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79% Of Americans Drink 2+ Cups Of Coffee Per Day, Survey Finds

Finance News

America runs on coffee with the average US adult consuming more than one cup per day, a number which is increasing with more people working from home. After crunching numbers sourced from Statista, the data analysts at Safe Betting Sites have found that 79 percent of coffee drinkers in the US are drinking two or more cups per day when they are at home on a weekday. Meanwhile, 62 percent of coffee drinkers are consuming a to-go coffee at least once per week with 20 percent drinking a to-go coffee every day. Drip coffee remains America’s preferred way to enjoy a cup of joe with 36 percent of respondents saying it was their favorite. More than half of US adults (51 percent) also agreed with the statement that “coffee is a pure pleasure to me”. 79% Of American Coffee Drinkers Are Consuming 2+ Cups Of Coffee Per Day Since the start of the COVID-19 pandemic, more Americans have been working from home, and for some, that means drinking more coffee. According to a recent survey by Statista, 79 percent of American coffee drinkers are consuming at least two cups per day when at home on a weekday. Only 21 percent of respondents said that they drank just one cup of coffee or fewer when at home. The survey, which was sourced from Statista, analyzed the habits of 831 daily coffee drinkers in the US aged 18-74. By comparison, 31 percent of respondents drank 4-6 cups of coffee per day while 20 percent consumed 3 cups and 27 percent consumed 2 cups of coffee per day. 62% Of Coffee Drinkers Buy A To-Go Coffee At Least 1x Per Week Coffee lovers aren’t just drinking coffee when they are at home either. In fact, 44 percent of Americans are drinking a to-go coffee more than once per week. That compares to 21 percent that said they drank one to-go coffee per week and 38 percent that said they drank a to-go coffee less often or even never. Overall, 20 percent of coffee drinkers said that they drank at least one to-go coffee every day. Drip Coffee (36%) Is America’s Favorite Way To Drink Coffee The survey also asked Americans to rate their favorite way to brew their coffee. Good old-fashioned drip coffee remains America’s preferred way to drink coffee with 36 percent of respondents saying it was their favorite. Cappuccino (11 percent), Iced Coffee (10 percent), and Instant Coffee (nine percent) were among the next on the list of America’s favorite way to drink coffee. Drip Coffee — 36% Cappuccino — 11% Iced Coffee — 10% Instant Coffee — 9% 74% Of Americans Drink Coffee Every Day Of course, this isn’t the first time that Statista polled Americans on their coffee drinking habits. The findings confirm another Statista study from the summer. Back in June 2022, Statista asked 1,592 Americans how often they drank coffee. A whopping 73.9 percent of respondents answered “every day” compared to 17.5 percent that responded “most days”. Meanwhile, only 8.5 percent of respondents were occasional coffee drinkers who responded “sometimes”. Coffee Is 2nd-Most Popular Drink After Bottled Water Coffee is still America’s drink of choice, according to a Statista poll that surveyed over 7,500 US adults from October 2021 to September 2022. In fact, only bottled water is consumed by more Americans as their drink of choice (63 percent). Trailing coffee, soft drinks (56 percent), juice (50 percent) and tea (48 percent) were also among the most common beverages consumed by US adults. When it comes to alcohol, beer (25 percent) edged out wine (24 percent) for the most popular alcoholic beverage in the US. Here are the full results from the poll below. Bottled Water — 63% Coffee — 57% Soft Drinks — 56% Juice — 50% Tea — 48% Energy Drinks — 27% Beer — 25% Wine — 24% For full survey data, visit: https://www.safebettingsites.com/2023/01/19/79-of-americans-drink-2-cups-of-coffee-per-day-survey-finds/ Contact Details Finance News Alex Brown alex@financenews.com

January 23, 2023 05:40 PM Eastern Standard Time

Minuteman Press Franchise in Denver Acquires 31-Year Business A Great American Print Shop

Minuteman Press International Inc

Abel Corral, owner of Minuteman Press in Denver located at 4725 Paris Street, Suite 200, has acquired independent printing business A Great American Print Shop from retiring owner Frank Hibberd. A Great American Print Shop operated in Denver for 31 years. When Frank received a mailer from Minuteman Press, he reached out to Regional VP Jack Panzer. Jack says, “Frank wanted to retire and I told him about our unique ability to help independent print shops sell their business. I connected him with Abel, who had expressed interest growing and expanding his business through an acquisition. I am glad they were able to work out a deal, and I wish Frank all the best in retirement.” On the acquisition, Abel Corral says, “The acquisition came about on the heels of our three year anniversary; this is also our second acquisition in two years. I was looking for a way to grow my business and so I let it be known to Jack Panzer that I’d be interested in acquiring another print shop.” Abel continues, “A Great American Print Shop was strategically located within an area that I already reach and market to and so this acquisition just seemed like a good fit. I really liked that this was an established business with growth potential that I feel my team could capitalize on. The potential upside, close proximity, and perfect timing all came into play.” He adds, “The acquisition included an established client base, paper inventory, some equipment including cutters, and access to Frank during the transition. I expect this acquisition to help increase revenue by 20-25%. Also, this acquisition benefits AGAP’s customers in three key ways: First, we have received all of the previous artwork for AGAP clients to ensure a seamless transition as we serve their print, design, and mailing needs. Second, we will be able to offer promotional products and apparel to AGAP clients, which were not previously available. Third, we will be providing value-added local customer service and client support. Our Minuteman Press location is near Peoria & Interstate 70: 4725 Paris St. #200, Denver, CO 80239, inside the Pinecreek Office Center. We are also offering free delivery to AGAP customers.” Abel concludes, “I’m very grateful that my Regional VP Jack Panzer helped me by presenting this opportunity and helping me through the process. I expect this could be a game-changer for our business.” Abel Corral’s Minuteman Press franchise in Denver is located at 4725 Paris Street, Suite 200, Denver, CO 80239. For more information, call or visit their website: https://minuteman.com/us/locations/co/denver20/ Learn more about #1 rated Minuteman Press franchise opportunities and see Minuteman Press franchise reviews at https://minutemanpressfranchise.com. Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

January 23, 2023 12:00 PM Eastern Standard Time

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Oliver Inc. Acquires Tap Packaging + Design

Oliver Inc.

Oliver Inc. (“Oliver”) is pleased to announce that it has acquired Tap Packaging + Design. Tap Packaging is a leading manufacturer of custom folding cartons, serving customers in food and beverage, beauty, confection, health and wellness, and consumer goods markets. Based in Cleveland, Ohio, Tap Packaging will continue delivering design-forward packaging solutions from its current location. This partnership will enable Oliver to expand its product offerings and strengthen its position as the nation’s largest independent specialty packaging supplier. “We are thrilled to welcome the Tap team to the Oliver family,” said Dan Rodenbush, President/CEO of Oliver Inc. "Their diverse range of capabilities will allow us to expand our product offerings and enhance our overall service for our customers.” “Oliver and Tap Packaging share similar core values, and both companies have a passion for providing an exceptional customer experience,” added David Chilcote, Chairman of Tap Packaging. “Partnering with Oliver increases our capacity, provides redundancy, and allows us to better leverage our combined scale to offer enhanced solutions for our customers.” Oliver has made significant investments in modern equipment, facilities, and people since 2016. The Tap Packaging transaction will represent Oliver’s fifth strategic acquisition and aligns with the company’s vision to build a leading provider of innovative, specialty packaging solutions. The transaction closed on January 18, 2023. To learn more about Oliver, please visit www.oliverinc.com. About Oliver Oliver Inc. is a leading provider of highly customized, quick-turnaround, specialty packaging solutions. Known for its white-glove approach to customer service, the company provides a turnkey platform from design to fulfillment, simplifying complex requirements with consistent on-time, on-budget, ultra-high-quality products and services. About Tap Packaging + Design Since 1906, Tap Packaging + Design has been committed to enhancing their customers’ image by providing high-quality packaging and presentation products. The company’s success can be attributed to the creative craftsmanship of their dedicated workforce, and their sincere desire to partner with their customers and suppliers. Contact Details Oliver Inc. Doug Doroh +1 631-234-1400 ddoroh@oliverinc.com Company Website https://www.oliverinc.com/

January 19, 2023 09:20 AM Eastern Standard Time

Minuteman Press Franchise in Fairmont, Minnesota Celebrates 5 Years

Minuteman Press International Inc

Betsy and Dustin Tino, Fairmont natives and owners of the Minuteman Press franchise in Fairmont, Minnesota, are proud to celebrate five years in business. Betsy has also won the “4 Under 40” Award from Twin Valley Action Council BSA, which recognizes emerging leaders in the community. Minuteman Press in Fairmont is located at 414 North State St., Suite 2, Fairmont, MN 56031. Returning Home to Start a Business Five years ago, Betsy and Dustin decided to move back to their hometown of Fairmont. Betsy says, “I was in printing and involved in magazine publication as well as a larger print shop that did everything from mailings and booklets to business cards. Dustin was in orthopedics at a clinic and was looking for a change.” She adds, “We wanted to work together and move closer to family. When we were looking for business ideas, we saw that there was a Minuteman Press franchise up for sale. We didn’t end up buying the shop that was listed but that is how we started talking about moving back to our home town and starting a new Minuteman Press in Fairmont.” Celebrating Five Years Betsy reflects on a whirlwind five years as she shares, “We’ve had a lot of milestones in five years since opening in November of 2017. In our first year, we moved back to our home town and opened up a brand new Minuteman Press location. We started the business from the ground up, we had a baby, and parented our 4-year-old. After growing the business in our first two years, the pandemic certainly changed things both for the business and our family in 2020. We ended up home schooling while managing the business, and later we decided to make a big decision to relocate to a new building that we purchased.” Betsy continues, “Today, we are stronger than ever and are having a great 5 th year. We have wonderful clients, joined groups that make us proud to see our community succeed, and are a happy family with our children now 4 and 8 years-old.” “Our community is a wonderful small city of 10,000 people with many small towns around us. Three keys to our success come from hard work, being involved in our community, and kindness.” -Betsy Tino, co-owner, Minuteman Press, Fairmont, MN Winning “4 Under 40 Award” & Growing the Business As Minuteman Press keeps the momentum going in Fairmont, Betsy was thrilled to be recognized by the Twin Valley Action Council BSA for her hard work. “This award is to recognize emerging leaders in our local community. I am honored to receive this award and be one of the four recipients because being involved in our small community is a great way to help our business, other businesses, and our community all grow together.” Along those lines, Betsy shares her biggest key to growth, saying, “The best way we have grown our business is being involved in our community through clubs and organizations, which is something that Minuteman Press emphasizes during training. We love being involved and this also ties into the idea of kindness I mentioned earlier in our keys to success. The more you can do for others, the more likely they will want to support you. It’s a team effort.” Betsy also credits the effectiveness and versatility of printing as a marketing tool, her shop’s capabilities, and focus on customer service for her success. She shares, “We love doing mailings and we can do it all in-house from design to delivery. We design, print, and then take mailings to the post office for our clients, and they don’t even have to touch it! We have also brought new services into our building that we purchased so we can have quality control over them and manage the timeline that fits our clients’ needs. Making our clients happy is our passion and our goal.” The support provided from Minuteman Press International has also helped Betsy and Dustin build their business. Betsy says, “We appreciate Keith Cawley and our local support and we really enjoyed attending the Minuteman Press World Expo in Dallas in July. We learned a lot and had fun seeing and talking with other owners, vendors, and the core team from World HQ. It was great putting names to faces for when we call the tech support team, and overall the World Expo was a great energy booster from our day-to-day routine.” “Printing is something you can touch and feel. It’s real! So many clients come in and struggle to describe what they are looking for but when they look at our display wall in our lobby area, they are excited to point to something and say, ‘I want that!’” -Betsy Tino Rewards & Advice for Others When asked about the rewards of owning a business, Betsy answers, “We love creating the wide range of projects for our clients, from booklets to simple business cards, from camera ready art to complete designs. Each day is completely different and that is so much fun. People might say ‘you’re just a printer’ and I smile because we are so much more than printers, we are dream creators!” As for what advice she would give to other business owners, Betsy shares, “Put the hard work in and go lean in the beginning. Make sure to schedule lunch and family time and make it fun! One day we had a large rush job, so we turned it into a movie night so the kids could be at the office with us and we could keep feeding the press! The hours might be business hours but the business will be your life, so fall in love with it so it makes you happy.” Minuteman Press in Fairmont is located at 414 North State St., Suite 2, Fairmont, MN 56031. For more information, call 507-399-0300 or visit their website: https://minuteman.com/us/locations/mn/fairmont/ Learn more about #1 rated Minuteman Press franchise opportunities and see Minuteman Press franchise reviews at https://minutemanpressfranchise.com Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

January 17, 2023 10:00 AM Eastern Standard Time

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House Agriculture Chairman GT Thompson To Keynote Plant Based Product Council’s Inaugural Conference

Plant Based Products Council

Today, the Plant Based Products Council (PBPC) announced Chairman Glenn “GT” Thompson will keynote PBPC 2023 Annual Conference: Circular Solutions. As the Representative for Pennsylvania’s 15 th Congressional District and the Chairman of the House Committee on Agriculture, Rep. Thompson will share remarks on Congress’ priorities for the 2023 Farm Bill, growing the bioeconomy, rural economic development, and fostering innovation in agriculture. PBPC2023 will take place at the JW Marriott in Washington, D.C., from Monday, Mar. 27, to Wednesday, Mar. 29, 2023. Owned and produced by PBPC, the association’s inaugural conference will explore the innovations, business models, and policies influencing the entire lifecycle of bioproducts in support of a robust circular economy. Attendees will hear from, and network with, industry leaders, policymakers, brands, and experts through panels, keynotes, networking sessions, and more. As Chairman of the House Committee on Agriculture, Rep. Thompson oversees the Farm Bill, legislation that sets national agriculture and nutrition policy. T his landmark bill, renewed every five years, will be the agriculture industry’s top priority in 2023, and the next several months will be decisive for the plant-based product industry’s growth and development. Aside from his leadership and responsibilities in Washington, Rep. Thompson brings a particularly unique perspective on this evolving industry – agriculture continues to be Pennsylvania’s top industry and he is the descendant of a long line of dairy farmers. “We are thrilled to have Chairman Thompson represent Pennsylvania’s vibrant agricultural industry and the House Agriculture Committee as a keynote speaker at PBPC2023,” said PBPC Executive Director Jessica Bowman. “The plant-based products industry is one of the most important innovations for the agriculture industry in modern history. It presents an opportunity to source everyday consumer products from renewable inputs like corn, hemp, and soy grown on American soil. We are excited to convene Chairman Thompson and other policy and industry leaders to drive this industry forward and reinforce America’s farmers as part of the solution to our collective climate challenges.” WHAT: PBPC 2023 Annual Conference: Circular Solutions WHEN: Monday, Mar. 27 – Wednesday, Mar. 29, 2023 WHERE: JW Marriott, 1331 Pennsylvania Avenue NW, Washington, D.C. 20004 WHY: PBPC2023: Circular Solutions will explore what it means to promote a circular economy with bioproducts among some of the industry’s most influential and visionary experts and leaders worldwide. MORE: Visit https://pbpc.com/pbpc2023/ to learn more. CONTACT: Keniece Barbee, keniece@pbpc.com PBPC is an association of like-minded organizations who are advocating for a shift toward a more circular bioeconomy through greater adoption of renewable, plant-based materials supported by appropriate end-of-life infrastructure. We educate stakeholders and advocate for programs and policies that will support growth of the plant-based products industry, helping to harness its environmental and economic potential to deliver a more sustainable future. Learn more at www.pbpc.com. Contact Details Plant Based Products Council Jacqueline Boggess jacqueline@pbpc.com Company Website https://pbpc.com/

January 17, 2023 09:55 AM Eastern Standard Time

American Equipment Expands National Field Service and Equipment Offerings With Acquisition of Shannahan Crane & Hoist

Rotunda Capital Partners LLC

American Equipment Holdings (“American Equipment”), a Rotunda Capital Partners portfolio company, has acquired Shannahan Crane & Hoist (“Shannahan Crane”), a leading provider of engineered overhead crane systems and maintenance, repair and overhaul (MRO) field services. Shannahan Crane is headquartered in St. Louis, Missouri, with an additional field office in Kansas City, Kansas. The acquisition of Shannahan Crane marks the 14 th add-on acquisition completed by American Equipment since partnering with Rotunda in May 2021. Founded in 1961, Shannahan Crane delivers comprehensive overhead crane and hoist solutions to a loyal customer base, including regional and blue-chip companies, covering an array of strategic end markets. Shannahan Crane has endeared itself to customers with its responsive, customer-first approach and innovative material handling solutions that include an extensive set of turnkey engineering, installation, and service offerings that effectively guide customers through the entire lifecycle of their assets. “We couldn’t be happier to have Shannahan Crane join the American Equipment family. We now have a physical presence in 45 cities throughout the United States,” said American Equipment CEO Adam Zimmerman. “This vast network brings us closer to more customers than ever before and I’m excited to take advantage of the many collaboration opportunities that await us.” “We are very proud of what Shannahan Crane has been able to accomplish over the last 60 years and we look forward to writing the next chapter of our story with American Equipment,” said Bill Shannahan, owner of Shannahan Crane. “This partnership will bring many opportunities for growth and improvement that I cannot wait to begin sharing with both our customers and our employees.” “I have thoroughly enjoyed getting to know Bill and the Shannahan team. They have built a wonderful company with a strong work ethic and fantastic culture,” said American Equipment President and COO Troy Vellinga. “I look forward to bringing our teams together so we can begin leveraging the expertise and capabilities of these great organizations.” About American Equipment Holdings American Equipment Holdings is an organization of leading overhead crane and hoist, weighing and measurement distributors and field service providers, including American Equipment, Allied Crane, Eastern Crane & Hoist, Facilities Engineering, Kanawha Scales & Systems, Kistler Crane & Hoist, Pacific Crane & Hoist, Patriot Crane & Hoist, Shannahan Crane & Hoist, Systems Specialties, and Washington Crane & Hoist. The consolidated entity is one of the largest independently owned overhead crane and hoist, weighing and measurement solution providers in the country, serving over 7,000 customers nationwide. Together, American Equipment Holdings companies provide comprehensive solutions for everything related to customers’ overhead crane and hoist, weighing and measurement needs, including OSHA mandated inspections, preventative maintenance and repair field services, parts, engineering, ISO certified fabrication, new and replacement equipment, automated systems, system modernizations and training. American Equipment Holdings represents leading manufacturers such as Avery Weigh-Tronix, Detroit Hoist, Columbus McKinnon, ACCO, R&M, Demag, Gorbel, Spanco, IMS, Rice Lake, Harrington, Conductix, Magnetek & PE and Mettler Toledo, among others, and customers rely on its service, design, engineering, fabrication, and installation capabilities to meet their unique application needs. American Equipment Holdings serves local, regional and national customers across a variety of end markets, including light & heavy industrial, automotive, mining, public utilities, military, aerospace & defense and energy, among others. For more information, visit www.amquipinc.com. American Equipment is aggressively seeking to acquire other overhead crane, industrial scale and material handling equipment, parts and service solution providers and is interested in acquisition opportunities presented by business owners, management, or M&A intermediaries. Please contact Ryan Aprill, principal at Rotunda Capital Partners, regarding acquisition opportunities. About Rotunda Capital Partners Rotunda Capital Partners is an operationally oriented private equity firm focused on transforming family-founder owned companies into dynamic, data-driven platforms able to achieve and manage significant growth. Since its founding in 2009, Rotunda has partnered with management teams to build great businesses within three primary sectors: value-added distribution, asset-light logistics and industrial & business services. Rotunda strives to achieve replicable results by implementing its Rotunda Performance System to create strategic alignment, develop lean processes and create robust, data-driven infrastructures. For more information, visit www.rotundacapital.com. Contact Details Rotunda Capital Partners Jill Lafferty +1 847-280-1295 jill@rotundacapital.com Company Website https://www.rotundacapital.com

January 17, 2023 07:46 AM Eastern Standard Time

News Release

Best Places To Order An Essay Online: TOP 6 Cheap Custom Writing Sites

Essay Assistance Experts

Universities expect a lot from students. Getting a degree takes a lot of time, hard work, and requires the completion of many projects and writing. Being a student is a full time job for every class, and some of these classes are structured expecting that each student will dedicate all of their time to one subject alone for their entire career. And then those students have to take five of those classes in one semester. This leaves them with no time, and all the expectations in the world on their shoulders. At that point it can feel like a college student doesn’t have time to do the work that’s expected of them. Or at the very least that they might need some help. Thanks to the internet, college students can get help from knowledgeable strangers from around the world who will help them by writing, or drafting, their essential class work for them. 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For students who may be short on time or overwhelmed by their workloads, hiring a professional writer can be a great solution to help make sure their essays are done on time and with excellent quality. Many students find it beneficial to buy essays online as they can benefit from accessing knowledgeable writers who understand the academic standards required of them. In addition, purchasing an essay from a trusted writing service guarantees that the paper provided will be 100% original and plagiarism-free. Overall, buying an essay online can be a convenient option for those in need of additional assistance in completing their academic work. However, it is important to make sure you are ordering from a reliable source so that you get what you pay for in terms of quality and security. What is the best place to order an essay online? The best place to order an essay online is PaperHelp that provides customers with high-quality, original content written by experienced and qualified writers. They offer a fast turnaround time as well as discounts for bulk orders and extended deadlines. Customers can expect an extensive editing process that ensures that all papers meet the highest academic standards. Additionally, all of their papers are checked against plagiarism before they are sent out to ensure customer satisfaction. Customers can also track the progress of their orders in real-time and communicate directly with their writers if needed. PaperHelp is an excellent option for those who want to purchase custom essays online that are both high quality and affordable. With a secure payment system, a friendly customer service team, and reliable writers, you can be sure that you'll get exactly what you pay for – a great essay! What is the cheapest essay writing service? EssayPro is one of the cheapest essay writing services available. With their flexible pricing system, you can benefit from discounts for large orders, extended deadlines, and other bonuses. They offer 24/7 customer support and provide quick turnaround times to ensure that your essays are completed on time. In addition to their low prices, customers can expect high-quality content written by experienced writers with knowledge in various academic disciplines. All papers are checked through a plagiarism-detection system to guarantee that they're original and well-written. Users also have access to a secure payment system so you never have to worry about the safety of your financial information. EssayPro is an excellent option for those who want an affordable and reliable source for their essay-writing needs. With competitive rates and quality content promised, it's easy to see why so many students choose EssayPro as their go-to service when they need help with writing essays. Order an essay or not: Conclusion In conclusion, ordering an essay online from services like PaperHelp, 99Papers, SpeedyPaper, EssayPro, EssayBox, and Ivory Research can be a very positive experience. With competitive prices, fast turnaround times, and secure payment systems, customers can rest assured knowing they are getting quality content that is both affordable and original. Their customer service teams are available 24/7 to answer any questions or concerns you may have, and all of their writers are carefully vetted with extensive editing processes in place for added peace of mind. All in all, these services provide safe and speedy options for those who need help with their essays without breaking the bank. Contact Details Michelle Brook essay@legitwritingservice.com

January 16, 2023 09:07 AM Eastern Standard Time

ToolsGroup Announces Inventory Hub®, the Single Source of Truth for Real-Time Data Across the Enterprise

ToolsGroup

ToolsGroup, a global leader in retail and supply chain optimization software, today introduced the launch of Inventory Hub®, a Dynamic Data Unification Platform that provides retailers with a “single source of truth” for inventory data across their enterprises. “As the retail industry rapidly evolves, it is becoming evident that capturing disruption signals both locally and globally and reacting fast to them is the foundation for sustainable and efficient planning,” says ToolsGroup CEO, Inna Kuznetsova. “Inventory Hub is the cornerstone of moving from static to dynamic planning and achieving a new level of efficiency in retail planning while prioritizing customer experience without detriment to profitability" Most multichannel retailers today have separate systems - ERP, order management, inventory, POS - that are not well integrated with each other and keep data trapped in separate silos. As a result, retailers grapple with discrepant views of inventory between systems, channels and applications, and are hindered by limited visibility and access to real-time supply, demand and operational data. To combat these data silos, the Inventory Hub® Dynamic Data Unification Platform provides retailers with a “single source of truth” for inventory data across supply, demand and operations. Inventory Hub helps retailers track and serve inventory data across channels, systems and applications in real-time, powering unified commerce, inventory management at web speed, and creating a composable backend to enable business speed and agility. Inventory Hub enables retailers to: 1. Break Data Silos: Inventory Hub tracks inventory across siloed systems by listening to events directly from transactional systems and generating actionable views of stock across the inventory lifecycle, including supply, demand, and operations. The highly scalable platform processes and analyzes data quickly and applies configuration to provide actionable views of inventory. 2. Share Data Across the Enterprise: Inventory Hub disseminates these views of inventory to any destination channel or application without system disconnects or latency. It calculates and serves views at the item, location, and item/location-level to any destination system, including retail applications, websites, mobile apps, marketplaces, and search/social channels. 3. Enable Unified Commerce: Inventory Hub lays the foundation for a unified commerce model by providing a “single source of truth” for inventory data required to ensure retail customers have a continuous experience as they browse and transact regardless of touchpoint. 4. Power In-House Systems: Inventory Hub is system-agnostic and provides developer tools to merchants who can use its data to power in-house systems and applications. Powered by this unified, real-time information, companies can reduce out-of-stocks, improve profitability, increase agility and provide better, more consistent customer experiences. ToolsGroup’s innovative AI-powered solutions enable retailers, manufacturers, and distributors to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision making, and unlock powerful business improvements in forecast accuracy, service levels, and inventory - delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

January 16, 2023 07:30 AM Eastern Standard Time

ToolsGroup® Announces JustEnough® Real-Time Retail, the Only Retail Planning and Execution Solution That Responds to Shopping Behavior in the Moment

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning optimization software, today announced the launch of Real-Time Retail, the only retail planning and execution solution that leverages up-to-the minute supply and demand data to respond faster and more effectively to changes in the marketplace in order to lower inventory, ensure product availability, and improve customer satisfaction across channels. “Over the past 24 months, many retailers were caught between the dual forces of fast changes in consumer demand and supply chain disruptions. Being able to pivot quickly prevents unplanned discounting and margin erosion,” noted Inna Kuznetsova, CEO of ToolsGroup. “Leaders in the retail space understand the value of moving from static to dynamic planning and require a new generation of planning and execution technology to respond to changes faster. We’re excited to launch a new era in retail planning, one that will benefit consumers, businesses, and even the environment by leveraging AI-powered capabilities coupled with real-time data to put the customer first without sacrificing profitability.” Real-Time Retail connects the JustEnough planning and execution solution with Inventory Hub ® - a dynamic data unification platform – to collect near-live data from siloed systems and serve that information immediately to Allocation, Replenishment and Fulfillment applications to: Track events and changes to inventory across selling channels Serve information to planning applications in real-time Evaluate the impact of these events and changes Respond by adjusting where inventory is placed or fulfilled Allocation and Replenishment leverages real-time Inventory Hub data to evaluate the impact of each supply and demand event on the inventory plan and automatically recalculates and recommends purchase and allocation orders and transfers giving retailers the power to respond immediately to changing market dynamics. Dynamic Fulfillment, integrated with third party OMS systems, leverages Inventory Hub data for better store-based fulfillment. With real-time supply, demand, and operational intelligence, it adjusts according to store demand and distribution center or store capacity. For example, the system calculates the impact of a return on real-world inventory costs and performance, based on the item’s location and demand. It then adapts fulfillment strategies to compensate for out of balance inventory, lowering fulfillment costs and reducing markdowns. Real-Time Retail enables companies to: Plan and execute at web speed, anticipating and reacting to changes in shopper behavior instantaneously Navigate and adapt to market changes while properly allocating resources and working capital Eliminate excess inventory, reducing waste and minimizing environmental impact Improve cash flow and profitability Adds Kuznetsova, “The payoff of such a system has the power to transform the future of global retail supply chains, enabling companies to adopt unified commerce models and improve customer experiences.” ToolsGroup’s innovative AI-powered solutions enable retailers, manufacturers, and distributors to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision making, and unlock powerful business improvements in forecast accuracy, service levels, and inventory - delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

January 16, 2023 07:00 AM Eastern Standard Time