Press Release
Media Contact: Kevin Wilson, kwilson@kevinwilsonpr.com,
513.885.5520
FOR IMMEDIATE RELEASE
Columbus Consulting Renews Relationship
with American Eagle Outfitters
Company to help leading
lifestyle retailer better define business processes in order
to improve sales and inventory productivity, and reduce markdowns
COLUMBUS, Ohio – May 24, 2005
– Columbus Consulting, Inc., a leading retail merchandise
systems consulting firm, today announced that it has been
retained by American Eagle Outfitters (AE) to help the fashionable
retailer improve business processes relating to assortment
planning, allocation and replenishment. AE, with total annual
sales of more than $1.8 billion, currently operates 780 stores
in 49 states, the District of Columbia and Puerto Rico, and
70 stores in Canada.
“American Eagle Outfitters has been
one of the most successful retailers for the past couple of
years, and is definitely one of the leaders of the industry,”
said Rick Amari, president of Columbus Consulting, Inc. “Being
selected by a company with AE’s standing is strong endorsement
of our capabilities, and we look forward to working with the
AE team to implement processes that will help the company
continue its long-term growth strategy and vision of being
a dominant, multi-brand lifestyle retailer.”
The first phase of the AE project began in
the first quarter of 2005. In addition to helping identify
areas for improvement in assortment planning, allocation and
replenishment, Columbus Consulting will also assist AE in
the development of an RFI (Request for Information) for a
software vendor selection process. This marks the second engagement
with American Eagle Outfitters for Columbus Consulting. In
2001, AE hired Columbus to identify and implement business
process improvements for its product development, sourcing
and supply chain efforts.
“As a result of our past successful
experience with Columbus Consulting, we are comfortable with
bringing in Rick and his team to help us once again identify
areas of improvements in our business processes,” said
Jim Ford, vice president of planning and allocation for American
Eagle Outfitters. “In this very competitive retail marketplace,
it is important to stay on top of everything relating to merchandising
operations. Columbus offers us significant experience in retail
operations and technology that we intend to capitalize on
in order to streamline operations, improve merchandising processes
and maintain our growth.”
About American Eagle
American Eagle Outfitters (NASDAQ: AEOS) is a leading lifestyle
retailer that designs, markets, and sells its own brand of
casual, fashion-right clothing for 15 to 25 year-olds, providing
high-quality merchandise at affordable prices. AE's collection
includes modern basics like jeans, surplus, and graphic Ts
as well as a stylish assortment of cool accessories, outerwear,
footwear and swimwear.
American Eagle Outfitters currently operates
779 AE stores in 49 states, the District of Columbia and Puerto
Rico, and 70 AE stores in Canada. AE also operates via its
Web business, www.ae.com,
which offers additional sizes and styles of favorite AE merchandise.
About Columbus Consulting, Inc.
Founded by industry veteran Richard Amari in 2001, Columbus
Consulting, Inc. is comprised of a team of highly experienced
specialists in retail systems and processes. The company works
with many of the world’s largest and well-known retailers,
general merchandisers and apparel stores, including American
Eagle Outfitters, Ann Taylor, Big Lots, CVS Pharmacy, and
New York & Company . Columbus Consulting is called upon
to provide a variety of services, from managing short-term,
high-impact, executive-level advisory services on matters
of strategic importance relating to retail systems and processes,
to overseeing large, multi-disciplinary, multi-million dollar
projects, lasting more than a year. The company is based in
Columbus, Ohio. For more information on Columbus Consulting,
visit www.columbusconsultinginc.com.
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