1. News
July 25, 2017

Aptos to acquire lifecycle management solutions provider TXT Retail

Retail technology solutions provider Aptos has signed an agreement to acquire Italian merchandise lifecycle management solutions provider TXT Retail, in order to offer omnichannel solutions for retailers.

Retail technology solutions provider Aptos has signed an agreement to acquire Italian merchandise lifecycle management solutions provider TXT Retail, in order to offer omnichannel solutions for retailers.

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Walmart: Going Beyond Company Disclosures

Walmart has rounded out its fiscal year with a strong set of numbers that show it has taken supply chain disruption, rising costs, heavy inflation, and various other problems in its stride. There is comfortable growth on both the top and bottom lines, which is extremely respectable given tough prior year comparatives. Walmart hiring is slowing down as compared to hiring in the months of April and March in 2022. Walmart posted close to 40,000 vacancies in March and 30,000 in April, which has gone below 10,000 in June 2022. Walmart Company Filings has most of the mentions related to the ESG and COVID-19 themes in 2021. ESG has more than 300 mentions in the company’s 2021 filings which indicates the rising focus on ESG-related issues. Our report on Walmart: Going Beyond Company Disclosures, demonstrates GlobalData Explorer’s ability to:  
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TXT Retail offers end-to-end solutions to the apparel, luxury, speciality and general retail sectors.

Through the acquisition, Aptos intends to integrate its customer engagement and inventory management solutions with TXT Retail’s merchandise lifecycle management suite.

Owned by private equity firm Apax Partners, Aptos’ market presence will be enhanced through the agreement as it will have access to TXT Retail’s ten offices and more than 300 employees across Europe, North America and the Asia-Pacific.

“Aptos’ planned acquisition of TXT Retail offers retailers a unique enabler in aligning omnichannel strategy with execution."

Apax Partners senior partner Jason Wright said: “The acquisition delivers value to retailers and to Aptos. In recent years, Aptos has demonstrated its commitment to acquisitions that offer a competitive advantage to its customers, by acquiring technologies that advance the realisation of singular commerce and by establishing access to geographic markets in which customers hope to grow.

“The acquisition of TXT Retail accomplishes both; we are confident that this combination will lead to improved results for the customers and the overall business.”

Once the transaction is completed, Aptos will expand its customer base to more than 1,000 retail brands, including more than 500 retail brands served by TXT Retail.

TXT Retail's client base comprises more than 500 retail brands worldwide, including adidas, Build-A-Bear Workshop, Dior, Guess, Louis Vuitton and Sephora.

Aptos CEO and culture leader Noel Goggin said: “Aptos’ planned acquisition of TXT Retail offers retailers a unique enabler in aligning omnichannel strategy with execution, fast-tracking the merchandise lifecycle, optimising assortments, and ensuring consumer demand is met.”

The company noted that TXT Retail’s solutions in the area of planning, designing, buying, distributing and delivering assortments complements its core merchandising and enterprise order management technologies.

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Walmart: Going Beyond Company Disclosures

Walmart has rounded out its fiscal year with a strong set of numbers that show it has taken supply chain disruption, rising costs, heavy inflation, and various other problems in its stride. There is comfortable growth on both the top and bottom lines, which is extremely respectable given tough prior year comparatives. Walmart hiring is slowing down as compared to hiring in the months of April and March in 2022. Walmart posted close to 40,000 vacancies in March and 30,000 in April, which has gone below 10,000 in June 2022. Walmart Company Filings has most of the mentions related to the ESG and COVID-19 themes in 2021. ESG has more than 300 mentions in the company’s 2021 filings which indicates the rising focus on ESG-related issues. Our report on Walmart: Going Beyond Company Disclosures, demonstrates GlobalData Explorer’s ability to:  
  • Track and monitor a company’s movements through alternative indicators to gain insights into the strategy before it is disclosed by the company
  • Gain insight into a company’s capital deployment strategy, by assessing historical deal volumes and specific transactions executed by the company, in addition to identifying sectors of focus
  • Go beyond basic financial information, to access key industry-relevant indicators for a company and how these have progressed over time
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.