End-to-end merchandise optimisation solutions provider Revionics will deploy its Price Suite at BJ’s Wholesale Club through a three-year contract.
The management and price optimisation solution will help improve member-centric prices while taking the competitive landscape into account, as well as align brand and size parity among its single and multipack products.
Revionics chairman and CEO Marc H Hafner said: "As BJ’s embarks on this transformational pricing journey, we look forward to forging a strong partnership with the BJ’s team to deliver more targeted, competitively priced quality assortment for their members and to contributing to the continuing health of their business."
BJ’s Wholesale Club senior vice-president of strategic planning and analysis Brian Poulliot said: "We respect Revionics’ track record as an industry leader and growth company, making aggressive product investments to sustain their leadership."
Revionics solutions are powered by advanced predictive analytics to help ensure retailers have the right product, price, promotion, placement and space allocation, in order to drive business performance and offer a seamless shopper experience.
Delivered on a scalable, SaaS-based platform, Revionics solutions offer real-time insights and help to take dynamic decisions at speed, scale and frequency, while providing fast return on investment.
BJ’s Wholesale Club is a US-based membership-only warehouse club chain operating on the East Coast, as well as in the US state of Ohio.
It has more than 200 locations.