This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

LUSH Fresh Handmade Cosmetics Cleans Up With Qlik, Achieves Savings Of £1 Million

Qlik (NASDAQ: QLIK), a leader in user-driven Business Intelligence (BI), today announced that LUSH Fresh Handmade Cosmetics is using the QlikView Business Discovery platform to drive in-store profitability and deliver savings of over £1 million in stock loss.

A UK-based cosmetics company with over 900 stores in 51 countries, LUSH is a manufacturer as well as a retailer and prides itself on delivering an excellent service to buyers, manufacturing teams, shops and customers. Working with many datasets – retail data within EPOS systems, supply chain and stock management, payroll and timesheet systems for staff management – LUSH needed a technology platform that could be used by employees at every level throughout the business to provide access to relevant sales, stock, store and staff information to improve performance. Working with specialist CRM consultancy and BI provider QGate, LUSH decided to deploy QlikView.

“We selected QlikView Business Discovery as it’s a very easy system for all of our staff to use, even with varying levels of technical experience,” said Scott Silverthorn, Head of Data Services at LUSH Fresh Handmade Cosmetics. “As it is used by many different parts of the business, QlikView allows us to continually make insights into our company. Some of the shop managers have told us they have had their most profitable year ever because QlikView has brought together the data they need to manage their sales, their stock and their staffing. By pulling it together in one place for analysis, QlikView allows them to make the right decision.”

The QlikView Business Discovery platform is deployed across the entire LUSH organization. The retail accounts team uses QlikView to dig into the numbers behind the sales in each shop, to keep an eye on ledgers, petty cash and every other aspect of running the business financially. The technology is also used in all the stores, so all the shop managers and employees on the shop floor have access to QlikView reports for updates every hour through the day with live access to their sales information, as well as their stock position so they can make the right decisions as they are ordering in-store. With 70 percent of staff accessing QlikView every day to review sales and stock and managers monitoring performance via the live sales tool, LUSH can also promote a healthy sense of competition across retail sites.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,086.63 -26.91 -0.16%
S&P 500 1,987.01 +3.48 0.18%
NASDAQ 4,473.6970 +17.6810 0.40%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs