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Adidas, which was an existing Oracle financials user, initially implemented XBR in its North American operation, where the retailer felt there would be the best commercial and functional fit. Satisfied with the comprehensive visualization XBR provided into North American loss prevention data, Adidas launched XBR in Europe in 2009, but encountered initial difficulties.

With a worldwide operation, complicated supply chains and retail outlets on top of manufacturing responsibilities, getting product to the buyer is not as easy as Adidas makes it seem. But through a data mining and loss prevention program powered by Oracle MICROS XBRi, the company has harnessed its point-of-sale data to cut down on preventable losses and build a leaner business.

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."

Oracle Industry Connect 2015 wrapped recently, and best-of-breed retailers and brands including Nordstrom, ULTA Beauty, Adidas, Lilly Pulitzer, Gap, Charming Charlie, and more presented their paths to omni-channel, or as Mike Webster, senior VP and GM retail and hospitality, put it "evolved omni-channel, as it blends digital and physical, because 'it's all retailing.'"

(Scroll to article just below ULTA feature:) Attendees at the annual Oracle event were treated to a number of presentations by retail executives, from companies including: Nordstrom, The Gap, John Lewis, adidas, Academy Sports, Chico's, Lilly Pulitzer and more. Recurring themes for sessions centered around omnichannel strategies and improving the customer experience with comprehensive technology solutions. During keynote sessions, Oracle executives talked about the importance of delivering Commerce Anywhere capabilities to retailers. Mike Webster, SVP and GM, Oracle Retail, noted: "You don't have a big data problem, you have a small insight problem…Big Science is the answer." Jill Puleri, Oracle's new SVP and GM, Global Retail Business Unit, discussed ways retailers are using mobile differently to address five elements of disruption: mobility, data breaches, same-day delivery, wearables and weather.