Oracle Retail Predictive Application Server (RPAS)

New Oracle Pricing and Promotion Capabilities Help Retailers Increase Sales

Retrieved on:

Tuesday, January 17, 2023

Cloud, Oracle Cloud, Oracle Retail Predictive Application Server (RPAS), National Retail Federation, Event management, ROI, Capital asset pricing model, Marketing, OCI, NRF, POS, Overload, Point of sale, Video game console, Retail, Sales, Online shopping, Oracle

AUSTIN, Texas, Jan. 17, 2023 /PRNewswire/ -- Inflation and marketing offer overload are making it harder for retailers to engage increasingly fickle customers with a price point and message that gets them to act. To address these challenges, Oracle today announced a series of new cloud capabilities. Price Hub extends Oracle Retail Merchandising Cloud Services to automate the pricing process so retailers can easily make purchase price updates across thousands of products to maximize sales and margins. And new promotion capabilities in Oracle Retail Customer Engagement Cloud Services help retailers drive incremental revenue and profitability by executing more personalized and compelling offers. The cloud services are running on Oracle Cloud Infrastructure (OCI).

Key Points:

Price Hub extends Oracle Retail Merchandising Cloud Services to automate the pricing process so retailers can easily make purchase price updates across thousands of products to maximize sales and margins.
And new promotion capabilities in Oracle Retail Customer Engagement Cloud Services help retailers drive incremental revenue and profitability by executing more personalized and compelling offers.
New extensions to Oracle Retail Customer Engagement Cloud Services eliminates these challenges to help retailers drive incremental revenue and profitability by more executing relevant offers.
Campaign and Deal Management Cloud Service can seamlessly publish offers into the Oracle Retail Promotion Engine to extend promotion capabilities to include single and multi-use coupons.

New Oracle Payment Cloud Service Gives Retailers Greater Transparency and Pricing Flexibility

Retrieved on:

Thursday, January 12, 2023

Cloud, Oracle Cloud, Oracle Retail Predictive Application Server (RPAS), Samsung, National Retail Federation, OCI, Oracle Financial Services Software, NRF, Samsung Pay, POS, Online shopping, Bank, Oracle, Apple

AUSTIN, Texas, Jan. 12, 2023 /PRNewswire/ -- The welcome return to in-store shopping has also brought retailers a host of unexpected payment processing fees and complexity. To help combat this challenge, Oracle today extended its comprehensive retail cloud platform to include the Oracle Retail Payments Cloud Service. With the solution, US retailers can now accept the latest in contactless payment options, including debit/credit cards and Apple, Google, and Samsung Pay, without the hidden fees and unpredictable costs that erode the bottom line. This is all with transparent, fixed-fee rate pricing with no long-term contract lock-in or monthly minimum requirements.

Key Points:

To help combat this challenge, Oracle today extended its comprehensive retail cloud platform to include the Oracle Retail Payments Cloud Service.
Oracle Retail Payment Cloud Service provides a fixed rate and competitive pricing model that enables retailers to anticipate exactly how much they will pay for every transaction – regardless of payment method used.
And as the service runs on Oracle Cloud Infrastructure (OCI), it has high security standards, end-to-end encryption, and is PCI/DSS compliant.
When integrated with Oracle Retail Xstore Point-of-Service (POS) and Oracle MICROS hardware , it provides retailers with a complete platform for payment acceptance through to processing.

Corum Advises Retail Consult in Transaction with Gyrus Capital

Retrieved on:

Monday, November 21, 2022

Software, Growth, Environment, Electronics, Partnership, Development, Corum, Pharmacy, Telecommunication, POS, Oracle Retail Predictive Application Server (RPAS), Sale, Acquisition, Retail, Oracle, Gyrus

SEATTLE, Nov. 21, 2022 (GLOBE NEWSWIRE) -- Corum Group announces that it has advised its client, Retail Consult, in the sale of a majority stake to the Katalist Group, backed by Gyrus Capital.

Key Points:

SEATTLE, Nov. 21, 2022 (GLOBE NEWSWIRE) -- Corum Group announces that it has advised its client, Retail Consult, in the sale of a majority stake to the Katalist Group, backed by Gyrus Capital.
Retail Consult has a team of 300+ consultant experts in retail and in Oracle.
Retail Consult is a leading IT consulting firm focused on digital transformation for the retail industry.
Retail Consult serves clients across a range of retail segments including fashion, grocery, pharmacy, do it yourself, telecommunications, and electronics.

Discounts at the Top of Shoppers Wish List this Holiday Season

Retrieved on:

Wednesday, October 26, 2022

AUSTIN, Texas, Oct. 26, 2022 /PRNewswire/ -- A new Oracle Retail consumer research study found that price will be paramount this holiday season as shoppers are increasingly worried about inflated costs and tighter budgets. In response, 77% of consumers already have, or plan to, shop early to ensure they can get the items they want and have more time to shop for deals. Nearly 60% of shoppers said current economic factors will cause them to spend less overall and 71% said they would consider a store financing or payment plan to cover the costs of gifts. Ultimately, shoppers are ready to hit buy if the price is right, with 47% of people noting that cost will be the main factor in moving them from a browser to a buyer.

Key Points:

With restrictions largely lifted, people are heading back to stores to holiday shop, but expectations for inventory availability remain high.
"Merchandise in the wrong place at the wrong time can be the biggest cost to a retailer," added Webster.
This creates urgency for retailers to ensure gifts are delivered on time, while providing clear transparency along the way.
Shoppers preferred social platforms include:
Despite the hype, less than 1% of consumers turn to the metaverse to discover new products.

Retailers Support a More Sustainable Supply Chain with New Oracle Cloud Service

Retrieved on:

Wednesday, June 22, 2022

AUSTIN, Texas, June 22, 2022 /PRNewswire/ -- Oracle today expanded its merchandising procurement capabilities with the introduction of Oracle Retail Supplier Evaluation Cloud Service. The new cloud application enables retailers of all kinds to access and evaluate the governance of suppliers based on their ethical, environmental, safety, and quality performance practices. By being able to make more effective, sustainable, and responsible sourcing decisions as part of the merchandising procurement process, retailers can better manage risk across their supply chain, protect their brand image, and more easily identify greener and more ethical sourcing options.

Key Points:

AUSTIN, Texas, June 22, 2022 /PRNewswire/ -- Oracle today expanded its merchandising procurement capabilities with the introduction of Oracle Retail Supplier Evaluation Cloud Service .
"Oracle Retail Supplier Evaluation will enable businesses to make effective and responsible decisions across their supply chain and confidently communicate this supplier information to their customers, ultimately building brand loyalty and increasing revenue."
Oracle Retail Supplier Evaluation augments the Oracle Retail Merchandising procurement process by giving buyers additional data to evaluate existing suppliers or identify new ones.
With the cloud service, retailers can enable vendors to report their compliance through scored assessments, audits, certifications, and change management practices.

Maker of SINGER, HUSQVARNA VIKING, and PFAFF Sewing Machines Personalizes In-Store Shopping with Oracle

Retrieved on:

Thursday, February 3, 2022

With consumers spending more time at home during the pandemic, SVP Worldwide saw a surge in sales for its household brand name sewing machines, SINGER, HUSQVARNA VIKING, and PFAFF.

Key Points:

With consumers spending more time at home during the pandemic, SVP Worldwide saw a surge in sales for its household brand name sewing machines, SINGER, HUSQVARNA VIKING, and PFAFF.
"Our brand's commitment is to inspire and delight our creative customers around the world," said Kevin Blanchard, Chief Information Officer at SVP Worldwide.
"By bringing agility to the customer experience, we can deliver a more fulfilling shopping experience in our stores.
By upgrading to the latest version of Oracle Retail Xstore Point-of-Service , SVP can better connect with its in-store shoppers.

Retail E-commerce Software Market - Evolving Opportunities with Adobe Inc. & ClearCourse Partnership LLP |35% of Growth to Originate from North America |17000+ Technavio Reports

Retrieved on:

Wednesday, February 2, 2022

The adventof omnichannel retailingwill facilitate theretail e-commerce software market growth in North America over the forecastperiod.The retail e-commerce software market is expected to grow by USD6.72 billion from 2020 to 2025 at a CAGR of 19.58% as per the latest report by Technavio.

Key Points:

The adventof omnichannel retailingwill facilitate theretail e-commerce software market growth in North America over the forecastperiod.The retail e-commerce software market is expected to grow by USD6.72 billion from 2020 to 2025 at a CAGR of 19.58% as per the latest report by Technavio.
Some of key Retail E-Commerce Software Players with offerings:
The retail e-commerce software market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
Read the 120-page report with TOC on "Retail E-Commerce Software Market Market Analysis Report byDeployment (Cloud-based and On-premises) and Geography (North America, APAC, Europe, South America, and MEA), and the Segment Forecasts,2021-2025".Gain competitive intelligence about market leaders.
Retail E-Commerce Software Market Market Deployment Outlook (Revenue, USD bn, 2020-2025)
Retail E-Commerce Software Market Market Geography Outlook (Revenue, USD bn, 2020-2025)
Secure Sockets Layer Certification Market -The secure sockets layer (SSL) certification market share is expected to increase by USD5.13 billion from 2020 to 2025,and the market's growth momentum will accelerate at a CAGR of 21.30%.

Backcountry Upgrades In-Store Service with Oracle

Retrieved on:

Tuesday, January 18, 2022

Using Oracle Retail Xstore Point-of-Service , retail associates can better help shoppers anywhere their in-store adventure takes them.

Key Points:

Using Oracle Retail Xstore Point-of-Service , retail associates can better help shoppers anywhere their in-store adventure takes them.
"Oracle Retail will provide the scalability we need to support our growing business, wide assortment of inventory, and extensive services.
Backcountry is replacing its homegrown point-of-sale system with Oracle Retail Xstore Point-of-Service at its three stores in Utah and Colorado, starting Q2 2022.
Oracle, Java, and MySQL are registered trademarks of Oracle Corporation.

GreyOrange Selects Deborah Surrette as Chief Commercial Officer

Retrieved on:

Thursday, December 16, 2021

Software as a service, GLOBE, Industry, Oracle Retail Predictive Application Server (RPAS), CEO, Commerce, Sterling Commerce, Knowledge, Senior, AI, Efficiency, IBM, Management, Online shopping, Oracle

ATLANTA, Dec. 16, 2021 (GLOBE NEWSWIRE) -- GreyOrange , a global provider of AI software and robots that modernize fulfillment operations, today announced that Deborah Surrette is joining its executive leadership team as Chief Commercial Officer.

Key Points:

ATLANTA, Dec. 16, 2021 (GLOBE NEWSWIRE) -- GreyOrange , a global provider of AI software and robots that modernize fulfillment operations, today announced that Deborah Surrette is joining its executive leadership team as Chief Commercial Officer.
Ms. Surrette will lead GreyOranges commercial strategy and activities focusing on sales and customer success to drive business growth and market share in both current and new markets.
Were really excited to have Deborah join the GreyOrange executive team, said Samay Kohli, co-founder and CEO, GreyOrange.
Solving critical business challenges are key in continuing GreyOranges efforts to support ongoing customer success, said Ms. Surrette.

Supply Chain Worries Remain, But Consumers Slow to Holiday Shop

Retrieved on:

Monday, November 22, 2021

Fire, Black Friday, Oracle Retail Predictive Application Server (RPAS), Tree, Human, San Francisco Bay Area, Retail

AUSTIN, Texas, Nov. 22, 2021 /PRNewswire/ --A new Oracle Retail survey shows that consumers have barely made a dent in their holiday shopping.

Key Points:

AUSTIN, Texas, Nov. 22, 2021 /PRNewswire/ --A new Oracle Retail survey shows that consumers have barely made a dent in their holiday shopping.
While a September survey1 showed that 52% of Americans had already started holiday shopping or plan to shop earlier than usual, when asked again last week, 66% said they are less than halfway done with their holiday shopping.
Consumers are also concerned about supply chain and climate issues when it comes to Christmas trees.
"Despite supply chain concerns, many people have a long way to go in their holiday shopping.