News Hub | News Direct

Retail

Bridal Cosmetics E-Commerce Luxury Office Products Supply Chain Management
Article thumbnail News Release

ToolsGroup And River Logic Partner to Provide a Comprehensive Supply Chain Planning Solution

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, announced a partnership today with River Logic, Inc, a global innovator in advanced analytics for planning and decision support, offering both a platform for custom solutions as well as network optimization and production planning and scheduling applications. Combining River Logic’s advanced supply chain design and production capabilities with ToolsGroup’s award-winning demand planning, inventory optimization, and supply planning capabilities, customers can now benefit from a more comprehensive supply chain planning solution. This strategic integration empowers organizations to leverage a unique modeling approach by providing visualization and scenario planning of the physical and financial value chain overlaid with a virtual representation of the actual flow of goods. This enables organizations to benefit from both longer-term strategic supply chain design variations and the resulting impact on inventory and service levels. “As a customer of both ToolsGroup and River Logic, I am very excited by this news,” said Moid Alwy, Chief Supply Chain Officer at American Tire Distributors. “Coupling physical supply chain design decisions with the digital flow of goods moving through the supply chain is the holy grail of the industry.” The ToolsGroup Service Optimizer 99+ (SO99+) supply chain planning solution empowers supply chain teams to make better decisions faster in times of supply and demand volatility. SO99+ provides end-to-end visibility through a digital supply chain twin that models goods and inventory movement. Equipped with probabilistic planning and advanced inventory optimization, the solution leverages powerful artificial intelligence and machine learning to better predict supply and demand requirements. This enables organizations to improve forecasts and reduce on-hand inventory while maximizing service levels. “We are excited to partner with ToolsGroup to enable a more comprehensive supply chain planning solution that, in turn, will offer more value to enterprises looking to establish more resilient and profitable supply chains,” said Carlos Centurion, President of River Logic. The foundation of River Logic’s technology is a Digital Planning Twin™, which helps companies easily, quickly, and thoroughly assess a truly end-to-end set of scenarios. This includes the full value chain as-well as product portfolio, sustainability targets, and the financial impact in terms of profitability, and the ability to finance the operation. “The partnership with River Logic is a win-win for our joint customers, improving efficiency and providing powerful business benefits,” said ToolsGroup CEO, Inna Kuznetzova. “Closely linking supply planning with production planning will improve efficiency and performance for our customers. And connecting actual digital supply chain flows with the digital supply chain planning twin will give supply chain leaders the ability to act more quickly and make strategic decisions with more confidence.” Learn more about this partnership HERE. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision making and unlock powerful business improvements in forecast accuracy, service levels, and inventory - delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

August 08, 2023 10:30 AM Eastern Daylight Time

Image
Article thumbnail News Release

HIBBETT HOSTS CLIPS & KICKS BACK TO SCHOOL APPRECIATION EVENT WITH FREE HAIRCUTS AND SCHOOL SUPPLIES IN CHARLOTTE, NC

Hibbett, Inc.

As summer vacation draws to a close and the new school year approaches, Hibbett and New Balance announce an action packed Clips & Kicks Back to School appreciation event and celebration on Sunday, August 13 th from 12pm to 5pm in Charlotte. Hibbett wants to make the back to school prep a little easier with some free stuff for families, while they are getting their back to school shopping done. The public is invited to stop by the Hibbett store located at 3203 Eastway Drive in Charlotte on Sunday, August 13 th from 12pm to 5pm to join the fun. “Clips & Kicks is a really fun way to help families get ready for the new school year and do something cool for our community here in Charlotte,” said Cory Wiles, Hibbett, District Manager. “Special thanks to our generous partners at New Balance for helping us put this year’s event together.” Each year, Hibbett hosts special back to school events across the country to show appreciation to local families in their community who may be stretched with back to school expenses. Hibbett hires professional barbers and brings them onsite to provide free professional children’s haircuts for attendees. There is a party atmosphere to get kids pumped up about the new school year with their fresh new cuts and free school supplies. Throughout the day there is music, special promotions, giveaways, light refreshments and much more. Children of all ages are welcome to get free haircuts and school supplies on a first-come, first-serve basis, while supplies last. About Hibbett, Inc. Hibbett, headquartered in Birmingham, Alabama, is a leading athletic-inspired fashion retailer with 1143 Hibbett and City Gear specialty stores, located in 36 states nationwide. Hibbett has a rich history of convenient locations, personalized customer service and access to coveted footwear, apparel and equipment from top brands like Nike, Jordan, and adidas. Consumers can browse styles, find new releases, shop looks and make purchases online or in their nearest store by visiting www.hibbett.com. Follow us @hibbettsports and @citygear on Facebook, Instagram and Twitter. Contact Details Wendy Yellin pr@hibbett.com Company Website https://www.Hibbett.com

August 08, 2023 10:04 AM Eastern Daylight Time

Article thumbnail News Release

H&T Group "not expecting significant cost inflation during H2"

H&T Group PLC

H&T Group PLC (AIM:HAT) chief executive Chris Gillespie speaks to Proactive's Thomas Warner after publishing interim results for the first half of 2023 that showed a 31% increase in profit before tax to £8.8m Gillespie gives his highlights from the year, saying that the company's pledge book surpassed expectations by growing 14%, while strong demand for the group's various products reached record levels with sales up 11%. Notably, online sales skyrocketed by almost 80%, accounting for a quarter of total sales. He acknowledges that the group was surprised like many others by the levels of cost inflation recorded during the first half of 2023, but says that he anticipates continued revenue growth and stability and is "not expecting significant cost inflation" to continue into the second half. Gillespie expressed confidence in the group's future, citing ongoing support from long-term bankers and access to increased funding of £50mln that will be used to continue growing the business. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

August 08, 2023 06:46 AM Eastern Daylight Time

Video
Article thumbnail Digital Asset Direct

Back to School Ready!

News Media Group, Inc.

Contact Details News Media Group Jennifer Rivera +1 954-667-9647 jrivera@newsmg.com Company Website https://newsmg.com/

August 04, 2023 10:11 AM Eastern Daylight Time

Video
Article thumbnail News Release

ToolsGroup Named a Notable Vendor in the Gartner® Midmarket Context: Magic Quadrant™ for Supply Chain Planning Solutions

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to announce it has been named among ten Notable Vendors included in Gartner’s Midmarket Context: Magic Quadrant for Supply Chain Planning Solutions (July 2023). According to Gartner, “The SCP solution software market that supports midmarket enterprises consists of solutions that are cost-effective, user-focused and fast to deploy. The vendors included in this report all met the criteria of earning 60% or more of their 2021 revenue from midmarket enterprises with 100 to 999 employees or $50 million to $3 billion in revenue.” ToolsGroup’s continued focus on customers has driven technological innovations that make its solutions invaluable to midmarket companies. With a complete set of out-of-the-box capabilities for demand planning, inventory optimization, and replenishment, companies experience shorter time to implement and faster time to value. ToolsGroup helps customers outperform the competition, thanks to four major differentiators: · A dynamic data unification platform that enables end-to-end supply chain visibility and digital supply chain twins for more strategic planning · Probabilistic demand and supply planning that prepares supply chain teams for uncertainty and disruption in order to ensure continued customer satisfaction · AI-powered demand planning and automated inventory optimization for improved planner productivity and efficiency · A powerful multi-echelon inventory optimization model designed specifically for complex supply networks for reduced inventory and greater profitability Thanks to these capabilities, ToolsGroup customers experience a 20-30% reduction in inventory while achieving 99+% product availability. “We’re excited to be recognized by Gartner,” said ToolsGroup CEO, Inna Kuznetsova. “Supply chain leaders recognize the importance of automation and usability when skilled resources are scarce, as well as the business resilience linked to our unique probabilistic planning approach. ToolsGroup helps supply chain teams make better, faster decisions and provides the power to pivot and adapt successfully to disruptions and volatility.” Learn more about ToolsGroup’s award-winning, customer-centric supply chain planning solutions HERE. Gartner Disclaimer GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision making and unlock powerful business improvements in forecast accuracy, service levels, and inventory - delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

August 03, 2023 08:30 AM Eastern Daylight Time

Image
Article thumbnail News Release

Innovative Eyewear CEO says company is leading innovation in smart eyewear; unveils new Blueshift Lens

Innovative Eyewear

Innovative Eyewear Inc CEO Harrison Gross joined Proactive's Stephen Gunnion with insights on the company's mission to revolutionize eyewear with smart technology - and news of the launch of the Lucyd Blueshift Lens. Harrison explained that the core product is a pair of smart glasses that seamlessly blend technology with style, enabling users to stay connected while protecting and correcting their vision. These smart glasses function as headphones, offer noise-canceling microphones, and integrate voice assistants like Siri and Google Voice for hands-free convenience. The addition of the Blueshift Lens provides protection against harmful blue light from digital screens. Gross said the recent introduction of ChatGPT integration brings powerful artificial intelligence (AI) capabilities to the glasses, allowing users to access vast amounts of information effortlessly. He also discussed the company's partnership with renowned fashion brands including Nautica, Eddie Bauer and Reebok, highlighting the vision to make smart eyewear a fashionable and accessible accessory. Although still a niche market, the company is optimistic about the smart eyewear market's growth potential. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

August 02, 2023 02:26 PM Eastern Daylight Time

Video
Article thumbnail News Release

ToolsGroup Wins Microsoft’s Best ISV Partner Award for the Third Year in a Row

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to announce it has been awarded Microsoft’s Best Independent Software Vendor Partner Award for the third year in a row. Microsoft presented the award at Inspire, during its annual partner event held at the Microsoft House in Milan, in recognition of ToolsGroup’s deep supply chain planning expertise, data-driven approach, and cloud-based solutions for retailers, distributors, and manufacturers. ToolsGroup is a Microsoft recommended partner in supply chain planning and an active member of the Microsoft Partner community, having also earned Microsoft’s Best ISV Solution Innovation Award in 2020. “ToolsGroup's continuous commitment in the retail world to support the digitization of companies represents the key element of the company's success, which again this year earned the Best ISV Partner award. For Microsoft, working alongside companies committed day after day to digitize a key sector such as retail – even addressing contingent challenges related to the supply chain – marks our commitment to support the digital growth of the Italian production fabric,” said Sara Anselmi, Global Partner Solutions Lead, Microsoft Italy. “We are honored to receive this award from Microsoft for the third year running,” said Francesco Stolfo, VP of Business Development Microsoft Alliance. “Our mission is to help companies across industries and around the world transform their supply chain processes, maximizing accuracy, efficiency, and agility through our AI-powered solutions. This recognition from Microsoft is a testament to our continued innovation and commitment to delivering valuable business benefits to our Azure-based joint customers.” This award is just the latest accolade ToolsGroup has earned, having already been recognized as a FeaturedCustomers Market Leader in Demand Forecasting and an Inbound Logistics Top 100 Logistics IT Provider this year. ToolsGroup has also merited G2’s “Users Love Us” and “High Performer Spring 2023” badges, thanks to customer feedback. Learn more about how customers and analysts have recognized ToolsGroup as a supply chain and retail planning leader HERE. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision making and unlock powerful business improvements in forecast accuracy, service levels, and inventory - delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

August 01, 2023 08:30 AM Eastern Daylight Time

Image
Article thumbnail News Release

Toggle3D.ai continues to see strong growth in users with over 10,000 now on platform

Toggle3D.ai Inc

Toggle3D.ai chief product officer Dasha Vdovina joined Steve Darling from Proactive with news about the company's remarkable growth. The software as a service (SaaS) solution, which utilizes generative AI to convert CAD files, has achieved a significant milestone by surpassing 10,000 users since the company's IPO in June. In total, there have been over 12,900 3D projects completed on the platform, representing a remarkable 300% increase. Vdovina expressed that the company is experiencing a tremendous influx of new users, with hundreds joining every day. However, Toggle3D.ai is not content with its current success and has ambitious plans for even faster and more substantial growth. To achieve this, the company is implementing several key initiatives. Firstly, it aims to make the Toggle3D app available in more countries, thereby expanding its global reach. Secondly, the company plans to run paid advertising campaigns in additional countries to attract new users. Toggle3D is also actively seeking valuable feedback from its customers to understand their needs better and utilize this information to drive product-led growth. Toggle3D.ai's innovative SaaS solution primarily caters to product designers and industrial designers. It offers seamless integration with CAD files, allowing users to effortlessly convert CAD data into Web 3D Mesh. The platform's ease of use and powerful capabilities have contributed to its rapid adoption and popularity among designers worldwide. With its significant user base and aggressive growth plans, Toggle3D.ai is poised to further solidify its position as a leading provider of AI-driven CAD conversion solutions, making a substantial impact in the design and industrial sectors. Contact Details Proactive Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

July 31, 2023 11:15 AM Eastern Daylight Time

Video
Article thumbnail News Release

CITY GEAR HOSTS CUTZ 4 KIDS BACK TO SCHOOL CELEBRATION WITH FREE HAIRCUTS AND SCHOOL SUPPLIES IN DAYTON, OHIO

Hibbett, Inc.

As summer vacation draws to a close and the new school year approaches, Hibbett | City Gear and Nike announce an action-packed Back to School celebration in Dayton, Ohio. Cutz 4 Kids will take place on Sunday, August 6, 2023 at City Gear, located at 3185 W. Siebenthaler, in Dayton. The Back to School event will run from 12pm to 5pm. “We appreciate our generous partners at Nike for helping us host this year’s Cutz 4 Kids event that will be bigger and better than ever,” said Pedro Hernandez, Hibbett, District Manager. “We are grateful to the Dayton community and want to thank them for their support.” City Gear wants to make the back to school prep a little easier with some free stuff for families, while they are getting their back to school shopping done. The public is invited to stop by on Sunday, August 6 th from 12pm to 5pm to join the fun. City Gear will provide free children’s haircuts and school supplies to attendees. Each year, City Gear hosts special back to school events across the country to show appreciation to local families in their communities, who may be stretched with back to school expenses. The company hires professional barbers and brings them onsite to provide free professional children’s haircuts for attendees. There is a party atmosphere to get kids pumped up about the new school year with their fresh new cuts and free school supplies. Throughout the day there is music, special promotions, giveaways, light refreshments and much more. Children of all ages are welcome to get free haircuts and school supplies on a first-come, first-serve basis, while supplies last. About Hibbett, Inc. Hibbett, headquartered in Birmingham, Alabama, is a leading athletic-inspired fashion retailer with 1143 Hibbett and City Gear specialty stores, located in 36 states nationwide. Hibbett has a rich history of convenient locations, personalized customer service and access to coveted footwear, apparel and equipment from top brands like Nike, Jordan, and adidas. Consumers can browse styles, find new releases, shop looks and make purchases online or in their nearest store by visiting www.hibbett.com. Follow us @hibbettsports and @citygear on Facebook, Instagram and Twitter. Contact Details Wendy Yellin pr@hibbett.com Company Website https://www.Hibbett.com

July 31, 2023 10:06 AM Eastern Daylight Time

1 ... 117118119120121 ... 251