Kurt Peters , Executive Editor
Retail Technology Leader Signs 108 New Customers Since October
Wakefield, MA (April 3, 2002) -- Marketmax today announced unprecedented corporate growth over the past two quarters. The company, a leading provider of advanced retail planning, analytics and optimization software for many of the world`s most respected retailers and their suppliers, signed 108 new customers since October 2001, expanding its business in several retail segments including Do-it-Yourself Home Center, Department Store and Home Fashion retailers.
"We are seeing tremendous market demand for our advanced planning and optimization tools because they help retailers improve the bottom line," said Lori Schafer, president and CEO of Marketmax. "In today`s slowly growing economy our tools are exactly what retailers and suppliers need to help facilitate collaboration and achieve increased efficiency and greater return on space that leads to higher profitability."
Marketmax experienced its strongest growth in the Do-it-Yourself Home Center and Hardware industry. The company closed 36 new clients in this segment in Q1 alone. New Home and Hardware clients include American Standard, Armstrong World Industries, Broan Manufacturing, ClosetMaid, Danco Company, Genie, Georgia-Pacific, Honeywell, Interbath, Kohler Co., Manco Products, Moen, Pennington Seed, Rubbermaid, Sauder Woodworking, Schlage, Stanley Bostitch and Tuffbilt.
"Marketmax technology enables us to work more closely with our retailers and reveal the optimal assortment and placement of merchandise," Said Kevin Krueger, director of sales, Manco Products. "With Marketmax`s help, planning will become more effective, resulting in increased profitability on our shelves."
Marketmax is the leading provider of advanced retail planning, analytics and optimization software to the world`s leading retailers and their suppliers, keeping them one step ahead of demand. Marketmax`s suite of products enables retailers and their suppliers to deliver measurable results in the form of increased margins and profitability, fewer markdowns, improved inventory turns and greater customer satisfaction across all channels of retailing. Marketmax is respected throughout the retail supply chain for its technology leadership by providing "best in class" solutions and the industry`s only truly integrated, web-architected and highly scalable enterprise planning and optimization software.
For more information on how Marketmax can help you stay one step ahead of demand, please call our worldwide headquarters at 781-876-3200 or visit our Website, http://www.marketmax.com