AUSTIN, Texas, March 6, 2017 /PRNewswire/ -- For more than
100 years, Omaha-based Gordmans
has been a beloved retailer of apparel and home fashions, and today
its 106 stores span 22 states. An early adopter of markdown
optimization software, Gordmans wanted to re-assess market options
and ensure that it adopted the market-leading innovative markdown
optimization solution. As a result the company has entered
into a three-year contract for Revionics Markdown Optimization
Suite to drive enhanced margins, remain competitive in a
fast-changing retail landscape, and ensure adherence with
disciplined business processes.
As a five-year user of a legacy markdown tool, the Gordmans team
knew the value of a process-driven approach but wanted to ensure it
leveraged a current-generation solution that incorporated advanced
capabilities. Gordmans CIO Richard Heyman led a team through a
rigorous assessment of market alternatives. Heyman notes, "We
were impressed by Revionics' overall capabilities and their
aggressive solution development investment aligned with customer
needs. We also like the way Revionics' Markdown Optimization
capabilities align with our business processes and the level of
specialized expertise they bring to the table. They emerged as our
clear vendor of choice."
"Retail innovators like Gordmans continue to invest
strategically to remain competitive and deliver measurable business
value, and we are pleased to partner with these innovators to drive
their success," said Marc H. Hafner,
Revionics' chairman and CEO. "We welcome Gordmans to the
Revionics customer family and look forward to a long and prosperous
relationship."
To learn more about Revionics, visit www.revionics.com or email
info@revionics.com.
About Gordmans (NASDAQ: GMAN)
Founded in 1915, the
Omaha-based apparel and home
fashions retailer operates 106 stores and over 3.8 million
square feet in 22 states. Gordmans features name brand
apparel, accessories, footwear, home decor, gifts, designer
fragrances, furniture, and more at everyday savings of up to 60
percent off department and specialty store prices. While the
company operates within the value segment of the industry, Gordmans
differentiates itself by offering department and specialty store
name brands, fashions and styles in a more upscale shopping
environment. Gordmans was sold to Sun Capital Partners, one of
the largest private equity firms in the country, in September 2008. A successful initial public
offering of common stock for Gordmans occurred in 2010, as well as
a secondary public offering in 2012.
About Revionics, Inc.
Revionics is a global leader in
profit optimization services and solutions. Our unparalleled
analytics and science serve as the backbone of omni-channel
retailing to help performance-driven retailers execute profitable
pricing, promotion, markdown, and space decisions with predictable
business outcomes. The result: achieve speed to value and ROI,
improve margins, drive top-line sales and respond faster with
precision.
Revionics' SaaS-based model integrates analytics, technology and
services to deliver an unmatched advantage for retailers –
Competitive Insights, Price Suite, Promotion Suite, Markdown Suite,
and Space and Assortment Suite – all from a predictive platform to
drive long-term growth.
Trusted by some of the most profitable retail brands, Revionics
optimizes across more than 18 million products and more than 2.6
billion item/store combinations are modeled weekly. Learn more at
www.revionics.com.
Engage with Us:
Web: www.revionics.com
Blog: http://revionics.com/blog.html
Twitter: https://twitter.com/Revionics
Facebook: https://www.facebook.com/Revionics-Inc-67271083899/
LinkedIn: https://www.linkedin.com/company/revionics
YouTube:
https://www.youtube.com/channel/UCK5EY-MuENLuHQ9iBpSo3_Q
Contact: Alison Raffalovich
Senior Director, Corporate Communications
Phone: +1 (512) 826-0538 (U.S.)
araffalovich@revionics.com
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SOURCE Revionics, Inc.