15 May 2024
itim Group
plc
("itim"
or "the Company" and together with its subsidiaries "the
Group")
Five year contract renewal
with Majestic Wine
itim Group plc, a SaaS based
technology company that enables store-based retailers to
optimise their businesses to improve financial performance, is
pleased to announce that it has signed a five year
multi-million-pound contract renewal with Majestic Wine, the
UKs largest specialist retailer with over 200
stores.
The subscription renewal for itim's
UNIFY platform supports retail, B2B and direct to consumer sales
covering processes such as EPOS, e-commerce, PIM, stock
management, merchandising, supplier management, pricing and
promotions, customer order management, customer management, B2B
customer accounts and website & business intelligence.
UNIFY provides a single view of customer, product and real
time stock across all channels.
John Colley, CEO Majestic Wine,
commented:
"In 2021, Majestic selected itim's UNIFY platform as its
technology partner. Together we have turned Majestic
into what we believe to be one of U.K.'s leading Omni channel
retailers. I am pleased to extend this partnership to cover
Majestic's next five year digital journey."
Ali Athar, CEO itim Group plc,
commented:
"We are delighted to be continuing our relationship with such
a prestigious retail brand. This five year renewal is an
endorsement of Majestic's confidence in our UNIFY platform which
seeks to help retailers achieve omni-channel excellence by driving
sales and profitability by putting 'the customer' at the heart of
Majestic's unified retail business model."
This is in line with management
expectations for the current financial year.
Enquiries:
|
Itim Group plc
|
Ali Athar, CEO
Ian Hayes CFO
|
0207 598
7700
|
|
WH
Ireland (NOMAD & Broker)
|
Katy Mitchell
Harry Ansell
Darshan Patel
|
0207 220
1666
|
|
IFC
Advisory
|
Graham Herring
Florence Chandler
|
0207 3934
6630
|
This announcement contains
inside information for the purposes of Article 7 of the UK version
of Regulation (EU) No 596/2014 which is part of UK law by virtue of
the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon
the publication of this announcement via a Regulatory Information
Service, this inside information is now considered to be in the
public domain.
ABOUT
ITIM
itim was established in 1993 by its
founder, and current Chief Executive Officer, Ali Athar. itim was
initially formed as a consulting business, helping retailers effect
operational improvement. From 1999 the Company began to expand into
the provision of proprietary software solutions and by 2004 the
Company was focused exclusively on digital technology. itim has
grown both organically and through a series of acquisitions of
small, legacy retail software systems and associated applications
which itim has redeveloped to create a fully integrated end to end
Omni-channel platform.