1. Market Data
September 26, 2016

Lowe’s Mexico deploys Upstream Commerce’s competitive pricing and assortment tools

Lowe's Mexico has partnered with Upstream Commerce to deploy competitive pricing and assortment tools for thousands of products.

Lowe's Mexico has partnered with Upstream Commerce to deploy competitive pricing and assortment tools for thousands of products.

Lowe’s Mexico shopping experience director Luis Eduardo Herrera said: "As we continue to focus on providing better omni-channel customer experiences and enhance our revenues and margin, we chose Upstream Commerce for its forward-thinking global competitive intelligence solutions."

"Lowe's is dedicated to providing the best products and competitive prices in the home improvement and appliance industry."

Upstream Commerce co-founder and CEO Amos Peleg said: "Lowe's is dedicated to providing the best products and competitive prices in the home improvement and appliance industry.

"As we increase our footprint in South America, we look forward to helping Lowe's Mexico maintain this leadership position through using the best, most competitive intelligence and optimisation tools on the market."

Home furnishing retailer Lowe entered Mexico in 2010, and currently has stores in Monterrey, Saltillo, Hermosillo and Culiacan.

US-based Lowe’s has more than 1,750 home improvement stores in the US, Canada and Mexico.

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Upstream Commerce provides SaaS-based intelligence and predictive analytics solutions to enable retailers price, select merchandise, and manage products in order to maximise sales and optimise margins.