Moscow, Russia (PRWEB) October 31, 2012
Retail Solutions, http://www.retailsol.com a leading European retail advisory and consultancy provider long operating in Emerging Markets makes a major announcement with its decision to get into product sourcing. This decision was made due to overwhelming requests by innovative suppliers looking to expand products to international retailers. After careful consideration, Retail Solutions has decided to use it’s massive database of relationship, contact and industry knowledge to assist clients who are looking for ways to enhance value.
The focus on sourcing will be for products that are non-food / non apparel, which are unique within the retail sector providing retailers with a competitive advantage. In addition to retail products, the Company has been approached by various parties looking for representation of innovative products that provide operational efficiencies across retailers.
Retail Solutions made no comments on the deals it is working on but has disclosed it signed its first deal with a major international retailer who is currently testing a new retail product in select stores in the UK. Expectations are high of a full rollout in the near future with the potential to become a permanent part of this retailers range. At the same time, Retail Solutions indicated they are currently testing an operational product in Central Europe that will create operational efficiencies for food retailers around the world.
Over the coming months, Retail Solutions expects to announce more changes including identifying the individual who is heading up this line of business.
RETAIL SOLUTIONS was founded in 2002 to provide professional advisory and consulting services for retail companies and banks, funds, private equity parties that invest in retail. Services are targeted to chain store retailers and are broken down into five general categories; Big Picture Retail, Retail Operations, Financial and Partnering. Retail Solutions primarily operates in Russia, Czech Republic, Slovak Republic, with partnerships in Armenia and now Romania.
Details of Retail Solutions services can be viewed at http://www.retailsolutions.com.ro