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Famous Footwear said it had completed a rollout of Oracle Retail Price Optimization to more than 980 stores, with the goal of increasing its inventory turns. Charlotte Russe took a different approach and said it had successfully completed a pilot of an optimization service from Apex Decisions with good results. "Apex delivered a very tangible financial impact on our sales and gross margin during our pilot, and we're formulating plans to move forward," Ed Wong, Charlotte Russe executive vice president and chief supply chain officer, said in a statement

"Better in-season management presents a significant opportunity for us to provide customers with the best value in fashion merchandise, while increasing our profitability," says Steve Fritz, President of VF Outlet. "We were impressed with the ability of the application to help make our operations more profitable."

"The trial was conducted scientifically and was controlled to manage our risks and exposure," says Roger Spatz, Chief Financial Officer at VF Outlet. "We were happily surprised by the fact that our financials demonstrated a 4.9 percent improvement in dollar sales while achieving a 28.9 percent improvement in gross margins, an extremely compelling story."

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