Revionics

The grocery retailer Rimi Baltic, which is part of Swedish ICA Group, is now using the Symphony AI platform also to tailor assortment of its 308 stores precisely to the needs of its customers. The Baltic company has been using Symphony AI for store and shelf space optimisation since 2022 in order to increase the efficiency of its sales areas.

Tests in some stores and even framework agreements with technology suppliers are not yet proof that electronic labels will soon be seen in all stores. Retailers will only achieve a rapid ROI if they use the labels to react more dynamically to market developments with intelligent price optimisation solutions, to optimise in-store processes or to offer customers significant additional benefits.

Douglas has chosen Relex to optimise its inventory along its entire supply chain and from a single source for its online and brick-and-mortar business. Hardly any software provider is currently reporting more success in retail than Relex. The Finnish specialist was able to report 33 new customers last year.

In less than a year, Rimi Baltic, a grocery retailer belonging to the Swedish ICA Group, has switched its pricing to the optimisation solution from Revionics, a pricing specialist recently acquired by Aptos. This has increased sales of its 280 stores in Estonia, Latvia and Lithuania.