Island Pacific Selected by Five Below to Provide Managed Services
February 08 2010 - 9:15AM
Business Wire
Island Pacific Systems, Inc. (Island Pacific), a 100% owned
subsidiary of 3Q Holdings Limited (ASX: TQH), announced today that
it has recently been selected by Five Below to provide services for
the day to day operations and management of the Island Pacific
suite of retail supply chain solutions currently installed at Five
Below. The Island Pacific solution at Five Below consists of Island
Pacific Merchandising, Sales Audit, Financials, Dynamic
Replenishment and Store. Included with Store, the Island Pacific
Point of Sale and Store Operations solution also includes Retail
Chain Manager. This structure will allow Five Below to concentrate
on their retail business and their growth initiatives as well as
being able to accurately plan IT costs.
“Island Pacific’s managed services solution will support and
maintain our ERP and POS systems at lower costs and with much less
infrastructure than managing them in-house,” said Chris DeMeester,
VP of Information Technology for Five Below. “As we plan our future
growth, scalability is a major objective in every technology we
implement. A managed services solution provides infinite
scalability as the infrastructure continues to grow with us and
prevents the need for ongoing reinvestment.”
“By offering this solution to retailers such as Five Below, a
current Island Pacific customer, we have brought to the market a
product that will allow emerging retailers to install a
comprehensive solution such as Island Pacific without all the
upfront infrastructure costs,” said Richard Gaetano, Island
Pacific’s COO Americas. “The cost and time savings they will
realize will allow them to concentrate on what they do best -
retailing.”
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
(www.threeq.com.au) 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.
3Q Holdings (ASX:TQH)
Historical Stock Chart
From Jun 2024 to Jul 2024
3Q Holdings (ASX:TQH)
Historical Stock Chart
From Jul 2023 to Jul 2024
