German retailer looks to Oracle's retail
merchandise and cloud ERP offerings to increase productivity,
reduce costs, simplify its operations, and foster growth
AUSTIN,
Texas and DUSSELDORF,
Germany, Feb. 3, 2025 /PRNewswire/ -- Peek &
Cloppenburg1, a family-owned fashion retailer renowned
for its presence on the German high street since 1901, has selected
Oracle retail and finance cloud applications to streamline its
operations and optimize inventory management across its global
footprint. The iconic department store chain operates 160
stores across 16 European countries, reaching millions of customers
annually. With the Oracle Cloud solutions, the brand will be able
to reduce costs, simplify its operations, and grow its business
while better supporting the needs of its customers.
"Replacing our legacy systems with a modern platform will give
us the flexibility and scalability we need to adapt to a rapidly
changing industry," said Kristian
Hertel, Director Global IT, Peek & Cloppenburg.
"With best-in-class Oracle Cloud ERP and retail solutions we can
better manage inventory for our private
label and name-brand merchandise while gaining
operational efficiencies and growing margins."
In collaboration with Retail Consult, the brand will implement
several applications in the Oracle Retail Suite. The brand will
also deploy Oracle Fusion Cloud Applications for finance and
warehouse management. The Oracle solutions will provide a
centralized approach that can help the brand streamline its
processes, boost efficiency, and deliver cross functional insights
faster to support critical business decisions.
"I have had the honor of experiencing Peek & Cloppenburg's
legendary quality and store service and admire its unwavering
commitment to excellence that has spanned over a century," said
Alex Alt, executive vice president
and general manager, Oracle Consumer Industries. "With Oracle's
modern, connected platform, Peek & Cloppenburg will have the
agility to innovate across its organization and gain the data
visibility and intelligence to make more informed business
decisions, optimize inventory, and continue to deliver the products
and personalized touch customers have come to expect."
To see these solutions in action, join Oracle at EuroCIS
February 18-20th in
Düsseldorf, Germany Hall 10/Booth C42. Learn more at:
https://engage.oracle.com/oracleateurocis?token=3f6f3aace8.
1.
*There are two independent companies Peek & Cloppenburg with
their headquarters in Düsseldorf and Hamburg. This information refers to Peek &
Cloppenburg B.V. & Co. KG, Düsseldorf, whose store locations
can be found
at http://www.peek-cloppenburg.de/de/stores.
About Peek & Cloppenburg
The Peek & Cloppenburg Group, with headquarters in
Düsseldorf and Vienna, is one of
the largest multi-brand fashion retailers in Europe. Accessible via five online shops and
centrally located in over 160 stores, P&C is an omnichannel
provider that offers customers a personalized shopping experience
with a selection of curated fashion trends, including premium
labels, trendy young brands and innovative exclusive brands. Today,
around 16,000 employees work for the Group in 16 countries. In
addition to P&C, the Group also includes the menswear outfitter
ANSON'S and Magasin du Nord.
About Retail Consult
Retail Consult is a group of
professionals specializing in technology solutions for retail,
offering clients a global perspective and experience with
operations in Europe, Asia, North, South, and Central America. Retail Consult provides
solutions strategy, implementation, deployment, training, and
support services. They serve clients across a range of retail
segments including fashion, grocery, pharmacy, do-it-yourself,
telecommunications, and electronics. In size, their clients range
from regional, privately held companies to global retailers
deploying multiple brands. Retail Consult is unique because they
have an extremely high success rate for implementing Oracle Retail
Solutions. Their values and mission drive them to be a strategic
partner to all clients.
About Oracle
Oracle offers integrated suites of
applications plus secure, autonomous infrastructure in the Oracle
Cloud. For more information about Oracle (NYSE: ORCL), please visit
oracle.com.
Trademarks
Oracle, Java, MySQL and NetSuite are
registered trademarks of Oracle Corporation. NetSuite was the first
cloud company—ushering in the new era of cloud computing.
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SOURCE Oracle
