Lawson inks multi-suite pact with Bed Bath & Beyond
11 Apr '06
2 min read
Bed Bath & Beyond Inc has licensed Lawson Software's Financials and Procurement suites to enhance its financial reporting capabilities, streamline purchasing processes and support long-term growth.
The national retailer licensed the applications in Lawson's third quarter of fiscal year 2006, which ended Feb. 28th 2006.
Bed Bath & Beyond is a nationwide chain of more than 742 superstores, selling a combination of better quality domestics merchandise, home furnishings, giftware and health and beauty care items. The retailer employs 33,000 people and has annual revenues of $5.81 billion.
Michelle Schooff, industry Marketing Director - Retail, Lawson Software, said, "Faced with evolving regulatory requirements, tight margins and intense competition, retailers must minimize operational costs to sustain profitability."
"Our comprehensive product offering helps retailers take greater control of their business processes so they can make better-informed business decisions and adapt quickly," he said.
Lawson's industry-focused software solutions help retailers manage the systems they use to run and grow their businesses. Lawson customers include five of the top 10 U.S.-based retailers, eight of the top 20 apparel retailers, seven of the top 25 grocery chains, 23 of the top 100 restaurant chains and 20 of the top 100 specialty chains.
Lawson Software provides business application software and consulting services to services organizations in the healthcare, retail, government and education, banking and insurance and other markets.