Retail Expert, Inc. Partners With Lund Food Holdings to Control Shrink and Manage Operational Performance
Retail Expert, Inc. announced today that Lund
Food Holdings, Inc. has selected NaviStor(R), the leading loss prevention
software, as their corporate exception reporting and performance
management application.
Retail Expert Inc.'s software product, NaviStor(R) manages Key
Performance Indicators (KPIs) for the retail enterprise with a focus
on reducing shortages and improving operational performance. Key
features include exception reporting, scorecarding, data mining,
and automated alerts. NaviStor(R) will identify when company policies
and procedures are not being followed, and when an associate needs
additional training.
"We are pleased to have selected Retail Expert, Inc.'s NaviStor
exception reporting and performance management system," remarked
Carol Martinson, Lund Food's Director of Risk Management. "NaviStor
will offer Lunds flexibility in setting up critical business measurements
to improve our operational performance and reduce our shrink exposure.
We will also track and manage fraud cases using Retail Expert's
new web-based case management solution, myNaviCase. These products
will provide our management team with the tools they need to compete
in today's competitive environment."
"The decision of Lund Food Holdings, Inc. to select Retail
Expert's suite of products for their Loss Prevention needs is exciting.
Our approach to seamless integration with NaviStor's exception reporting
capabilities and myNaviCase, our web enabled incident tracking system,
will provide Lund Food Holdings, Inc. with tremendous value through
the use of our expanding technologies," commented Garrett Knight,
President of Retail Expert, Inc.
Lund Food Holdings, Inc., parent company of Lunds and Byerly's
owns eight Lund and 12 Byerly's stores in the Twin Cities and surrounding
areas. The company took its present form in 1997 with the merger
of Lunds and Byerly's. Both chains specialize in gourmet, high-quality
foods, with locations offering artisan breads, bakeries, a line
of organic foods and natural products, wine stores, florists, catering
services, chef cooking demonstrations, and community meeting rooms.
Byerly's also runs a culinary school out of one of its stores.
Retail Expert, Inc. is a privately owned company with offices in
Boston, Philadelphia and San Diego. Retail Expert Inc. provides
innovative software solutions as well as superior technical and
consulting services for the retail industry. Its applications deliver
significant benefits and rapid ROI in the Loss Prevention, Sales
Audit, Operations, Freight Management, Refund Management and Inventory
Control disciplines.
In addition to Lund Food Holdings, Inc, Retail Expert, Inc.'s customers
include: HEB Grocery, CVS/Pharmacy, Rite Aid Corporation, Food City
(K-VA-T), Linens 'n Things, Marshall's, TJ Maxx, Burlington Coat
Factory, Home Goods, Helzberg Diamonds, Regis Corporation, Spencer
Gifts, Big Y Foods, and Lowes Foods.
Visit retailexpert.com for more information.
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