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Title Nine, the women’s adventure and outdoor apparel retailer, reduces returns by 18% with Newmine’s Chief Returns Officer®

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SOUTHBOROUGH, Mass., June 7, 2022 /PRNewswire/ — Newmine, a leader in returns reduction and returns intelligence technology, announced today that Title Nine reduced their returns by an aggregate 18% from 2019-2021, thanks to data and insights from Newmine’s Chief Returns Officer®. As an early adopter of the AI-based SaaS solution aimed at helping retailers of all kinds address the growing problem of returns, Title Nine has seen significant results, driving lower return rates in 90% of product categories.

 

A recent Consumer Trends study revealed that retail saw a 57% increase in returns in 2021, up to 16.6% from 10.6% in 2020. This exponential increase in returns has impacted retailers worldwide and in all areas of the supply chain. The effects have been compounded by the surge in e-commerce during the pandemic and the overall increase in sales in 2021. The digital transformation has been key to retailers’ success throughout the pandemic; the adoption of new technologies and processes to support digital expansion is critical to achieving results in complex business environments. “Returns are really the most expensive and time-consuming element of the entire life cycle of product and retail,” says Chrissy Ginieczki, COO at Title Nine.  “If you’re interested in profitability, returns reduction needs to be a top priority.”

While the industry at large saw a spike in both sales and returns in recent years, Title Nine managed to increase sales while concurrently reducing returns across 90% of product categories, making the results even more significant. “The Chief Returns Officer tool created by Newmine should really be called “Chief Profit Officer” because it can be utilized in so many more ways than just returns,” says Title Nine President, Johnny Lin. “I know “game-changing” tools are touted all the time, but this one is the real deal.”

“As an early adopter of Chief Returns Officer, Title Nine really embodies their own value and mindset of innovation,” says Navjit Bhasin, CEO and Founder of Newmine. “At a time when few retailers were talking meaningfully about reducing returns, they saw the opportunity to be on the leading edge of innovation and we’re proud to have helped them achieve incredible results.”

Newmine’s Chief Returns Officer® is a retail intelligence platform focused on solving retail’s most persistent business challenge: merchandise returns. Through proactively analyzing and identifying the root cause of returns, Chief Returns Officer empowers retailers in-season to address upstream issues that cause returns. Machine learning, prescriptive actions, and workflow collaboration make what was once impossible, easy.

Read the full case study to learn more about Title Nine’s success in reducing returns.

About Newmine

Newmine’s Chief Returns Officer® is a retail intelligence platform purpose-built for returns prevention. It helps retailers identify the root cause of returns, take remedial action through prescriptive recommendations, and scorecard key processes for greater operational control.

Leading retailers and brands use Newmine’s Chief Returns Officer to protect revenue, boost profitability, enhance customer experience, and improve sustainability. Visit www.newmine.com for more information.

About Title Nine

Title Nine was founded in 1989 as a women’s outdoor performance wear company whose goal is to outfit and inspire women to take risks, lead in their communities, and seek their own adventures. Today, the woman-owned company employs over 300 people and has 17 stores in 8 states, and online at titlenine.com. Selling a range of top brands curated for active women who are on-the-go, the brand has increasingly devoted much of its collections to its own brand creations ranging from swimwear to performance dresses. The company advocates forcefully for women’s issues, including creating Pitchfest Outdoor Edition, the yearly event that partners with small, women-owned brands to find a voice — and a sales platform and Pitchfest Nonprofit Edition, an annual gathering of women leaders in the nonprofit sector.

CONTACT: Jennifer Gorlin, jgorlin@newmine.com

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/title-nine-the-womens-adventure-and-outdoor-apparel-retailer-reduces-returns-by-18-with-newmines-chief-returns-officer-301562149.html

SOURCE Newmine

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Connecticut-Based Operational Solutions Software Provider Lands a Technology Contract for the Texas Department of Information Resources

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November 21, 2024

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Veoci, a national leader in digitizing and optimizing government procedures, brings its substantial expertise to the Lone Star State.

NEW HAVEN, Conn., Nov. 21, 2024 /PRNewswire-PRWeb/ — This week, Connecticut-based company Veoci announced that it has been awarded a contract by the Texas Department of Information Resources (DIR) to offer technology to state and local governments through DIR’s Cooperative Contracts Program.

Adding our tools to DIR’s arsenal isn’t just a win for Veoci, but for government workers across Texas, one of America’s busiest states.

In receiving DIR contract #DIR-CPO-5533, Veoci, will make its services available to Texas’ state and local government bodies. As a result, community leaders there will have access to a no-code, cloud-based software platform empowering them to streamline emergency response, gain continuity in operations planning, manage critical events across multiple locations with agility, centralize inspection and incident reporting, and more.

“Adding our tools to DIR’s arsenal isn’t just a win for Veoci, but for government workers across Texas, one of America’s busiest states,” said Chris Ford, VP of Sales & Partnerships at Veoci. “Nationwide, we are a proven provider for cities, counties, state agencies, school systems, and healthcare institutions thanks to our always-on, customizable tools. Thanks to our DIR contract, even more organizations across the Lone Star State can easily access the operational benefits we provide.

With our ability to stand up centralized reporting and databases, improve situational awareness through real-time communications, and refine operations through after-action reporting and evaluations, we are one of the best tools DIR customers can adopt to enhance their emergency response capabilities.”

To learn more about Veoci’s partnership with DIR and how its operational software can improve your community, contact Mark Demski or visit www.veoci.com.

About Veoci

Veoci is a no-code, cloud platform for Crisis, Incident, and Emergency Management, Business Continuity and Resilience, Continuity of Operations Planning, Team Collaboration, and Daily Operations, designed to meet the decision-making and communication requirements of multiple teams at many locations. With stringent security, highest availability, and quickly scalable performance, Veoci is designed for institutions and organizations of every size and complexity.

Media Contact

Mark Demski, Veoci, 1 475-244-9629, mark.demski@veoci.com, www.veoci.com

View original content:https://www.prweb.com/releases/connecticut-based-operational-solutions-software-provider-lands-a-technology-contract-for-the-texas-department-of-information-resources-302313140.html

SOURCE Veoci

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Draper to Develop an Advanced, Multi-Organ, Microphysiological System Architecture

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November 21, 2024

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Draper’s ETHOS program will create a scalable microphysiological system (MPS) architecture consisting of interacting advanced immune-competent micro-organ (liver, lung, kidney) models, which will be used to predict disease/injury response in the body and medical countermeasure response.

CAMBRIDGE, Mass., Nov. 21, 2024 /PRNewswire-PRWeb/ — The field of microphysiological systems has continued to evolve during the past 20 years, doing so in response to the tremendous challenges facing pharmaceutical development and national biodefense initiatives. This includes the high cost, lack of availability and limited human clinical relevance of animal models.

Draper looks forward to advancing these MPS-based capabilities for DTRA and their U.S. government partners in order to protect the warfighter against high-priority threats and accelerate our response to future threats.

Draper is responding to these national security challenges and announces the $34.1 million award of the Evaluation of Treatments using High-throughput Multi-Organ Systems (ETHOS) program.

The Defense Threat Reduction Agency (DTRA), Joint Science and Technology Office (JSTO), Vaccines/Therapeutics Division (CBM) is the government sponsor for this program.

DTRA’s Research and Development Directorate provides science, technology and capability development investments that maintain the U.S. military’s technological superiority in countering weapons of mass destruction and emerging threats, mitigate the risks of technical surprise and respond to the warfighters’ urgent technical requirements. (Sources: https://www.dtra.mil/About/Mission/Research-and-Development/, https://www.dtra.mil/Portals/125/Documents/CB/DTRA-JSTO_E-book_PDF.pdf)

The overall objectives of the ETHOS program are to create a scalable microphysiological system architecture that consists of interacting immune-competent micro-organ (lung, liver, kidney) models to predict the body’s disease response and test medical countermeasure (MCM) responses.

Draper’s advanced models will include parenchymal, vascular and innate immune components to capture a broad range of biological responses. The technical approach will be to create a new multi-organ platform to understand disease progression of high-priority BSL-3 agents and determine the safety and efficacy of MCM treatments.

“Draper looks forward to advancing these MPS-based capabilities for DTRA and their U.S. government partners in order to protect the warfighter against high-priority threats and accelerate our response to future threats,” said Roger Odegard, the Draper ETHOS program manager.

DTRA has recognized that significant research and development in the MPS technology area will improve the state-of-the-art capability to analyze the pathogenesis of disease and injuries that result from exposure to high-priority pathogens and toxins.

Additionally, next-generation MPS technologies and systems will be critical in the evaluation of efficacious and safe medical countermeasures (MCM) to combat these threats and allow the military to be equipped to meet its mission. This will include investigating and characterizing the mechanisms of infection/inflammation/tissue damage across relevant population demographics (e.g., military age, sex, co-morbidities and previous exposure) and under varying conditions (e.g., exposure levels, drug doses and time scales) for a variety of threats. These technology innovations represent a state-of-the-art tool for pharmaceutical solutions that has the potential to significantly accelerate the process of evaluating effective and safe MCMs for emerging, naturally or engineered threats.

This project has been funded in whole or in part with federal funds from the Department of Defense (DoD); The Defense Threat Reduction Agency (DTRA); Joint Science and Technology Office (JSTO), Vaccines/Therapeutics Division (CBM) through the Medical CBRN Defense Consortium (MCDC) Agreement No. MCDC2201-003.

Draper

Draper is an independent, nonprofit research and development company headquartered in Cambridge, Mass. with campuses located across the United States. The 2,300 employees of Draper tackle important national challenges with a promise of delivering successful and usable solutions. From military defense and space exploration to biotechnology, lives often depend on the solutions we provide. Our multidisciplinary teams of engineers and scientists work in a collaborative environment that inspires the cross fertilization of ideas necessary for true innovation. For more information about Draper, visit www.draper.com.

Media Contact

Scott Deitz, Draper, 1 336-908-7759, scott@sevenletter.com, Draper.com

View original content to download multimedia:https://www.prweb.com/releases/draper-to-develop-an-advanced-multi-organ-microphysiological-system-architecture-302313153.html

SOURCE Draper

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OhWaiter and Stellar Menus Announce a Strategic Merger to Form MilesCX, Revolutionizing Hospitality with AI-Driven Solutions

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November 21, 2024

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OhWaiter and Stellar Menus have joined forces to create MilesCX, a groundbreaking company redefining hospitality with AI-driven solutions that enhance guest experiences, optimize operations, and boost revenue. With cutting-edge tools like AI-powered guest communications and dynamic menus, MilesCX is empowering prestigious properties to deliver seamless, personalized service and stay ahead in a competitive market.

LOS ANGELES, Nov. 21, 2024 /PRNewswire-PRWeb/ — OhWaiter and Stellar Menus, leading innovators in hospitality technology, have merged to form Miles Customer Experience (MilesCX), a company dedicated to transforming the hospitality industry through AI-driven solutions. By uniting Stellar Menus’ product expertise with OhWaiter’s strategic growth initiatives, MilesCX is poised to meet the evolving needs of hotels, private clubs, and golf courses.

“This merger unites innovation and expertise to deliver AI-driven solutions that transform guest experiences and drive growth,” said Steven Latasa-Nicks, CEO of MilesCX. “In today’s labor market, we help businesses exceed guest expectations, boost efficiency, and ease the burden on staff.”

MilesCX will deliver intelligent guest communications, business intelligence tools, dynamic menus, and AI-powered upselling, enabling hospitality leaders to enhance guest experiences, increase sales, and streamline operations.

“This merger allows us to combine our strengths and deliver a truly unique product that will redefine guest experiences in the hospitality industry,” said Steven Latasa-Nicks, CEO of MilesCX and Stellar Menus. “Our AI-driven platform will empower hotels and clubs to offer seamless, personalized service while optimizing their operations and reducing costs.”

Notable early adopters of the MilesCX platform include prestigious properties such as the Los Angeles Athletic Club (managed by Crescent Hotels & Resorts), The Chamberlain (operated by Springboard Hospitality), and Hotel Indigo (under StepStone Hospitality). These clients are leveraging AI-driven guest communications and personalized service to enhance satisfaction and streamline operations.

“With this merger, we’re not just expanding our product portfolio—we’re expanding the possibilities for our clients,” said Jonathan Chu, CEO of OhWaiter. “Our AI-powered solutions, combined with dynamic customer engagement tools, will help hospitality businesses increase revenue, reduce the cost of service delivery, and stay ahead of the competition.”

MilesCX will focus on proving market fit over the coming months, aiming to grow its client base and Annual Recurring Revenue (ARR). Leveraging the strengths of both companies, MilesCX is confident in its ability to capture new opportunities in the hospitality sector.

About MilesCX:

Miles Customer Experience (MilesCX) is a pioneering company at the forefront of AI-driven hospitality solutions. Formed through the merger of Stellar Menus and OhWaiter, MilesCX offers advanced tools that enhance guest communication, streamline operations, and boost sales through personalized, AI-powered recommendations. MilesCX is dedicated to empowering hospitality businesses, including hotels, clubs, and restaurants, to deliver exceptional service while optimizing efficiency and driving growth.

Media Contact

AJ Vernet, MilesCX, 1 213-898-2730, aj@milescx.com, https://milescx.com

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View original content:https://www.prweb.com/releases/ohwaiter-and-stellar-menus-announce-a-strategic-merger-to-form-milescx-revolutionizing-hospitality-with-ai-driven-solutions-302313129.html

SOURCE MilesCX

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