DURHAM, N.C.: Sizeo, a Durham-based AI inventory optimization software company, is proud to announce the completion of its successful implementation for JCPenney, the shopping destination for America’s diverse, working families and part of the Catalyst Brands portfolio.

Beginning in February and made live this summer, Sizeo worked in collaboration with JCPenney’s Information Technology and Business team to fully implement the complete Sizeo offering for Size and Pack Optimization ahead of schedule.

The implementation of Sizeo allows JCPenney merchandising and planning teams to leverage the power of AI to better optimize buying and planning decision across their business. In addition to delivering best-in-class optimization results through a variety of advanced AI proprietary techniques, Sizeo also automates the execution of decisions across a variety of planning tasks – helping the JCPenney teams focus more on value added-tasks and less on manual processes.

JCPenney selected Sizeo based upon its deep domain expertise, completeness of solution, and ability to quickly deliver value for the business.

Sizeo’s partnership with JCPenney marks an expansion of work within the Catalyst Brands portfolio, as Sizeo has been working with Nautica, Aeropostale, and Lucky Brand since 2022. The company has been able to consistently demonstrate the ability to drive incremental revenue and increase merchandise margins, while simplifying business operations.

Sizeo’s customers utilize the solution to automate the execution of key buying and planning decisions, drive top and bottom-line growth, and improve customer experience.

Benefits of Sizeo’s solution include:

• Best-in-class size profile analytics to support smarter buying and allocation at the style + size + location level.
• Smart store indexing to enhance localized inventory decisions and ensure customers can find the right size, in the right store, at the right time.
• Pack Optimization tunes configurations down to the store level, so the right sizes arrive in the right quantities and teams handle fewer units in the distribution center.
• Modern, scalable architecture that integrates seamlessly into existing planning, buying, and allocation workflows.

“We're pleased to expand our relationship with Sizeo as part of our ongoing efforts to modernize merchandising and planning capabilities across the business,” said Lauren Tessaro, Senior Vice President, Merchandise Strategy & Operations, P&A, Pricing at JCPenney. “Sizeo’s deep retail expertise and collaborative approach helps us deliver on our mission to give customers the best experience while continuously improving how we operate. We appreciate Sizeo's collaboration throughout the implementation and look forward to the value this solution will bring across our business.”

“We’re thrilled to partner with JCPenney and continue to build on our relationship with Catalyst Brands,” said Gray King, CEO of Sizeo. “JCPenney is an iconic American retailer, and we are excited to be part of the continued transformation of their business. We share a deep appreciation for the JCPenney team and their dedication to delivering for customers, so are excited that Sizeo can be a part of their efforts to leverage advance technologies in a way that drives business results and improves the customer experience.

“JCPenney’s size and complexity across the entire breadth of merchandise categories shows the ability of Sizeo to deliver results at any scale and I’m really proud of the Sizeo team for delivering a successful implementation ahead of schedule. We have enjoyed working with the JCPenney and Catalyst Brands teams and look forward to continuing to work on delivering for their teams and customers,” said King.

About JCPenney

JCPenney, part of Catalyst Brands, is the shopping destination for America’s diverse, working families. With inclusivity at its core, the Company’s product assortment meets customers’ everyday needs and helps them commemorate every special occasion with style, quality and value. JCPenney offers a broad portfolio of fashion, apparel, home, beauty and jewelry from national and private brands and provides personal services including salon, portrait and optical. The Company and its 50,000 associates worldwide serve customers where, when and how they want to shop – from jcp.com to nearly 650 stores in the U.S. and Puerto Rico.

In 2022, JCPenney celebrated 120 years as an iconic American brand by continuing its legacy of connecting with customers through shopping and community engagement. Please visit JCPenney’s Newsroom to learn more and follow JCPenney on Facebook, Instagram, and Twitter.

About Sizeo

Sizeo is a leading AI buying and planning solution for enterprise brands and retailers. Sizeo specializes in helping buying and planning teams make better merchandising decisions and automates the execution of those strategies. Built for apparel and footwear companies, Sizeo helps brands and retailers drive revenue, increase margins, and improve customer satisfaction. Sizeo’s advance AI solutions deliver fast time-to-value and proven ROI.

Fonte: Business Wire