Home / Knowledge / News / Information Technology / Family Dollar implements Revionics Price Optimization
Family Dollar implements Revionics Price Optimization
14
Sep '10
Revionics, Inc., a leading provider in retail life cycle price optimization software, announced Family Dollar's successful implementation and rollout of Revionics Everyday Price Optimization solution to all 6,700 stores.

Family Dollar (FDO) is using Revionics' Everyday Price Optimization Solution to help them achieve industry-leading financial performance while still delivering a compelling value and convenience proposition to their customers.

“Before Revionics, our pricing processes were very manual, subjective and tactically-focused,” stated Scott Zucker, VP of Information Technology for Family Dollar. “The Revionics platform allows us to make fact-based pricing decisions across a wide range of product categories and a diverse store base. We can model various pricing strategies, understand the impact on sales and profit, and act quickly to capture the benefits.”

In the end, Family Dollar chose Revionics because it offered the most flexible, intuitive and integrated lifecycle pricing solution in the marketplace. “These selling features had a significant impact on the great adoption we achieved during our implementation,” replied Zucker. View the extended interview with Scott Zucker, VP of Information Technology for Family Dollar.

“Family Dollar has a delicate 'balance' to maintain when it comes to pricing. The company must protect their very powerful price image while simultaneously driving improvements in sales, margin and inventory,” stated Kathleen Egan, Vice President of Professional Services for Revionics.

“Over the past year, Family Dollar has partnered closely with us to innovate our Everyday Pricing solution. This strategic partnership is not only a huge win for both companies; it ultimately benefits Family Dollar customers.”

Revionics Inc


Must ReadView All

Courtesy: Michael Kors

Fashion | On 25th Jul 2017

Michael Kors to acquire Jimmy Choo

Global fashion luxury brand Michael Kors Holdings Limited has reached ...

Apparel/Garments | On 25th Jul 2017

VF Corp posts $2.4 billion revenue for Q2 2017

VF Corporation has recorded revenue of $2.4 billion, up 2 per cent,...

Textiles | On 25th Jul 2017

Egypt signs agreement with UNIDO for cotton production

Egypt has signed a €1.5 million ($1.74 million) cooperation agreement ...

Interviews View All

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X