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NRF Annual Convention & Expo -- Torex Retail Holdings Limited (Torex™), the leading global provider of innovative, integrated technology solutions to the extended retail marketplace, today announces the availability of its market-leading TorexTM Merchandise Planning solution as three individual packages. Retailers looking to benefit from the features offered by Merchandise Planning can now opt for one or more of the following packs: In-season Weekly Stock, Sales & Intake (WSSI) re-forecasting; Pre-season planning & clustering; and Assortment planning.

The Torex Merchandise Planning packaged solution makes it easier for retailers to implement the features that will benefit their business the most. The smaller size of each implementation means that retailers are now able to expand their merchandising functions without having to commit the same level of time, money and resources as with previous deployments. Each module can now be deployed in the space of four to five months, allowing retailers to see a quicker return on investment. The lower costs involved also reduce the risk and cost of ownership for retailers.

The three Merchandise Planning packages enable retailers to introduce best-practice business processes into their operations. With years of experience helping fashion retailers improve their merchandising systems, Torex has been able to incorporate many of these advancements into the solution. Pre-season planning and Assortment planning can help retailers develop an effective trend strategy, determining which stock to allocate to particular types of store and the necessary quantities required. Additionally, the In-season WSSI forecasting package provides an ongoing analysis of stock, sales and intake to help optimise the availability of items in-store, whilst reducing the costs associated with handling excess stock.

Torex Merchandise Planning has been successfully implemented by a number of fashion retailers, including Slaters, Conbipel and L-Fashion. Charlie Brophy, Head of Merchandising at Slater Menswear comments: "With the speed of information we get with Torex Merchandise Planning, Slaters have been able to increase stock turns, plan their intakes better and ultimately allow the stores to look better."

Charlotte Kula-Przezwanski, Enterprise Product Manager at Torex adds: "By offering Torex Merchandise Planning in a modular format, we hope to make it as easy as possible for retailers to improve their merchandising processes. We know that it can sometimes be a difficult decision for a retailer to commit to a full-scale systems upgrade. With the Merchandise Planning packaged solution, the risk involved in the implementation stage is significantly decreased, and the reduced time-frame for deployment enables stores to begin seeing the benefits and return-on-investment much earlier."

About Torex
Torex is the leading global provider of innovative, integrated technology solutions to the extended retail marketplace.

Torex has over 25 years' experience of working in partnership with the world's most forward-thinking retail, petroleum and convenience and hospitality brands to entice, engage and retain their customers.

Over 7,000 customers worldwide depend on our proven, best-in-class solutions and knowledgeable industry experts to help them identify, define and deliver a more personal and qualitative experience for each customer, and to maximize profitability, increase return on investment and achieve competitive advantage. Torex customers include McDonald's, SUBWAY®, Tesco and Selfridges.

SOURCE: Torex