Achieving a strong ROI, Boyer’s Food Markets, Inc. renews contract for Revionics® Price Optimization solution
ROSEVILLE, CA - January 12, 2012: Revionics, Inc., the leading provider of retail life cycle price optimization solutions, announced today that Boyer’s Food Market, Inc., which operates 17 full service supermarket locations all throughout Northeastern Pennsylvania, has renewed its service agreement with Revionics due to the positive impact the solution has had on its business including helping increase profits and improving customer loyalty. Boyer’s has been a Revionics customer for over three years and the renewal agreement is for the Revionics® Price Optimization solution, which Boyer’s will continue to leverage throughout all their stores.
Boyer’s chose Revionics solutions to help them with the following objectives:
• Improve the company’s price management strategies through shopper and competitive insights.
• Ensure its team is making fact and science-based decisions around its pricing decisions through a solution that offers in-depth insights, transparency and usability. This will result in pricing products more accurately for optimal sales.
“We chose Revionics because their solution allows us to continually refine our pricing strategies ensuring we are current with market trends and shopper purchasing patterns,” said Anthony Gigliotti, Vice President of Merchandising and Sales/Advertising for Boyer’s Food Markets. “Revionics has proven to be the right partner for us – since leveraging their solution we have achieved an increase in profits and a stronger competitive advantage.”
“We are extremely pleased that Boyer’s has renewed their contract with us due to the results they have experienced by using our price optimization solutions. It is imperative to us that our customers are 100% satisfied with our solutions and continuously obtain a strong ROI while strengthening their market share,” stated Marc Hafner, Revioincs’ President and CEO.
About Revionics, Inc.
Revionics delivers innovative life cycle price optimization solutions to retailers, including base, promotion, and markdown pricing. The Revionics solution leverages an integrated forecast, enabling a coherent view of customer demand across all decision areas. Our proprietary approach applies advanced analytics and science to predict customer behavior, empowering retailers to achieve their financial objectives, improve customer loyalty, and make better, faster decisions. Our solutions are delivered on a modern, fully scalable, software-as-a-service platform. Over 20,000 retail locations across grocery, drug, building materials, convenience, general merchandise, discount and sporting goods stores are priced using Revionics solutions. For more information, please visit www.revionics.com.
About Boyer’s Food Markets, Inc.
Boyer's Food Markets, Inc. operates 17 full service supermarket locations all throughout Northeastern Pennsylvania. In 1949, Boyer's was founded with a corner store in Orwigsburg, PA by the late Harold S. Boyer. Since 1949, the company has grown from that corner store, to a full service Supermarket, meeting and exceeding the needs of today's consumer. For more information, please visit: www.boyersfood.com