In line with its strategy to become the worldwide leader of Integrated Retail Planning solutions TXT has acquired Maple Lake on September 2012.
Founded in 2001, Maple Lake is a leading vendor of Assortment Planning and Allocation solutions for Specialty Retailers with Headquarters in Toronto, Canada, and offices in the UK and Australia.
The acquisition further extends TXT’s global reach, expanding its practice of Merchandise Planning experts and benefitting its offer from advanced assortment planning and allocation functionalities available in the Maple Lake suite of products.
The combined entity offers to its clients:
- Global Coverage: with a strong presence in North America, Europe and Australia and a partner network to serve the rest of the world.
- Leading Retail Planning Consulting Practice: the combined team is expected to be the largest in terms of dedicated retail planning consultants, with a unique combination of real life business process knowledge and experience as well as advanced technical skills.
- Advanced Retail Planning Solution: The TXT Retail Planning solution, already considered a worldwide best in class retail planning solution by customers and industry analysts, is further improved, leveraging the advanced assortment planning and allocation capabilities available in the Maple Lake solution.
Maple Lake brings to the combined company approximately 50 new, large retail customers including: Aeropostale, Arcadia Group, Barneys New York, Columbia, Levi Strauss &Co. and Steve Madden.
All Maple Lake products will continue to be commercially available, maintained and rapidly integrated into the TXT platform.