Accenture to acquire Javelin Group
Founded in 1997, Javelin offers omni-channel retail planning, retail analytics, supply chain fulfillment and operations, and location and international expansion strategy.
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Accenture has entered into an agreement to acquire Javelin Group, a UK-based retail strategy consulting and digital transformation services provider.
Javelin Group is a specialist integrated retail strategy and digital transformation consulting firm, employing more than 160 people and generating approximately half its revenues outside the UK. It offers a range of strategy services including digital market assessment and potential evaluation, digital performance improvement, omni-channel retail planning, retail analytics, supply chain fulfillment and operations, as well as location and international expansion strategy. It also provides digital technology consulting and systems implementation and support services.
“The acquisition of the Javelin Group will help Accenture Strategy reinforce our ability to deliver large scale transformation in the retail industry,” said Mark Knickrehm, group chief executive, Accenture Strategy. “It will also strengthen the portfolio of industry knowledge and digital capabilities that makes Accenture Strategy increasingly relevant in a market demanding sector-specific strategies and solutions.”
“Accenture anticipates continued strong demand for strategy services in the retail market as new technologies raise consumer expectations and transform the fulfillment of products and services across multiple channels,” said Chris Donnelly, retail industry strategy lead, Accenture Strategy. “Javelin Group’s unique set of integrated strategy, consulting and implementation capabilities will help us support clients through their entire digital transformation journey.”
“Javelin Group has established itself as a leading specialist provider of consulting and technology services to retailers in Europe and beyond,” said Tony Stockil, CEO of Javelin Group. “As digital technologies intensify the scale of the challenges and opportunities facing consumer brands and retailers, the combination of Accenture’s global reach and digital transformation capabilities and Javelin Group’s specialist retail expertise will bring new value to those businesses.”
Javelin Group was founded in 1997 and is based in London, UK.
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