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TradeStone’s Merchandise Lifecycle Management Suite Recognized for Cutting Cycle Times and Reducing Returns at JD Williams/NBrown
Gloucester, Mass., June 18, 2008 -- TradeStone Software, the retail industry’s leading provider of private label and global sourcing solutions, today announced the company has been selected as a finalist for the European Retail Solution Awards. TradeStone was selected as a finalist in the “Supply Chain Innovation” category for the impressive work done with JD Williams/NBrown to help them speed items to market, reduce returns and improve customer satisfaction with enhanced quality and fit evaluations.
JD Williams/NBrown is one of the largest catalogue retailers in the world and is recognized by the City for its significant results in group revenue, operating profits and earnings per share. This award nomination is the latest in a series of accolades TradeStone has received recently; including praise from some of the most seasoned and trusted financial and retail analysts in the world.
“The European Retail Solution Awards are considered among the highest accolades in the retail technology industry and we are absolutely thrilled to be nominated and recognized for our hard work,” said Sue Welch, CEO, TradeStone Software. “This award nomination is a strong validation of the radical results JD Williams/NBrown achieved, which included a 4 percent increase in average selling price, a 30 percent drop in returns and a boost in customer choices of 22 percent. As TradeStone continues to flourish in Europe, we look forward to delivering equally dramatic results to our growing customer base worldwide.”
Focused on recognizing retailers and suppliers for excellence and innovation in retail IT, solutions and technology, the European Retail Solutions Awards will take place the second night of Retail Solutions 2008, Wednesday June 25, 2008. TradeStone will be exhibiting at Booth D36 during the show held, June 24 - 26 at ExCeL London.
About TradeStone Software, Inc.
TradeStone provides merchandise lifecycle management software that enables the world's most successful retailers to bring innovative and highly profitable private label products to market at record speeds. TradeStone's Merchandise Lifecycle Management suite, which consists of TradeStone PLM for Retail (TM), TradeStone Global Sourcing (TM), TradeStone Quality Management (TM), TradeStone Global Order Management (TM) and TradeStone Supplier Management (TM), deliver radical results - 200 to 400 basis points to the bottom line; sales increases of 3 - 6 percent; average consumer spend increases of seven percent; and sell through at margins of 78 percent. TradeStone marquee customers include American Eagle Outfitters, Boots, Circuit City, Deutsche Woolworth, Guitar Center, Kohl's, Macy's, Novi Footwear, NBrown Catalog Company, Pacific Sunwear, Regatta, Shoprite, The Children's Place and Urban Outfitters. TradeStone Software is headquartered in Gloucester, Mass., with offices in Atlanta, Bangalore, Hong Kong and London and can be found on the Web at www.TradeStoneSoftware.com.
Contact:
Tania Stockbridge
TradeStone Software
978-281-3723
tstockbridge
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