Keep up the good posts Arthur!
Ames Department Stores Chooses Retek to
Help Manage Sales Growth
PR Newswire - July 25, 2000 06:16
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MINNEAPOLIS, July 25 /PRNewswire/ -- Retek Inc. (Nasdaq: RETK)
today announced that Ames Department Stores has selected Retek Data
Warehouse (RDW) software to help Ames manage its rapidly growing retailing
and merchandising operations. Connecticut-based Ames, the nation's largest
regional, full-line discount retailer, will use RDW to integrate and streamline the
information systems for its 460 retail stores into a cohesive, easy-to-access
environment. Terms of the sale were not disclosed.
(Photo: newscom.com )
"Our business has nearly doubled in the last couple of years, and with that
growth comes more complexity," said Rolando de Aguiar, Senior Executive
Vice President, Ames Department Stores. "We need access to up-to-date
critical information that tells us how our businesses are performing in all the
different areas we operate. It was the main reason we chose to work with
Retek. They had the right solution and they understand the unique needs of the
retail industry."
Retek Data Warehouse is a powerful system designed exclusively for retailers
to track customers and their purchases, as well as to learn, adapt, and predict
their behaviors so as to achieve the optimum level of customer service. The
Retek Data Warehouse collects critical day-to-day transaction, planning,
forecasting and customer behavior information from an array of Retek and third
party data sources into one, easy-to-use software package.
According to de Aguiar, Ames needed a system that would allow it to keep
pace with its rapid growth and proactively manage merchandising efforts
through improved analysis and forecasting. Because RDW is part of a modular
information system, Ames is able to focus on its most pressing need of data
warehousing first and then easily add merchandising applications as needed.
"RDW gives Ames analysts and buyers capabilities they've never had before,"
said Gordon Masson, president, Retek Inc. "It allows the company to track
customer demands more accurately, analyze buying trends, replenish stock
more quickly, trim inventory costs, create bulk orders and manage
merchandising more efficiently. Retek is pleased to count Ames Department
Stores among its growing list of leading retailers."
A recent acquisition by Ames not only doubled its information volume, but also
brought with it incompatible data systems. By implementing RDW, Ames can
consolidate its information systems among its retail stores, and provide Ames
analysts and buyers with faster information access, new and better views, and
improved decision-making ability.
"Our ability to go in and talk to the stores, analyze the data and very quickly
make adjustments to their allocations is a significant advantage," said Denis
Lemire, President and Chief Operating Officer, Ames Department Stores.
"This system greatly enhances our ability to conduct our analysis and buying
with faster updates and less time chasing numbers and more time analyzing
them."
About Retek Inc.
Retek Inc. delivers high capacity, full function business infrastructure exclusively
for the changing world of retail.
Retek's solutions deliver improved decision-making capabilities and operational
efficiencies by enabling supplier network orchestration, multi-channel selling,
and retail CRM. Retek solutions are available on client platforms, through
retail.com -- Retek's Marketplace for the Retail Community -- and via
electronic exchanges operating Retek's Retail Server.
Retek's customers include A&P, AnnTaylor, Brooks Brothers, Family Dollar
Stores, Kohl's Department Stores, Bhs, Selfridges, Eckerd Corp., The Home
Shopping Network and Fogdog Sports.
For more information, visit Retek's web site at retek.com or call
1-888-61-RETEK. Retek can be contacted in Europe at +44-207-872-5795.
About Ames Department Stores
With 460 stores located in 19 states and the District of Columbia, Ames is the
nation's largest regional, full-line discount retailer with annual sales of over $4
billion. Ames offers a broad range of merchandise categories including family
apparel, housewares, domestics, electronics, ready-to-assemble and patio
furniture, jewelry, craft and pet supplies, health and beauty care items,
stationery, sporting goods, toys, seasonal products and more.
For more information about Ames Department Stores, please visit
www.AmesStores.com or www.espanol.AmesStores.com (in Spanish).
Trademarks
Retek and retail.com are trademarks of Retek Inc. Other names may be
trademarks or registered trademarks of their respective owners.
SOURCE Retek Inc.
/Contact: George Beard, Media Relations, george.beard@retek.com, or Bob
Kleiber, Investor Relations, 612-632-8154, or robert.kleiber@retek.com,
both
of Retek/
/Company News On-Call: prnewswire.com or
fax,
800-758-5804, ext. 135109/
/Photo: NewsCom:
newscom.com
AP Archive: photoarchive.ap.org
PRN Photo Desk, 888-776-6555 or 201-369-3467/
/Web site: retek.com
amesstores.com
espanol.amesstores.com /
(RETK) |
