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"Retail Wisdom " Announced as New Name for Raymark Xpert Business Systems.


Business Editors

NEW YORK--(BUSINESS WIRE)--Jan. 16, 2001

Retail Wisdom is the new name of the former Raymark Xpert Business Systems, the Montreal-based global integrated retail systems developer, the company announced at the National Retail Federation conference in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 today.

"We wanted a name that better communicated who we are," said Terri Ghio, President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , "and `Retail Wisdom ' is what we are all about. Wisdom results from experience, knowledge and perspective. It implies a true and comprehensive understanding of something, where it 's been and where it 's going."

"Over the past several months, we have built a management team comprised of talent from top retailers and the most successful system providers in this industry, and we are applying this experience and knowledge of retail technology and consumer behavior-our wisdom-to helping retailers better manage their businesses in ways that improve customer service, while gaining insight into what makes their customers tick. And that is retail wisdom for our customers."

The new name is part of a concerted effort on the part of the company to communicate their strategies and capabilities to current and prospective customers. Customer Relationship Management is a major focus. According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Ghio, "We want retailers to know that we are aware of their concerns and challenges, especially the need to develop strategies that cater to the differences in people and cultures both around the corner and around the world."

"We've been focusing on these issues for several years," adds Ghio. "We've been ahead of the curve, yet our customers tell us we 're one of the best kept secrets in the industry. Our new name, which one would hardly associate with technology, confirms that we are a people-centric company. We employ technology to enhance the shopping experience and foster relationships between people."

With headquarters in Montreal and offices in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, Paris and Hong Kong, and opening soon in Tokyo, Retail Wisdom is a developer of software solutions for global specialty retailers. Among its largely international clientele are Bluebell bluebell, common name for several plants belonging to completely different classes, particularly the bellflower and the Virginia cowslip, or Virginia bluebell, of the family Boraginaceae (borage family) and the wood hyacinth, a squill of the family Liliaceae (lily  (Asia) operating prestigious names such as Davidoff, Moschino and Jaeger jaeger (yā`gər), common name for several members of the family Stercorariidae, member of a family of hawklike sea birds closely related to the gull and the tern. The skua is also a member of this family. , Fnac (Taiwan), Hermes, Parfumery Douglas, Christofle, Holt Renfrew and the LVMH LVMH Moët Hennessy-Louis Vuitton (upscale retailer)  Group with retailers such as Loewe and Bliss World Spa and Fred. Visit www.RetailWisdom.com for more information.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 16, 2001
Words:375
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