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Oracle has released Oracle Retail Release 14, offering new features throughout its suite of retail solutions that address customer engagements across touchpoints, and allow for more targeted assortment planning and greater inventory efficiency. The release offers new operational and planning processes that allow customers to buy, pick-up or return items in any channel and equip retailers to fulfill demand without channel constraints. The planning solution offers advanced clustering, microspace optimization, assortment and item planning, size-and-pack and clearance capabilities and uses retailers' own customer data to identify the factors driving buying patterns, allowing them to get even closer to the unique preferences of their customers.

Oracle has released Oracle Retail Release 14, offering new features throughout its suite of retail solutions that address customer engagements across touchpoints, and allow for more targeted assortment planning and greater inventory efficiency. The release offers new operational and planning processes that allow customers to buy, pick-up or return items in any channel and equip retailers to fulfill demand without channel constraints. The planning solution offers advanced clustering, microspace optimization, assortment and item planning, size-and-pack and clearance capabilities and uses retailers' own customer data to identify the factors driving buying patterns, allowing them to get even closer to the unique preferences of their customers.

Internet Retailer - "The Oracle Retail solution gives us a blueprint of where the assortment is going to lead us," said Robert Kim, vice president, Planning and Allocation, Forever 21. "Seeing the past performance by segment and looking at color penetration and fashion attributes is in itself a giant step forward, and the data can be sliced and diced in a way that is meaningful for our merchants. Oracle took a very complicated model and made it user-friendly. We expect to gain more insight and deliver an even better product assortment for our customers as we expand our use of the Oracle Retail solution."

Fast fashion retailer Forever 21 is using Oracle Retail Merchandise Planning and Optimization solutions to better predict demand and align assortments to customer preferences and expectations.

Forever 21, which now ranks as the fifth largest specialty retailer in the United States, is taking advantage of Oracle's advanced optimization technology and using Oracle Retail Merchandise Planning and Optimization solutions to help predict demand and align its assortments to meet the expectations and demands of its customers.

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."

Creating curated, consumer-focused product assortments means taking a more scientific approach to decision-making around planning and merchandising. The rewards will be seen not only in higher sales, turns and margins, but in customers' satisfaction at more easily finding the items they both need and want.

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.

"Our brands are committed to delivering an interactive, exciting and efficient shopping experience to all our customers around the world, no matter which channel they choose to use to visit us, from flagship stores to mobile devices," Sir Philip Green, owner of Arcadia Group said. "Global expansion is a key strategic focus for Arcadia, and to do this successfully, we need to make sure the best merchandise assortment is available in each store and channel. We expect Oracle to help us enhance our merchandising strategies to help ensure that we deliver the best possible customer promise every time.

"Our brands are committed to delivering an interactive, exciting and efficient shopping experience to all our customers around the world, no matter which channel they choose to use to visit us, from flagship stores to mobile devices," Sir Philip Green, owner of Arcadia Group said. "Global expansion is a key strategic focus for Arcadia, and to do this successfully, we need to make sure the best merchandise assortment is available in each store and channel. We expect Oracle to help us enhance our merchandising strategies to help ensure that we deliver the best possible customer promise every time.

"Our brands are committed to delivering an interactive, exciting and efficient shopping experience to all our customers around the world, no matter which channel they choose to use to visit us, from flagship stores to mobile devices," Sir Philip Green, owner of Arcadia Group said. "Global expansion is a key strategic focus for Arcadia, and to do this successfully, we need to make sure the best merchandise assortment is available in each store and channel. We expect Oracle to help us enhance our merchandising strategies to help ensure that we deliver the best possible customer promise every time."

"Our brands are committed to delivering an interactive, exciting and efficient shopping experience to all our customers around the world, no matter which channel they choose to use to visit us, from flagship stores to mobile devices," Sir Philip Green, owner of Arcadia Group said. "Global expansion is a key strategic focus for Arcadia, and to do this successfully, we need to make sure the best merchandise assortment is available in each store and channel. We expect Oracle to help us enhance our merchandising strategies to help ensure that we deliver the best possible customer promise every time."

Oracle will provide merchandise financial planning, assortment planning, size profiling and optimization systems. It's a full suite of retail business applications so that supply chains are managed better, inventory control gets tighter, core merchandising is improved and so Arcadia can track sales and fashion trends better and learn more about what sizes are needed in the stores, on an individual basis, rather than by country. According to Green, Oracle will enable Arcadia to "romance the customer" and intensify efforts to put up flagships and grow the online business.

Oracle will provide merchandise financial planning, assortment planning, size profiling and optimization systems. It's a full suite of retail business applications so that supply chains are managed better, inventory control gets tighter, core merchandising is improved and so Arcadia can track sales and fashion trends better and learn more about what sizes are needed in the stores, on an individual basis, rather than by country. According to Green, Oracle will enable Arcadia to "romance the customer" and intensify efforts to put up flagships and grow the online business.

"Our brands are committed to delivering an interactive, exciting and efficient shopping experience to all our customers around the world, no matter which channel they choose to use to visit us, from flagship stores to mobile devices," said Sir Philip Green, owner of Arcadia Group. "Global expansion is a key strategic focus for Arcadia, and to do this successfully, we need to make sure the best merchandise assortment is available in each store and channel. We expect Oracle to help us enhance our merchandising strategies to help ensure that we deliver the best possible customer promise every time."

"Our brands are committed to delivering an interactive, exciting and efficient shopping experience to all our customers around the world, no matter which channel they choose to use to visit us, from flagship stores to mobile devices," said Sir Philip Green, owner of Arcadia Group. "Global expansion is a key strategic focus for Arcadia, and to do this successfully, we need to make sure the best merchandise assortment is available in each store and channel. We expect Oracle to help us enhance our merchandising strategies to help ensure that we deliver the best possible customer promise every time."

"Our brands are committed to delivering an interactive, exciting and efficient shopping experience to all our customers around the world, no matter which channel they choose to use to visit us, from flagship stores to mobile devices," said Sir Philip Green, Owner of Arcadia Group. "Global expansion is a key strategic focus for Arcadia, and to do this successfully, we need to make sure the best merchandise assortment is available in each store and channel. We expect Oracle to help us enhance our merchandising strategies to help ensure that we deliver the best possible customer promise every time."

"Our brands are committed to delivering an interactive, exciting and efficient shopping experience to all our customers around the world, no matter which channel they choose to use to visit us, from flagship stores to mobile devices," said Sir Philip Green, Owner of Arcadia Group. "Global expansion is a key strategic focus for Arcadia, and to do this successfully, we need to make sure the best merchandise assortment is available in each store and channel. We expect Oracle to help us enhance our merchandising strategies to help ensure that we deliver the best possible customer promise every time."

Grocers use customer insights to manage assortments

Grocers use customer insights to manage assortments

Oracle today announced enhancements to Oracle Retail Category Management, which helps grocers, big box retailers, hardlines and department stores tailor assortments, pricing and promotions to specific customer segments

"Oracle Retail will help us improve our internal processes, analysis and decision making to manage inventory and deliver assortments," says CIO Michael Barrett

"We will use Oracle Retail to better serve the changing needs of our convenience customers by offering the best assortment by store and fresher products every day. Also to establish best practices and create a platform for growth," said Eduardo Trujillo, business transformation director, 7-Eleven Mexico.

Brazilian fashion retailer Marisa has selected Oracle Retail solutions to help improve merchandise allocation and planning and support the company's growth. With more than 410 stores spread across all regions of Brazil, the company will use the tools to obtain retail-specific, science-based decision support, and will in turn use that information to tailor assortments to key market segments.

"...We're really marrying up purchase behavior within the stores, purchase behavior in the digital channels and other external information to put together more relevant assortments. It's a great partnership between our merchants and our e-commerce business to bring it to life."

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.

South Africa apparel retailer Edcon will use Oracle Retail Merchandising suite of applications to integrate merchandising and financial planning, inventory and assortment management processes