Revionics, an Aptos Company

Revionics customer Academy Sports Outdoors is gearing up for new store openings this fall. "Academy is looking forward to helping more active families have fun out there and become the new go-to destination for customers looking for the top brands at the lowest prices," said Eric Friederich, senior VP of retail operations at Academy. https://bit.ly/3Ze8NUs

Let's talk promos. And why they're so important. If you fail to optimize your promotions, you miss opportunities to enhance your price perception on the items your customers care most about. Weakened price perception can result in the loss of customers, market share and profits. Revionics has identified five actions retailers can take to get out of the promotion strategy rut and dramatically improve promotion planning and optimization. https://bit.ly/4dKEAkb

There's a growing consensus with retailers that optimization is needed for price and promotion management. As with most technology decisions, the question to 'build it or buy it' comes into play. We asked Brian Kilcourse, managing partner at RSR Research (Retail Systems Research), to share his views on build vs. buy as it relates to retail price and promotion optimization. Read via the link below access exclusive survey data. 💡 ➡️ https://bit.ly/3XnfGBd

In the UK, Aldi announced a new initiative to ease the financial burden of the back-to-school season. Aldi's Back-to-School Fund includes £100 voucher giveaways and donations to local charities. In Retail Systems, Aldi UK's national sustainability director Liz Fox and Revionics' Matthew Pavich discuss the importance of value and savings as families prepare for the next school term. https://bit.ly/3X7leP0

Several Revionics colleagues attended the MongoDB event in Austin last week. It was a great opportunity to network with other technologists who are passionate about building data-driven applications. Also, Revionics' Aakriti Bhargava participated in a Women In Tech panel, pictured, focused on embracing emerging technologies. Thanks for hosting MongoDB!

Congratulations to REMA 1000 i Norge on once again being recognized as the low price leader in Norway. Below, learn more about the Nettavisen price test that proved that REMA 1000 offered the least expensive shopping cart compared to several other retailers. With the use of electronic shelf labels and Revionics’ leading AI platform, REMA 1000 delivers optimized prices to its stores throughout the day to maintain its price leadership.

Revionics is featured in Gartner's recently published Market Guide for Retail Unified Price, Promotion and Markdown Optimization Applications – Long Life Cycle. Grab a copy of the report via the link below. ➡️ https://bit.ly/4ffSo7r

Developing and implementing AI tools to achieve demand-based optimization at scale requires solving complex problems, as well as a focus on accuracy, scalability and extensibility. Read insights from Aakriti Bhargava in Retail Technology Innovation Hub: https://bit.ly/45bJy61

The back-to-school (BTS) season is a uniquely challenging event for retailers to capitalize on because it’s highly localized, as school start dates differ based on where one lives. In Progressive Grocer, read why having an analytics-informed localized pricing strategy is critical to BTS success. https://bit.ly/4czODHb

Deflation and demand swings have created additional complexities for DIY retailers. In DIY International magazine, Revionics' Matthew Pavich offers advice on sophisticated pricing strategies that can benefit home improvement retailers. 🛠️ https://bit.ly/3ApUnWV