Retail Express Company Market Research Report

Company Overview

• Name: Retail Express Ltd

• Mission: Solving today’s complex business challenges with optimised fact-based decision-making using advanced AI technology to drive ‘intelligent merchandising’ through collaboration and process automation.

• Founded: No information is available.

• Founders: No information is available.

• Key People:

• Barry Grange - CEO

• Edward Betts - SVP General Manager - Retail Lead Europe

• Jeremy Menezes - GM / MD - Australia & New Zealand

• Philip Grange - VP Sales & Marketing

• Mark Grange - VP Operations

• Miguel Ganose - VP International Business Development

• Chris Brookes - Enterprise Architect

• Chris Baker - Head of Implementations

• Andrew Mahood - Head of Analytics

• Jackie King - Senior Product Manager

• Mary Luker - Customer Support Manager

• Greg Able - Business Consultant

• Victoria Topping - Senior Business Analyst

• Headquarters: Bond House, The Bourse, Boar Lane, Leeds, LS1 5EN, United Kingdom

• Number of Employees: No information is available.

• Revenue: No information is available.

• Known For: Retail Express is known for its AI-driven pricing, promotions, supplier collaboration, and category management software, offering intelligent merchandising solutions that leverage artificial intelligence to enhance retail operations.

Products

Intelligent Merchandising Solutions

Product Overview

Retail Express provides a comprehensive suite of merchandising solutions designed to systematize and automate retail processes. The solutions leverage AI to generate accurate demand forecasts, automate pricing, promotions, and boost productivity—ultimately driving better financial results.

Key Offerings

1. AI Merchandising:

• Description: Uses AI and machine learning to systematize merchandising decisions.

• Features: Accurate demand forecasting, streamlined pricing and promotions, stakeholder collaboration, automation of supplier collaboration.

2. Pricing & Promotion Optimisation:

• Description: AI-driven optimisation of pricing and promotions to align with market conditions.

• Features: Rules-based pricing enforcement, automated responses to market changes, maintaining strategic goals.

3. Supplier Collaboration:

• Description: Facilitates and optimises supplier negotiations and trade fund claims.

• Features: Enhanced supplier interactions, increased funding visibility, reduced collection costs and timescales.

4. Category Management:

• Description: Comprehensive planning and assessment tools to optimize category performance.

• Features: AI-powered evaluation, predictive P&Ls, centralised planning model.

5. Media & Display:

• Description: Integrates advertising and media planning with merchandising functions.

• Features: Collaborative, analytics-driven process, shared workflow, cross-departmental insight.

Recent Developments

• Partnerships:

• Retail Express has partnered with Foodland Supermarkets Australia to revolutionize their retail operations through advanced system automation, improving category management and supplier collaborations.

• Expansion:

• Announced strategic expansion into the Australian market by establishing a local presence to support growth. Jeremy Menezes was appointed as the General Manager for Australia and New Zealand to lead this initiative.

• New Products/Features:

• Integrated a new Store Profile capability to enhance Retail Data Analytics via location profiling which supports bricks-and-mortar stores and eCommerce channels.

• Launched a next-generation Supplier Collaboration module allowing comprehensive planning, negotiation, and execution of promotions and supplier engagements.

• Recognition:

• Retail Express received the award for Best Intelligent Merchandising Platform 2023 by Innovation in Business.

• Recognised in the Retail CIO Radar 2022 by Retail Today magazine as a leader in Price Optimisation & Management and Merchandising.

The company is at the forefront of transforming retail operations through the use of AI to enhance agility, efficiency, and supplier relationships while improving customer engagement and profitability.