#USA #Boston #Retail Technology #Supply Chain #Bamboo Rose

Bamboo Rose Surpasses $2 Billion in Managed Retail Revenue

On December 12, 2024, Bamboo Rose, a global leader in product development and supply chain technology for the retail sector, announced a significant achievement: the company has exceeded $2 billion in managed retail revenue. This milestone showcases a remarkable growth rate, doubling from the previous year, as retailers, brands, and food manufacturers increasingly seek innovative solutions and strategies for enhancing profitability and operational efficiency.

Driving Revenue Growth through Innovation

Bamboo Rose's Retail Management Platform integrates planning, product development, sourcing, and order management, streamlining product development and supply chain processes to achieve substantial cost savings. This end-to-end solution affords retailers full control over their product lifecycles, from initial concepts to final shelf placement, creating unprecedented transparency and simplifying complex procedures. Bamboo Rose is now the provider with the most comprehensive and robust offerings available in the market today.

Kelly Dowling, Senior Vice President of Product Development at St. John Knits, commented, "Bamboo Rose will transform our approach to product development. We’re eager to leverage these groundbreaking tools to accelerate market introductions, enhance collaboration, and unlock the potential for data-driven real-time decisions as we implement this innovative platform and scale our processes."

In September 2024, Bamboo Rose acquired Foresight Retail, enhancing its platform through built-in planning features and a bidirectional data flow. This merger aligns planning and Product Lifecycle Management (PLM), enabling brands to make data-driven product decisions based on real-time insights. Customers are excited about the potential to unify planning and development processes, increase efficiency, and support smarter decision-making.

A Transformative 2024 for Bamboo Rose

The year 2024 has been remarkable for Bamboo Rose, marked by acquisitions, innovations, and a growing customer base:

• - New Clients: Bamboo Rose welcomed close to two dozen new clients, including Love’s Travel Stops, BSH Hausgeräte GmbH, and The Athlete’s Foot.
• - Global Expansion: The company now serves 30% of the world’s top grocery retailers, such as Sam’s Club, Walmart, Publix, Wakefern, and Loblaw.
• - Outstanding Retention Rates: With a gross revenue retention rate exceeding 97% and net revenue retention exceeding 130%.
• - Milestone Achievements: Surpassing $2 billion in managed retail turnover.

Matt Stevens, CEO of Bamboo Rose, stated, "The record success of the past year confirms the trust that the world’s largest and most innovative retailers and brands place in Bamboo Rose. We are redefining the role of a complete and highly integrated PLM platform, focusing on assisting retailers and brands as they address challenges to achieve high operational excellence in an intensely competitive environment."

The Future of Retail Technologies

Looking ahead, Bamboo Rose is committed to advancing its platform to meet the dynamic needs of retailers and brands. The incorporation of AI and predictive analytics is revolutionizing decision-making, making it faster, smarter, and more precise. Retailers require simplification of complexities, and we are delivering these solutions quickly and efficiently.

Jeff Fedor, CPO of Bamboo Rose, emphasized, "Significant changes are on the horizon for 2025. Our platform’s evolution integrating AI-driven decision intelligence will empower our customers to gain unprecedented efficiency and profitable growth. We can’t wait to introduce our upcoming innovations!"

NRF 2025

As Bamboo Rose sets its sights on future developments, the company is poised for continued success, helping retailers and brands to turn challenges into opportunities. We invite you to visit us at NRF 2025, the premier retail event! Schedule a meeting with our team or stop by Booth 4040. Let’s shape the future of retail together in 2025.

About Bamboo Rose

Bamboo Rose is a leading global provider of technology solutions for retail, encompassing planning, product lifecycle management, supplier relationship management, sourcing/costing, order management, logistics, and financing. The company is dedicated to understanding customers' challenges and delivering tailored solutions, enabling retailers and brands to achieve positive business outcomes and advance their success in a continuously evolving retail landscape. In another recent announcement, Bamboo Rose also debuted an extended project for supplier relationship management and a sourcing platform for Walmart. For more information, visit bamboorose.com or connect with us on LinkedIn.