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Citi Trends, a value-priced retailer, is deploying AI-powered inventory optimization from invent.ai to enhance operational efficiency and boost revenue growth.
Through forecasting, allocation and replenishment Citi Trends is improving product availability, cutting inventory costs and boosting the customer experience across nearly 600 stores, according to a press release.
"We are excited to partner with invent.ai to transform our inventory management processes," Ken Seipel, CEO at Citi Trends, said in the release. "By embracing AI and data-driven decision-making, we are confident that we can significantly enhance our operational agility, improve our bottom line and deliver exceptional experiences for our valued customers."
The retailer has nearly 600 stores and two distribution centers.
"Today, retailers need more than traditional methods to stay competitive — they require agility and precision driven by advanced technology," Gurhan Kok, founder and CEO of invent.ai, said in the release. "Our partnership brings AI-decisioning to Citi Trends' inventory processes, empowering the retailer to respond dynamically to customer demand and market shifts while optimizing profits. Together, we're redefining what's possible in modern retail operations."
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