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Wal-Mart Inks Global Licensing Pact with Galleria

Galleria Retail Technology Solutions announced that Wal-Mart Stores, Inc. has successfully completed user acceptance and scalability testing of Galleria's configured store and merchandise planning software system.

"We are thrilled that Wal-Mart has chosen to enhance their customer centric merchandising capabilities with Galleria's solution," said Jef Richards, chief research and strategy officer, Galleria.

In a release, the company noted that it offers solutions to seamlessly connect the assortment and space planning business processes while providing the scalability and automation to meet the needs of retailers. Galleria uses a method of analyzing performance data in conjunction with forecast data that results in stock which reflects future demands on a store-by-store basis, instead of a purely historic view.

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