Aptos, Inc., a recognized market leader in retail technology solutions, today announced it has completed its acquisition of TXT Retail, the leading global provider of end-to-end merchandise lifecycle management (MLM) solutions for the apparel, luxury, specialty and general retail sectors.
The acquisition unites Aptos’ best-in-class customer engagement and inventory management solutions with TXT Retail’s best-of-breed merchandise lifecycle management suite, all available in the cloud.
“By removing the barriers that typically exist in managing customers, products and orders, Aptos will empower retailers to transform their businesses for omni-channel success, loyalty and profitability,” said Noel Goggin, Aptos CEO and culture leader. “The enhanced solution footprint allows retailers to deliver localized assortments, personalized offers, fulfillment flexibility and seamless experiences no matter when, where or how shoppers choose to engage. Equally important, it allows retailers to achieve this profitably as shopper expectations continue to evolve.”
The extended technology portfolio represents the industry’s most comprehensive set of omni-channel retail solutions, featuring proven, scalable and widely deployed applications for point of sale, customer relationship management, order management, sales audit, retail analytics, e-commerce, merchandising, forecasting, allocation and replenishment, merchandise and assortment planning, product lifecycle management, and supplier collaboration.
At the acquisition’s close, the combined organization serves more than 1,000 of the world’s leading retail brands across 60 countries, including adidas, Billabong, Cole Haan, Dior, Guess, Lacoste, Louis Vuitton, Sephora, Tod’s, TUMI and Urban Outfitters.
Aptos believes that Engaging Customers Differently™ is critical to their success. They are committed to a deep understanding of each of their clients, to fulfilling their needs with the retail industry’s most comprehensive omni-channel solutions, and to fostering long-term relationships built on tangible value and trust.
By Lolita A. Alford