New York, NY, July 30--Liz Claiborne, Inc. and Federated Department Stores agreed to collaborate on a new buying and selling process that the companies said could improve full-priced sales and reduce manual efforts, increasing productivity and efficiency.
In a press release Tuesday, the companies said the process--called LizPlanning--uses Liz Claiborne's micro-merchandising program with collaborative merchandise-planning software, in an effort to place more of the right product in the stores in the right sizes and colors and at the right time.
