GLOUCESTER, Mass., Dec. 7, 2010 (GLOBE NEWSWIRE) --
News Facts:
- TradeStone Software, delivering Merchandise Lifecycle Management (MLM) solutions that unify the design, sourcing, ordering and delivery of private label and globally branded goods, today announced that TradeStone is the sole Product Lifecycle Management (PLM) / MLM provider listed in RIS News Software Leaderboard for 2010.
- RIS News Software Leaderboard listing, widely-recognized as the Olympics for retail technology vendors, is a comparison ranking by retailers nationwide based upon customer evaluations of each vendor's performance in several key retail categories, including: Customer Satisfaction, Return on Investment, Overall Performance, Total Cost of Operation and Product Reliability.
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Now in its 10th year, the RIS News Software Leaderboard survey is conducted by an independent third-party research firm and includes responses from all major retail segments. For this year's survey, nearly 300 retailers voted, including 847 vendor valuations.
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TradeStone's rankings are as follows:
- Leaders in Recommendation: Rank 5
- Leaders in Return on Investment by Tier One Retailers: Rank 6
- Leaders in Overall Performance by Tier One Retailers: Rank 6
- Leaders in Total Cost of Operation by Tier One Retailers: Rank 7
- Leaders in Product Reliability by Tier One Retailers: Rank 7
- Customer Satisfaction Leaders Among Targeted Solutions Vendors: Rank 9
Supporting Quotes:
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"The RIS LeaderBoard has never had high placements by PLM / MLM providers in the past," said Joe Skorupa, editor-in-chief, RIS News. "TradeStone's solutions, which help businesses in these areas, were consistently cited by retailers for their performance, reliability and return on investment. The strong customer satisfaction ratings made TradeStone a standout in this year's group of top software vendors."
- "The Leaderboard is unique among best-of-lists in that it ranks vendors in a head-to-head comparison – there are no excuses," said Sue Welch, CEO, TradeStone Software. "PLM is now front and center as a must-have technology for retailers developing private brands and balancing those private brands with global brands. TradeStone's ranking solidifies our position as the leader in the retail market."
About TradeStone Software, Inc.
TradeStone Software helps retailers, brand manufacturers and suppliers increase market share and improve margins through the use of Merchandise Lifecycle Management solutions that unify the design, sourcing, ordering and delivery of their private label and branded goods. Organizations including American Eagle Outfitters, Belk, Boots, Guitar Center, Kohl's, Le Chateau, Macy's, NBrown Catalog Company, Pacific Sunwear, Shoprite, The Children's Place, Urban Outfitters and Wilkinson use TradeStone's solutions to help them bring innovative and highly profitable products to market at record speeds.
TradeStone Software is headquartered in Gloucester, Mass., with offices in Atlanta, New York City, Bangalore, Hong Kong and London. Additional information can be found on the Web at www.tradestonesoftware.com.