The RangeMe platform has launched in the UK today, enabling buyers at British retailers to source from over 700,000 products and connect with around 200,000 suppliers.
LloydsPharmacy is amongst the first UK chains to adopt the platform, which first launched in 2013 and is now used by over 12,000 retailers in the US, including Walmart, Ulta Beauty, Walgreens, and Albertsons. It has established itself as an industry leader for retail product discovery and claims to be the world’s largest source of brands and products purchased by buyers in the US.
RangeMe aims to help retailers and their buying teams scale product sourcing efforts with streamlined submissions, simplified discovery tools, and an industry-standard digital sell sheet. Buyers can filter searches to find brands meeting exact sourcing needs, with easy connectivity and collaboration with suppliers. Curated collections also help identify and understand category trends and emerging brands.
“Consumers are looking for a variety of products from all over the world and sourcing them online. The British public is no different, yet high street retailers have struggled to offer these products in store or online principally because they don’t have sight of all that’s available in the market. RangeMe will change this for retailers bringing more choice to shopping aisles and a significant revenue opportunity,” said Nicky Jackson, CEO of RangeMe.
“We will pick up the heavy lifting for buyers and present the global product market opportunity in one screen”.
LloydsPharmacy is an early adopter of the RangeMe platform. John Acland, Head of Category Management and E-Commerce at its parent company McKesson UK, commented: “We pride ourselves on offering the widest range of products that meet the highest standards for consumers. RangeMe is already helping us to identify a wider spread of products for our customers. Equally importantly, we will quickly scale our buying operations through the platform and reduce the time to get more products on our shelves.”
RangeMe stated that it is currently looking for British suppliers to join the platform where they can showcase their range, bring new products to market, increase brand visibility, and potentially grow sales.
Jackson added: “Our mission has always been to empower retailers and suppliers to be productive and successful. The world has become a smaller place but it remains distant for forging strong cross border buyer and seller relationships. RangeMe will bridge this gap for buyers and sellers around the world and ensure extraordinary products hit store shelves, faster than ever before.”
