Wawa Turns to Merchandise Optimization to Maximize Profitability

inShare WAWA, Pa. — Wawa Inc. licensed Applied Predictive Technologies’ (APT) Merchandise Optimization software at more than 600 locations. It will use the software in an effort to maximize profitability of space and merchandise assortment plans, assess the impact of each merchandise change and fine-tune its merchandising strategy. “Licensing APT’s Merchandise Optimization has enabled us to drive significant increases by reallocating our space in numerous categories, and to rapidly transition from analysis into implementation,” said David Prevost, director of space planning and merchandising at Wawa. “By rolling out the optimal merchandising strategy on a store-by-store basis, we are able to capture significant value across our network.” Now that Wawa has implemented the technology solution, APT said it will continue to work closely with Wawa to answer important business questions in products, marketing and promotions. “APT is excited to expand our relationship with Wawa to include Merchandise Optimization,” said Patrick O’Reilly,…

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Frozen yoghurt and other deceptively unhealthy foods that are making you fatter

JANUARY 21, 2014 Dieticians Association of Australia survey reveals why fad diets are so bad for us. THE diet industry is booming, but Australians are fatter than ever. How come? Nutrition experts say it might have something to do with mass confusion and misrepresentation in our supermarket aisles. According to USANA nutritionist Ravinder Lilly, even the savviest consumer can be fooled by ‘diet’, ‘all-natural’ and ‘free-from’ labels on food packaging nowadays. And Australians buy $745 million worth of these foods a year. Quite often, though, they pack just as many – if not more – calories and fat than most of their junk-food counterparts. Ravinder talks us through four so-called healthy foods to beware of. 1. Supermarket Salad Kits Between the parmesan, the toasted croutons and the dressing, you don’t stand a chance. Source: News Limited Salad dressing is one of the leading mischief-makers and supermarket salad kits are high…

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Local Shops Herald Tobacco Proxy Sales Breakthrough

ACS – Association of Convenience Stores 26/01/2014 Press release ACS has strongly welcomed plans to make it illegal to buy tobacco for a person under the age of 18. This proposed change in the law is a breakthrough for a long running campaign by ACS to stamp out a loophole that undermines the fight to prevent young people from buying tobacco. ACS Chief Executive James Lowman said : “We have long argued that it is ludicrous that an adult can walk into a shop buy tobacco, and then walk round the corner and sell it on to a child without breaking the law. 95% of young people that regularly smoke obtain tobacco in this way. This change in the law is an important step forward in reducing the exposure of young people to tobacco. “We will now work with Government, police and trading standards to establish ways to make this…

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CONVENIENCE IS KING IN TODAY’S RETAIL WORLD

9th January 2014 NIELSEN Consumers lead busy lives and their time is becoming more limited and fragmented every day. So when it comes to shopping, they may not always be 100 percent focused or fully engaged in the task at hand. So in order to keep up with them, retailers are increasingly finding that they need to innovate in ways that make it easier and more convenient for their customers to get what they need and not miss a beat in the process. Innovation can take many forms. While breakthroughs like cellular networking and seedless watermelons are tangible examples of innovation, there’s no denying the impact that advancements like multi-platform store formats and online shopping have had on the retail landscape. In fact, according ot the Continuous Innovation: The Key To Retail Success report, convenience may just be the most creative and energetic example of retail innovation. STANDING OUT WITH…

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This 24-Hour On-Demand Ice Machine Is a Game Changer

Next time you buy ice at the convenience store, you might want to swab the bag for DNA. Just think about the journey it makes from the ice plant to your gin and tonic–it’s pumped out by a machine, then bagged, loaded onto a truck, handled by a delivery person, rearranged by convenience-store clerks and pawed by customers. And who knows how long it’s been sitting around? To top it all off, you’ll probably have to body-slam it on your oil-stained driveway before it’s broken apart enough to use. Ask yourself this: Is there any other product you would consume on a regular basis that is typically kept padlocked in a rusty 1960s-era cooler stored outside a truck stop? IceBorn’s answer to that question landed it on the Franchise 500® for the first time this year, at No. 489. The Jacksonville, Fla.-based franchise (from parent company Ice House America), which…

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