FOR IMMEDIATE RELEASE:
Magellan’s Improves Planning, Reports Record Profits
Santa Barbara, CA (July 15, 2011) – Magellan’s Travel Supplies announced record profits for the 1st half of 2011, attributing the increase to improved demand forecasting and merchandise planning.
Mark Gallo, Magellan’s CEO, said the key to the improvement was the decision to hire Matt Krause.
“We hired Matt in the summer of 2010. It was one of the best things we’ve ever done,” said Gallo from his office in Magellan’s Santa Barbara headquarters.
“Our merchandise management practices are so much better than they were just a few years ago. Take our Coolibar beach shirts, for example. In the off-season, we used to be fat on the item, and then as soon as the season came around, boom, we were out. With Matt, that doesn’t happen anymore.”
Matt also brings to Magellan’s a knack for pulling people together. According to Gallo, “Before we hired Matt, the communication amongst our Purchasing, Merchandising, and Marketing teams was good. Now it’s stellar.”
Since 1989, Magellan’s has been your most trusted source of travel supplies. Their current catalog is available FREE by calling (800) 962-4943, or by visiting Magellan’s on-line at www.magellans.com. Magellan’s is staffed by trained Travel Gear Specialists, ready to answer questions on everything related to travel. All Magellan’s products are backed by a 100% satisfaction guarantee.
Contact:
Matt Krause
mattkrause@mattkrause.com
ph: (559) 239-6650
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