| [September 11, 2012] |
 |
Australia's City Farmers Chooses Revionics® Life Cycle Price Optimization Solutions
ROSEVILLE, Calif. --(Business Wire)--
Revionics,
Inc., the leading provider of End-to-End
Merchandise Optimization solutions, which are optimizing 31,000+
retail locations, today announced that City
Farmers, an Australian retailer which combines the provision of pet
supplies with garden and pool products in a large format offering, has
chosen Revionics as their preferred vendor for Price
Optimization and Promotion
Optimization.
After an in-depth vendor search, City Farmers chose Revionics due to
their proven results in the retail industry and the company's SaaS (News - Alert)
delivery model, which would allow City Farmers to quickly and cost
effectively implement the system company-wide and start obtaining
rsults such as an improved value proposition for its customers whilst
at the same time ensuring profits remained robust.
"Partnering with Revionics was an easy decision," commented Clayton
Hollingsworth, City Farmers Chief Executive Officer. "As a data-driven
company we needed a more fact and science-based approach to our pricing
and promotion strategies that would create a stronger value proposition
for our customers. Furthermore, we were impressed with how the
Revionics' platform is a 'dynamic learner' and is essentially the brains
of the operation - the more data you throw at it, the smarter it
becomes," continued Hollingsworth.
"We are honored to be a City Farmers' partner and very proud that one of
the reasons we were chosen was due to our proven track record in the
retail industry - our near 100% retention rate speaks for itself,"
stated Marc Hafner, Revionics President and CEO. "Our SaaS-based
platform was in step with City Farmers' preference to have a data-driven
and science-based system that offers a quick implementation and is easy
and cost-effective to manage. We are excited to be part of their team
that will help improve value for their customers and drive higher
earnings."
About Revionics, Inc.
Revionics
delivers the industry's most powerful End-to-End
Merchandise Optimization solution, enabling retailers of all sizes
to execute a fact-based, shopper-centric merchandising strategy
resulting in enhanced financial performance with improved customer
satisfaction. Revionics' solutions leverage advanced predictive
analytics and demand-based science to ensure retailers have the right
product, price, promotion, placement and space allocation for optimal
results. Offered on a scalable, high performance Cloud-based SaaS
platform, these solutions future-proof retailers from Big Data/Fast Data
challenges, while providing speed-to-ROI. Over 31,000 retail locations
and $95B in annual revenue across grocery, drug, building materials,
convenience, general merchandise, discount, sporting goods stores and
eCommerce sites optimize with Revionics' solutions. Revionics has been
recognized as a Red Herring's Top 100 Americas and JMP Securities' (News - Alert) Hot
100 Software Company. For more information, please visit www.revionics.com.
About City Farmers
City Farmers combines the provision of pet supplies with garden and pool
products, providing everything a customer could need in their
backyard. Founded in 1991, in Western Australia, Australia, on the idea
of selling bulk pet, garden and pool supplies, the brand has enjoyed
rapid growth in 2012 and plans to open a further 10 more stores during
2013. Today, City Farmers stores are located in or near major
metropolitan shopping centers as well as large format retailer centers.
The Company's primary trade occurs in the provision of pet specialty
supplies including premium pet food, grocery pet food, pet accessories,
animal pharmaceuticals as well as live fish and aquatic supplies.

[ Back To TMCnet.com's Homepage ]
|