Retail

Store Development

Building new stores and remodeling or upgrading older ones requires significant capital investment and expenditures. Retail chains must be able to assess the financial and operational impact of store development initiatives to make the most of investments and deliver the greatest business benefits. By making the right store development decisions, they can significantly improve the customer shopping experience and gain greater ROI.

Apply best practices technology to the store development process for greater ROI

The IBM Cognos Store Development Performance Blueprint uses IBM Cognos 8 Planning and IBM Cognos 8 BI to help retailers model and quantify the financial impact of store development initiatives:

• Determine revenue impact, ROI, and costs of store development projects such as construction, remodels, and equipment upgrades.
• Automatically apply development initiatives to regions, stores, or groups of stores based on their attributes.
• Allocate expenses and capital expenditure to projects.
• Model and analyze financial impact of initiatives and explore multiple scenarios to determine Payback Period and Net Present Value.
• Track and assess development status using visual scorecards.
• Measure the impact of initiatives, including revenue and expenses by store region and initiative type, using scorecards and reports.
• Analyze and report on sales results such as return on capital and sales increases from upgraded stores.
• Alert store operations personnel about new requirements through integration with the IBM Cognos Store (P&L) Operations Planning Performance Blueprint.

Learn more about the IBM Cognos Store Development Performance Blueprint. Download the following:

• Store Operations and Development Issue Paper
• Store Development Application Brief
• Store Development Demo

Additional Resources:

Retail Performance Management: Increase Visibility and Drive Profitable Growth

White Paper

Learn about the benefits of using Cognos performance management to gain deep business insight, improve decision-making, and succeed in the highly competitive retail marketplace.

Retail Perspectives: Maximize the Return on Customer

Article

Three perspectives on the retail industry. Learn how customer data drives more successful campaigns, why retailers need tighter integration with their supply chains, and how the IBM Cognos Financial Merchandise Planning Performance Blueprint can improve inventory planning.

Selecting the Right Retail Planning Solution

White Paper

This software selection guide provides some key factors to consider when evaluating enterprise planning solutions, and it makes the business case for Cognos as the best-in-class performance management system provider.

IBM Cognos Retail Store Development Planning Performance Blueprint

Online Demo

Learn how Cognos retail performance management solutions can help chains align corporate objectives with operating plans to operate more profitably and efficiently.

Retail Performance Management Podcast with JCB Partners

Podcast

An interview with Brad Smith of JCB partners. Includes a survey of current trends in the retail industry and how JCB and Cognos partner to provide a retail performance management solution to improve performance in merchandising, pricing, and other key areas and walks through a typical retail performance management engagement.

IBM Cognos Financial Merchandise Planning Blueprint: Align Merchandise Plans with Corporate Strategies, Customer Demands

Issue Paper

Learn how retail chains can meet sales objectives and profitability goals through a merchandise planning process that is synchronized with both finance and operations.

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