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"Globalization is one of the primary sources of growth for retailers, and Oracle Retail Point-of-Service is focused on helping retailers quickly serve new markets while localizing offerings and providing a key component for cross-channel retailing," said Mike Webster, senior vice president and general manager, Oracle Retail. 

"Mobile has really served as the catalyst to get retailers thinking about unifying cross-channel efforts" says John Andrews of Oracle

At the Oracle Retail CrossTalk conference in June, key retail executives gathered in downtown Chicago seemed to agree on one thing: omnichannel gets all the buzz these days, and e-commerce is hot, hot, hot - but the brick-and-mortar store remains as important as ever.

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."

David Dorf, senior director of technology strategy for Oracle Retail, says the phrase "big data" first began to gain "buzz" status around five years ago. "It has come to represent the exponential growth of data and the complexity of analyzing it," he says. He starts with what has become the generic definition for big data - volume, variety and velocity. "Retailers have always dealt with big data in the sense that they handle thousands of [products], hundreds of stores and a steady stream of transactions," he says. "What's new is the variety of data. Some of it is highly formatted transactional data, but increasingly it's coming from sources such as a Twitter stream where there is natural language that's hard to understand using systems. The other thing that has changed is the velocity. Data is coming at us at a much faster pace."

David Dorf, senior director of technology strategy for Oracle Retail, says the phrase "big data" first began to gain "buzz" status around five years ago. "It has come to represent the exponential growth of data and the complexity of analyzing it," he says. He starts with what has become the generic definition for big data - volume, variety and velocity. "Retailers have always dealt with big data in the sense that they handle thousands of [products], hundreds of stores and a steady stream of transactions," he says. "What's new is the variety of data. Some of it is highly formatted transactional data, but increasingly it's coming from sources such as a Twitter stream where there is natural language that's hard to understand using systems. The other thing that has changed is the velocity. Data is coming at us at a much faster pace."

"Oracle's MICROS RES 5.4 allows TGI Fridays to manage the various aspects of running a restaurant, from tableside ordering to traffic and queue management, all from one solution and in a much more cost-effective way. It also puts the technology in the hands of the Fridays people, preserving the experience they can offer guests, rather than using tabletop technology that would reduce their interactions. The device also improves the table wait time and helps regulate the pace of orders sent to the kitchen."

"Oracle's MICROS RES 5.4 allows TGI Fridays to manage the various aspects of running a restaurant, from tableside ordering to traffic and queue management, all from one solution and in a much more cost-effective way. It also puts the technology in the hands of the Fridays people, preserving the experience they can offer guests, rather than using tabletop technology that would reduce their interactions. The device also improves the table wait time and helps regulate the pace of orders sent to the kitchen."

A conversation with Gordmans CIO Richard Heyman.

Adidas turns to a new Oracle data collection system to pinpoint problems and reduce shrinkage. ...In the end, Oracle Micros provided the best overall solution. "They had the highest degree of knowledge, they were very experienced and we were already using their Store 21 as our POS system," he says. "They were a really good fit." Not only that, but Micros managed to find a live internal theft case buried in the test data it had been given. "They were the only vendor that identified this," he says. "Before we even actually implemented the system, we had investigated a case and taken out an employee who had committed [$220,000] worth of fraud against us in the preceding 12 months. It was quite impressive."

BJ's recently went through a major upgrade of its XBR system when it served as Oracle's beta site for XBRi, a cloud-based version that uses a front-end analytics and reporting tool called Ingenium. "The new tool has several components that have helped us," says assistant VP of asset protection Brendan Fitzgerald. "It comes with a series of canned reports that we have been able to modify to meet the needs of our business. One thing we're doing is creating subscriptions for our regional asset protection managers to review weekly, which gives them a look at their region and their clubs. We've also been able to use the available functionality of those reports to send a weekly set of reports to our clubs that they can use to investigate activity and identify cases."

Looking at the many tech trends affecting full-service restaurants, two overarching themes emerge. One is the use of technology, particularly mobile devices, to enhance the guest experience-prior to the meal, at tableside, and beyond. The other big theme is restaurateurs' need for consistency and repeatability throughout the enterprise, in areas encompassing everything from pricing, menus, and reporting to regulatory compliance.

Johnny Belk, the company's COO, said at Oracle Retail's CrossTalk conference in June that the chain - like many other retailers - is dealing with a 14 percent increase in product prices heading into the fall season...

"We are enabling next generation best practices that will center on optimizing the customer experience at both the store and ecommerce level," says Mike Laurenti, CIO and EVP, Belk. "Oracle Retail shares this vision, which is why we selected them as a par

The implementation of Oracle Retail is part of a larger company-wide initiative in which Belk is revamping or replacing core processes and operations supporting its e-commerce site and 304 stores in 16 Southern states

Warnaco will use Oracle Retail assortment planning, size profile optimization and merchandise financial planning to create a unified retail planning model for select brands across various regions.