Software solutions provider Mi9 Retail said it grew its workforce by 65 percent this past year and “has increased its physical space to accommodate this growing workforce.” The Miami-based company expects to employ over 100 people by 2017.
The company’s clients include Talbots, Century 21, Barneys New York, Versace and Alice + Olivia, among others. The software solutions firm began operations in Miami in 2014 and is among the fastest-growing service providers in the industry.
Mi9 Retail said today that it is “actively recruiting new candidates in all areas of the business.” Neil Moses, chief executive officer, said the Miami area “is attractive to a rapidly growing company like ours. We have been successful in recruiting people who have cutting-edge technical skills and retail experience, and who want to grow their career by working in a high-growth, entrepreneurial environment.”
Mi9 Retail is one of several hundred service providers that will be at this year’s National Retail Federation’s “Big Show” at the Jacob K. Javits Convention Center in New York, Jan. 15 to 17.
The company specializes in consumer-centric solutions for the retail industry, which is key for brands and retailers pursuing omnichannel strategies. Mi9 Retail tailors its solutions to several verticals including department stores, apparel retailers, footwear and beauty, among others. For apparel retailers, the solutions offered include stores operations, point of sale (including mobile), clienteling and merchandise management, among others. The firm also provides retail analytics, which has helped grow the firm’s customer base to over 300 companies.
In a case study about Barneys New York, the firm worked with the retailer several years ago to address one key objective: “to grow the business without increasing staff,” the tech firm said.
“[Barneys New York] needed to replace inefficiencies and redundancies with automation and control,” the software firm said, adding that the retailer selected Mi9 Merchant, Mi9 BI & Data Warehouse and Mi9 Foundation to track “improvements in reporting, data management and productivity.”
In the case study, the software provider said Barneys New York realized strategic benefits that included having store performance data in real time versus days later as well as system updates that were down 70 percent faster. Other benefits included greater inventory visibility and a streamlined merchandising and reporting systems.
The operational benefits included increased efficiency for the retailer’s 500-plus users, a decline in inventory freeze periods “from weeks to days” and leveraging a fashion collections feature that “gives buyers flexibility in grouping products.”