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Loehmann’s selects MID Retail’s planning and allocation software

BY Katherine Boccaccio

New York — MID Retail Inc. announced Monday that discount fashion retailer Loehmann’s has selected its Advanced Merchandise Planning and Advanced Allocation software to forecast store-level demand, accurately generate buying plans, and intelligently manage the flow of merchandise to retail stores.

“MID Retail’s tight integration between the planning and allocation processes, as well as its ability to completely automate our allocation workflows, will make our headquarters personnel more productive and ensure our customers experience strong in-stock positions at all our stores,” said Josh Rosenfeld, SVP planning and allocation for Loehmann’s.

Because Loehmann’s buys merchandise opportunistically, its buying processes aren’t strictly tied to particular seasons, brands or styles, according to the company. Its merchants need to plan for a full line of apparel available across the categories and sizes its customers want to find in each individual store – without always knowing what specific merchandise will fulfill the customer needs. As Loehmann’s buyers are able to acquire the actual merchandise, the company must then intelligently allocate to its stores based on real-time customer demand.

After reviewing a number of different software options, Loehmann’s selected MID’s Advanced Merchandise Planning and Advanced Allocation software because of its ability to add value across all of Loehmann’s sophisticated forecasting, planning, and allocation processes.

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S.Gacho says:
Mar-21-2013 07:50 am

retailing business is good if
retailing business is good if you are into bulking buying and bulking selling. the more you buy the higher discount you get. - JustFab

S.Gacho says:
Mar-21-2013 07:50 am

retailing business is good if you are into bulking buying and bulking selling. the more you buy the higher discount you get. - JustFab

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NRF ‘BIG Show’ gets underway

BY Marianne Wilson

New York — The National Retail Federation’s 102nd Annual Convention & Expo, also referred to as Retail’s BIG Show, opened on Sunday, with more than 27,000 attendees from more than 70 countries around the globe. The event, taking place at the Jacob Javits Convention Center in New York City, runs through Jan. 15.

The lineup of speakers for the show ranges from designer Donna Karan to Starbucks Coffee Co. founder and CEO Howard Schultz to Walmart U.S. CEO Bill Simon. On Monday, Former U.N. Secretary General Kofi Annan will deliver the keynote address, focusing on how retailers can contribute to world peace by helping nations build economic prosperity.

On Tuesday, Amazon’s founder and CEO Jeff Bezos will accept the NRF’s prestigious Gold Award, and Christine Day, CEO of Lululemon, will accept the International Retailer of the Year Award.

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P.Lopez says:
Apr-10-2013 01:33 pm

chat random
Secretary General Kofi Annan will deliver the keynote address, focusing on how retailers can contribute to world peace by helping nations build economic prosperity. chat random

P.Lopez says:
Apr-10-2013 01:33 pm

Secretary General Kofi Annan will deliver the keynote address, focusing on how retailers can contribute to world peace by helping nations build economic prosperity. chat random

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Former Tyco exec new president of National Envelope

BY CSA STAFF

FRISCO, Texas — National Envelope, a privately held envelopes manufacturer in North America, has appointed former Tyco executive Jim Pinto to president and COO.

An affiliate of global investment firm the Gores Group, National Envelope regards itself as an environmental leader in the paper and envelope converting industries and has certifications from the Forest Stewardship Council, Rainforest Alliance, Sustainable Forestry Initiative, Programme for the Endorsement of Forest Certification and Green Seal.

Prior to joining National Envelope, Pinto previously held executive roles in industrial manufacturing companies, responsible for billion dollar supply chain organizations, and most recently served in the position of global VP of operations and supply chain management with Atkore International, a divestiture of Tyco International.

“Jim Pinto is the right person to lead National Envelope to a new era of success. He is a pragmatic, solid leader and National Envelope is fortunate to have him at the helm,” said Tim Meyer, chairman of the board of National Envelope and managing director for the Gores Group. “His operational experience in commodity type environments and extensive knowledge of the industry, combined with his track record of success helping businesses reach their potential make him an incredible asset.”

Prior to joining Atkore, Pinto was president and CEO at Clyde Union LLC, which supplies engineered industrial pump systems to the oil and gas, nuclear power and water industries globally. In addition, Pinto spent more than 20 years in progressive roles within Textron Inc., a multi-industry business serving the aerospace, automotive, financial and industrial markets. His positions included VP and GM as well as VP of integrated supply chain. He earned an MBA from Sacred Heart University in Fairfield, Connecticut.

“Today’s envelope and direct marketing communications industry requires a forward-looking vision, and we are entering a new phase in National Envelope’s ongoing transformation,” said Pinto. “Commercial and operational excellence are critical components for both transformation and success, and we’re looking forward to positioning National for growth. I’m proud to be a part of this exceptional organization, and as we begin a new year, I look forward to continuing to work with our team members to execute a revitalized strategy."

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