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Ann & Hope Picks GERS Retail Systems to Deliver Merchandise Planning Solution
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Added: 12/29/2003
Type: Summary
Viewed: 1173 time(s)
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Ann & Hope Picks GERS Retail Systems to Deliver Merchandise Planning Solution
GERS Retail Systems, a leading provider of business solutions for the retail industry, today announced that Ann & Hope, a specialty retailer headquartered in Cumberland, RI, has implemented the GERS PLANalyst Merchandise Planning solution to increase the accuracy of their merchandising forecasts. The easy-to-use solution from GERS allows them to shorten their planning cycle, reduce markdowns, and increase overall profitability.
“With GERS’ PLANalyst, our planners can quickly analyze historical buying patterns and share that information up and down the decision chain to create more accurate and timely merchandise plans,” said Lloyd Merrill, Vice President of Information Systems for Ann & Hope. “The ability to more precisely target categories by location will allow us to maximize our investment in inventory and create greater customer satisfaction and sales, to the betterment of our bottom line.”
With PLANalyst, Ann & Hope can dynamically forecast, create, analyze, and manage merchandise plans to increase margins, decrease costs, and develop more profitable customer relationships. Advanced functionality enables synchronization of merchandise planning and forecasting, open-to-buy, and performance analysis, allowing Ann & Hope to tightly control the merchandise planning process and improve productivity. GERS also provided a solid foundation of best planning practices and a FasTrack implementation so that Ann & Hope could effectively realize the benefits of an integrated merchandise planning solution.
"Ann & Hope, an organization that helped pioneer the concept of outlet shopping, is poised to reach a new level of success in retailing,” said Phil Kenney, Vice President of Marketing for GERS Retail Systems. "We're looking forward to partnering with Ann & Hope and providing the tools to enable them to refine their merchandise planning processes for continued growth and greater profitability."
“Partnering with the professionals at GERS has been a delightfully positive experience,” added Merrill.
About Ann & Hope
Ann & Hope operates 45 stores with several distinct discount outlet concepts such as Curtain and Bath Outlet, Garden Outlet, Dollar Outlet, CFO Fashion Outlet, and the Kids Outlet. These stores currently operate in Massachusetts, Rhode Island, Connecticut, and New Hampshire with the corporate offices located in Cumberland, Rhode Island.
About GERS Retail Systems
With nearly 30 years of experience and 300 installations worldwide, GERS Retail Systems is a leading supplier of software solutions for the retail marketplace. The GERS Electronic Retail Enterprise includes mission-critical transaction management applications for multi-channel retailing, and provides fully integrated corporate office applications for merchandise replenishment and allocation, distribution center management, and financial control. Integral to the GERS solution set are Business Intelligence applications for predictive modeling and decision support, Merchandise Planning and Allocation tools for increasing returns on inventory investments, and Supply Chain solutions for streamlining communications and maximizing productivity across the enterprise. For more information, please visit our website.
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Poster: Steve Goodman
Added: -0/9-/2004
Please pass this on to Mr. Fred Looney at Ann & Hope. Thank you
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