$2.5 Billion Michaels Stores Implementing JDA Portfolio To Improve Turns and Increase Sales
Arts & Crafts Retailer Selects Portfolio Replenishment For Proven Scalability & Business Processes
Scottsdale, Ariz. - July 25, 2002 - JDA® Software Group, Inc. (Nasdaq: JDAS) announced that $2.5 billion Michaels Stores, Inc., (NYSE: MIK) the largest specialty retailer of arts and crafts merchandise in the U.S., is implementing JDA Portfolio® advanced forecasting and replenishment™ solutions to dramatically improve inventory turnover while increasing sales. Having used JDA’s Advanced Warehouse Replenishment by E3® for the last eight years to optimize inventory replenishment at four distribution centers, Michaels will
Arts & Crafts Retailer Selects Portfolio Replenishment For Proven Scalability & Business Processes
Scottsdale, Ariz. - July 25, 2002 - JDA® Software Group, Inc. (Nasdaq: JDAS) announced that $2.5 billion Michaels Stores, Inc., (NYSE: MIK) the largest specialty retailer of arts and crafts merchandise in the U.S., is implementing JDA Portfolio® advanced forecasting and replenishment™ solutions to dramatically improve inventory turnover while increasing sales. Having used JDA’s Advanced Warehouse Replenishment by E3® for the last eight years to optimize inventory replenishment at four distribution centers, Michaels will
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