Published: June 22, 2010
One Stop Optimizes Selling Space with Galleria Customer-Centric Merchandising Solutions
CHICAGO - (BUSINESS WIRE) - Galleria
Retail Technology Solutions today announced that One Stop, a leading
UK convenience retailer, has selected Galleria to help it optimize
selling space across the entire chain to enhance its customers' shopping
experience. One Stop will leverage Galleria's Behavioural Cluster
Planning , Midi Space Analysis and Customer-Centric Merchandising
solution, an integrated assortment planning and space optimization
application, to generate customer-centric clusters, assortments and
store-specific sales-driven planograms for its 500 stores throughout
England and Wales.
"We are excited to be working with Galleria to turn our merchandising
strategies into reality," said Mervin Nugent, Senior Range Manager, One
Stop. "This combination of analytics and execution solutions will enable
us to truly know our customers and meet their shopping expectations in
every store. Galleria's Customer-Centric Merchandising solution is
capable of producing store-specific planograms every few seconds which
is essential to execute those strategies and achieve the benefits of
store-level planning. Using Galleria, we can ensure that product
offering and inventory levels reflect the sales pattern and space
available in each store to avoid excess product, wastage or out-of-stock
problems."
Galleria's Behavioural Cluster Planning solution will enable One Stop to
cluster stores naturally based on consumer behavior. This unique
clustering methodology utilizes granular product performance data such
as historic sales, rest-of-market or manufacturer information, to create
optimized cluster recommendations based on each category's unique
consumer buying behaviour. As a result, One Stop's marketing and
merchandising teams will be able to quickly identify clusters of stores
with similar demand patterns, enabling them to develop truly
customer-centric marketing, merchandising and space strategies.
To take its merchandising strategies to an even more granular level, One
Stop will utilize Galleria's Midi Space Analysis solutions to evaluate
each of its store's available space to optimize category space
allocation and maximize selling opportunities.
Once its cluster and store-level merchandising strategy is established,
One Stop will execute those plans with Galleria's Customer-Centric
Merchandising solution. Using One Stop's own demand intelligence and
store-specific sales data, Galleria's solution synchronizes the product
assortment and space planning processes, allowing One Stop's
merchandisers to apply supply chain and inventory rules at a granular
level to automatically create up to thousands of optimized planograms in
seconds.
"If a retailer wants to become truly customer-centric, it can no longer
run on generic planograms based on enterprise averages," said Ian
Duncan-Lewis, CEO, Galleria. "Performance-based clustering and midi
space analysis are components that must be in place in order to execute
an efficient customer-centric marketing, merchandising and assortment
strategy to boost sales and satisfy customers. Our automated solution
makes it possible for retailers to maintain centralized control and
supply chain efficiencies, while taking into consideration local
influence and demand. Ultimately, Galleria's application will enable One
Stop to provide a better in-store experience by efficiently providing
the exact products each customer requires."
About One Stop
One Stop is a retail convenience business with over 500 shops throughout
England and Wales. Open 7 days a week One Stop aims to meet the needs of
all its local customers. One Stop was part of T&S Stores plc, which was
founded in Wolverhampton in 1975.
About Galleria Retail Technology Solutions
Galleria is the leading provider of customer-centric merchandising
solutions. Galleria's solutions provide value by integrating with
clients' existing systems and resources to deliver the right product to
the right stores in the right capacity. The net result is that retailers
and CPG manufacturers realize significant benefits including increased
sales, enhanced margins, reduced waste/mark-down and accelerated
inventory turns. Galleria currently works with customers including
Wal-Mart, Tesco, Safeway, Morrisons, Giant Eagle and several of the
world's leading retailers. It is currently engaged in multiple
implementations of its merchandise planning solutions in large-scale
live retail environments. For more information about Galleria, visit www.galleria-rts.com
or dial 1-866-899-0852.

Press Contact:
Kim Syrios
Mulberry Marketing
Communications
312-664-1532
ksyrios@mulberrymc.com
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