SAS announced that The Children’s Place Retail Stores
Inc. has chosen the SAS® Integrated Merchandise Planning suite for
enhancing its ability to plan merchandise assortments more effectively
at its Disney Store brand. The retailer chose SAS, the leader in business
intelligence, for merchandise financial planning, assortment planning,
forecasting and in-season management for its more than 300 Disney Stores.
The Children’s Place has been a SAS customer since 2005.
“We have a progressive, complex planning process,
and we needed a robust, flexible, integrated solution to help us
with financial and merchandise planning at Disney Store,” said Richard
Flaks, Senior Vice President, Planning, Allocation and IT,
The Children’s Place. “We believe SAS retail solutions
will help streamline planning, reduce ad hoc reporting needs and
decrease time spent gathering data. This will allow our team more
time to evaluate optimal business scenarios and make smarter decisions.
SAS’ combination of integrated merchandise planning, powerful
analytics, usability and scalability creates a platform on which
to grow.”
“SAS’ powerful integrated merchandise
planning solution helps a sophisticated retailer like The Children’s
Place gain a more complete vision into its planning processes enabling
improved localization of assortments while synchronizing plan elements
such as margins, inventory and pricing strategies,” said Lori
Schafer, Vice President of the SAS Global Retail Practice. “We
are pleased to apply our years of retail experience and a strong,
scalable platform to help Disney Store continue to meet the challenges
of the rapidly changing retail environment.”
About The Children’s Place Retail Stores
Inc.
The Children's Place Retail Stores Inc. is a leading specialty retailer of
children's merchandise. The Company designs, contracts to manufacture and sells
high-quality, value-priced merchandise under the proprietary "The Children's
Place" and licensed "Disney Store" brand names. As of February
3, 2007, the Company owned and operated 866 The Children's Place stores and
328 Disney Stores in North America and The Children's Place online store located
at www.childrensplace.com.
About Disney Store North America
Disney Store North America is owned, and under license operated, by a subsidiary
of The Children's Place Retail Stores, Inc.
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