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TheStreet Open House

Photo Release -- SPS Commerce And Retail Systems Research Unveil Retail Industry Benchmark Report

MINNEAPOLIS, Dec. 12, 2012 (GLOBE NEWSWIRE) -- SPS Commerce (Nasdaq:SPSC), a leading provider of on-demand supply chain management solutions, today unveiled a new industry benchmark report, Retail Insight: Strategies and Trends for 2013 and Beyond . The company teamed with Retail Systems Research (RSR), the only research company run by retailers for the retail industry, to develop the report by surveying the retail industry and providing insight into emerging retail trends and their impact on the supply chain. The report was distributed at SPS Commerce's recent 2012 Customer Council event in Minneapolis . Executives from SPS and RSR will present the survey's findings in a live webinar on January 24, 2013.

 Benchmark Report
Retail Industry Benchmark Report

A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=16253

"We were delighted to work with SPS Commerce and its customers to report on the current trends, challenges and opportunities in today's retail environment," said Nikki Baird, Managing Partner at RSR. "We found that retailers and suppliers alike are increasingly focused on acquiring customer insights, a trend being driven primarily by the increased power of consumers. According to the survey respondents, a brighter future lies ahead. More than 80 percent of respondents are optimistic about sales growth in 2013. The report offers a wealth of information and is a must-read for anyone in the retail industry."

The Retail Insight report covers a variety of topics impacting today's supply chain, including:

  • Factors impacting 2013 budgets
  • 'The Amazon Effect' on consumer expectations
  • Supply chain collaboration becomes a priority in 2013
  • Customer intelligence strategies and how organizations plan to use it
  • The communication shift to mobile/social
  • Investment priorities for 2013

"SPS is pleased to offer this independent research to the retail community," said Archie Black, president and CEO of SPS Commerce. "RSR' findings echo what we have heard in 2012 from retailers, vendors and 3PLs, and include some surprises. The industry is facing new challenges and looking to collaboration between trading partners to garner new efficiencies and address the increasing demands of the social consumer."

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