Bealls, Inc. Selects Berkshire Grey's Advanced Robotic Solutions to Automate and Accelerate Fulfillment Operations

Rhea-AI Summary

Berkshire Grey (Nasdaq: BGRY) announces a strategic partnership with Bealls, Inc. to enhance store replenishment using robotic automation. This collaboration aims to boost processing capacity to meet rising customer demand in merchandise categories.

Bealls, operating over 525 stores, plans to utilize Berkshire Grey's AI-enabled systems to sort and pack more than 55 million units annually. The automation will support Bealls' growth strategy while alleviating labor challenges in the competitive retail sector.

Positive

• Berkshire Grey's partnership with Bealls enhances store replenishment, addressing growing customer demand.
• Implementation of robotic systems allows Bealls to process over 55 million units annually.
• The automation initiative supports Bealls' growth and operational efficiency.

Negative

• None.

Innovative Retailer with over 525 stores chooses Berkshire Grey’s robotic automation to speed up store replenishment for growth merchandise categories

BEDFORD, Mass., Nov. 11, 2021 (GLOBE NEWSWIRE) -- Berkshire Grey Inc. (Nasdaq: BGRY), the leader in AI-enabled robotic solutions that automate supply chain processes, today announced that Bealls, Inc., a retailer known for priced-right apparel and home merchandise, has selected BG Robotic automation systems to handle expanding merchandise categories and fulfill orders quicker. The AI-enabled systems will help Bealls increase the processing capacity and throughput needed to meet surging customer demand.

Headquartered in Bradenton, Florida since 1915, Bealls is a family-owned corporation that operates more than 525 retail stores nationwide. By implementing Berkshire Grey’s robotic systems with the capability to pick, sort, and pack over 55 million units annually, Bealls can not only meet, but exceed, heightened customer demand and expectations for apparel, footwear, accessories, and home items. As a retailer in highly competitive markets, Bealls is growing its core business while facing the same labor challenges as the rest of the retail ecosystem. Berkshire Grey systems will enable Bealls existing workforce to speed up store replenishment helping to continue that growth.

“By implementing Berkshire Grey’s AI-enabled robotic solutions, we can better support our stores with quicker inventory shipments that drive sales while at the same time support our warehouse associates with innovative automation that makes their work more fulfilling,” said Dan Love, President of Bealls Support Group. “Berkshire Grey takes a very different approach to automation than we’ve seen from other suppliers. BG invested the time necessary to understand our business, our operating environments, and our culture. We are confident Berkshire Grey will deliver a flexible scalable solution that will make an immediate positive impact on our distribution operations.”

“Bealls is innovating across their supply chain while ensuring what they implement is the right fit for their business, their operations, and their associates,” says Tom Wagner, Founder and CEO at Berkshire Grey. “By bringing AI-enabled robotic automation into its operations, Bealls is further cementing itself as a retail leader and successfully positioning the company for continued growth in the years to come.”

To learn more about Berkshire Grey, please visit BerkshireGrey.com and follow Berkshire Grey on Facebook, LinkedIn, Twitter and YouTube.

About Berkshire Grey 
Berkshire Grey (Nasdaq: BGRY) helps customers radically change the essential way they do business by delivering game-changing technology that combines AI and robotics to automate fulfillment, supply chain, and logistics operations. Berkshire Grey solutions are a fundamental engine of change that transform pick, pack, move, store, organize, and sort operations to deliver competitive advantage for enterprises serving today’s connected consumers. Berkshire Grey customers include Global 100 retailers and logistics service providers. More information is available at www.berkshiregrey.com.

Berkshire Grey and the Berkshire Grey logo are registered trademarks of Berkshire Grey. Other trademarks referenced are the property of their respective owners.

About Bealls, Inc.
Bealls, Inc. is a privately held company, rich in tradition, still owned by the founding family. Founded in 1915, Bealls has grown to over 525 stores across the United States with online destinations at beallsflorida.com, burkesoutlet.com and homecentric.com. Bealls Stores and beallsflorida.com, are owned and operated by Bealls Stores, Inc. Bealls Stores are the preferred choice for those seeking to live the Florida lifestyle. Bealls Outlet Stores, Burke’s Outlet Stores, Home Centric, burkesoutlet.com, and homecentric.com are owned and operated by Bealls Outlet Stores, Inc.. Bealls Outlet offers great name brands at unbelievable prices.

Contacts:
Method Communications for Berkshire Grey
berkshiregrey@methodcommunications.com

Sara Buda
VP Investor Relations, Berkshire Grey
ir@berkshiregrey.com

 

FAQ

What is the significance of Berkshire Grey's partnership with Bealls, Inc. for BGRY?

The partnership aims to enhance store replenishment capabilities at Bealls, which may positively impact BGRY's market position and growth potential.

How will Berkshire Grey's robotic automation affect Bealls' operations?

It will improve processing capacity and efficiency, allowing Bealls to meet increased customer demand effectively.

What capacity can Bealls handle with Berkshire Grey's robotic systems?

Bealls can process over 55 million units annually using Berkshire Grey's AI-enabled solutions.

When was the announcement regarding the partnership between Berkshire Grey and Bealls made?

The announcement was made on November 11, 2021.