE CAN’T STOP a storm, but we can improve the recovery on your shelves. Itasca’s Magic™ store replenishment solution offers a better method to regroup after a winter storm. Magic provides store orders based on demand forecasting against a store perpetual inventory. Normally this provides just-in-time auto replenishment for the stores. But what happens when […]
INDEPENDENT GROCERS can compete with powerhouse national chains such as Walmart. Nimble operators gain an edge by tailoring their product offerings to local markets in ways that the large chains cannot. A smaller supermarket can present a superior variety focused on the needs of local shoppers. Itasca’s Magic™ CGO solution helps Independents meet this objective […]
The upcoming NRF 103nd Annual Convention & Expo in New York offers an outstanding opportunity to learn about Itasca Magic™, our high-performance, fully-featured store inventory management solution. Itasca Retail will be reserving a limited number of private meetings with retailers during NRF, Jan.11-14, 2015.
WEST DES MOINES, IA – Brad Bales has joined Itasca Retail Information Systems, Inc. as Senior Developer. Brad has been developing applications for the grocery retail market since 1991. His main areas of expertise have been system design, POS (point of sale), and DEX (direct exchange).
Walmart has acknowledged in recent weeks that it is still struggling to control out-of-stocks in its stores, with its eye on a $3 billion prize in regained sales. Much of the analysis we have seen recently seems to focus on the trade-offs of lost sales versus added labor cost. A key factor is the importance […]
Join us at booth 4358 at the FMI Connect 2014 in Chicago this June 10th-13th for a demonstration of Itasca Magic™, our store-level, real-time Computer Generated Ordering (CGO) and Inventory Management solution. We’ll be delighted to show you how to achieve industry-leading inventory accuracy with a real-time process.
WEST DES MOINES, IA – Itasca Retail Information Systems, Inc. has added retail software veteran Chad Anderson as senior developer. An expert programmer with more than two decades of experience, he has focused on applications for retail and handheld devices for nearly his entire career. Prior to joining Itasca, he worked at Telxon Corp. (formerly […]