Innovative Specialty Foods Retailer to Implement retail-in-realtime(TM)
SALT LAKE CITY, UT, May 18, 2004 -- Tomax is pleased to announce that Balducci`s has selected Tomax` Retail.net solution as the backbone for their retail operations. Implementation is slated to begin in June, 2004 with go live projected for October 2004.
Sutton Place Gourmet, a highly regarded and successful regional gourmet food chain, acquired Balducci`s in 2000. The Balducci`s brand has become an icon in the New York/Manhattan market. Balducci`s attracts New York natives and visitors alike to its location on 155 W 66th St, for its award-winning assortment of exclusive food products, ready to serve offerings, and catering services, and their name will now be extended to the other stores in the chain.
"The Tomax Retail.net model fits our brand and vision. We are creating a high-performance, customer service oriented information systems architecture that allows realtime integration between point-of-sale, inventory and replenishment systems. We need the benefits of rapid deployment, instant access to information, and the unique flexibility that the Retail.net single-instance strategy offers", says Carey Lowery, Chief Information Officer for Balducci`s.
The implementation plan is based on a fast-forward, aggressive implementation of Retail.net components to manage central office operations including inventory price management, and hosting of the current store point-of-sale system. Subsequent phases will include the deployment of the Tomax Retail.net Java POS solution along with other advanced pricing and supply-chain planning and replenishment components.
About Balducci`s
Sutton Place Group, LLC headquartered in Bethesda, MD, is a specialty food retailer with 11 retail stores: one in New York City, six in the metro-Washington, DC market and four in the metro-New York and Connecticut areas; as well as six restaurants in the DC area operating under the names Blue Point Grill and High Noon.
Sutton Place Group recently announced that all 11 of their stores, formerly operating under the brand names Sutton Place Gourmet, Hay Day Country Farm Market and Balducci `s would all be repositioned under the Balduccis® name. With a new tagline, The Food Lovers Market, the stores provide a shopping experience that combines market atmosphere, superior customer service and an extraordinary selection of great-tasting products from around the world.
The mission of the new Balducci`s is to create a full service neighborhood-sized supermarket, offering a diversity of the best tasting specialty foods in the world, superior quality perishables and prepared foods, along with a range of everyday products shoppers need at affordable prices.
About Tomax
Tomax Corporation is the leading provider of centrally hosted solutions for retail store operations management. The Tomax Retail.net solution provides a single instance platform and instant visibility to items, customers and associates across the enterprise, enabling retail-in-realtime(TM). Retail.net can be hosted by Tomax or the retailer and can be rapidly configured and deployed to support comprehensive requirements. Over 100 chains, across every retail segment, rely on Tomax solutions today including Air Terminal Gifts, Benjamin Moore, Coach House Gifts, Deseret Book, Franklin Covey, Kelly Moore, Kroger, Safeway, ShopRite, Sportsman`s Warehouse, TJ Maxx/Marshalls, Ultimate Electronics, Winn-Dixie, and 24 Hour Fitness. Visit our website www.retail.net for more information on our customers, products and services.
Forward Looking Statements
Forwarding-looking statements contained in this press release are made under the Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from the anticipated.
Copyright © 2004 Tomax Corporation. Tomax and Retail.net are either registered trademarks or trademarks of Tomax Corporation in the United States and/or other countries. Certain other product names, brand names and company names may be trademarks or designations of their respective owners.
To learn more please visit http://www.tomax.com or http://www.retail.net.
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