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September 10, 2018

STF Group deploys Oracle Retail’s Cloud service to support growth

Colombia-based fashion retailer STF Group has partnered with Oracle Retail to deploy its Planning and Optimization Cloud service across its stores to support growth.

Colombia-based fashion retailer STF Group has partnered with Oracle Retail to deploy its Planning and Optimization Cloud service across its stores to support growth.

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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
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The retailer will also introduce advanced planning solutions to optimise inventory and financial plans.

STF Group operations director Polo Marin said: “We knew we needed a modern solution that could scale and grow with our business to support our plans to close the year optimising resources.

“Oracle Retail Consulting helped us implement Oracle Retail Merchandise Financial Planning Cloud service and Oracle Retail Assortment Planning Cloud service.”

“We appreciated the importance of the user experience and a robust solution that met their needs to better serve a sophisticated consumer.”

Leveraging the cloud solution, STF Group can benefit from transparency of cost in the buying process and a consolidated picture of key performance indications.

In addition, merchandising planners of the retailer can manage and organise their assortment plan in units for the business evaluation process.

Oracle Retail consulting vice-president Lou Frio said: “STF Group is a dynamic fashion retailer. Throughout the implementation process, we appreciated the importance of the user experience and a robust solution that met their needs to better serve a sophisticated consumer. Our teams worked closely together to achieve a common goal, better customer service.”

STF Group operates business in Colombia, Costa Rica, Chile, Ecuador, Guatemala and Peru, offering apparel, footwear, handbags and accessories through an online shop, boutiques and certified wholesalers.

The company currently has 317 physical stores across Latin America and employs 4,500 people.

Free Report
img

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.