CHICAGO – August 31, 2005 -- Information Resources, Inc. continues its efforts to provide expanded retail sales tracking coverage for fast-growing retail outlets, with the delivery of retail tracking information and business insights for Family Dollar Stores, one of the fastest-growing discount store chains in the United States with more than 5,800 stores across 44 states.
IRI, the leading global provider of enterprise market information solutions and services for the consumer packaged goods (CPG), retail and healthcare industries, is uniquely positioned to deliver account-specific, census-based, syndicated point-of-sale (POS) tracking and analysis for Family Dollar. IRI is providing CPG manufacturers with sales information to measure product performance and competitive activity within the Family Dollar chain and other dollar store sectors.
“Family Dollar remains focused on increasing collaboration with its vendor partners, providing the needed information to improve performance and ultimately meet consumer’s needs,” said Family Dollar Senior Vice President and General Merchandise Manager John Scanlon. “IRI has been a pioneer in providing information on channels that previously did not report their activities, and we are pleased to be working with them.”
“Providing expanded retail coverage in high-growth channels is essential for our customers to succeed in a highly complex marketplace,” said IRI President and Chief Executive Officer Scott W. Klein. “IRI has been a leader in providing insight into the dollar store channel, as well as many other fast-growing alternate retail channels like club stores. We continue to make significant strides in expanding the information picture for our customers through valued partnerships like Family Dollar, providing the required visibility to help our clients see things that they are missing to win at the shelf.”
Through a series of unique relationships and solutions, IRI has been leading the way in providing visibility and new business insights into previously unmonitored or difficult channels to track. As part of this effort, over the past 18 months, IRI has established unique information sharing relationships with multiple leading growth retailers.
Complete information about IRI and its solutions and services can be found at: www.infores.com.
About Family Dollar
With more than 5,800 stores in a 44-state area ranging as far northwest as North Dakota, northeast to Maine, southeast to Florida, and southwest to Arizona, Family Dollar Stores, Inc. (NYSE: FDO) has provided value-conscious consumers with competitive prices at neighborhood stores for over forty-four years. Offering a consistent selection of name brand and good quality merchandise in an attractive and convenient shopping environment, the Company is focused on continuing to meet the needs of shoppers looking for excellent value. More information is available at www.familydollar.com.
About Information Resources, Inc.
Information Resources, Inc. (IRI) is the world’s leading provider of enterprise market information solutions and services, empowering its clients to grow their business profitably in a complex marketplace. Driving the transformation of the consumer packaged goods (CPG), retail, and healthcare industries, only IRI provides a unique combination of real-time market content, advanced analytics, enterprise performance management software, and professional services. The company’s portfolio of services, solutions, and technology enable leading retailers and their suppliers around the globe to see what they are missing, act faster with greater confidence and win at the shelf. Ninety five percent of the FORTUNE Global 500 in CPG and retail leverage IRI to power their business. For more information, visit www.infores.com.