Leading Discount Retailer, Family
Dollar, Implements Revionics Price Optimization
Revionics Pricing Tools Important Factor in Growth Strategies
September 08, 2010 12:04 AM Eastern Daylight Time
ROSEVILLE, Calif.--(EON: Enhanced Online News)--Revionics, Inc., a leading provider in retail life cycle price
optimization software, today 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.”
About Revionics, Inc.
Revionics delivers innovative lifecycle price optimization solutions to retailers, including everyday, promotion, and
markdown pricing. The Revionics technology leverages an integrated forecast, enabling a coherent view of customer
demand across all decision areas. Our proprietary approach, Revenue Bionics™, applies advanced analytics and
science to predict customer behavior, empowering retailers to achieve their financial objectives, improve customer
loyalty, and make better, faster decisions. Our solutions are delivered on a modern, fully scalable, pay-as-you-go,
software-as-a-service platform. Over 20,000 retail locations across grocery, automotive, drug, building materials,
convenience, general merchandise, and discount stores are priced using Revionics solutions. For more information
please visit www.revionics.com.
About Family Dollar:
Operating small store locations nationwide, Family Dollar is one of the fastest-growing discount retail chains in the
United States. Family Dollar offers a core assortment of name-brand and quality consumable merchandise
supplemented by fashion and seasonal merchandise at everyday low prices. Beginning with one store in 1959 in
Charlotte, North Carolina, the Company currently operates more than 6,700 stores in 44 states. Family Dollar
Stores, Inc., a Fortune 500 company, is based in Matthews, North Carolina, just outside of Charlotte and is a
publicly held company with common stock traded on the New York Stock Exchange under the symbol FDO. For
more information, please visit www.familydollar.com.
Contacts
Revionics Press Contact:
Susan Boyme, 916-677-5433
Vice President of Marketing
sboyme@revionics.com
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