Earth Fare Optimizes with Revionics
SACRAMENTO, CA, MAY 2, 2007: Revionics, Inc. today announced that Earth Fare, The Healthy Supermarket, has chosen the Revionics Price Optimization software service and they will be implementing the Revionics Advanced Pricing System (RAPS) at their stores this Spring. Revionics provides advanced, adaptable and affordable Software-as-a-Service (SaaS) solutions via a weekly subscription model over the internet.
Earth Fare, based in scenic Asheville, North Carolina, owns and operates 11 stores located throughout the Southeast. The company has a rich legacy of being the first natural food store in the region operating there since 1975. Earth Fare also positions itself as the company with the best tasting, local, natural, and organic foods available. The company is known for setting industry standards for food quality and award winning service, recently receiving the coveted Ernst & Young Entrepreneur of the Year award for the Southeastern United States.
“Revionics’ price optimization takes our pricing strategy to the next level,” said David Bowles, Director of Purchasing for Earth Fare, “We can now focus more on other aspects of servicing the customer because Revionics automates and improves many of the tasks related to pricing. Earth Fare expects to see a margin increase through weekly optimization of all product categories, including DSD.”
“Revionics is proud to have Earth Fare as a new member of our customer community,” said Todd P. Michaud, President and CEO of Revionics who added, “Revionics is great fit for specialty retailers such as Earth Fare, as we are able to fine-tune their pricing strategies and respond to their unique customer base on a weekly basis. Earth Fare will join other natural food stores experiencing the benefits of Revionics price optimization.”
About Revionics, Inc.
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Revionics is a leading provider of price optimization systems to Independent Retailers. Revionics’ Retail Advanced Pricing System (RAPS) generates increased sales and profits through sophisticated price optimization technology as a subscription-based, Software as a Service (SaaS). Using RAPS, retailers can manage information from multiple distributors, manage multiple stores’ prices from one screen, and manage Temporary Price Reductions from several manufacturers.