ASP/Hosted Loss Prevention Solutions Now Offered Through Trax Retail Solutions and StoreNext Partnership; 10 Companies Deploy Smart Data Mining and Analytics to Reduce Shrink.SCOTTSDALE, Ariz. -- Trax(R) Retail Solutions (Trax), the market leader in loss prevention, store operations control and profit optimization solutions for the retail industry, announced that they have signed 10 new customers to their ASP/Hosted Loss Prevention and Store Operations Control solutions via the StoreNext Connected Services(TM) portfolio. New customers launching ShrinkTrax(R) ASP include: --Buy for Less: Oklahoma City Oklahoma City (1990 pop. 444,719), state capital, and seat of Oklahoma co., central Okla., on the North Canadian River; inc. 1890. The state's largest city, it is an important livestock market, a wholesale, distribution, industrial, and financial center, and a farm --Capri IGA IgA abbr. immunoglobulin A IgA, n the abbreviation for immunoglobulin A. IgA immunoglobulin A. See immunoglobulin. : Greenville, Ill. --El Tapatio Market: Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. --Harmons: West Valley City, Utah West Valley City is a city in Salt Lake County in the state of Utah. As of the 2000 census, the city had a total population of 108,896. A 2006 estimate placed its population at 118,917 making it the second-largest city in Utah. --Norkus Foodtown: Pt. Pleasant Beach, N.J. --Northgate Markets: Anaheim, Calif. --PAQ: Stockton, Calif. --Pro & Sons: Ontario, Calif. --Reasors: Tahlequah, Okla. --Times Supermarket: Honolulu According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Ron Southard, EVP EVP Executive Vice President EVP EGR (Exhaust Gas Recirculation) Valve Position Sensor EVP Electronic Voice Phenomenon EVP Europäische Volkspartei (Germany) EVP Employee Value Proposition of Trax Retail Solutions, "This partnership now offers retailers of all sizes a breakthrough in advanced data mining and intelligence-based cashier exception reporting via a Web-based, ASP model whereby the retailer eliminates all of the integration and hardware costs." Trax and StoreNext expect that this all-new Connected ShrinkTrax(R) will continue to become the grocery industry's fastest and most complete ASP-based loss prevention solution to prevent cashier theft and errors. "The solution affords retailers a feature-rich set of tools including the industry's only plain-English cashier narrative reports, specialized weekly reports for shrink identification, productivity management and customer service analysis, coupon redemption and refund analysis, and detailed automatic analysis and targeting of over 40 POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale transaction categories, all in an extremely cost-effective model," added Southard. The enterprise solution includes multistore enterprise-level reporting and an advanced data mining tool called DM2. DM2 applies expert data analytics and more than 1,600 "expert rules" to automatically pinpoint otherwise undetectable losses and sales data abnormalities. "The Connected ShrinkTrax application represents a major step forward for independent grocers and small/medium-sized chains who want advanced loss prevention tools at a fraction of the cost," said Jon Bolen, CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. at Trax. ShrinkTrax is known throughout the industry as a proven, proactive, and guaranteed method to prevent store loss and improve bottom line profit by automatically tracking suspect cashier patterns and trends, and training managers in specific techniques to improve cashier performance and cut losses associated with dishonesty, fraud, errors and inefficiency. About Trax Retail Solutions Trax is the market leader in loss prevention, store operations control and profit optimization solutions for the retail industry, and lists the following companies among its clients: Albertsons, Winn-Dixie, Ahold, Osco Drug Osco Drug is a chain of pharmacy stores which operate under Supervalu Pharmacies. Most Oscos currently can be found in Jewel supermarkets. Since 2006, Osco is a wholly owned subsidiary of Supervalu Pharmacies of Eden Prairie, Minnesota-based Supervalu. , SUPERVALU, Harris Teeter, CUB Foods, Farm Fresh Markets, Wesco, and dozens of other food, drug, convenience and retail companies. The company's flagship ShrinkTrax Suite of loss prevention and store operations control solutions has helped more than 22,000 retailers worldwide improve profits by empowering store managers with education and training, world-class technology and industry best practices. |
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