Castorama, Europe's Leading DIY Retailer, Implementing JDA Software to Support International Growth in Europe, North and South America.Business Editors & High-Tech Writers SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Dec. 10, 2002 JDA JDA Japan Defense Agency JDA Joint Development Agreement JDA Janne da Arc (band) JDA Joint Duty Assignment JDA Jerusalem Development Authority JDA Jovian Detention Authority (gaming) (R) Software Group Inc. reported that Castorama Group, Europe's largest and the world's third leading do-it-yourself retailer, part of US$8.30 billion Castorama-Dubois Investissements (CDI CDI compact disc interactive: a system for storing a mix of software, data, audio, and compressed video for interactive use under processor control ), is implementing JDA Portfolio(R). GETINOR, the IT subsidiary for Castorama and BRICO-DEPoT store brands in Europe, will use JDA's integrated, best in class retail functionality and modular implementation approach to support its clients' ambitious international growth strategy. The retailer is currently implementing JDA's open Portfolio Merchandise Management(TM) software and several Portfolio Space Management by Intactix(TM) applications to support centralization of its operations and empower its corporate office with more advanced retail functionality proven to reduce out of stocks and inventory costs while driving service levels, turns, sales and margins. Prior to its selection, Castorama conducted a benchmark to thoroughly test the JDA Portfolio solution. After awarding the contract to JDA in early 2002, Castorama and JDA spent another 60-90 days finalizing a definitive agreement and implementation plan before making the deal official in third quarter 2002. "We selected JDA for its clear strategy for the future, international strength, proven success rate and the rich functionality of its integrated product suite. JDA's best in class product strategy mirrors Castorama's IT strategy," commented Philippe Meurillon, chief information officer of Castorama Group. "We were particularly impressed with the best practices in assortment, category, price and supplier relationship management that we'll be able to execute due to the integration between JDA's strategic analytic software and Portfolio Merchandising solution." "We are thrilled to be working with Castorama on this huge multi-cultural, multi-lingual and multi-continent implementation of mission critical software," commented JDA 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. Jim Armstrong Jim Armstrong may refer to:
Castorama is implementing Portfolio Merchandising to run in an Oracle/UNIX environment to manage its operations in France. Future plans call for implementations at the Castorama and BRICO-DEPoT chains in Spain, Poland, Italy, Brazil, Germany, Belgium and Canada from 2003 through 2005. About Castorama-Dubois Investissements The CDI Group is Europe's leading DIY DIY abbr. do-it-yourself DIY or d.i.y. Brit, Austral & NZ do-it-yourself DIY abbr DIY do it yourself a DIY shop/job. retailer, third worldwide and it employs nearly 50,000 people and operates 539 DIY stores on three continents. In 2001, it earned Euro 406 million on net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight of Euro 9.5 billion. CDI Group shares are traded on the Euronext Paris Euronext Paris is France's securities market, formerly known as the Paris Bourse, which merged with the Amsterdam and Brussels exchanges in September 2000 to form Euronext NV, which is the second largest exchange in Europe behind the London Stock Exchange. market. Castorama Group merged with B&Q in December 1998. In September 2002, Kingfisher held 56,4 % of the enlarged groups' shares, before launching a take-over bid against minority shareholders. About JDA Software JDA Software Group, Inc. is a demand and supply chain partner to the world’s leading retailers, manufacturers and suppliers and is located in Scottsdale, AZ. History Jim Armstrong, co-founded the U.S.-based JDA Software in 1985. Group Inc. With more than 4,600 retail, wholesale and manufacturing clients in 60 countries, JDA Software Group Inc. (Nasdaq:JDAS) is the global leader in delivering integrated software Separate software components or applications that have been combined into one package. See integrated software package. and professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. for the retail demand chain. By capitalizing on its market position and financial strength, JDA commits significant resources to advancing JDA Portfolio, its suite of merchandising, POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale , analytic and collaborative solutions that improve revenues, efficiency and customer focus. Founded in 1985, JDA is headquartered in Scottsdale and employs more than 1,200 associates operating from 29 offices in major cities throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , South America, Europe, Asia and Australia. For more details, visit www.jda.com, call 800/479-RETAIL (7382) or e-mail info@jda.com. This press release contains forward-looking statements that are made in reliance upon the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such forward-looking statements include the implication that Castorama Group may exercise its option to license JDA's advanced replenishment and business intelligence products; JDA's strategy for the future, and the statement that Castorama intends to implement JDA products at its chains in Spain, Poland, Italy, Brazil, Germany, Belgium and Canada. Future events may involve risks and uncertainties, including, but not limited to, the fact that Castorama has no obligation to license additional JDA products and may elect not to do so, and the risk that Castorama has no obligation to implement JDA products in any countries outside of France and may elect not to do so, and other risks detailed from time to time in the "Risk Factors" section of our filings with the Securities and Exchange Commission. As a result of these and other risks, actual results may differ materially from those predicted. We undertake no obligation to update information in this release. "JDA," "JDA Portfolio," "Portfolio Merchandise Management," and "Portfolio Space Management by Intactix" are trademarks or registered trademarks of JDA Software Group. Any trade, product or service name referenced in this document using the name "JDA" is a trademark and/or property of JDA Software Group. All other trade, product, or service names referenced in this release may be trademarks or registered trademarks of their respective holders. |
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