Peek & Cloppenburg Düsseldorf Modernizes its Retail Operations with Oracle Cloud

Rhea-AI Summary

Peek & Cloppenburg Düsseldorf, a historic German fashion retailer operating 160 stores across 16 European countries, has chosen Oracle retail and finance cloud applications to modernize its operations. The implementation aims to streamline inventory management, reduce costs, and support business growth.

The company will implement various applications from the Oracle Retail Suite along with Oracle Fusion Cloud Applications for finance and warehouse management. This centralized approach is designed to provide better operational efficiency and faster cross-functional insights for business decisions.

The modernization effort will replace legacy systems with a platform offering improved flexibility and scalability, enabling better management of both private label and name-brand merchandise while focusing on margin growth and operational efficiencies.

Positive

• Implementation of modern cloud-based retail and finance solutions to replace legacy systems
• Expected reduction in operational costs and improved efficiency
• Enhanced inventory management capabilities for better margin control
• Centralized platform for improved business decision-making

Negative

• None.

Insights

Enterprise Technology Analyst

This enterprise deal with Peek & Cloppenburg, a major European retailer with 160 stores across 16 countries, represents a strategic win for Oracle in the competitive retail technology sector. The comprehensive nature of the implementation - encompassing retail merchandise management, ERP, finance and warehouse management solutions - suggests a multi-million dollar, multi-year contract that will contribute significantly to Oracle's recurring revenue stream.

The deal's significance extends beyond immediate revenue implications. It strengthens Oracle's position in the European retail market, particularly in the DACH region (Germany, Austria, Switzerland), where SAP has traditionally dominated. By securing a prestigious, century-old retail brand, Oracle demonstrates its ability to win major digital transformation projects against established competitors.

The implementation's scope is particularly noteworthy as it includes:

• Oracle Retail Suite for merchandise management
• Oracle Fusion Cloud Applications for finance
• Warehouse management solutions

This integrated approach positions Oracle to capture a larger share of the retail technology modernization wave, as legacy retailers increasingly seek to transform their operations. The deal could serve as a reference case for similar large-scale retail transformations in Europe, potentially catalyzing additional contract wins in the sector.

German retailer looks to Oracle's retail merchandise and cloud ERP offerings to increase productivity, reduce costs, simplify its operations, and foster growth

AUSTIN, Texas and DUSSELDORF, Germany, Feb. 3, 2025 /PRNewswire/ -- Peek & Cloppenburg¹, a family-owned fashion retailer renowned for its presence on the German high street since 1901, has selected Oracle retail and finance cloud applications to streamline its operations and optimize inventory management across its global footprint. The iconic department store chain operates 160 stores across 16 European countries, reaching millions of customers annually. With the Oracle Cloud solutions, the brand will be able to reduce costs, simplify its operations, and grow its business while better supporting the needs of its customers.

"Replacing our legacy systems with a modern platform will give us the flexibility and scalability we need to adapt to a rapidly changing industry," said Kristian Hertel, Director Global IT, Peek & Cloppenburg. "With best-in-class Oracle Cloud ERP and retail solutions we can better manage inventory for our private label and name-brand merchandise while gaining operational efficiencies and growing margins."

In collaboration with Retail Consult, the brand will implement several applications in the Oracle Retail Suite. The brand will also deploy Oracle Fusion Cloud Applications for finance and warehouse management. The Oracle solutions will provide a centralized approach that can help the brand streamline its processes, boost efficiency, and deliver cross functional insights faster to support critical business decisions. 

"I have had the honor of experiencing Peek & Cloppenburg's legendary quality and store service and admire its unwavering commitment to excellence that has spanned over a century," said Alex Alt, executive vice president and general manager, Oracle Consumer Industries. "With Oracle's modern, connected platform, Peek & Cloppenburg will have the agility to innovate across its organization and gain the data visibility and intelligence to make more informed business decisions, optimize inventory, and continue to deliver the products and personalized touch customers have come to expect."

To see these solutions in action, join Oracle at EuroCIS February 18-20^th in Düsseldorf, Germany Hall 10/Booth C42. Learn more at: https://engage.oracle.com/oracleateurocis?token=3f6f3aace8.

1.      *There are two independent companies Peek & Cloppenburg with their headquarters in Düsseldorf and Hamburg. This information refers to Peek & Cloppenburg B.V. & Co. KG, Düsseldorf, whose store locations can be found at http://www.peek-cloppenburg.de/de/stores. 

About Peek & Cloppenburg
The Peek & Cloppenburg Group, with headquarters in Düsseldorf and Vienna, is one of the largest multi-brand fashion retailers in Europe. Accessible via five online shops and centrally located in over 160 stores, P&C is an omnichannel provider that offers customers a personalized shopping experience with a selection of curated fashion trends, including premium labels, trendy young brands and innovative exclusive brands. Today, around 16,000 employees work for the Group in 16 countries. In addition to P&C, the Group also includes the menswear outfitter ANSON'S and Magasin du Nord.

About Retail Consult
Retail Consult is a group of professionals specializing in technology solutions for retail, offering clients a global perspective and experience with operations in Europe, Asia, North, South, and Central America. Retail Consult provides solutions strategy, implementation, deployment, training, and support services. They serve clients across a range of retail segments including fashion, grocery, pharmacy, do-it-yourself, telecommunications, and electronics. In size, their clients range from regional, privately held companies to global retailers deploying multiple brands. Retail Consult is unique because they have an extremely high success rate for implementing Oracle Retail Solutions. Their values and mission drive them to be a strategic partner to all clients.

About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit oracle.com.

Trademarks
Oracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing.

 

 

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SOURCE Oracle

FAQ

What Oracle cloud solutions is Peek & Cloppenburg implementing and how will it affect ORCL?

Peek & Cloppenburg is implementing Oracle Retail Suite and Oracle Fusion Cloud Applications for finance and warehouse management, strengthening Oracle's presence in the European retail sector.

How many stores will benefit from Oracle's retail cloud solution implementation?

The implementation will benefit 160 Peek & Cloppenburg stores across 16 European countries.

What are the main benefits expected from Peek & Cloppenburg's Oracle cloud implementation?

The implementation is expected to reduce costs, streamline operations, improve inventory management, boost efficiency, and provide faster cross-functional insights for business decisions.

When will Oracle showcase these retail solutions at EuroCIS 2025?

Oracle will showcase these solutions at EuroCIS from February 18-20th, 2025, in Düsseldorf, Germany, at Hall 10/Booth C42.