Quantum Retail Appoints Retail Industry Veteran as CEO

by Katie Lee

Minneapolis — Quantum Retail Technology™ Inc., a leading provider of merchandise optimization and inventory solutions for retail, has named its co-founder, Chris Allan, as its next CEO.

“Chris was the natural choice to lead Quantum in its next phase of growth,” says Mike Hrabe, a Quantum board member. “His record of leading innovative development initiatives paired with his success at building client-centric organizations made him the ideal choice.”

Allan returned to Minneapolis-based Quantum in late 2014 to lead Quantum Retail’s development and delivery organizations and will maintain that role in addition to serving as CEO. Prior to his return to Quantum, he was a managing director at Accenture.

“Quantum’s core solutions offer retailers unique relief in an increasingly chaotic retail marketplace where having a clear view to customer demand and tuning your inventory to meet that demand is of critical importance, says Allan. “As more and more retailers come to depend on analytic insights, only Quantum can provide it becomes important that we find a broader array of ways that retailers can use our solutions either in a standalone capacity, or in conjunction with their existing legacy systems and processes. Quantum can help every retailer become more profitable.”

The Q™
 system is adaptable within the retailer’s existing environment and works in conjunction with many of today’s leading supply chain and merchandising platforms including Oracle, SAP, and JDA. For more information, visit http://www.quantumretail.com.

SOURCE: Quantum Retail Technology, Inc.

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