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DemandTec to optimize Dollar General's pricing decisions
21 Jun '11
2 min read
DemandTec Inc, the collaborative optimization network for retailers and consumer products companies, announced that Dollar General Corporation, one of the nation's largest small-box discount retailers with more than 9,500 stores in 35 states, has selected DemandTec's Markdown Optimization, Everyday Price Optimization, and Everyday Price Management software services.
"Using DemandTec, Dollar General will leverage the most advanced science and most comprehensive solution in the industry to optimize pricing decisions across all their stores," said Dan Fishback, President and Chief Executive Officer of DemandTec. "We have built our business on the basis of long-term partnerships with our customers and we look forward to bringing that level of service to Dollar General and supporting their strategic merchandising objectives."
Markdown Optimization, Everyday Price Optimization, and Everyday Price Management are component services of DemandTec Lifecycle Price Optimization™, a comprehensive pricing solution that enables retailers to optimize and strategically manage pricing for the entire store, including new items, regular retails, promoted items, and clearance items. All software services are delivered on DemandTec, a network of shared solutions and services for more than 400 retailers and consumer products companies to transact, interact, and collaborate on core merchandising and marketing activities.
Dollar General Corporation has been delivering value to shoppers for more than 70 years. Dollar General helps shoppers Save time. Save money. Every day!(R) by offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, house wares and seasonal items at low everyday prices in convenient neighborhood locations.
"Using DemandTec, Dollar General will leverage the most advanced science and most comprehensive solution in the industry to optimize pricing decisions across all their stores," said Dan Fishback, President and Chief Executive Officer of DemandTec. "We have built our business on the basis of long-term partnerships with our customers and we look forward to bringing that level of service to Dollar General and supporting their strategic merchandising objectives."
Markdown Optimization, Everyday Price Optimization, and Everyday Price Management are component services of DemandTec Lifecycle Price Optimization™, a comprehensive pricing solution that enables retailers to optimize and strategically manage pricing for the entire store, including new items, regular retails, promoted items, and clearance items. All software services are delivered on DemandTec, a network of shared solutions and services for more than 400 retailers and consumer products companies to transact, interact, and collaborate on core merchandising and marketing activities.
Dollar General Corporation has been delivering value to shoppers for more than 70 years. Dollar General helps shoppers Save time. Save money. Every day!(R) by offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, house wares and seasonal items at low everyday prices in convenient neighborhood locations.
DemandTec Inc
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