Reitmans selects QuantiSense retail intelligence application

09 Jan '08

3 min read

Doug Deruchie, CFO of Reitmans, added, "QuantiSense addresses our near-term store operations challenges, and serves as a strategic platform for future growth."

QuantiSense will enable Reitmans' business users to:
•Evaluate the assortment, pricing profile, markdown mix, and merchandise performance of each store
•Grade similar stores within districts and chain-wide, so store managers and analysts can measure performance against best and average stores
•Take action to increase sales per square foot, sales per employee hour, and store traffic.
Additionally, QuantiSense will enable Reitmans' Information Technology team to:
•Adopt standardized reporting styles and metrics across divisions so that "big picture" data is more easily compiled and analyzed
•Replace labor-intensive spreadsheet-based reports with richer, comprehensive reports produced on-demand
•Produce exception reports that highlight problems and opportunities, and guide users towards the lowest level of actionable detail

"We are pleased to welcome Reitmans to our growing customer base of retail leaders. Reitmans is a savvy retailer who can leverage all the benefits our retail business intelligence solution offers," said Jeff Buck, CEO, QuantiSense. "We are confident QuantiSense will give Reitmans the powerful start they need in BI for Store Operations to recognize a high return on their current and future IT investments."

QuantiSense is the leading provider of business intelligence and data warehousing applications exclusively for specialty retailers. Our customers include Hallmark Cards, Pacific Sunwear, The Guitar Center, Restoration Hardware, and FAO Schwarz.

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