Press Releases
A.C. Moore is Live on Oracle Retail Leveraging OLR’s Managed Application Solution
Specialty Retailer Turns to Oracle and OLR for Hosted Oracle Retail Merchandising Solution on Linux Platform
NEW YORK, Jan. 12, 2009 -- NRF 98th ANNUAL CONVENTION & EXPO --
News Facts
- A.C. Moore Arts & Craft, Inc. has gone live with Oracle® Retail merchandising applications to help create value and support long-term growth across its more than 130 stores.
- A.C. Moore is leveraging the Oracle Retail applications as part of a broader business transformation that is helping the company increase sell-through of seasonal merchandise, preserve margins and derive more value from the business. A typical A.C. Moore store offers more than 60,000 SKUs across 40 merchandise categories during the course of a year, with more than 45,000 SKUs offered at any one time.
- The specialty retailer is using the Oracle Retail applications to gain insight to store, inventory and merchandising operations as well as to more quickly adapt to changes in customer buying patterns and seasonal inventory demand.
- To help save money as well as reduce risk and complexity, A.C. Moore selected OLR's hosted and Managed Applications Solutions (MAS) as the delivery model. Not only did the delivery model help accelerate the implementation of the Oracle Retail applications, but it also enabled A.C. Moore's information technology group to stay focused on other strategic initiatives vital to grow the business.
- OLR's MAS model helped eliminate A.C. Moore's need to make capital intensive purchases for its data center and offered a leveraged support model that mitigated the risks associated with finding, attracting, and keeping application support resources.
- Additionally, the Oracle Retail merchandising applications were installed and managed on Oracle Enterprise Linux to help provide a more flexible, reliable, and cost effective solution. The retailer already uses Oracle Database 10g.
- The Oracle Retail applications provide A.C. Moore with a foundation for making insight-driven business decisions and the retailer expects the solutions to help reduce inventory by as much as 20 percent. The retailer is leveraging core merchandising applications for category management, allocation, pricing and replenishment.
Supporting Quotes
"We expect our Oracle Retail implementation to help us deliver more value to both customers and shareholders. The insight we gain from the new systems provides us with a better understanding of customer preferences and enables us to offer the right inventory at the right price," said Dennis Hodgson, Chief Information Officer, A.C. Moore.
"We are excited about the significant cost savings we are helping A.C. Moore realize in comparison to the typical on-premise model. Now, mid-sized retailers like A.C. Moore have a proven delivery model for accepting and leveraging Oracle Retail -- applications that can provide them terrific insight into their business," said Glyn Kirby, Principal, OLR.
About A.C. Moore:
With over 130 stores across the eastern seaboard, specialty retailer A.C. Moore is committed to fulfilling their customers' unlimited creativity. With a vast assortment of arts, crafts, and floral merchandise, available both at store locations and via the eCommerce site, A.C. Moore has differentiated itself by offering the widest selection of high quality merchandise at everyday value prices. Since its start with a store in 1985 in Moorestown, N.J., A.C. Moore has grown through its commitment to attractive store environments, in-store programs aimed at inspiring creativity, and superior service.
About OLR:
OLR is a global services provider for Oracle's Retail applications. With the best experts for Oracle Retail operations and planning products, OLR offers Implementation Services, leveraged OLR Assist Support Services, and Managed Applications Solutions (MAS) so that customers can realize the full value of their investment in Oracle Retail in an accelerated model.
About Oracle Retail:
Oracle is the number one provider of innovative and comprehensive industry software solutions for retailers - enabling organizations to serve their customers better by applying insight into daily business decisions for more profitable results. With software that provides supply chain, operations, merchandising, store systems, optimization as well as enterprise applications and infrastructure software, Oracle partners with the world's leading retail companies, including 20 of the 20 top retailers worldwide, to transform the economics of their businesses.
About Oracle:
Oracle (NASDAQ: ORCL) is the world's largest enterprise software company. For more information about Oracle, please visit their Web site at http://www.oracle.com.