“We are delighted to announce that Galleria is joining RELEX Solutions. There is a great synergy between the two solutions. Like RELEX, Galleria is dedicated to helping its clients achieve increased sales, enhanced margins, reduced inventory, cut waste and improved on-shelf availability.”
- Mikko Kärkkäinen, Group CEO, RELEX Solutions
“We are thrilled to become part of the RELEX group and to play a critical role in developing an integrated retail planning platform. RELEX’s founders have an unprecedented clarity of thought in how retailers’ existing supply chain and planning processes can be improved through the latest generation of innovative technology.”
- Ian Duncan-Lewis, CEO, Galleria
How do Galleria and RELEX fit together?
Through the acquisition, RELEX Solutions and Galleria have together strengthened their position as an integrated retail and supply chain planning solution.
In addition, the acquisition increases our existing sales and delivery networks, especially in North America and APAC. The united company has prime retail brands including AO.com, Morrisons, PARKnSHOP, Rossmann and Safeway, as customers in every continent bar Antarctica.
How does the acquisition benefit Galleria’s and RELEX’s customers?
There will not be any changes in how Galleria works with its existing customer base.
Our customers will however be able to benefit from a larger product offering because of the acquisition. The integrated retail planning platform offers the ability to manage and optimize the inventory from supplier-level up to the point of sale, from automated replenishment to planograms. RELEX Solutions now provides support for the whole retail planning process from assortment and space planning, via price and promotion optimization, to forecasting and replenishment.
What is RELEX Solutions?
Founded as “Retail Logistics Excellence – RELEX Oy” in Helsinki in 2005, the company specializes in demand forecasting, inventory optimization, and replenishment automation. RELEX’s proprietary In-Memory database delivers results over 100 times faster than traditional alternatives, bringing unprecedented speed and agility to retail supply chain planning.
Following the acquisition of Galleria, RELEX Solutions employs around 230 people at its offices in the UK, Germany, Sweden, Norway, Denmark, France, Italy, the U.S. and at its Helsinki headquarters.
Whom should I contact for more information?
Galleria and RELEX customers should contact their account manager to learn more.
Non-Galleria and RELEX customers can find contact details to their closest office here: https://www.relexsolutions.com/contact/