SRG picks Revionics to improve pricing precision

29 Oct '13

2 min read

Revionics, Inc., the leading provider of End-to-End Merchandise Optimisation solutions, announced that they have entered into an agreement with The Spotlight Retail Group (SRG), for their retail chain Spotlight, Australia's largest retail chain of fabric, craft and home interiors superstores, to deliver Revionics Price Optimisation.

After an in-depth industry search, Spotlight chose Revionics due to its proven demand-based science and predictive analytics software, which will help Spotlight leverage their large volumes of data to improve margins, increase top line sales and enhance customer loyalty.

“Being more shopper-centric and data-driven is essential in today’s hypercompetitive market,” stated Quentin Gracanin, SRG Group CEO. “There are several reasons we selected Revionics to help us with this initiative such as their strong track record of delivering results and partnering with retailers to ensure their strategic and financial objectives are met.”

“We are very excited to welcome The SRG Group as one of our customers in the Asia Pacific market,” said Marc Hafner, Revionics President and CEO. “When a large retailer like Spotlight chooses our solution it further demonstrates the need in the marketplace for a more sophisticated and disciplined approach to pricing. We are excited with our relationship with Spotlight and are committed to delivering quick time-to-value and a positive impact to their top and bottom line.”

Revionics

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