North State Grocery Implementing Strategic Pricing System
SACRAMENTO , CA - December 04, 2006 | Revionics, Inc. today announced that North State Grocery with 21 stores, operating under the Holiday Quality Foods and Sav-Mor Foods banners, has started implementing the Revionics Price Optimization system. This Internet-based software service is designed to help retailers increase net profits and revenues by statistically analyzing and recommending more successful pricing strategies.
North State Grocery, based in Cottonwood , CA , operates traditional full service supermarkets and price impact stores located throughout Northern California, primarily in the Sacramento Valley and the adjacent Sierra-Nevada Mountains . The retailer has developed a reputation for being an early adopter in the deployment of new and innovative technology.
“This move further illustrates our long standing commitment to leverage advanced technology to help us improve profitability while maintaining our focus on giving the consumer a great shopping experience,” said Richard Morgan, Jr., President of North State Grocery. “One of the most appealing things about the Revionics approach is their ability to integrate in a non-disruptive way with our existing technology.”
“We are absolutely delighted to be partnering with North State Grocery,” said Todd P. Michaud, President and CEO of Revionics who added, “they are well known in California as a great independent retailer and we intend to make sure that this partnership is a very positive experience for them.”
About Revionics, Inc.
Revionics is the 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. For more information please visit www.revionics.com.
Media contact: Susan Boyme
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