Majid Al Futtaim Retail, Smyths Toys, The Southern Co-operative and ICA Sweden implement SECURE STORE software to deliver advanced data analytics
London, UK – 15 April 2015 – Sysrepublic, the global market leader in advanced data analytics, has today announced that Majid Al Futtaim Retail, Smyths Toys, The Southern Co-operative and ICA Sweden have implemented its SECURE STORE data analytics software to deliver advanced data analysis and identify ways of improving profits and reducing shrink.
Sysrepublic’s SECURE STORE advanced data analytics protects billions of retail transactions annually, totalling $620 billion in revenue across 45,000 locations worldwide. SECURE STORE offers proven performance in reducing loss across leading retailers including Argos, M&S, and Sainsbury’s to decrease shrink and improve overall profitability.
The software offers the most advanced, scalable query engine in the industry that, when combined with its proprietary retail database structure, offers real-time insight and analysis of retail data that isn’t often available to users. SECURE STORE boasts powerful analytics tools, user-friendly dashboards, and extensive reporting interfaces to provide a comprehensive analytical view of user actions and inefficiencies causing loss within the retail environment.
In addition, all four customers have recently joined Sysrepublic’s global user community, the SECURE Alliance, which promotes the sharing of profit protection ideas and methodology. The SECURE Alliance hosts annual user conferences across North America and Europe, aggregating information and intelligence to create the foundation for its “Risk Dictionary” – a collection of data analysis and querying best practices for all retail models.
Sysrepublic has been returning substantial gains to the top line sales figures of major retailers globally for more than 12 years. In the UK alone, 67% of all grocery transactions are reviewed by Secure Store software, with the vast majority of clients achieving 100% ROI within the first year.
Sysrepublic will be exhibiting at the Retail Fraud Conference (Stand 13) on the 23rd of April 2015 at the Novotel West London Hotel. Please get in touch if you would like to hear more about why the company is the leading partner for retailers across the globe seeking advanced data analytics to safeguard their operations.
About Majid Al Futtaim Retail
The exclusive franchisee for one of the world’s largest retail chains, Carrefour, in more than 38 countries across the Middle East, Western and Central Asia and Africa regions. It currently operates over 130 hypermarkets and supermarkets as well as a web-store in more than 13 countries across the region.
About Smyths Toys
Smyths Toys is based in Galway in the West of Ireland. The Company is a leading provider of children’s entertainment products with 70 stores throughout the UK and Ireland. The company’s goal is to provide consumers with an extensive range of high quality products at competitive prices.
About The Southern Co-operative
The Southern Co-operative is a successful independent UK regional business owned by its 150,000 members. Established in Portsmouth (Hampshire) over 140 years ago, it runs more than 190 community food stores, across eleven counties in southern England.
About ICA Sweden
With just over 1,300 stores and a market share of around 36%, ICA Sweden is the leading grocery retailer in the country. The business is operated in cooperation with independent ICA retailers. These retailers each own and operate their own store, making it possible to tailor concepts and offers to local demand. There is also extensive collaboration on expansion, sourcing, logistics, IT and marketing communication, enabling economies of scale to be achieved. ICA Sweden also has a convenience concept called ICA To Go and ICA Special.
Sysrepublic is the global market leader providing integrated Loss Prevention data analytics for, Point of Sale, Cash, stock and online solutions. The company’s flagship software solution, SECURE, is used by retailers worldwide to analyse data and improve profitability. Sysrepublic’s SECURE software protects almost 45,000 retail outlets worldwide processing billions of transactions and monitoring $620 Billion in revenue annually in more than 25 countries. Customers include 7-Eleven, ASDA, IKEA, Coles (Australia), ICA (Sweden), IKEA, Jumbo (Netherlands), M&S, Safeway, Sainsbury’s, Tesco and many other “tier one” retailers. Sysrepublic has offices in London, Los Angeles and Warsaw. For more information, visit www.sysrepublic.com.
Contact: Renee DeWolf, CFE – VP, Strategy firstname.lastname@example.org