Retek Adds Java POS to Its Industry-Leading Thin Client Store Systems Solution.
MINNEAPOLIS--(BUSINESS WIRE)--April 16, 2002
Mark's Work Wearhouse, a Wholly Owned Subsidiary of
Canadian Tire Corporation, to Deploy Thin Client
Retek Inc. (Nasdaq:RETK) announced today the release of Retek Point-of-Service (RPOS), which provides retailers with a proven thin-client, Java store systems architecture that can run mission critical store level applications - including labor management, point-of-sale applications, customer management and more. RPOS currently drives operations at over 500 Men's Wearhouse stores, and new Retek client Mark's Work Wearhouse will deploy the solution as well.
"Retek's continued commitment to help retailers create, manage and fulfill consumer demand includes the constant search for functionality and technology to enhance value for our customers," said Steve Ladwig, president and CEO of Retek. "The technology, talent and timing were right for Retek to enter the POS market. We now offer a complete suite of retail CRM solutions that deliver value at any service point - from the check-out lane, to call center, to the website. It's exciting to see the complete store picture come together."
RPOS is a robust, Java POS solution that has been proven in the market. The solution is designed to improve the performance and efficiency of in-store systems - more localized and flexible retail decisions through its unique "thin client" architecture means faster, better and more flexible customer-facing services. RPOS enables improved data movement and inventory/labor cost management at the store-level.
The Men's Wearhouse further enhanced the nature of the relationship between the stores and the home office by deploying the RPOS thin-client point-of-service store architecture. "We're running 500 stores with real time links to our home office applications," said Jeff Marshall, Chief Information Officer with The Men's Wearhouse. "By hosting more data and business logic centrally, we continue to leverage our investment in IT infrastructure."
RPOS is built on adaptable technology, enabling it to run in a traditional point-of-sale configuration with the data and processing residing in the stores or deployed in a true hosted/thin client manner, using low amounts of flash memory on a scaled down PC. RPOS is operating system and hardware-independent, running on Windows NT/9x/2000 ME, Linux and IBM, NCR or Sun hardware. Further, it enables mobile device availability delivered on Palm OS and any portable PC OS that supports Java.
"The architecture and configuration tool-set behind RPOS has us very excited," said Robin Lynas, Chief Information Officer with Mark's Work Wearhouse. "We have successfully completed the first and one of the more significant tests by configuring and testing the credit authorization process. At this rate, we expect to be live with a pilot by early July and have 70 stores running by September all part of our aggressive roll-out schedule."
"Thin client store systems are a reality and will be quickly adopted in the market," said Peter Baskin, Vice President of Retail Customer Relationship Management Solutions with Retek. "The benefits and power at the store level are very compelling. Retek customers like Best Buy and Eckerd, to name a couple, have already selected Retek Store Systems for inventory management as their preferred solution."
In addition to the basic point-of-sale capabilities, RPOS also includes time and attendance and labor scheduling modules, context sensitive online help, a configurable user interface, store and employee goal measurement, biometric security, foreign language and multi-currency support. The architecture and application supports XML to move data and follows the IX retail and ARTS standards.
Retek Point-of-Service is generally available today.
About The Men's Wearhouse
Founded in 1973, The Men's Wearhouse (NYSE:MW) is one of North America's largest specialty retailers of men's apparel with more than 680 stores primarily operating under the brand names of Men's Wearhouse, K&G and Moores. The stores carry a full selection of designer, brand name and private label suits, sport coats, furnishings and accessories. The Men's Wearhouse also operates the second largest manufacturing facility of men's suits, sport coats and slacks in Canada, most of which is used to supply the Moores stores.
For additional information on The Men's Wearhouse, contact the company on the World Wide Web at www.menswearhouse.com.
About Mark's Work Wearhouse
Mark's Work Wearhouse Ltd., a wholly owned subsidiary of Canadian Tire Corporation, Limited is a specialty retail organization that operates 320 stores in Canada, made up of three divisions: the Mark's Work Wearhouse Division operates 169 stores including 23 L'Equipeur stores in Quebec; the Work World Division operates 143 stores; and the Dockers Stores Division operates eight stores. In November the Company announced that effective December 1, 2001 it will begin consolidating all of its stores into one chain called Mark's Work Wearhouse. The move comes as a result of increasing consumer demand for the Company's private labels including Denver Hayes, Mark's, Dakota, and WindRiver.
About Retek Inc.
Retek Inc. is a leading provider of software solutions and services to the retail industry. Retek's collaborative solutions help the retail industry create, manage and fulfill consumer demand. The RIS News Leaderboard 2001 ranked Retek the #1 software vendor for retail. Retek's offering, Retek 10, encompasses Retek's proven strategies, sophisticated software applications, patented predictive technology, unparalleled services, and the best practices of its customers and partners. Retek 10 provides retailers with the fastest path to sustainable business value. Many of the world's leading retailers use Retek solutions, including A&P, Tesco, Best Buy, Family Dollar Stores, Gap, Sainsbury's, Eckerd Corp. and Kohl's Department Stores. For more information, visit www.retek.com, or call 1-888-61-RETEK. Retek can be contacted in Europe at +44 20 7563 4646.
Retek is a trademark of Retek Inc. Other names may be trademarks of their respective owners. Forward-looking statements contained in this press release are made under the Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated. Such factors are described from time to time in the company's Annual Report on Form 10-K and other reports filed with the Securities and Exchange Commission.