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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Cheesecake Factory Inc    CAKE

CHEESECAKE FACTORY INC (CAKE)
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Cheesecake Factory : Retail Pioneer Alshaya Embarks on Retail Reimagined Journey with JDA

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09/19/2018 | 01:23pm CEST

Alshaya, a retail franchise pioneer in the Middle East and operator of some of the world`s best-known retail brands - including H&M, Victoria`s Secret, Mothercare, Debenhams, Starbucks, The Cheesecake Factory and Pottery Barn - has selected JDA Software, Inc., to build an end-to-end SaaS-based Intelligent Retail footprint as part of a wider enterprise transformation to improve operational efficiency, deliver a superior customer experience, and enable ongoing growth and innovation.

Alshaya operates nearly 90 leading international brands across a footprint of more than 4,000 stores, supported by 53,000 employees in the Middle East and North Africa, Russia, Turkey and Europe. Its multi-brand, multi-market portfolio covers a range of sectors including Fashion & Footwear, Food, Health & Beauty, Pharmacy, Optics, Home Furnishings and Leisure & Entertainment.

As we mature our omni-channel offer, we wanted a supply chain partner who was able to support the scale and complexity of our business, said Steve Marston, chief information officer at M.H. Alshaya Co. As well as being more agile with our merchandising and inventory management, we also want to unite our supply chain planning and execution across our transportation and warehouse operations. We are delighted to partner with JDA to support our vision of growth.

Alshaya has selected a powerful, end-to-end Intelligent Retail footprint and complete services portfolio from JDA that will deployed as part of a multiyear supply chain journey, in a SaaS model. These include:

JDA Intelligent Planning solutions: Covering JDA Enterprise Planning, JDA Assortment, JDA Space and Category Management solutions, JDA Price and Promotions and more

JDA Intelligent Fulfillment solutions: Covering JDA Demand, JDA Fulfillment, JDA Warehouse Management and JDA Transportation Management solutions

JDA Intelligent Store solutions: Covering the full JDA Enterprise Store Operations solutions portfolio for workforce management operations in Alshayas food business.

In addition, JDA will provide consulting, education, and training support to Alshaya teams

Alshaya selected JDA as its supply chain solution provider for this large-scale, multi-year project based on its decade-long cloud experience and its pivot to a SaaS model, as well as its experience working with major retail brands on large scale, successful and transformative deployments and its strong expertise in the Middle Eastern region.

This is the beginning of an exciting journey for us with Alshaya to create a truly end-to-end SaaS-based retail supply chain footprint that delivers significant value to the business and its customers, said Johan Reventberg, President, EMEA, JDA. We look forward to working with such a retail pioneer, leveraging our entire retail solutions and strategic services portfolio, to support them across their impressive international footprint.

(c) 2018 Qatar Tribune. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2018 2 367 M
EBIT 2018 137 M
Net income 2018 115 M
Finance 2018 19,3 M
Yield 2018 2,28%
P/E ratio 2018 21,58
P/E ratio 2019 19,26
EV / Sales 2018 1,03x
EV / Sales 2019 0,98x
Capitalization 2 463 M
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Mean consensus HOLD
Number of Analysts 20
Average target price 53,8 $
Spread / Average Target 0,09%
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Managers
NameTitle
David M. Overton Chairman & Chief Executive Officer
David M. Gordon President
Russell S. Greene EVP-Operations Services & Sustainability
Matthew Eliot Clark Chief Financial Officer & Executive Vice President
Jerome I. Kransdorf Lead Independent Director
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