Retek provides software solutions and services to the retail industry. It offers various software solutions, including Merchandise Operations Management solutions that enable coordination of operations to maintain a single source of data covering areas, such as merchandise management, sales audit, rules-based pricing, invoice matching, management of imports, and collaborative design and source; Store and Multichannel Retailing solutions, which allow retailers to regulate store operation costs and coordinate customer service in selling channels.
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ORACLE ANNOUNCES ACQUISITION OF RETEK (oracle.com) [edit]