Market Overview

Holt Renfrew Selects JOOR's Industry-Leading Retail Buying Technology, 25th Exclusive Retailer Partnership for Wholesale Digital Data Exchange and Marketplace

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With the addition of Canada's top luxury retailer, JOOR extends its global dominance and industry leadership position, significantly increasing benefits to brands in their marketplace

NEW YORK (PRWEB) September 04, 2018

Announced today, top Canadian luxury retailer, Holt, Renfrew & Co.Limited, has selected JOOR, the world's leading digital wholesale marketplace and data exchange, as the retailer's exclusive wholesale buying platform. Holt Renfrew is JOOR's first exclusive retail partner headquartered in Canada, and is now one of 25 exclusive retailer partnerships which includes other global retail leaders like Neiman Marcus, Bergdorf Goodman, Harrods and Printemps and represents over $22 billion in retail revenue for the industry.

Holt Renfrew selected JOOR to transform its merchandise buying and brand partner experience by enhancing purchase order-writing and assortment planning. The JOOR Retailer Platform, consisting of an iPad and web experience, is a "by buyers, for buyers" mobile-first system that revolutionizes wholesale buying by digitizing processes from start to finish. Buyers can quickly view all of their brands' complete collections, easily create merchandised looks, plan assortments and then simply click to make smarter buys, all in one single digital hub. Following the full roll-out in October, every order made by Holt Renfrew buyers will be completed using JOOR.

JOOR's leading technology also benefits brands -- increasingly so when more retail leaders like Holt Renfrew join JOOR's Retailer Platform. The JOOR Brand Platform is the industry-standard software that transforms inefficient and error-prone processes of wholesale selling and exchanging data with retail customers. Brands on the JOOR network that work with Holt Renfrew, such as Balenciaga, Stella McCartney, and Proenza Schouler will gain a competitive advantage by having their collections viewed first by Holt Renfrew buyers and will benefit from more productive purchase planning meetings and even faster order confirmations. On JOOR's iPad application and web platform, brands can view all of their retailers, efficiently manage and confirm orders with live inventory visibility, and gain real-time sales insights all in one single digital hub.

"JOOR offers us the ability to exchange data with our vendor partners faster, offering Holt Renfrew a great advantage in today's dynamic retail world," said Robert Zeidel, Chief Operating Officer, Holt Renfrew. "Implementing JOOR has made the buying process more efficient, ultimately shortening appointment times, enabling us to strengthen our relationships with our valued vendor partners."

"As the industry leader, we fully understand the manual and time-and-people intensive pain points that brands and retailers experience in exchanging wholesale data and transacting every day," says Kristin Savilia, CEO, JOOR. "JOOR is the industry data exchange where all brand sellers and retail buyers can connect for faster, easier and smarter transactions. We are thrilled to be working with an influential and forward-thinking retailer like Holt Renfrew to continue to transform wholesale across North America and the globe."

About JOOR
JOOR is wholesale's leading digital data exchange and marketplace, connecting the best brands and top retailers for faster, easier, and smarter business. The only platform serving the needs of both buyers and sellers, JOOR helps more than 8,600 brands and 190,000 retail locations to rid themselves of manual processes and grow their businesses through more efficient and impactful order processing, assortment planning, and analytics. JOOR is headquartered in New York City and has offices in Los Angeles, Philadelphia, Paris, London, Milan, Madrid and Melbourne. For more information, visit http://www.jooraccess.com.

For the original version on PRWeb visit: https://www.prweb.com/releases/holt_renfrew_selects_joors_industry_leading_retail_buying_technology_25th_exclusive_retailer_partnership_for_wholesale_digital_data_exchange_and_marketplace/prweb15731420.htm

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