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British multinational retailing company Arcadia Group has selected Oracle retail platform to optimize retail operations and support its developing international business. The fashion retailer will use Oracle Retail Merchandising Operations Management, Oracle Retail Merchandise Planning and Optimization, and Oracle Commerce applications to meet customer demand in its 2,507stores and 600 international franchised outlets across 36 countries.

British multinational retailing company Arcadia Group has selected Oracle retail platform to optimize retail operations and support its developing international business. The fashion retailer will use Oracle Retail Merchandising Operations Management, Oracle Retail Merchandise Planning and Optimization, and Oracle Commerce applications to meet customer demand in its 2,507stores and 600 international franchised outlets across 36 countries.

Building on the foundation that Micros established serving the hotel and F&B industries, Oracle has launched Oracle Hospitality Global Business Unit to accelerate development of cloud, mobile and guest-experience technology. Mike Webster, SVP and general manager, Oracle Retail and Hospitality, told Hotel Business that the integration has been going quite well (Oracle acquired Micros in 2014), and that combining the companies into Oracle Hospitality will allow customers to get the best of both worlds: "We're preserving the intimacy and domain expertise that Micros had built and combining that with the scale and global reach of Oracle."

Building on the foundation that Micros established serving the hotel and F&B industries, Oracle has launched Oracle Hospitality Global Business Unit to accelerate development of cloud, mobile and guest-experience technology. Mike Webster, SVP and general manager, Oracle Retail and Hospitality, told Hotel Business that the integration has been going quite well (Oracle acquired Micros in 2014), and that combining the companies into Oracle Hospitality will allow customers to get the best of both worlds: "We're preserving the intimacy and domain expertise that Micros had built and combining that with the scale and global reach of Oracle."

Vendor eyes multi-channel as it builds cloud portfolio. Oracle is hitting retailers with a flood of enterprise software as it seeks to establish itself as a key cloud player in the market. The software vendor will launch six products covering critical ecommerce, customer engagement, order management, order fulfilment, loss prevention, and brand compliance. Jill Puleri, SVP and GM at Oracle Retail, said: "Retailers looking for agility, performance, and cost predictability are increasingly considering the cloud. "The new Oracle Retail Cloud Services help eliminate the time and cost constraints that too often hamper retailers' ability to respond to new opportunities for growth." Many of the products are dedicated to enabling multi-channel operations, a focus for retailers seeking to integrate their online and offline business amid rising customer expectations.

Vendor eyes multi-channel as it builds cloud portfolio. Oracle is hitting retailers with a flood of enterprise software as it seeks to establish itself as a key cloud player in the market. The software vendor will launch six products covering critical ecommerce, customer engagement, order management, order fulfilment, loss prevention, and brand compliance. Jill Puleri, SVP and GM at Oracle Retail, said: "Retailers looking for agility, performance, and cost predictability are increasingly considering the cloud. "The new Oracle Retail Cloud Services help eliminate the time and cost constraints that too often hamper retailers' ability to respond to new opportunities for growth." Many of the products are dedicated to enabling multi-channel operations, a focus for retailers seeking to integrate their online and offline business amid rising customer expectations.

PureFormulas.com spent an estimated 1,000 hours, or more than 40 full days, meeting with or investigating all the major e-commerce platform vendors-including Demandware Inc., hybris AG, Magento-before buying from Oracle Corp. The retailer signed a contract with Oracle in May 2013, downloading Oracle Commerce software on its own servers. The implementation required in-house design work and coding in advance of the full launch in August of the retailer's new platform-which has also been deployed by larger retailers, including, last year, Kohl's Corp., a retail chain that took in $1.76 billion in web sales in 2013, according to Top500Guide.com.

PureFormulas.com spent an estimated 1,000 hours, or more than 40 full days, meeting with or investigating all the major e-commerce platform vendors-including Demandware Inc., hybris AG, Magento-before buying from Oracle Corp. The retailer signed a contract with Oracle in May 2013, downloading Oracle Commerce software on its own servers. The implementation required in-house design work and coding in advance of the full launch in August of the retailer's new platform-which has also been deployed by larger retailers, including, last year, Kohl's Corp., a retail chain that took in $1.76 billion in web sales in 2013, according to Top500Guide.com.

PureFormulas.com spent an estimated 1,000 hours, or more than 40 full days, meeting with or investigating all the major e-commerce platform vendors-including Demandware Inc., hybris AG, Magento-before buying from Oracle Corp. The retailer signed a contract with Oracle in May 2013, downloading Oracle Commerce software on its own servers. The implementation required in-house design work and coding in advance of the full launch in August of the retailer's new platform-which has also been deployed by larger retailers, including, last year, Kohl's Corp., a retail chain that took in $1.76 billion in web sales in 2013, according to Top500Guide.com.

Customers want retailers to be available to them around the clock, necessitating systems that run constantly. Senior Director of Technology Strategy for Oracle Retail David Dorf offers a preview of an Oracle OpenWorld session devoted to the advantages of running Oracle Retail on Oracle systems.

Customers want retailers to be available to them around the clock, necessitating systems that run constantly. Senior Director of Technology Strategy for Oracle Retail David Dorf offers a preview of an Oracle OpenWorld session devoted to the advantages of running Oracle Retail on Oracle systems.

Press release highlighting that Veterans Canteen Service implemented Oracle Retail applications and the Oracle E-Business Suite Release 12 to establish new merchandising, inventory and price processes designed to help increase sales and establish more control over inventory throughout its locations. The article notes that Veterans Canteen Service selected the Oracle Retail applications and Oracle E-Business Suite Release 12 based on integration capabilities and product attributes. The article also includes comments from Mike Webster, general manager, Oracle Retail noting that Veterans Canteen Service offers an important service to America's Veterans and Oracle Retail is proud to be a part of the team working to provide better service to canteen customers.

"The selection of Oracle Retail software builds on Kohl's successful deployments of a wide range of Oracle Applications, including Oracle PeopleSoft Financial Management, Oracle PeopleSoft Human Capital Management , several components of Oracle Fusion Middleware, Oracle Database and Oracle Exadata Database Machine"

"Oracle, of Redwood Shores, Calif., whose products are used by retailers in their back offices as well as on the shopping floor, said customers including Deckers Outdoor Corp. (NASDAQ:DECK), maker of UGG and Teva shoes, has deployed Oracle Retail Platform in global operations as well as 70 stores to improve performance and analysis. Russia's M Video, a consumer electronics retailer, had deployed Oracle Commerce software to connect 280 stores in at least 120 cities. As well, it might tap other products, including Endeca and Oracle ATG Web Commerce in 280 stores in 120 Russian cities. Oracle already sells systems and services to the top 20 global retailers, including human resources software and customer relationship management (CRM) systems to compete with IBM, Salesforce.com (NYSE:CRM) and others."

One of the key components of J. C. Penney's next phase includes an Oracle-based technology infrastructure. The system includes a suite of Oracle products, including Oracle Retail Merchandising Operations Management, Oracle Retail Merchandise Planning and Optimization, Oracle Retail Supply Chain Planning and Executive and Oracle Retail Stores...

Oracle Retail Merchandise Planning and Optimization solutions will allow Marisa to obtain retail-specific, science-based decision support and use that information to tailor assortments to key market segments. Marisa will also implement Oracle Database, Oracle WebCenter Portal and Oracle WebLogic Suite.

Oracle Retail Merchandise Planning and Optimization solutions will allow Marisa to obtain retail-specific, science-based decision support and use that information to tailor assortments to key market segments. Marisa will also implement Oracle Database, Oracle WebCenter Portal and Oracle WebLogic Suite.

Oracle unveils new Retail Cloud Services solutions The new solutions are designed to drive retail growth through cloud technology. Oracle has unveiled six new Retail Cloud Services designed to help retailers capitalize on modern business opportunities. Announced on Wednesday, the Redwood City, CA.-based firm said six new cloud solutions have been added to the company's retail cloud portfolio. Stemming from MICROS Retail solutions, acquired by Oracle last year, the new cloud services are designed to assist retailers in the management of e-commerce applications, customer engagement, the stock chain, ordering and brand compliance.

"Retailers looking for agility, performance, and cost predictability are increasingly considering the cloud," said Jill Puleri, senior vice president and general manager, Oracle Retail. "The new Oracle Retail Cloud Services help eliminate the time and cost constraints that too often hamper retailers' ability to respond to new opportunities for growth. Just as important, Oracle Retail Cloud Services allow retailers to focus on their business and work on strategic projects that add value to the business."

Retailer's implementation establishes foundation for sustainable growth across Nordstrom full line and Rack stores in North America Redwood Shores, Calif.-Apr 6, 2015 Leading fashion specialty retailer Nordstrom has implemented new Oracle Retail Merchandise Operations Management and Oracle Retail Store Inventory Management solutions to support its expansion in Canada. The retailer plans to roll out the latest releases of these Oracle Retail solutions companywide to support its Nordstrom and Nordstrom Rack stores. "Oracle is a valued partner to our business," said Bill Tucker, vice president of Technology, Nordstrom. "Oracle's retail industry solutions help to ensure that our technology investment evolves with our business to support our growth strategy and help us meet the changing expectations of our customers."

For its part, Oracle Hospitality will build on the foundation that Micros established in the hotel and F&B industries. Mike Webster, SVP and general manager, Oracle Retail and Hospitality, told Hotel Business that the integration has been going quite well (Oracle acquired Micros in 2014), and that combining the companies into Oracle Hospitality will allow customers to get the best of both worlds: "We're preserving the intimacy and domain expertise that Micros had built and combining that with the scale and global reach of Oracle." Oracle's platform for the hospitality industry offers comprehensive and integrated software, cloud offerings and hardware solutions for hotels, casinos, table and quick-service restaurants, sports and entertainment venues, and cruise operations from small independents to large global chains. Webster noted that the company has several short-term priorities: a seamless transition for customers, an organizational structure based on business segments; and integration of Micros with Oracle's technology.

For its part, Oracle Hospitality will build on the foundation that Micros established in the hotel and F&B industries. Mike Webster, SVP and general manager, Oracle Retail and Hospitality, told Hotel Business that the integration has been going quite well (Oracle acquired Micros in 2014), and that combining the companies into Oracle Hospitality will allow customers to get the best of both worlds: "We're preserving the intimacy and domain expertise that Micros had built and combining that with the scale and global reach of Oracle." Oracle's platform for the hospitality industry offers comprehensive and integrated software, cloud offerings and hardware solutions for hotels, casinos, table and quick-service restaurants, sports and entertainment venues, and cruise operations from small independents to large global chains. Webster noted that the company has several short-term priorities: a seamless transition for customers, an organizational structure based on business segments; and integration of Micros with Oracle's technology.

To help improve customer experience and increase inventory sell-through, Oracle has launched a new release of Oracle Retail Allocation that enables retailers to deliver the best assortment of products for each location using real-time inventory levels along with sales and planning information. "Smarter allocation is the last mile to improving customer experience and protecting margins," said Mike Webster, Senior Vice President and General Manager, Oracle Retail. "The latest update to Oracle Retail Allocation delivers deep retail functionality, actionable insight, and a user interface that makes sense for today's users."

Oracle Industry Connect, Washington DC- Apparel retailer and wholesaler Perry Ellis International upgraded its major retail systems to Oracle Retail Release 14 to deliver a commerce anywhere experience in which inventory is available to fulfill customer purchases from any channel. The move to this latest release will also unite Perry Ellis' US and European retail stores with a single global instance of Oracle Retail Merchandising System that serves both markets.

Oracle Financial Services has expanded its Oracle Financial Services Enterprise Risk Management suite to include a new model risk management solution, as well as enhanced offerings for regulatory capital management and credit risk management. Oracle's Enterprise Risk Management suite, part of the Oracle Financial Services Analytical Applications family, provides a single, unified platform that helps today's financial institutions meet increasingly complex compliance requirements and performance objectives. The end-to-end platform enables financial services organizations to effectively identify and manage risk to support their risk-adjusted performance objectives, promote a proactive risk management culture and mitigate the costs of compliance. Model Risk Management To meet evolving regulatory mandates, financial institutions require a comprehensive view of risks associated with inaccurate or improperly applied financial and business models. Many firms are struggling to achieve this transparency because they continue to manage their models in siloed environments. Oracle Financial Services Model Risk Management provides a common environment to manage all risks associated with the use of models, including risks arising due to poor data quality, incorrect or inappropriate use, design flaws, incorrect implementation and unauthorized access. The solution delivers a single repository for all model information across the enterprise, includes pre-built dashboards to jump start benefits and provides drill-down capabilities for in-depth insight. This application provides a common environment to manage risks associated with the use of models including risks arising due to data quality, incorrect or inappropriate usage, design flaws, incorrect implementation and unauthorized access. The solution helps firms to improve governance around the use of models through a comprehensive, structured and consistent framework for periodic assessment and validation of models ac

"As consumers continue to dictate how, when and where they make purchases, Oracle believes that providing commerce anywhere is imperative for retail success." said Mike Webster, Senior Vice President and General Manager of Oracle Retail. "Retailers need to invest in aligning and integrating retail processes with the needs of individual consumers to compete and grow effectively in the New Retail Democracy."

"As consumers continue to dictate how, when and where they make purchases, Oracle believes that providing commerce anywhere is imperative for retail success." said Mike Webster, Senior Vice President and General Manager of Oracle Retail. "Retailers need to invest in aligning and integrating retail processes with the needs of individual consumers to compete and grow effectively in the New Retail Democracy."

We spoke to various industry experts who revealed their top predictions for the future of retail including Oracle, IBM, Retail Wire ... ...David Dorf / Oracle: Retail will change in many ways, but immediacy will have the biggest impact. Our homes will replenish themselves; our packages will arrive hours after the order; retailers will bid on the right to sell us products in real time; our in-home printers will produce products as we watch. These are examples of consumers having immediate access to the products they want. The technologies to support these scenarios already exist, so we're not waiting on anything new to be invented. All of these scenarios are already a reality in small, independent deployments. It's only a matter of time before retailers evolve their business models to fully embrace this notion of immediacy. That's not to say traditional channels will cease to exist. Physical and digital retail won't fade away, nor will the importance of good customer service. But massive improvements achieved in forecasting, sourcing, and moving products will radically change the landscape in which we trade. Obviously no one will wake up tomorrow to this new reality. It will emerge slowly over many years, but we can already see evidence of the coming changes. Every retailer needs to think in these terms, and make sure each investment moves them closer to the goal.