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January 18, 2005
 

Fortune 500 Retailers Adopt Retail Expert Inc.'s NaviStor® in 2004

Woburn , MA - Retail Expert, Inc., a leading retail business intelligence software development company announced today that it added ten new retailers to its 2004 list of respected clients. Customers who purchased NaviStor, the preeminent exception reporting and performance management application, also adopted a mix of other products and services. NaviStor is designed to reduce inventory shortage, and improve operational performance. By focusing an organization on problems with their critical business measures called Key Performance Indicators (KPI), the NaviStor suite quickly highlights problem areas that need immediate attention.

“I am very excited to have these customers as our partners,” says Garrett Knight, President/CEO of Retail Expert, Inc. “Our entire company is focused on building the best-of-breed products, and making sure that we deliver the best customer service and value to our clients. We are committed to their success. We look forward to working with all of our customers to make sure that our suite of business intelligence products, NaviStor, NaviScript, NaviCase, and NaviTrack evolve to meet the ever changing requirements of the demanding retail industry.”

The new Retail Expert, Inc. clients include: Lund Food Holdings, Edina, MN; Barnes & Noble College Booksellers, Basking Ridge, NJ; Schnuck Markets, St. Louis, MO; Bashas, Inc. Phoenix, AZ; Toys ‘R Us, Wayne, NJ; Gordmans, Inc., Omaha, NE; The Penn Traffic Company, Syracuse, NY; Vitamin World®, Bohemia, NY; Hannaford Brothers, Portland, ME; and a large San Francisco specialty retailer.

"Our message is clear,” adds John Conmy, Executive Vice President of Retail Expert, Inc. “Retail Expert’s ability to send accurate, customer-endorsed messages to the retail community continues to show great success. We deliver what we advertise and consistently exceed our customers’ high expectations. The benefits and rapid return on investment derived from our products lead the industry; our vision in driving the evolution of our products has proven tough to beat.“

Mr. Conmy attributes much of Retail Expert’s success to the company’s dedicated employees. “The message of their service, credibility, industry knowledge, and responsiveness to our valued customers’ needs is quickly spreading through the voices of our satisfied clients."

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 the newly acquired clients, Retail Expert, Inc.’s customers include: HEB Grocery, CVS/Pharmacy, Rite Aid Corporation, Linens ‘N Things, Marshall’s, TJ Maxx, Burlington Coat Factory, Home Goods, Helzberg Diamonds, Regis Corporation, Spencer Gifts, K-VA-T (Food City), Big Y Foods, and Lowes Foods.

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