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Reitmans adopts ProfitLogic's Assortment Execution Solution to improve sales & gross margin

25 May '05
4 min read

profitlogic's assortment execution solutions help merchandising strategies reach their highest potential by aligning financial plans with merchandising objectives and ensuring proper execution at the store. by using insight into customer demand, merchants can make more informed decisions and better tailor assortments to local demand, flow and allocate merchandise in the right sizes and pre-packs, and ultimately better manage the entire lifecycle of their merchandise.

reitmans, canada's largest women's specialty retailer, was founded in 1926 by herman and sarah reitman. their traditional "general store" opened on st. lawrence boulevard in montréal, quebec, canada. the immense popularity of their clothing line prompted them to open their second store, which exclusively sold women's apparel. almost 80 years later, reitmans (canada) ltd. has grown to include over 850 stores operating under six banners: reitmans, smart set, rw & co, penningtons, thyme maternity, and addition-elle.

profitlogic provides an industry-leading suite of retail profit optimization solutions designed for retailers whose priority is getting the highest return on inventory investments. profitlogic's solutions provide merchants with day-to-day operational decision support and workflow for making better-informed assortment execution, allocation and fashion replenishment, promotion, pricing and markdown decisions. profitlogic has delivered fast, flexible solutions with significantett

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