Mi9 Retail Expands European Presence with The Original Factory Shop
MIAMI, May 19, 2015 /PRNewswire/ -- Mi9 Retail, the premier provider of enterprise retail merchandising, business intelligence and store operations software, announced today that The Original Factory Shop, a multi-channel discount department store in the UK, has selected Mi9 Retail to enrich its business user experience and support growth.
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The Original Factory Shop was in need of a merchandising and analytics solution that could easily integrate with current business systems and could support its business operations without the need for extensive customizations. Time to value was also an important factor for The Original Factory Shop as it expects to use Mi9 Retail's software in its production environment in less than six months from selection. After a thorough evaluation of leading global retail merchandising and BI platforms, The Original Factory Shop identified Mi9 Merchant as the most comprehensive and configurable solution on the market. The Original Factory Shop was impressed with Mi9 Merchant's intuitive user interface as well as its demonstrated advanced business intelligence capabilities built into the robust merchandising platform as a single solution.
Mi9 Merchant will bring meaningful visibility into shopper behavior, product performance and vendor reliability and will provide The Original Factory Shop with one source of information to support buying, pricing, inventory management and inventory valuation. With visibility to this data, The Original Factory Shop can access real-time performance dashboards utilizing critical decision-making information needed to effectively drive growth and maximize profits.
"With more visibility to make informed decisions and better quality data to optimize performance at the item and store level, Mi9 Retail will completely streamline and augment the role of our merchants," said Mike Quintana, Supply Chain & IT Director of The Original Factory Shop. "Equally important, the ease of implementation along with the simplified upgrade path will establish a foundation to help support of the significant growth plans of the company."
"Mi9 Retail is looking forward to a successful partnership with The Original Factory Shop and will work diligently to meet The Original Factory Shop's aggressive implementation schedule," commented Neil Moses, president of Mi9 Retail. "With 190 retail locations in the UK, our partnership with The Original Factory Shop will further strengthen our visibility in Europe demonstrating our commitment to global retailers."
About The Original Factory Shop
The Original Factory Shop is a discount department store that was established in 1969 with a commitment to bringing big brands for the entire family at factory shop prices. With 200+ stores as part of communities across the United Kingdom, The Original Factory Shop has a genuine passion for saving people money. Their success is built on the solid formula of hard work and the constant lookout for products that deliver what their customers want the most: quality brands at factory shop prices. For more information, please visit www.theoriginalfactoryshop.co.uk.
About Mi9 Retail
Mi9 Retail is the premier provider of enterprise retail merchandising, business intelligence and store operations software. Mi9 has developed the only enterprise-grade Merchandising and Business Intelligence solution on the market available as a single product. This enables the software to process high volumes of transactions in real time, optimize inventory across all channels of the business, provide a single, accurate source of the truth, reduce the costs to implement and maintain and provide the industry's fastest time to value. For more information, please visit www.mi9retail.com
SOURCE Mi9 Retail
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