Saks Staying Fashion Fresh with New Digital Curation Platform

Press enter to search
Close search
Open Menu

Saks Staying Fashion Fresh with New Digital Curation Platform

06/22/2020

Saks Fifth Avenue is streamlining its inventory buying and merchandising capabilities with the help of a new tech platform.

The apparel retailer has teamed with NuORDER, a B2B e-commerce and retail assortment solutions provider, to digitally curate and deliver a fresh merchandise assortment across the apparel, footwear and accessory verticals. It’s also expected to help the Saks buying team more efficiently identify merchandising opportunities aligned with seasonal trends and customer expectations.

Tracy Margolies, Saks Fifth Avenue chief merchant, said the company has been evolving its merchandise strategy to maintain leadership in the luxury retail space and deliver the optimal product mix for its customers. “While these efforts have been underway for some time, the current environment has given us the opportunity to accelerate our plans,” Margolies noted.

See also: Casey’s Making Moves in Merchandising Evolution

The adoption of the NuORDER platform is projected to aid collaboration with Saks’ vendor partners, as well as drive inventory efficiency and ensure merchandise effectiveness across all touchpoints.

Saks plans to utilize NuORDER’s technology across its buying, planning, digital and marketing functions so it can apply a more data-driven approach in decision making, forecasting and performance analytics. Its vendors, meanwhile, will have access to a more streamlined and integrated selling experience through the use of centralized, digital linesheets and catalogs. They will also be able to collaborate in real-time.

Despite the pandemic’s persistence, customers just kept buying. A dangerous combination was created: lower supply, higher demand. Now retailers find themselves racing to catch up.

Which retailer will win the holiday season? In the era of social distancing, the winner won’t necessarily be the store brand with the best Black Friday deals. In fact, this year, winners will be those that master “the last mile.”

Retail innovation is blazing, even in the midst of the craziest holiday season ever. Nike and Ugg both launched new store concepts this November, while 7‑Eleven and Foot Locker expanded concepts. RIS takes a look at each and gives you the lowdown on the innovation inside.