SAS Retail rockets ahead in 2007
Unprecedented organic growth fueled by ongoing customer, industry support
CARY, NC on 12 April 2007
What secret weapon do retailers like AutoZone, Dick’s Sporting Goods, the Hudson’s Bay Company, Office Depot and Sears share? They each took advantage of the power of SAS Retail in 2006. SAS, the leader in business intelligence, is helping retailing giants enhance revenue-generating capabilities like merchandise planning, financial management and revenue optimization. This kind of industry confidence propelled SAS Retail to grow new software sales organically by an unprecedented 43 percent in 2006 through competitive wins.
“We see SAS emerging as a leader in retailing business intelligence, planning and analytic solutions,” said Bob Buchanan, Retailing Industry Group Leader with A.G. Edwards Inc. “In our discussions with leading retailers, the feedback on SAS has been consistently positive. Retailers adopting SAS Retail solutions have the opportunity to drive shareholder value via raising both inventory turns and gross profit dollar returns on investment/GP$ROI via means such as SAS tools in the areas of markdown optimization, merchandise planning solutions, and size and pack optimization.” SAS Retail participated in A.G. Edwards’ Retailing Executive Conference earlier this year.
Lori Schafer, Vice President of the SAS Global Retail Practice, said SAS Retail is ready to deliver value for retailers again in 2007 and beyond. “We anticipate our fast-paced growth to continue in 2007 because our proven, integrated retail solutions coupled with our retail domain expertise make a bottom-line difference to our customers. Retailers adopting SAS Retail solutions are able to drive shareholder value with a superior return on their investment and higher inventory turns.”
In addition to the 2006 customers listed above, SAS Retail customers include Bakers Footwear, Brooks Brothers, Burger King, Carrefour, Casino, Casual Male, The Children’s Place, The Children’s Place/Disney Stores, Eddie Bauer, Federated Department Stores, JCPenney, Kohl’s, Luxottica Retail, Mark’s Work Wearhouse, Marks & Spencer, Newport News, Northern Tool + Equipment, Sainsbury’s, Sport Chalet, Staples, Tesco, Tween Brands, Williams-Sonoma and 1-800-FLOWERS.COM.
To learn more about SAS® Solutions for Retail, visit: http://www.sas.com/industry/retail/index.html.
About A.G. Edwards Inc.
A.G. Edwards, Inc. is a financial services holding company whose primary subsidiary is the national investment firm of A.G. Edwards & Sons, Inc. Drawn to the firm’s client-first philosophy, individuals and businesses have turned to A.G. Edwards for sound advice and access to a wide array of investment products and services that can help them meet their financial goals and objectives. Founded in 1887, A.G. Edwards and its affiliates employ 6,618 financial consultants in 742 offices nationwide and two European locations in London and Geneva. More information can be found on www.agedwards.com.
SAS is the leader in business intelligence and analytical software and services. Customers at 43,000 sites use SAS software to improve performance through insight from data, resulting in faster, more accurate business decisions; more profitable relationships with customers and suppliers; compliance with governmental regulations; research breakthroughs; and better products and processes. Only SAS offers leading data integration, storage, analytics and business intelligence applications within a comprehensive enterprise intelligence platform. Since 1976, SAS has been giving customers around the world The Power to Know® .