Retail technology solution company Aptos, Inc. just announced that it has completed its acquisition of TXT Retail, global provide of merchandise lifecycle management (MLM) solutions for apparel and luxury goods. Announced on October 3, the company will now be known as TXT Retail, an Aptos company.
The acquisition now allows for both Aptos and TXT Retail to integrate their programs in order to best serve customers. By bringing the two companies together, retailers can now efficiently control their merchandise, customer, and order lifecycles. "By removing the barriers that typically exist in managing customers, products and orders, Aptos will empower retailers to transform their businesses for omni-channel success, loyalty and profitability," said Noel Goggin, Aptos chief executive officer. "The enhanced solution footprint allows retailers to deliver localized assortments, personalized offers, fulfillment flexibility and seamless experiences no matter when, where or how shoppers choose to engage. Equally important, it allows retailers to achieve this profitably as shopper expectations continue to evolve."
The combined organization after the acquisition brings the company to serve more than 1,000 retail brands on a global scale. These brands span throughout 60 countries total. These brands include Billabong, Adidas, Cole Haan, Guess, Lacoste, Louis Vuitton, Urban Outfitters, and more.