Implementing Science-Based Data-Driven Pricing
Austin, TX /PRNewswire/ - Ahold USA businesses recently selected Revionics Price Suite for price optimization, embodying their commitment to adopting leading technology to drive bottom-line business results and better serve their customers. In selecting Revionics, Peapod and Ahold USA's retail brands, including Stop & Shop, Giant Landover, and Giant/Martin's, each plan to deploy the Price Suite. Initially the deployment focus will be on center store and perishables, supporting their innovation and leadership in fresh categories.
"Revionics will help Ahold USA brands deliver on their 'better place to shop' promise," said Nick Bertram, senior vice president of merchandising at Ahold USA. "Our brands will leverage Revionics Price Suite to better align pricing with their customer preferences in their diverse and growing customer base while delivering powerful business impact."
"Ahold USA businesses continue to deliver on their commitment to make life a little easier, healthier and more affordable for everyone, and we are proud to partner with them to make that goal a success," said Marc H. Hafner, Revionics' chairman and CEO. "We are very pleased to welcome Ahold USA brands to our growing worldwide customer base."
Very exciting to deepen relationship w/ brands of @AholdDelhaize - Ahold USA now in the @Revionics customer family! http://bit.ly/2vTPcrv
About Ahold USA
Ahold USA is a proud company of Ahold Delhaize, one of the world's largest food retail groups, a leader in supermarkets and e-commerce, and a company at the forefront of sustainable retailing. Ahold USA supports four regional Brands – Stop & Shop New England, Stop & Shop New York Metro, Giant Landover, and Giant Carlisle – that together operate approximately 780 supermarkets with 115,000 associates in 14 states and the District of Columbia along with Peapod, the nation's leading e-commerce grocery shopping/delivery service. For more information, visit www.aholddelhaize.com.
About Revionics, Inc.
Revionics is a global leader in profit optimization services and solutions. Our unparalleled analytics and science serve as the backbone of omni-channel retailing to help performance-driven retailers execute profitable pricing, promotion, markdown, and space decisions with predictable business outcomes. The result: achieve speed to value and ROI, improve margins, drive top-line sales and respond faster with precision.
Revionics' SaaS-based model integrates analytics, technology and services to deliver an unmatched advantage for retailers – Competitive Insights, Price Suite, Promotion Suite, Markdown Suite, and Space and Assortment Suite – all from a predictive platform to drive long-term growth.
Trusted by some of the most profitable retail brands, Revionics optimizes across more than 18 million products and more than 2.6 billion item/store combinations are modeled weekly. Learn more at www.revionics.com.
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SOURCE: Revionics, Inc.Copyright 2017 PR Newswire. All Rights Reserved