Off-price apparel chain revamps the front end
Forman Mills is on a growth spurt — now it needs its point-of-sale (POS) to grow with it.
The off-price retailer has grown from a single store to a 36-store chain of “big box” warehouse-style stores across multiple states. As the retailer enters its next stage of expansion in connection with a recent investment from New York-based Goode Partners LLC, Forman Mills needed a front end solution that could support its growth, and drive more efficient checkout processes.
The chain turned to Aptos Singular Commerce suite of retail technology solutions. The cloud-based suite of solutions will help the chain roll out the new POS to its new locations faster and more efficiently.
“The Aptos Singular Commerce platform will enable us to better serve our customers through a faster and more efficient checkout process, and provide us tools to match assortment and store inventory allocations to customer needs,” said Allen Weinstein, executive chairman and interim CEO of Forman Mills. “The Aptos cloud delivery model also eliminates the need for significant infrastructure and hosting investment.”
Pet supplies giant acquires digital start-up
Petco has acquired a digital pet services company and, in so doing, got itself an experienced tech entrepreneur to drive its digital initiatives.
Petco has purchased PetCoach, a pet advice web site and app that helps pet owners take better care of their pets, connecting them with veterinarians for personalized answers to their questions. Terms of the deal were not disclosed.
As part of the acquisition, PetCoach co-founder and CEO Brock Weatherup will join Petco in the new role of executive VP, strategic innovation & digital experience. Weatherup will be responsible for driving Petco's growth through innovation and enterprise-wide, consumer-focused digital initiatives.
"As we continue evolving our value proposition — helping pet owners wherever and however they want to improve the health and well-being of their pet — we believe that an entrepreneurial and digital leader of Brock's caliber will help Petco exceed the ever-changing digital expectations of the modern pet parents,” said Petco CEO Brad Weston
Before co-founding PetCoach, Weatherup served as venture partner of tech accelerator ICONYC Labs and managing director of his angel investment fund, Atai Ventures. From September 2014 to May 2015, he was senior VP/chief digital officer at PetSmart after its purchase of Pet360, where he was co-founder/CEO for five years.
Kmart exec to head up Pier I
A former executive at Sears Holdings Corp. has has been named president and CEO of Pier I Imports.
Alasdair James, 46, will take the reins of the home décor chain on May 1, 2017. He replaces Alex Smith, who was ousted from the company at the end of last year amid slumping sales.
James has served since 2014 as president of Kmart. Prior to that, he was at Tesco PLC, where he held several senior executive roles, including commercial director of the global business unit as well as executive VP and commercial director of Tesco China.
James spent his early career in international marketing and account management, first at PepsiCo and then at GlaxoSmithKline PLC.
“With more than 15 years of retail and consumer goods experience in the U.S., U.K. and China, Alasdair has the expertise and global operating skills necessary to drive long-term success for our brand.” said Terry E. London, chairman, Pier 1 Imports. “He is a proven leader in the consumer space, broadly-skilled in sales, marketing, brand management and data analytics, with a track record of implementing consumer-facing initiatives to transform businesses in tough environments while driving operational improvement.”