November 12, 2008 -- Fry, Inc., a wholly owned subsidiary of MICROS Systems, Inc. (Nasdaq: MCRS) and leading e-commerce solutions provider, today announced that Charlotte Russe Holding, Inc. (Nasdaq: CHIC), a growing mall-based specialty retailer of fashionable, value-priced apparel and accessories targeting young women in their teens and twenties, has enlisted Fry’s services to manage and grow its existing e-commerce presence.

Under the agreement, Fry will provide strategic consulting services to help guide Charlotte Russe’s online storefront at www.charlotterusse.com. Specifically, Fry will focus on helping Charlotte Russe improve, optimize and grow the eCommerce channel in the areas of ecommerce merchandising, inventory planning and marketing, as well as Web site analytics and program management.

"Charlotte Russe first began working with Fry in 2007 when we were in our planning stages of our e-commerce initiative and we have been very pleased with the value and results that the Fry team has delivered," said Ed Wong, Chief Operating Officer for Charlotte Russe. "This new step in the evolution of our partnership will yield increased growth and efficiencies in our online business."

Fry’s Consulting Services team will supplement Charlotte Russe’s online team in optimizing business functions of Charlotte Russe’s e-commerce channel, including merchandise assortment, inventory allocations, marketing analytics and overall customer experience.

"We have enjoyed our working relationship with the Charlotte Russe team and are excited about the opportunity to help Charlotte Russe further elevate and expand the channel," said Bob Chase, Vice President of Fry Consulting Services. "Both Fry and Charlotte Russe look forward to this new growth opportunity which aims to drive increased e-commerce sales."

About Charlotte Russe

Charlotte Russe Holding, Inc. is a mall-based specialty retailer of fashionable, value-priced apparel and accessories targeting young women in their teens and twenties. At March 29, 2008 the Company operated 448 stores in 45 states and Puerto Rico. The Company expects to open approximately 60 new stores in fiscal 2008. For more information about the Company, please visit http://www.charlotterusse.com.

< Previous Press Release

Next Press Release >