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News Facts
-- French book and electronic media retailer FNAC has chosen to use Oracle(R) Retail Merchandising System to help support its expansion plans in Europe and the development of new business models including e-commerce and its franchise network. -- A subsidiary of PPR, FNAC has 145 stores providing an unparalleled assortment of books, CDs, DVDs, photographic and other electronic goods. The retailer is expanding internationally and operates stores in Belgium, Spain, Portugal, Italy, Switzerland, Greece and Brazil. -- With plans to extend its existing and new franchise network over the next three years -- opening between five and ten stores each year -- and to further develop its growing online business, FNAC selected the Oracle Retail Merchandising System to help develop a centralized business model across the globe. -- The Oracle Retail Merchandising System is expected to help FNAC centralize master data management and unify merchandising practices, providing a common approach to managing business information and enabling franchise stores to replace multiple legacy systems. -- FNAC anticipates that buyers will see short-term value from more consistent and accurate entries, ease of maintenance around key processes and improved data integrity between franchise stores and its headquarters. -- The integration of core merchandising activities is expected to reduce workflow overlap enabling employees to focus on increasing sales and delivering customer service, rather than managing their systems. -- The selection of the Oracle Retail Merchandising System builds on the existing, long-term relationship between the two organisations and FNAC's deployment of Oracle Retail merchandising applications within its French business.
Supporting Quotes
-- "Our relationship with Oracle continues to drive measurable results to our business," said Etienne Bertin, Chief Information Officer, FNAC. "Oracle Retail offers us the strongest proposition, providing a strategic merchandising system capable of delivering rapid value and supporting our drive for a consistent, high-quality shopping experience for our customers around the globe." -- "FNAC's approach to sharing its merchandising best practice can only help deliver value to its customers," said Duncan Angove, Senior Vice President and General Manager, Oracle Retail. "We appreciate the opportunity to extend our relationship with FNAC and help the retailer's development decision-makers turn reliable information into insightful business decisions."
Supporting Resources
-- About FNAC -- Join the Oracle Retail community on Facebook -- Oracle Insight-Driven Retailing Blog -- Oracle Retail YouTube Channel -- Follow Oracle Retail on Twitter -- Oracle Retail Customer Success Stories -- Oracle in Retail
About Oracle Retail Oracle is the number one provider of innovative and comprehensive industry software solutions for retailers -- enabling organizations to serve their customers better by applying insight into daily business decisions for more profitable results. With software that provides supply chain, operations, merchandising, store systems, optimization as well as enterprise applications and infrastructure software, Oracle partners with the world's leading retail companies, including 20 of the 20 top retailers worldwide, to transform the economics of their businesses.
About Oracle Oracle (NASDAQ: ORCL | Quote | Chart | News | PowerRating) is the world's largest business software company. For more information about Oracle, please visit our Web site at http://www.oracle.com.
Trademarks Oracle is a registered trademark of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.
Contact Info Kevin Ruane Oracle +1.650.506.6610 Email Contact Beth Axon JD Marketing +44.20.8297.5388 Email Contact
SOURCE: Oracle Corporation
http://www2.marketwire.com/mw/emailprcntct?id=ECD7F5284713110B http://www2.marketwire.com/mw/emailprcntct?id=A19B5A33ACBFCF77
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