Industry News
Global Intec provides a specialist to professionals within the retail sector and as such are always looking to keep up with industry trends, market intelligence and breaking news.
Take the time to browse our latest articles.
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Published: Friday, 9th May, 2008
Soaring Food Prices Drive Retail Inflation
Annual retail prices rose 1.2 per cent last month fuelled by a surge in year-on-year food prices of 4.7 per cent, up from annual inflation of 4.1 per cent the previous month, according to figures released by the British Retail... Read more
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Published: Friday, 9th May, 2008
Best Buy Strikes Deal with Carphone to Transform European Electricals Retailing
Carphone Warehouse and US giant Best Buy have created a joint venture likely to become one of the biggest electricals retailers in Europe.The cash injection follows months of speculation about a potential deal, which has resulted in Best Buy acquiring... Read more
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Published: Friday, 9th May, 2008
German Fashion House Selects Oracle
Wehmeyer, the German fashion house, has selected Oracle Retail Price Optimization to more effectively manage its inventory, Oracle announced this week. Wehmeyer will use the Oracle Retail application to introduce a more advanced approach to managing in-season inventory, assortment and... Read more
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Published: Friday, 9th May, 2008
Credit Crunch Not Curbing UK Online Shoppers
The latest figures from the IMRG Capgemini e-Retail Sales Index reveal that online spending is still at a record high, despite reports of falling consumer confidence and the tightening of debt markets. IMRG and Capgemini have discovered that UK consumers... Read more
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Published: Friday, 9th May, 2008
Ann Summers Improves Planning
British retailer Ann Summers has selected Island Pacific's IP Planning module, to support the company's merchandise, store, in-season and assortment planning functions. The software will be used across all channels, including retail, web, franchise and Party Plan, for the Ann... Read more
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Published: Friday, 9th May, 2008
MFI set to go live with IT overhaul
MFI is weeks away from going live with the final phase of its SAP implementation.The core financial and supply chain applications are being tested and are due to go live in May.SAP retail systems specialist Ciber Novasoft has developed the... Read more