Press Releases
Spencer Gifts Delivers Retail Insight to its Executive Team With QuantiSense
Chicago, IL — May 24, 2005 — QuantiSense today announced that Spencer Gifts has implemented QuantiSense to deliver retail business intelligence to executives and analysts throughout its organization. With over 630 stores in the U.S. and Canada, and hundreds of seasonal Spirit Halloween Superstores, Spencer Gifts is already benefiting from the executive dashboards and analytical tools embedded in QuantiSense.
"Our CEO and SVP of Merchandising live by QuantiSense. They use it every day to monitor the health of the business and to spot opportunities to serve our guests better," said Kyle Helvie, CIO of Spencer Gifts.
"Our business is very seasonal and trendy, especially in our Halloween Superstores and during the 4th quarter," added Helvie. "QuantiSense provides insights into inventory allocation, realizing profit from what would have otherwise been lost sales."
"Spencer Gifts previously culled merchandising information using hundreds of hard-coded, homegrown, legacy reports," said Jeff Buck, CEO of QuantiSense. "Now, with QuantiSense, their retail professionals no longer need most of these reports since they work intuitively, navigating from high-level dashboards down to the problem-solving details of their data. It's also proven to be very helpful in identifying sku level opportunities. And they've created new, more insightful reports with QuantiSense's report creation wizards."
"It is vital for Spencer Gifts to sustain a high-level of performance," said Steven Silverstein, CEO of Spencer Gifts. "QuantiSense delivered quickly on enabling us to measure our business and make better business decisions using the information in our data warehouse," said Silverstein.
"From executives to analysts, we're all looking at personalized views of the same data," added Silverstein. "Executives see our business at a top-level view, and analysts are drilling down to the intricacies to find top performers and monitor exceptions. And it all rolls up into a single 'truth' about how our business is performing."
About Spencer Gifts
Spencer Gifts LLC is a lifestyle retail brand that has been focused on delivering humor and enjoyment to peoples lives for over 50 years. Spencer's operates over 630 stores throughout the United States & Canada. Specializing in innovative, humorous and unique merchandise, Spencer's is the mall destination for entertainment, excitement and fun for our core Generation-Y guest.
About QuantiSense
QuantiSense builds business intelligence and data warehousing applications specifically for retail organizations. Utilizing pre-built data loading components that integrate quickly with other systems and any database platform, QuantiSense provides retail businesses with packaged analytics built on the MicroStrategy business intelligence platform for Merchandising, CRM, Finance, and Store Operations. The result is a comprehensive technology solution that provides retailers with the actionable information necessary to solve recurring problems and to discover opportunities to better serve their customers.