AUSTIN, Texas, Nov. 28, 2017 /PRNewswire/ -- A user of Revionics® Price Suite since 2014, North American pet specialty retail leader PetSmart, Inc. has extended its relationship with Revionics to now cover Revionics' full suite of solutions, including Revionics Price Suite, Promotion Suite (including Promotions Performance Analysis), and Markdown Suite. The new license agreement enables PetSmart, which was a winner of a 2016 Revionics Elevate Retail Award, to continue its pricing transformation journey with a more strategic, data-driven approach to pricing across the full life cycle.
As part of its strategic, customer-focused approach, PetSmart has also enhanced its pricing team's expertise with robust training and process improvements to deliver more relevant pricing, enhance its promotions and track the effectiveness of its programs.
"We look forward to expanding our use of Revionics' data-driven technology," said Steve Luoma, PetSmart vice president of Pricing. "The full portfolio of solutions will help us provide even greater value to our pet parents and further enhance the overall customer experience."
"Since first partnering with PetSmart in 2014, we've continued to unlock new ways to use science to give PetSmart and its shoppers more value," said Revionics Chairman and CEO Marc H. Hafner. "This is an exciting milestone, and we look forward to our continued collaboration with PetSmart."
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About Revionics, Inc.
Revionics helps retailers around the world gain a competitive edge by managing and optimizing their pricing, promotions, markdowns, and space. Created by retail experts, our cloud-based SaaS solutions deliver amazing year-over-year ROI with an attractive total cost of ownership.
Embracing the retail and science in our core DNA, we deliver machine learning solutions that retailers use to translate shopper insights and competitive response into high-impact results. With Revionics retailers gain leading-edge capabilities, an invested partner, and an evolving solution for today's dynamic retail landscape.
Predictive. Prescriptive. Profitable Retailing. Expect Nothing Less.
Contact: Alison Raffalovich
Senior Director, Corporate Communications
Phone: +1 (512) 826-0538
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SOURCE Revionics, Inc.