Business Services Industry
Supermarket Chain Save Mart Stays Ahead of Competition with SPSS Predictive Analytics; Keeps Profit Margins in Line
Business Wire, March 14, 2005
CHICAGO -- Save Mart Supermarkets, a 120-store chain in California, is using predictive analytics software from SPSS Inc. (NASDAQ:SPSS) to fend off competitors in its markets by tightly controlling category management and keeping profit margins in line.
SaveMart's use of the ShowCase(R) Suite from SPSS, a business intelligence and data mining solution for organizations using the IBM(R) eServer iSeries(TM) (AS/400(R)) computing platform, quickly evolved into a key business tool supporting strategic and tactical business decisions across Save Mart's operations.
Using SPSS' ShowCase Suite, Save Mart can fully assess the dynamics of each store's performance and can make the right decisions on the inventory, pricing and promotional activities that will benefit each store.
"With us facing tough competition from national supermarket chains, it's critical that we immediately understand how each store's categories are being affected by market changes," said Sandy Strube, Save Mart financial analysis manager. "SPSS enables us to make quick, informed decisions and plays a large part in keeping Save Mart ahead of our competition.
"SPSS' predictive analytics software has brought valuable business insight to decision makers throughout our organization, from executives to store managers," added Strube. "This helps us make sound decisions to keep our customers happy and our business strong and viable."
About SPSS
SPSS Inc. (NASDAQ:SPSS) is a leading worldwide provider of predictive analytics software and solutions. The company's predictive analytics technology connects data to effective strategic action by drawing reliable conclusions about current conditions and critical future events. More than 250,000 commercial, academic, and public sector customers rely on SPSS technology to help increase revenue, reduce costs, improve important processes, and detect and prevent fraud. More than 95 percent of the Fortune 1000 companies are SPSS customers. Founded in 1968, SPSS is headquartered in Chicago, Illinois. For additional information, please visit www.spss.com.
Safe Harbor Statement
This press release contains forward-looking information made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward looking statements can be identified by phrases such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "could," "designed," "should be" and other similar expressions which denote expectations of future events rather than statements of fact. These forward-looking statements involve factors that are subject to risks and uncertainties. These risks and uncertainties, which may not be currently ascertainable and many of which are beyond the Company's control, may cause the Company's actual results, performance or achievements to be materially different than the results, performance or achievements expressed in or implied by the forward-looking statements. These risks and uncertainties are described in the Company's filings with the Securities and Exchange Commission ("SEC"). Copies of these filings are available either on the SEC's website at www.sec.gov or from the Company's investor relations department. In light of these risks and uncertainties, the inclusion of forward-looking statements in this press release should not be regarded as a representation by the Company that any future results, performance or achievements will be attained. These forward-looking statements speak only as of the date on which they are made. The Company assumes no obligation to update the forward-looking statements contained in this press release.
SPSS information is available on the World Wide Web through the SPSS Press Center at: www.spss.com/press
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