AUSTIN, TX – (May 10, 2016) –Revionics, a leading provider of End-to-End Merchandise Optimization solutions, today announced that BJ’s Wholesale Club has entered into a three-year contract for Revionics® Price Suite.
“I am delighted to welcome a strong brand like BJ’s Wholesale Club to the Revionics family of customers,” said Marc H. Hafner, Revionics Chairman and CEO. “As BJ’s embarks on this transformational pricing journey, we look forward to forging a strong partnership with the BJ’s team to deliver more targeted, competitively priced quality assortment for their Members and to contributing to the continuing health of their business.”
The management and price optimization solutions will help improve member-centric prices while taking the competitive landscape into account, as well as align brand and size parity among its single and multipack products.
“We respect Revionics’ track record as an industry leader and growth company making aggressive product investments to sustain their leadership, and we are excited to apply those innovative capabilities to deliver even greater value for BJ’s Members,” said Brian Poulliot, senior vice president of strategic planning and analysis for BJ’s Wholesale Club.
Exciting to see @BJsWholesale working with @Revionics to deliver even greater value for customers! #retail #pricing http://goo.gl/m7WRI8
About Revionics, Inc.
Revionics is a proven leader in End-to-End Merchandise Optimization solutions. More than 62,000 retail locations around the world optimize with Revionics across 18M+ products, and more than 2.6B item/store combinations are modeled weekly. Revionics empowers retailers around the globe to profitably execute a data-driven omni-channel merchandising strategy by utilizing one of the most comprehensive set of shopper demand signals to increase financial performance and improve customer satisfaction. Revionics’ solutions are powered by unmatched demand-based science and advanced predictive analytics to help ensure retailers have the right product, price, promotion, placement and space allocation to drive business performance and seamless shopper experience – online, in-store, social and mobile. Delivered on a scalable, SaaS-based platform, Revionics solutions offer real-time insights and dynamic decisions at speed, scale and frequency, while providing fast ROI. Revionics has been recognized as a Deloitte Technology Fast 500™ and JMP Securities’ Hot 100 Software Company. To learn how you can compete more profitably, please visit www.revionics.com.