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Separately, Winn-Dixie will buy the stores' inventory at prices to be negotiated, a company spokesman said.
In September 2009, the company wove in individual stores' inventory to the Web site, so that essentially all of the stores were also acting as warehouses for online.
It now shows sites that carry an item and compares prices and shipping fees, and connects with stores' inventory feeds to show where the item is in stock nearby.
Avin Domnitz, chief executive of the association, said he hoped Bookscan's system of collecting data directly from stores' inventory systems would make it easier for stores to report to the association's Booksense best-seller list.
Duane Reade will pay $30 million to buy the chain's 38 stores and will cover the value of the stores' inventory, now worth an estimated $31 million, when the transaction closes.
On the other, returns can be processed and reworked directly at the store and added to the stores' inventory afterwards (5). .
Similar(50)
Such technologies would reduce stores' inventories while enabling them to offer greater selection.
At general merchandise stores, inventories climbed 0.8percentt in May after falling 0.9percentt.
On Monday, it is going one step further, introducing an iPhone application, Lucky at Your Service, that ties into stores' inventories.
Stores' inventories shift continually, and Westchester, it seems, always has an ample supply of the confused, the uninformed and the dial-pad-impaired in stock.
Wal-Mart (and its stockholders) has probably made more money from computers (in managing its stores' inventories) than has any high-tech manufacturer.
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