Oracle

By Bill Davis, Director, MB&G Consulting

For much of the last year, traditional brick-and-mortar retailers have been mired in a slump. Not only was last holiday season the toughest in several years, the consumer discretionary sector, which includes retail, was the only one of the 10 macro S&P sectors to be in the red for the first half of 2014. As a result, retail is widely perceived to be in a funk.

Redwood City, Calif. -- Oracle Corp. announced it is opening a cloud development center in Seattle, its first such center outside of California. The company, which plans to hire about 100 engineers to start, said it chose Seattle to take advantage of the “deep expertise” in cloud computing available in the city’s rapidly growing technical community.

Redwood Shores, Calif. – Oracle Corp. has acquired Micros Systems, a provider of integrated retail and hospitality enterprise solutions, for $5.3 billion. This figure is 27-times Micros’ current earnings.

Micros offers on-premise and hosted cloud implementations of front- and back-office applications. Retail solutions include POS, e-commerce, CRM, merchandise planning and loss prevention.

CashStar, a digital gifting company, has named John Caron as chief marketing officer to lead all strategic corporate and product marketing efforts in support of the company’s aggressive growth plans.

Groupe Dynamite eases global expansion with new tech platform

Having the potential for growth that exceeds the capability of your existing systems is a good problem to have, but it is still a problem. Groupe Dynamite, a fast-fashion women’s apparel retailer based in Montreal, faced that very challenge in early 2010.

Washington, D.C. -- The Association for Retail Technology Standards (ARTS), a division of the National Retail Federation, is releasing its Change4Charity Standard. If adopted by point-of-sale vendors and donation processors, the standard will lower costs for retailers and support greater participation in charity programs by smaller retailers and non-profits.

Boston -- The single biggest challenge for retailers is to understand, empower and represent the digitally empowered consumer across all touch points, according to new research from Oracle.

Oracle Industry Connect starts today, and promises to bring retailers two full days of their peers providing in-depth insight into the latest trends and pain points facing retail technology professionals. The event, being held at the Marriott Copley Place, Boston, Mass., offers a stellar lineup of speakers, including Jeff Hamm, director of e-commerce at Ulta Beauty, who will speak about improving customer experience at home and on the go with Oracle Commerce. Paul McFarren, CIO of C Wonder, will discuss supporting global growth with a unique deployment of Oracle Retail Merchandising.

Redwood Shores, Calif. -- The Gymboree Corporation has selected Oracle Commerce to support its full range of international e-commerce sites for its Gymboree, Janie and Jack, and Crazy 8 brands.

In addition to Oracle Commerce, Gymboree also intends to implement Oracle WebLogic Suite.

Gymboree is looking to Oracle Commerce to support its full range of international e-commerce sites across all its brands, which include Gymboree, Janie and Jack, and Crazy 8.

Gymboree also plans to implement Oracle WebLogic Suite.