Technology

Gap, Giant Eagle tap Oracle tech to boost merchandising strategy

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February 9, 2021

Gap, Giant Eagle, Mr Price and Poundland are among the retailers revamping merchandising strategies with Oracle's Retail Merchandising Cloud Service, according to a press release.

"The new developments in the Oracle Retail Merchandising SaaS solution inspired us to reconsider the cloud for our transformational journey," Kim Sim, Mr Price Group CIO, said in the release. "Merchandising provides a sustainable, stable foundation for our high-volume processes. And in the future, the cloud provides us the flexibility to add additional modules as the business needs arise."

Running on Oracle cloud infrastructure, Oracle Merchandising Cloud Service provides a unified foundation to manage and control merchandising activities, such as purchasing and distributing goods, fulfilling orders, and processing and closing out invoices to help ensure accurate financial data.

Gap, Inc. is running on a single, high-performance instance of Oracle Retail Merchandising Cloud Service in North America for its GAP, Old Navy, Athleta, Banana Republic, Intermix and Hill City brands. Giant Eagle is using Oracle Retail Merchandising Cloud Service, Oracle Retail Store Inventory Operations Cloud Services and Oracle Retail Advanced Science Engine to help manage approximately 100,000 products across every store and optimize millions of customer transactions each week. Mr Price Group, a fashion value retailer in South Africa, is implementing Oracle Retail Merchandising Cloud Service to support its transformation journey and growth. Poundland, a U.K. retailer, is implementing Oracle Retail Merchandising Cloud Service to create a single, consolidated foundation to manage merchandise across its three brands: Pep&Co, Poundland and Dealz.