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

Bamboo Rose Surpasses $2 Trillion in Retail Revenue

Bamboo Rose, a world leader in retail product development and supply chain technology, has recently announced an impressive milestone: exceeding $2 trillion in retail revenue under management. This achievement marks a dramatic doubling of revenue compared to the previous year, showcasing the growing demand among retailers, brands, and grocery stores for innovative solutions that enhance profitability and operational efficiency.

Innovation Driving Revenue Growth

The success of Bamboo Rose can be attributed to its comprehensive retail management platform, which integrates planning, product development, sourcing, and order management. This integration streamlines supply chain processes and product development phases, leading to significant cost savings. The platform offers retailers unparalleled visibility and control over the entire product lifecycle, from initial concept to final shelf placement, thereby simplifying complex processes.

As Kelly Dowling, Senior Vice President of Product Development at St. John Knits, noted, "Bamboo Rose will transform how we approach product development. With their advanced tools, we are excited to accelerate our time to market, enhance collaboration, and unlock the potential for data-driven decision-making in real time."

In September 2024, Bamboo Rose acquired Foresight Retail, further enhancing its platform with advanced planning capabilities and bidirectional data flow. This new integration of planning and Product Lifecycle Management (PLM) empowers brands to make data-driven product decisions in real time. Customers are thrilled about this capability to unify planning and development processes, which boosts efficiency and facilitates smarter decision-making.

A Transformational Year in 2024

The year 2024 has been a pivotal one for Bamboo Rose, characterized by notable acquisitions, innovations, and a growing customer base. Several key achievements underline this transformational period:

• - New Client Acquisitions: Nearly two dozen new logos have joined, including renowned names such as Love's Travel Stops, BSH Hausgeräte GmbH, and The Athlete's Foot.
• - Global Expansion in Food Sectors: Bamboo Rose now serves 30% of the world's leading supermarkets, including Sam's Club, Walmart, Publix, Wakefern, and Loblaw.
• - Exceptional Client Retention: The company boasts a gross retention rate exceeding 97%, with net retention rates surpassing 130%.
• - Record Retail Revenue Impact: Surpassing $2 trillion in managed retail revenue signifies Bamboo Rose's leadership in the industry.

Matt Stevens, CEO of Bamboo Rose, explained, "This record success in the past year underscores the confidence shown by the most exciting retailers and brands in the world in Bamboo Rose's mission. We have redefined the concept of a complete and highly integrated PLM platform and continue to focus on helping retailers and brands overcome their challenges to achieve operational excellence in an undeniably competitive landscape."

The Future of Retail Technology

Looking ahead, Bamboo Rose is dedicated to advancing its platform to meet the dynamic needs of retailers and brands. Innovations such as AI and predictive analytics are transforming decision-making processes, making them faster, smarter, and more accurate. Retailers are in need of solutions that simplify complexity, and Bamboo Rose is committed to delivering these with urgency and determination.

Jeff Fedor, CPO of Bamboo Rose, stated, "Significant changes are on the horizon for 2025. Our platform's evolution, powered by decision intelligence fed by AI, will drive unprecedented efficiency and profitable growth for our clients. We can’t wait to reveal what’s in store."

Join Us at NRF 2025

As Bamboo Rose continues to pave the way for future successes, the company invites all retailers and partners to turn challenges into opportunities. Visit us at NRF 2025, one of the largest retail fairs, and schedule a meeting with our team. Let us shape the future of retail together in 2025.

About Bamboo Rose

Bamboo Rose is a global leader in technology solutions tailored for retail businesses, covering product lifecycle management, supplier relationship management, sourcing/costing, order management, logistics, and financing. With a focus on understanding customer challenges and delivering customized solutions, Bamboo Rose empowers retailers and brands to achieve positive business outcomes and thrive in an ever-evolving retail landscape. Discover more about us at bamboorose.com and connect on LinkedIn at linkedin.com/company/bamboorose/.