Crate & Barrel was looking for a new way to manage the in-store inventory throughout their retail stores.
- IPMax SR – Store Replenishment
- IPMax SA – Seasonal/Fashion Allocation
- IPMaxMD – Markdown
After a successful in-market pilot, Crate and Barrel rolled out 4R’s Profit Optimized Inventory for Replenishment items as well as Fashion/Seasonal Allocations and Markdowns.
- Improved store-level accuracy
- Significant improvement to the bottom line
Company: Multi-Channel Home Furnishings Retailer
Headquarters: Chicago, IL, USA
Description: Multi-channel home furnishings retailer Crate and Barrel was founded in Chicago in 1962 by retailing pioneers Gordon and Carole Segal. Working directly with European ateliers and factories to import their products, Crate and Barrel was among the first to make contemporary tabletop and kitchenware designs affordable to American consumers. Today, Crate and Barrel is an industry leader, known for exclusive housewares and furniture designs, excellent value and superb customer service.
In addition to a thriving direct marketing division, the company operates stores in most major North American markets, including Toronto and Calgary. In early 2010, Crate and Barrel partnered with franchisee Al Tayer Group to open the company’s first overseas stores in Dubai. Currently under the leadership of CEO Sascha Bopp, the Crate and Barrel family of brands includes its more modern off-shoot, CB2, and children’s home furnishings retailer, The Land of Nod. Crate and Barrel is a privately held company owned by the Otto Group of Hamburg, Germany.
“4R has been absolutely terrific for Crate and Barrel and has been responsible for significant improvement in our bottom line”
—Gordon Segal, Chairperson and Founder of Crate and Barrel