BLOOMINGTON, Minn. --Holiday Stationstores has rebuilt its pricing strategy after adjusting its process with the help of Revionics, a software-as-a-service pricing strategy developer.
Before Bloomington, Minn.-based Holiday Stationstores changed course for its 500 units, the retailer relied on its category managers to set prices based on whatever information or intuition they could get their hands on.
After implementing the software from Austin, Texas-based Revionics and adjusting practices, profit margins have improved at 400 Holiday convenience stores in 10 states, according to the company.
Click through for four changes Holiday Stationstores implemented to turn around its pricing strategy …