Pensa

Online Grocery Shoppers Demand Seamless Omnichannel Experience and Convenience, Per New Acosta Group Study

Retrieved on: 
Tuesday, September 12, 2023

JACKSONVILLE, Fla. , Sept. 12, 2023 /PRNewswire/ -- Acosta Group has released the results of its annual online grocery shopping study with its proprietary Shopper Community in advance of Groceryshop, gathering shopper attitudes and preferences and taking a deep dive into online grocery delivery. The study reflects the prevalence of omnichannel shopping and the online shopping fulfillment trends younger consumers are driving.

Key Points: 
  • The study reflects the prevalence of omnichannel shopping and the online shopping fulfillment trends younger consumers are driving.
  • The Acosta Group study reflects a slight uptick in online grocery shopping over last year, with 55% of grocery shoppers buying groceries online at least some of the time.
  • According to the Acosta Group study, 84% of online grocery shoppers report high satisfaction with the online grocery shopping experience.
  • "Today's online grocery shoppers are younger and digitally savvy and are using online grocery shopping in new ways," said John Carroll, President, Acosta Group Digital Commerce and Advanced Analytics.

Pensa Systems Adds James McCann to its Board of Directors

Retrieved on: 
Tuesday, August 22, 2023

AUSTIN, Texas, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Pensa Systems , a leader in automated retail shelf intelligence, today announced that James McCann has joined its Board of Directors.

Key Points: 
  • AUSTIN, Texas, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Pensa Systems , a leader in automated retail shelf intelligence, today announced that James McCann has joined its Board of Directors.
  • In addition to Pensa Systems, he serves as a board member for companies including Afresh and Fetch Rewards.
  • “I am delighted to join Pensa’s Board during such an exciting period for both the company and the grocery retail sector,” said McCann.
  • “We welcome James to our Board of Directors at a key stage in our company’s accelerating growth,” said Richard Schwartz, President and CEO of Pensa Systems.

Pensa Systems Named 2023 Shelf Monitoring Solution of the Year

Retrieved on: 
Thursday, May 4, 2023

Pensa delivers CPG retailers and brands a highly accurate source of truth about shelf inventory through continuous, automated monitoring and feedback of actual retail shelf conditions.

Key Points: 
  • Pensa delivers CPG retailers and brands a highly accurate source of truth about shelf inventory through continuous, automated monitoring and feedback of actual retail shelf conditions.
  • Pensa supports a variety of use cases including in-stock improvement, space optimization, shelf compliance, promotional effectiveness, omnichannel catalog accuracy and automated fulfillment.
  • “Pensa is an end-to-end, automatic capture to insights solution that delivers proven performance improvements versus gap scanning and legacy image capture solutions.
  • Congratulations on being our choice for the ‘Shelf Monitoring Solution of the Year’ award!”
    For more information about just how different Pensa is from traditional gap scanning and image recognition solutions, check out this video short or visit pensasystems.com .

Pensa Launches Retail Shelf Facings Optimization Solution

Retrieved on: 
Tuesday, December 27, 2022

AUSTIN, Texas, Dec. 27, 2022 (GLOBE NEWSWIRE) -- Pensa Systems , a leading innovator in automated retail shelf intelligence, today announced the launch of its facings optimization solution that will help Consumer Packaged Goods (CPG) brands grow revenue through improved retail shelf facings optimization.

Key Points: 
  • AUSTIN, Texas, Dec. 27, 2022 (GLOBE NEWSWIRE) -- Pensa Systems , a leading innovator in automated retail shelf intelligence, today announced the launch of its facings optimization solution that will help Consumer Packaged Goods (CPG) brands grow revenue through improved retail shelf facings optimization.
  • The term “shelf facings” refers to the number of units of a product that are visible from the front of a retail store shelf.
  • In grocery retail, competition between CPG brands for facings is fierce given its direct translation to profitable revenue growth.
  • Pensa closes this gap for CPG brands and retailers by providing a continuous view of actual products on the retail shelf across a wide range of stores and deployed shelf configurations.

Pensa, Lunds & Byerlys to Deploy Industry-first Retailer Program for Syndicated Shelf Intelligence Data Across Every Store and Shelf

Retrieved on: 
Tuesday, April 19, 2022

AUSTIN, Texas, April 19, 2022 (GLOBE NEWSWIRE) -- Lund Food Holdings, Inc.and Pensa Systems today announced a partnership to deploy Pensas automated retail shelf intelligence solution in every Lunds & Byerlys grocery store.

Key Points: 
  • AUSTIN, Texas, April 19, 2022 (GLOBE NEWSWIRE) -- Lund Food Holdings, Inc.and Pensa Systems today announced a partnership to deploy Pensas automated retail shelf intelligence solution in every Lunds & Byerlys grocery store.
  • Stockouts on retail store shelves have been a profit-depleting bane to the industry for decades, costing retailers and brands an estimated $2.2T every year.
  • Lunds & Byerlys store staff will scan every store shelf and product category using Pensas app on Zebra devices .
  • Pensas data and intelligence will be Lunds & Byerlys system of record for shelf KPIs moving forward.

Big Valley Marketing Names Katie Huang Shin as President; Fast-Growing Tech Firm Scales Up to Meet Client Demand

Retrieved on: 
Monday, April 4, 2022

Big Valley Marketing today announced the hiring of prominent technology communicator Katie Huang Shin as president, effective immediately.

Key Points: 
  • Big Valley Marketing today announced the hiring of prominent technology communicator Katie Huang Shin as president, effective immediately.
  • Widely respected for her people-first leadership approach and dedication to client success, Huang Shin will work with founder and CEO Tim Marklein to drive sustainable growth for the tech-focused marketing and communications firm.
  • Prior to AxiCom, Huang Shin held leadership roles at WE Communications, FleishmanHillard, Weber Shandwick, and other independent and holding company-owned agencies.
  • Over the past few years, Big Valley has built a powerhouse leadership team, client roster and differentiated delivery model.

Pensa Partners with Blue Yonder to Deliver Continuous Shelf Monitoring and Compliance to CPG Brands and Retailers

Retrieved on: 
Wednesday, March 23, 2022

Once considered a tactical activity focused on filling shelves, todays category management has emerged as a competitive differentiator.

Key Points: 
  • Once considered a tactical activity focused on filling shelves, todays category management has emerged as a competitive differentiator.
  • Pensa provides continuous monitoring and feedback of actual retail shelf conditions delivering a source of truth about out-of-stocks, shelf effectiveness, and space allocation.
  • Pensa Systems is the leader in automated retail shelf intelligence, powered by patented advanced AI and computer vision.
  • Pensa partners with top CPG brands and retailers globally, including Johnson & Johnson, General Mills, Anheuser-Busch InBev, Circle K, and Unilever to address a trillion-dollar blind spot at a critical time in the industry.

Pensa Systems Named to the 2022 CB Insights Retail Tech 100 List of Most Innovative Retail Startups

Retrieved on: 
Wednesday, March 16, 2022

NEW YORK, March 16, 2022 (GLOBE NEWSWIRE) -- CB Insights today named Pensa Systems , a leading innovator in automated retail shelf intelligence, to its Retail Tech 100 ranking, which showcases the 100 most promising B2B retail tech companies in the world.

Key Points: 
  • NEW YORK, March 16, 2022 (GLOBE NEWSWIRE) -- CB Insights today named Pensa Systems , a leading innovator in automated retail shelf intelligence, to its Retail Tech 100 ranking, which showcases the 100 most promising B2B retail tech companies in the world.
  • The 2022 Retail Tech 100 cohort highlights startups reimagining the retail experience across 13 categories.
  • As the retail landscape evolves, were excited to see how the companies on the Retail Tech 100 continue to revolutionize how consumers shop.
  • "We are honored to have been named to CB Insights 2022 Retail Tech 100 for our innovation in automated retail shelf intelligence," said Richard Schwartz, President and CEO of Pensa Systems.

Pensa Granted Patent for AI That Can Identify On-Shelf Retail Products at Scale While Maintaining High Data Accuracy

Retrieved on: 
Wednesday, February 23, 2022

Pensa previously announced it has visually recognized more than 3 billion CPG product images with higher than 98% accuracy.

Key Points: 
  • Pensa previously announced it has visually recognized more than 3 billion CPG product images with higher than 98% accuracy.
  • Historically, it has been very difficult for AI to identify products at any realistic scale without accuracy degrading.
  • Pensas AI maintains accuracy to accommodate even the largest retail environments, which brings shelf-data accuracy at scale to brands and retailers for the first time.
  • Pensa is the leader in automated retail shelf intelligence, powered by patented advanced AI and computer vision.

Pensa Systems to Discuss New Approaches to Improve On-Shelf Availability and Increase Sales Amidst Unprecedented Industry Disruptions

Retrieved on: 
Tuesday, November 9, 2021

During the discussion, attendees will also gain actionable insights from a recent study of 25,000 CPG brands to understand how the 50 fastest growing brands accelerated sales and market share.

Key Points: 
  • During the discussion, attendees will also gain actionable insights from a recent study of 25,000 CPG brands to understand how the 50 fastest growing brands accelerated sales and market share.
  • Today, brands and retailers can no longer afford to have limited visibility of whats on store shelves.
  • Pensa is the leader in retail shelf intelligence, powered by patented advanced AI and video-based computer vision.
  • Pensa delivers the source of truth about whats happening on the retail shelf to minimize stockouts, increase shelf share, optimize product planning and improve the customer experience for the omnichannel world.