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Ascena Retail Group to roll out Oracle E-Business solution

BY CSA STAFF

Redwood Shores, Calif. — Ascena, parent company of Dress Barn, Maurices and Justice, said Friday that it has selected Oracle E-Business Suite Financials to streamline financial operations across the company’s growing retail operations.

“Our due diligence process determined that the Oracle applications provided us the best solutions for integrating and managing our business and establishing a foundation for growth. Oracle’s partnership and product offering enable us to focus on providing our customers with an unmatched retail shopping experience,” said Armand Correia, CFO, Ascena Retail Group.

Ascena said it will migrate its enterprise financial operations to the Oracle Applications including Oracle E-Business Suite Financials, Oracle Hyperion Planning and Budgeting and Oracle Governance, Risk and Compliance solutions.

The Oracle applications will replace disparate enterprise systems being used by Dress Barn and Maurices and upgrade the Oracle E-Business Suite applications already in use at Justice to the latest version.

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Lexmark Canada introduces latest AIO printer

BY CSA STAFF

RICHMOND HILL, ON and LAS VEGAS– Lexmark Canada has launched the latest addition to its award-winning lineup of Web-connected, all-in-one (AIO) inkjet printers – Lexmark Genesis.

The Lexmark Genesis targets professionals, small business and home office customers who are looking for an AIO printer that has innovative technology, is highly productive and is also bold and stylish, the company stated in a press release.

"The Lexmark Genesis not only looks, but acts like no other AIO printer on the market today," said Marty Canning, Lexmark EVP and president, imaging solutions and services. "Busy professionals will immediately experience time-savings with unmatched speed when scanning content to the cloud, instant preview to eliminate waste, and one touch applications that users have come to expect with their technology today. These innovative features, packaged in a sleek new design, make Genesis a must have."

Lexmark Genesis includes a 4.3-inch capacitive color touch screen that enables users to access Lexmark’s SmartSolutions , as the ability to access and print directly from such social networking sites as Facebook and Twitter.Theprinter also features the company’s Vizix print technology, which uses separate ink cartridges to enable greater speed and produces high quality print output at an economical replacement cost for customers.

Lexmark Genesis ($399) is available online now exclusively with Future Shop Canada and will be sold in the retailer’s stores beginning February.

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MSLO CFO leaving company

BY CSA STAFF

NEW YORK – Martha Stewart Living Omnimedia announced that Kelli Turner will step down as the company’s CFO and will be leaving to join a private company in the near future. A search for MSLO’s new CFO is currently underway, the company reported. In the interim, MSLO controller Allison Jacques will serve as the company’s principal financial and accounting officer.

Executive chairman and principal executive officer Charles Koppelman commented: "I want to thank Kelli for her many contributions and wish her well in her new role. I have great confidence in the financial team that remains in place. With 14 years of senior finance experience with the Company, Allison has a deep understanding of the business and is a well-respected member of the executive team."

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