NRF 97th Annual Convention and Expo, New York, NY, January 14, 2008 - QuantiSense today announced that the Casual Male Retail Group (NASDAQ: CMRG), the largest specialty retailer of big and tall apparel for men, has successfully implemented its retail-specific Business Intelligence and Data Warehousing application.
The QuantiSense solution was implemented in both the Casual Male XL and Rochester Big & Tall Clothing chains. After a successful rollout spanning only 100 days, the retailer is seeing significant benefits, including increased operational efficiency and deeper, more flexible retail analytics than ever before. These benefits are expected to grow quickly in the coming months and include:
-Accurate performance evaluation: The implementation includes a store grading tool that allows Casual Male to rank stores based on the performance of particular classes of products. This will help the retailer distribute inventory more appropriately, minimizing stockouts and overstocks.
-Detailed size and style level analysis: As Casual Male has an extensive range of sizes and styles available, creating comprehensive analyses was a challenge. The QuantiSense implementation includes a sizing tool that enables Casual Male to evaluate the clothing sizes stocked in individual stores, ensuring the appropriate size allocations so customers find the right fit, every visit.
-Increased employee productivity: Before implementing QuantiSense, Casual Male's technology team would spend days collecting data into spreadsheets for weekly reports-now, it takes them minutes. With the ability to generate exception reports on-demand, a user can navigate through the most relevant information on the dashboard and easily drill down for details.
QuantiSense includes a Retail Learning Infrastructure that allows Casual Male to track stockouts, overstocks, and imminent stockouts from a granular level to a summary level.
QuantiSense's roles-based platform has given the retailer a powerful start in business intelligence. The solution consists of personalized dashboards, exception reporting to pinpoint problems and opportunities, and QuantiSense Playbooks, which capture retail best practices and guide users to take immediate action to improve their business.
"QuantiSense delivered on our expectations - and more - in 100 days. The software intuitively drives our users towards intelligent action," said Dennis Hernreich, COO, Casual Male. "I've been working hands-on with QuantiSense, and its flexibility and performance have allowed us to analyze and improve the key elements of our business that really make a difference to our customers."
"As a company, QuantiSense has a deep understanding of both retail and business intelligence - something that sets them apart from other BI vendors," said Jack McKinney, CIO, Casual Male. "The QuantiSense application enables Casual Male to fully leverage all of our IT systems, by gleaning valuable insights from data and helping our retail professionals make better, more informed decisions."
The software integrates seamlessly with Casual Male's current IT infrastructure as it sources merchandising, sales, and inventory information from the company's retail ERP system as well as other data sources within the enterprise; data is centrally stored in the QuantiSense retail data warehouse. The QuantiSense BI solution, developed for performance and flexibility, is built using state-of-the-art business intelligence platform partner MicroStrategy, optimized to work with QuantiSense's data model.
"We are proud of the partnership we've built with Casual Male," said Jeff Buck, CEO, QuantiSense. "QuantiSense is looking forward to supporting Casual Male in realizing ongoing value from the implementation, and in improving their business in the coming months and years."
About Casual Male Retail Group
Casual Male Retail Group, Inc., the largest retailer of big and tall men's apparel with retail operations throughout the United States, Canada and London, England, operates 465 Casual Male XL retail and outlet stores, 26 Rochester Big & Tall stores, and a direct-to-consumer business which includes several catalogs and e-commerce sites. The company is headquartered in Canton, Massachusetts, and its common stock is listed on the NASDAQ Global Market under the symbol "CMRG."
About QuantiSense
QuantiSense is the leading provider of business intelligence and data warehousing applications exclusively for specialty retailers. Our customers include Hallmark Cards, Pacific Sunwear, The Guitar Center, Restoration Hardware, and FAO Schwarz. Implemented in 100 days, the QuantiSense application features a best-practices retail data warehouse, and ETL designed to integrate quickly with retail source systems and any database platform. Users conduct analysis using QuantiSense's packaged analytics, reports, and role-based dashboards tailored for executives, buyers, planners, allocators, and additional roles throughout the retail enterprise. To learn more, visit QuantiSense at www.quantisense.com.
Media Contacts:
Jeff Giberstein Jeff Ketner
VP Sales and Marketing KetnerBarnes Inc. (for QuantiSense)
866-880-4200 512-794-8876
[email protected] [email protected]
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