Oracle Media Resource

Oracle is releasing six new Oracle Retail cloud services that provide retailers with rapid access to enterprise-grade applications for managing critical e-commerce, customer engagement, order management, order fulfillment, loss prevention, and brand compliance operations.

By David Dorf, Senior Director, Technology Strategy, Oracle Retail The October 2015 EMV deadline is looming. How can retailers who haven't prepared get up to speed, and realize benefits in the process?

News coverage of the Oracle Retail Cloud news release. The article states that the new cloud services are focus on helping retailers track their business-wide activity. The reporter notes in the Author's view section that, "by building out its Retail Cloud offering, Oracle appears to be making a strong play for the retail sector, across both online and physical stores. It is likely a push into vertical markets is a bid by Oracle to gain a competitive edge against rivals in the cloud market, such as SAP, IBM and Salesforce."

Specialty retailer uses Oracle to help increase available inventory while helping customers and associates easily find items online and at over 1,300 locations nationwide.

As part of a technology upgrade that includes a migration to Oracle's MICROS Xstore (now Oracle Retail Xstore), Lids rolled out Oracle's MICROS Retail Locate (now Oracle Retail Order Broker Cloud Service), enabling the retailer to nearly double the number of product SKUs available for sale online by exposing inventory in all Lids stores as well as throughout its supply chain.

"By rolling the new Oracle Retail solutions out in conjunction with the Canada expansion, we are able to fully evaluate and understand the new features and functionality before impacting our remaining store operations," said Bill Tucker, VP of Technology at Nordstrom. "As we put the Oracle solutions in place across the business, we are positioned to take immediate advantage of new features, performance, and functionality enhancements in Oracle Retail 14.1."

Lids Sports Group is upgrading to a new Oracle Retail POS solution that will simplify administration and the user experience for the more than 50 different POS screen and receipt configurations for the retailer's partner brands.

US retailer Lids Sports Group is rolling out Oracle solutions as it looks to make its entire inventory of team-specific sports apparel and memorabilia available in-store, online, or via mobile. As part of a technology upgrade that includes a migration to Oracle's MICROS Xstore (now Oracle Retail Xstore), Lids rolled out MICROS Retail Locate (now Oracle Retail Order Broker Cloud Service), enabling it to nearly double the number of product SKUs available for sale online by exposing inventory in all Lids stores as well as throughout its supply chain.

Internet Retailer - Technology/Order Management - Lids Sports Group Opens Up Inventory Across Channels With Oracle Retail Solutions

As part of a technology upgrade that includes a migration to Oracle's MICROS Xstore (now Oracle Retail Xstore), Lids rolled out Oracle's MICROS Retail Locate (now Oracle Retail Order Broker Cloud Service), enabling the retailer to nearly double the number of product SKUs available for sale online by exposing inventory in all Lids stores as well as throughout its supply chain. The specialty retailer's omnichannel inventory increases available SKUs while helping customers and associates easily find team-specific items online and in-store.

Larry Havlik, VP of IT and Systems at Lids Sports Group: "This is a significant step toward driving growth, by expanding the items we offer and giving customers the full benefit of our locations, in-store service and e-Commerce site."

New York University marketing professor Scott Galloway makes a strong case that pure-play retailers, whether just brick-and-mortar or just e-commerce, are doomed. He predicts that Amazon will stumble as stores beef up their e-commerce and especially their fulfillment options. Others don't buy that, saying that Amazon is in many ways as special as Jeff Bezos seems to think it is. "I disagree," writes Oracle's David Dorf in his Commerce Anywhere blog of Galloway's assertions. "Not because the logic is flawed, but rather because Amazon is not a typical retailer. I believe they could be profitable if they wanted to but instead choose to continue investing in widening their competitive moat. Not only is their retail business state-of-the-art, but their investments in AWS, tablets, payments, IoT, etc. are complementary, and help to diversify the business (yes, they can do both). Amazon is not your typical pure-play."

The six new Oracle Retail cloud services are aimed at providing retailers with fast access to enterprise-grade applications for managing critical e-commerce, customer engagement, order management, order fulfillment, loss prevention, and brand compliance operations.

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