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02.22.2010 -- How Michaels Reduced Energy Consumption 27%

February 22, 2010

Retail Solutions Online Newsletter
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Sponsored by: UTC Retail
and by: 7-Eleven

In This Issue:

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In addition to best-in-class software solutions, UTC RETAIL provides a complete set of branded hardware solutions and comprehensive professional service offerings, providing retailers a single point of contact and accountability for all of their retail management solutions. For more information on UTC RETAIL, visit www.utcretail.com.

Editor's Notebook

Three Reasons To Hang A Shingle In India
By Matt Pillar, Editor In Chief, Retail Solutions Online/Integrated Solutions For Retailers
Late last week, Carrefour announced it would open up shop in India this year. It's not a cakewalk to do business there, but the market potential is enormous.

Integrated Solutions For Retailers Featured Article

How Michaels Reduced Energy Consumption 27%
By Megan Burns, Integrated Solutions For Retailers magazine
With nearly 900,000 locations, U.S. chain retail stores are among the largest commercial consumers of electrical power. However, according to Retail Systems Research, only 42% of retailers have deployed some form of energy regulation equipment within any of their stores. Those who have deployed some form of energy management typically have not developed ongoing strategies for managing the units they installed, instead taking a "set it and forget it" approach. On the contrary, Michaels Stores has deployed energy management systems (EMSs) across their chain of stores.

How Michaels Reduced Energy Consumption 27%

Research & Trends

Success And Value From Business Intelligence
A White Paper Series by IDC, Sponsored by QlikTech
Business intelligence (BI) software supports two primary functions as part of broader performance management issues faced by organizations. This series, prepared by IDC's Alys Woodward and Dan Vesset (October 2009) and sponsored by QlikTech, is comprised of 3 deliverables discussing The QlikView Customer Experience. Success and Value from BI is available now, and features data and anecdotes about the customer satisfaction, ease and speed of development, and ease of use for business users of QlikView. Additional parts of the series, The TCO Of BI and the Time to Value and ROI From BI, are available as well.

Featured Articles

PCI DSS Compliance Demystified
Submitted By Torex
Compliance with the Payment Card Industries Data Security Standard (PCI DSS) can seem overwhelming to new and established retailers alike. Granted, no one can refute the standard's importance in an era when companies like TJ Maxx have suffered millions of dollars in litigation by customers whose payment card data was fraudulently accessed — not to mention the adverse publicity, like the cases involving Cotton Traders in the UK and Hannaford in the U.S.

PCI DSS Compliance Demystified

Retailers Transform Connected People Into Customer Relationship Agents
Submitted By Microsoft Dynamics
Do your customers shop with you just occasionally, when they happen to be "in the neighborhood"? Or do they visit you first when they shop? Do they keep coming back? What would they say about their experiences with your company in an online review? The answers to such questions are strategic, and they depend on the ability of your frontline people to establish and sustain enduring customer relationships.

Retailers Transform Connected People Into Customer Relationship Agents

Cost Method Of Accounting: Can Retail Companies Really Afford Not To Adopt It?
Submitted By Capgemini
Retail companies have traditionally used the Retail Method of Accounting (RMA) to avoid the costs associated with tracking inventory at the unit level in a perpetual basis. New International Financial Reporting Standards (IFRS) supported by the U.S. Securities and Exchange Commission (SEC) will require the adoption of item-location inventory accounting by 2016.

Cost Method Of Accounting: Can Retail Companies Really Afford Not To Adopt It?

Industry News

Loyalty 360 Announces Strategic Relationship With Motorola
Cornell-Mayo Introduces First Third-Party POS Solution For iPod Touch
DigiPoS Announces The Retail Blade Quantum
Epson Unveils TM-T88V: Newest Generation Of Thermal Receipt Printer
One Step Retail Solutions Achieves HP PartnerONE Store Solutions Elite Status
Tom Ebling Joins Demandware As Chief Executive Officer
Frank Mayer And Associates, Inc. Introduces Branded Cooler Corners For Convenience Stores
Microsoft Unveils Windows Phone 7 Series
Source Technologies Launches OEM Kiosk Head Unit
Cafe And Bakery Serves Up Targeted Communications With The WebDT Signage System
View more headlines

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Featured Downloads

Enhancing Profitability Through A Cash Management System
Enhancing Profitability Through A Cash Management System
The cost of a CMS is very quickly recovered through the recurring savings garnered by the system itself. What initially may appear to be a "cost" quickly becomes a "profit generator" that produces annualized cash and non-cash savings. Typical systems pay for themselves within 6 to 9 months and continue to produce savings indefinitely.

Case Study: QVC Goes Live With Datalogic Mobile
Case Study: QVC Goes Live With Datalogic Mobile
QVC, Inc. is one of the world's largest multimedia retailers, and broadcasts live 24 hours a day, 364 days a year. QVC required a new hand held solution for ‘put away' applications in their warehouse for jewellery stock. They needed a device that was smaller and more lightweight than their existing units as it was felt that their current equipment was not fit for purpose with this specific application.
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Industry Events

RILA Loss Prevention Auditing & Safety Conference
May 2 to 5 | Dallas
To understand emerging trends, improve performance, and meet the demands of the loss prevention, auditing, and safety fields, join retail industry peers and solution provider partners at the Loss Prevention Auditing & Safety (LPAS) Conference.

Submission Information

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