Epicor Software Corporation (NASDAQ: EPIC), a leading provider of enterprise business software solutions to the midmarket and divisions of Global 1000 companies, announced today that it has been named the leading vendor of point-of-sale (POS) software to the top North American softgoods retailers in a recent study published by global research and advisory firm IHL Group.
This is the fourth year that IHL Group has published this report, and Epicor has been in the top spot each year (the first two years as NSB Retail Systems, which Epicor acquired in 2008).
For the “Retailer's Guide: POS Software for Softgoods Retailers” report, IHL Group evaluates vendors of POS software installed among the top 250 retailers in the specialty softgoods space and ranks the top 10 vendors.
These vendor rankings are based on three criteria: 1) The total number of vendor accounts among the leading 250 Softgoods retailers; 2) The estimated number of POS systems running the vendor's software based on store count and lanes per store; and, 3) The retail revenue represented by the vendor accounts. Epicor scored number one in every category with the highest account share, POS software license share, and managed revenue share-above Micros, Oracle, SAP, and JDA for the top rank.
Commenting on Epicor's prominence in the POS softgoods retail space, IHL analyst Jerry Sheldon said: “Epicor again emerged as the leader in our study ranking first in every category. Served by a strong company reputation, extensive partner network and impressive customer list, Epicor continues to display leadership in bringing software solutions to tier one through tier four general merchandise and specialty retailers.”
The study also features an overview of the economic, technology and consumer trends affecting retailers today. Some of the key business challenges softgoods retailers seek to offset via the use of POS technology are price pressures, rising labour costs, lack of available workforce and workforce loyalty, as well as customer loyalty and empowering customers to make purchases via multiple channels.
“POS software is the most mission-critical system a retailer deploys - at the heart of their operations, enhancing the customer's shopping experience, increasing employee productivity, and driving store sales - as such, we are extremely honoured to be recognised as the POS leader in the softgoods retail space,” said David Henning, vice-president and general manager for Epicor Retail.
“We are proud to continue our long history of providing softgoods retailers with the right solutions to help them achieve their business objectives.”
Today, many of the world's leading retailers utilise Epicor Retail solutions and services to become more profitable, productive and competitive. Epicor's solutions leverage proven Microsoft .NET technology to improve business operations and meet the evolving merchandise and service expectations of today's cross-channel shoppers. Epicor delivers comprehensive retail management solutions to enterprises in all tiers - from regional chains to multichannel global brands. Retail customers include hundreds of marquee names, from A'eropostale, American Eagle Outfitters, and Ann Taylor to Zales and Zumiez. Epicor employs more than 800 employees in retail-focused operations.
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IHL Group
IHL Group is a global research and advisory firm specialising in technologies for the retail and hospitality industries. The company, based in Franklin, Tenn., generates timely data reports, offers advisory services and serves as the leading retail technology spokesperson for industry and vendor events. For more information, visit IHL Group's Web site at http://www.ihlservices.com.
Epicor Software Corporation
Epicor Software is a global leader delivering business software solutions to the manufacturing, distribution, retail, hospitality and services industries. With 20 000 customers in over 150 countries, Epicor provides integrated enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM) and enterprise retail software solutions that enable companies to drive increased efficiency and improve profitability. Founded in 1984, Epicor celebrates 25 years of technology innovation delivering business solutions that provide the scalability and flexibility businesses need to build competitive advantage. Epicor provides a comprehensive range of services with a single point of accountability that promotes rapid return on investment and low total cost of ownership, whether operating business on a local, regional or global scale. The company's worldwide headquarters are located in Irvine, California, with offices and affiliates around the world. For more information, visit http://www.epicor.com.
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