MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Stage Stores, Inc. is expanding its deployment of MicroStrategy for reporting and analysis of sales and inventory data. Stage Stores, Inc. operates 667 retail stores located in 33 states.
MicroStrategy will provide Stage Stores with key reporting and analysis capabilities to evaluate sales and inventory performance across its network of stores. The Stage Stores user community will include buyers, planners, and allocators evaluating operational performance with transactional reports. Stage Stores has also deployed MicroStrategy to assess vendor performance, analyze point-of-sale transactions, and produce financial reports.
“MicroStrategy is a powerful tool that provides excellent analysis capabilities, especially for organizations with enormous amounts of data,” said Jeff Kish, CIO of Stage Stores. “By streamlining the analysis of our transactional data, our users will have the information they need to make strategic, data-driven decisions.”
“We are delighted that Stage Stores has selected MicroStrategy for its merchandising analysis,” said Sanju Bansal, MicroStrategy’s COO. “The MicroStrategy platform enables retailers to gain valuable insights into essential areas such as store operations, product sales, marketing campaigns, merchandise management, and customer loyalty.”
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