SAS Retail Executive joins TradeStone BoD

22 Feb '08

3 min read

“I've known Lori for many years and have always admired how she first built Marketmax, then worked to make SAS, a powerhouse in the retail industry,” said Sue Welch, CEO, TradeStone Software. “I look forward to her bringing the same expertise and drive to TradeStone. As we continue to grow and sign more customers in the Americas and abroad, Lori's addition to the board will bring us a wealth of insight, operational expertise and business opportunities. We are absolutely thrilled to welcome her into the TradeStone family.”

“I've been an admirer of the team at TradeStone for quite some time,” said Schafer. “Given the outstanding reputation of Sue Welch and her team, I'm not surprised that the innovative software they put together is being embraced so enthusiastically right now among retailers. I am excited to be bringing my expertise to TradeStone and look forward to working with the executive team to continue to scale TradeStone into a global software entity.”

TradeStone provides merchandise lifecycle management software that enables the world's most successful retailers to bring innovative and highly profitable private label products to the market at record speeds. TradeStone's Merchandise Lifecycle Management solution, which consists of TradeStone PLM for Retail, TradeStone Global Sourcing, TradeStone Quality Management and TradeStone Global Order Management, delivers radical results - 200 to 400 basis points to the bottom line; sales increases of 35 percent; average consumer spend increases of seven percent; and sell through at margins of 78 percent.

TradeStone Software Inc

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