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May 18, 2004
 

Bashas’ Supermarkets Selects Retail Expert’s NaviStor® and NaviCase®
to Control Shrink and Manage Fraud.

Woburn, Massachusetts -- Retail Expert, Inc., a leading provider of loss prevention exception reporting and performance management technology announced today, that Bashas’ Family of Stores, the nation’s 53rd largest supermarket chain, out of Chandler, Arizona, has selected NaviStor, as their corporate exception reporting solution. Also included in Bashas’ purchase is NaviCase, Retail Expert’s incident tracking and case management application. NaviCase will effectively manage Bashas’ internal and external fraud and liability cases. Retail Expert will also integrate Bashas’ existing digital CCTV store technology into the solution providing a robust loss prevention tool to reduce shrink and increase profits. This seamless, integrated approach developed by Retail Expert will provide Bashas’ with a highly effective loss prevention management solution.

Retail Expert Inc.’s software product, NaviStor manages Key Performance Indicators (KPI’s) 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 will target fraudulent activity and identify when company policies and procedures are not being followed. In addition, NaviStor detects when an associate needs additional training. NaviCase will provide Bashas’ with a tool to compile and organize the data identified by NaviStor, as well as external incidents uncovered by store and field personnel.

“NaviStor offered Bashas’ the flexibility we were looking for and will allow us to set up specific business measurements that will reduce our exposures to shrinkage and improve operational performance. After careful evaluation and a diligent search of the marketplace it became clear that NaviStor from Retail Expert was at the top of our list. Their products, commitment, service and customer satisfaction stood above the rest. We are excited to be partners.,” remarked Denise Brownell, Bashas’ Vice President Loss Prevention.

“ We are excited that Bashas’ has chosen Retail Expert’s suite of Performance Management products after a very comprehensive evaluation of many competitive products,” commented Garrett Knight, President of Retail Expert, Inc. “Our approach to providing seamless product integration between NaviStor exception reporting, NaviCase incident tracking, and our digital CCTV interface will give Bashas’ a complete view of their organizational activities with our automated reporting environment. We are very proud to have been selected to partner with Bashas’ and to now include them in our family of customers.”

About Retail Expert, Inc.

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, Store Operations, Freight Management, Refund Management, Pharmacy Operations, and Inventory Control disciplines. In addition to Bashas’, Retail Expert, Inc.’s customers include: HEB Grocery, CVS/Pharmacy, Rite Aid Corporation, Lund Food Holdings, 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, Schnucks Markets, Barnes & Noble College Booksellers, and Lowes Foods. Visit www.retailexpert.com for more information.

About Bashas' Family of Stores

Brothers Ike and Eddie Basha, Sr. founded Bashas' Markets in 1932. Since then, it has become the largest family-owned supermarket in the state of Arizona and the 53rd largest supermarket chain in the nation. Bashas' has 144 stores in four formats -- Bashas', Bashas' Diné, Food City and AJ's Fine Foods. Bashas' serves every county in Arizona as well as locations in Needles, Calif., and Crownpoint, N.M. For more information, visit www.bashas.com .

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