REVIONICS, INC.

The Save Mart Companies Renews Multi-Year Price Optimization Agreement With Revionics

Retrieved on: 
Wednesday, August 19, 2020
Online Retail, Data management, Retail, Technology, Supermarket, Software, Skaggs family, Save Mart Supermarkets, Lucky Stores, Retailers, California, Revionics, Inc., The Save Mart Companies

Revionics , a provider of retail pricing, promotions, markdowns and advanced analytics solutions, today announced that The Save Mart Companies (TSMC), a privately held food chain with 206 stores under the banners of Save Mart, Lucky/Lucky California and FoodMaxx, has renewed a multi-year agreement for Revionics SaaS-based Price Optimization Solution.

Key Points: 
  • Revionics , a provider of retail pricing, promotions, markdowns and advanced analytics solutions, today announced that The Save Mart Companies (TSMC), a privately held food chain with 206 stores under the banners of Save Mart, Lucky/Lucky California and FoodMaxx, has renewed a multi-year agreement for Revionics SaaS-based Price Optimization Solution.
  • We recognize that theres a need to evolve and keep pace with how the market is changing, expressed Oscar Pena, The Save Mart Companies Sr. Director of Pricing & Data Integrity.
  • The Save Mart Companies operates 206 stores throughout California and Northern Nevada under the banners of FoodMaxx, Lucky and Save Mart.
  • The Save Mart Companies is committed to sourcing a wide variety of local products to communities throughout California and Northern Nevada.

METRO France Deploys Revionics Price Optimization and Analytic Services to Better Serve its Professional Customers with Consistent and Fair Pricing

Retrieved on: 
Monday, January 13, 2020
Price optimization, Pricing, Business process management

In addition to Revionics Price Optimization, METRO France is also leveraging Revionics Key Value Item Analysis and Elasticity Workbench to deliver targeted, focused and cohesive prices to its food processor customers while increasing customer engagement.

Key Points: 
  • In addition to Revionics Price Optimization, METRO France is also leveraging Revionics Key Value Item Analysis and Elasticity Workbench to deliver targeted, focused and cohesive prices to its food processor customers while increasing customer engagement.
  • With data-driven pricing and with strong adoption and execution, we are reliably bringing that consistent price strategy to life at the shelf."
  • "With Revionics Price Optimization, we are seeing much stronger and more strategic collaboration across our pricing and category management teams to drive consistent customer-focused price execution," said METRO France Head of Pricing and Master Data, Margot Simon-Beaulieu.
  • "Through meticulous planning and a highly focused category onboarding process, the METRO France and Revionics teams have achieved high-impact business results with outstanding adoption.

Reitan Convenience Norway Deploys Revionics Promotion Optimization for More Targeted Promotions with Enhanced Automation, Efficiency and Collaboration

Retrieved on: 
Tuesday, January 7, 2020
Reitan Group, Economy, Reitan, Factoring, Pricing, Sales promotion, Companies

With these new capabilities, Reitan Convenience Norway, a Reitan Group company, is focused on increasing store traffic and unit sales while achieving better collaboration, automation and efficiencies among the teams involved in promotions.

Key Points: 
  • With these new capabilities, Reitan Convenience Norway, a Reitan Group company, is focused on increasing store traffic and unit sales while achieving better collaboration, automation and efficiencies among the teams involved in promotions.
  • Reitan Convenience Norway is taking advantage of Revionics' leading-edge science, leveraging insights from cannibalization and affinity analysis as well as Promotion Performance Analysis to better focus promotional offers.
  • With more targeted promotions, Reitan Convenience Norway can better engage customers, enhance store traffic and ensure offers contribute to business objectives, including fully factoring in vendor funding.
  • "Using Revionics Promotion Optimization will help us ensure that we are getting the most impact from our vendor funding," said Joachim Paulsen, Head of Pricing for Reitan Convenience Norway.

NRF 2020: Revionics to Host Panel with Bed Bath & Beyond, DICK'S Sporting Goods & Leroy Merlin Brazil on Pricing for the Multichannel Retailer

Retrieved on: 
Monday, January 6, 2020
Competition, Pricing, Retail, Revionics

The panel will be held on Monday, January 13, 2020 from 10:15-10:45 a.m. EST on Stage 2, Expo Level 1.

Key Points: 
  • The panel will be held on Monday, January 13, 2020 from 10:15-10:45 a.m. EST on Stage 2, Expo Level 1.
  • Revionics is a global SaaS provider of science-based pricing, promotion, space and competitive insight for innovative retailers.
  • Revionics helps retailers around the world gain a competitive edge by managing and optimizing their pricing, promotions, markdowns, and space.
  • With Revionics, retailers gain leading-edge capabilities, an invested partner and an evolving solution for today's dynamic retail landscape.

Conrad Electronic Germany Crafts Customer-Centric Pricing with Revionics Machine Learning-Based Price Optimization

Retrieved on: 
Wednesday, December 11, 2019
Articles, Cybernetics, Pricing, Academic disciplines, Microeconomics, Formal sciences, Emerging technologies, Learning, Machine learning, Artificial intelligence, Price optimization, Price elasticity of demand

To price intelligently and competitively across both new and existing items, Conrad turned to Revionics Price Suite.

Key Points: 
  • To price intelligently and competitively across both new and existing items, Conrad turned to Revionics Price Suite.
  • "From our early A/B testing through initial rollout in Germany for our online categories, Revionics' machine learning and modern algorithms have enabled us to determine the exact price elasticity for each category," Drabek notes.
  • "We value Revionics Price Optimization for its transparency, sophisticated machine-learning algorithms and ability to deliver quantifiable business impact."
  • "Revionics is proud to partner with industry leaders like Conrad Electronic who embrace the rapid evolution of retail markets today," said Marc H. Hafner, Revionics chairman and CEO.

Revionics to Host Webinar: The Millennial Mindset: 5 Keys to Success in 2020

Retrieved on: 
Thursday, December 5, 2019
Marketing, Microeconomics, As a service, Revionics, Price markdown, Cloud computing, Retail, Software as a service

AUSTIN, Texas, Dec. 5, 2019 /PRNewswire/ -- Revionics has announced that they will be hosting a webinar on Wednesday, December 11, 2019, 11:00 a.m. EST (10:00 a.m. CST), titled: The Millennial Mindset: 5 Keys to Success in 2020.

Key Points: 
  • AUSTIN, Texas, Dec. 5, 2019 /PRNewswire/ -- Revionics has announced that they will be hosting a webinar on Wednesday, December 11, 2019, 11:00 a.m. EST (10:00 a.m. CST), titled: The Millennial Mindset: 5 Keys to Success in 2020.
  • The upcoming webinar will cover:
    The Millennial generation's impact on the retail world will be huge in 2020.
  • Revionics helps retailers around the world gain a competitive edge by managing and optimizing their pricing, promotions, markdowns, and space.
  • Created by retail experts, Revionics' cloud-based SaaS solutions deliver amazing year-over-year ROI with an attractive total cost of ownership.

Revionics Announces 2019 Elevate Retail Award Winners and Another Successful Insight Event

Retrieved on: 
Tuesday, October 29, 2019

A highlight of the event was the revealing of the Revionics Elevate Award Winners.

Key Points: 
  • A highlight of the event was the revealing of the Revionics Elevate Award Winners.
  • These winners are recognized for their innovation and ability to achieve significant ROI and efficiency improvements through the use of Revionics solutions.
  • The winners were recognized at Revionics Insight 2019, which was successful in attracting retail executives, innovators and thought leaders from around the world.
  • "I am excited to recognize the 2019 Revionics Elevate Award Winners, who embody the powerful business results retailers can achieve by strategically leveraging AI-based price, promotion and markdown solutions," said Marc H. Hafner, Chairman and CEO of Revionics.

Unicoop Tirreno, One of the major Cooperatives in the Coop Italia Group, Renews Revionics Price Optimization to Sustain Product Differentiation Strategy and Support Coherent Pricing Across Multiple Formats

Retrieved on: 
Wednesday, October 16, 2019
Economics, Business, Economy, Price optimization, Pricing, Price, Coop, Program optimization, Mathematical optimization

Building on the five-year usage of Revionics Price Optimization and analytical services including Key Value Item Analysis to fuel its product differentiation and Store Zone Clustering to ensure coherent pricing across multiple banners, Unicoop Tirreno again has executed a renewal agreement for Revionics Price Optimization.

Key Points: 
  • Building on the five-year usage of Revionics Price Optimization and analytical services including Key Value Item Analysis to fuel its product differentiation and Store Zone Clustering to ensure coherent pricing across multiple banners, Unicoop Tirreno again has executed a renewal agreement for Revionics Price Optimization.
  • Across their multi-year collaborative relationship, Unicoop Tirreno and Revionics have delivered multiple benefits to Unicoop and its member-owners.
  • "We continue to unlock value both for the business and for our customers using Revionics," said Unicoop Tirreno Commercial Director Christophe Guiniot.
  • With Revionics' science-based price optimization, we are able to maintain profit targets while driving measurable increases in units and revenue."

Revionics and Conrad Electronics to Co-Present at EHI Retail Institute Conference in Germany on the Value of AI Pricing in Retail

Retrieved on: 
Wednesday, September 25, 2019
Market economics), Business economics, Microeconomics, Marketing, Competition, Pricing, Retail, Artificial intelligence

With AI changing the retail landscape, it's becoming a "must have" for retailers to have AI-based price and promotion solutions.

Key Points: 
  • With AI changing the retail landscape, it's becoming a "must have" for retailers to have AI-based price and promotion solutions.
  • In cooperation with Revionics, they have succeeded in turning data-driven pricing into a key pillar of their value proposition.
  • Revionics helps retailers around the world gain a competitive edge by managing and optimizing their pricing, promotions, markdowns, and space.
  • i Retail Success Requires Personalized, AI-Driven Pricing Strategies, A Revionics-Commissioned Study by Forrester Consulting, October 2018

Revionics' 10th Annual Insight 2019 Forum Tackles Retailers' Pricing Challenges and Need for Agility

Retrieved on: 
Wednesday, September 4, 2019
Marketing, Competition, Pricing, Retail, Revionics, Torrey, Economy

Revionics Insight 2019 is being held September 15-18, 2019, in gorgeous La Jolla, California at the Hilton Torrey Pines.

Key Points: 
  • Revionics Insight 2019 is being held September 15-18, 2019, in gorgeous La Jolla, California at the Hilton Torrey Pines.
  • Revionics is a global SaaS provider of science-based pricing, promotion, space and competitive insight for innovative retailers.
  • Revionics helps retailers around the world gain a competitive edge by managing and optimizing their pricing, promotions, markdowns, and space.
  • With Revionics, retailers gain leading-edge capabilities, an invested partner and an evolving solution for today's dynamic retail landscape.