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Rue21 taps Maple Lade for assortment planning
Warrendale, Pa. -- Rue21 has begun to implement assortment planning software from Maple Lake Ltd. The technology has the potential to reduce markdowns and increase profitability by allowing the company to constantly monitor and assort the newest trends for girls and guys between its store locations, Maple Lake said.
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Roundy’s files IPO
New York City -- Roundy's Supermarkets Inc., which operates 158 supermarkets under several banners in three states, expects to raise $230 million through an initial public stock offering.
The Milwaukee-based Roundy's is currently owned by Chicago private equity firm Willis Stein & Partners. The number of shares to be offered and the price have not yet been determined.