Island Pacific, a division of 3Q Holdings Limited (ASX:TQH), announced that it is implementing Island Pacific Replenishment, a fully integrated dynamic replenishment solution at Eye Care Centers of America and Five Below. These retailers join a growing base of customers who have implemented Island Pacific Replenishment. Eye Care Centers of America, Inc. operates or manages over 400 optical retail stores in 37 states and the District of Columbia through 11 store names that are leaders in eye care service in each of their respective markets. Five Below is a new retail concept positioned to become the leading extreme-value retailer to the teen market and beyond. By combining exceptional value with trend-right, quality merchandise in a vibrant shopping environment, Five Below has reinvented the traditional five-and-dime for today's younger generation, and has launched a new retail category within the specialty discount market. Island Pacific Replenishment was developed in partnership with several of Island Pacific�s key customers. Island Pacific Replenishment provides retailers with tools that allow them to dynamically project and manage basic merchandise needs and improve service levels in the stores. Features of Island Pacific Replenishment include: system or user-defined lost sales calculations; store and item copy and model; ability to utilize historical weekly sales; exception-based reporting; and capability to compare and adjust history against current performance. �The key to success for a retailer is not only purchasing the right merchandise, it's also getting that merchandise to the right store at the right time to meet a retailer's customer demands on a daily basis to avoid lost sales,� said Richard Gaetano, Island Pacific�s COO Americas. �Island Pacific Replenishment allows a retailer to estimate stock levels with pinpoint accuracy, minimize lost sales, and to maximize resources and manage their inventories for improved sell-through and profit producing turnover.� Mike Dotson, Island Pacific Vice President of Global Sales, commented, �We truly provide one of the best values in the Replenishment space. Our solution offers all of the core functionality that a retailer needs at a fraction of the cost of our competitors. In addition, Island Pacific Replenishment is not simply 'interfaced,' it is fully integrated with Island Pacific�s Merchandising solution. I believe we are one of the few companies in the industry who offers a fully integrated replenishment solution.� Island Pacific continues to develop and deploy high value and innovative software solutions that enable retailers to manage the entire scope of their operations and to understand, create, manage and fulfill consumer demand. These operations include point-of-sale, customer relationship management, vendor relationship management, merchandising, demand forecasting, planning, replenishment, allocation, and event planning. About Island Pacific Island Pacific is a global leader in retail merchandising and store operations software solutions. For 30 years, Island Pacific has been a thought leader in retail software solutions, and has developed a reputation for delivering high-quality, high-reliability software to the retail industry. As a result, Island Pacific is a leading resource for scalable, flexible and affordable solutions for retailers around the world. Island Pacific, a division of 3Q Holdings Limited was founded in 1978. The company is headquartered in Irvine, California, and has offices in the United States, the United Kingdom, Australia and New Zealand.
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