An Open Letter to the Grocery Industry from Storewise CEO, Chris Greco

Unlocking the Power of Local Competitive Pricing: Introducing PriceFind by Storewise

Greetings, fellow retailers and industry advocates,

At Storewise, we tirelessly work on innovative solutions that will reshape the way Independent grocers approach operating their business, especially managing price image.

I am proud to introduce you to PriceFind, a revolutionary competitive pricing tool that gives weekly prices for competitors’ “store-next-door.” It’s location based, and accurate to the street level on more than 500 key value items.

In today's dynamic retail landscape, staying ahead of the competition is no easy task. Independent grocers face the constant challenge of pricing products competitively while maintaining profitability. That's why we developed PriceFind—to provide you with a game-changing advantage that big-box stores and CPG’s enjoy.

PriceFind is not just another pricing tool; we specifically designed this module (within the Storewise software platform) to provide time-saving intelligence to Independent grocers. It offers near real-time visibility into the pricing strategies of big-box competitors local to your store(s), enabling you to validate and optimize your pricing strategies on the fly.

What sets PriceFind apart is its simplicity and versatility.

We understand that each of you operate in unique market conditions, facing distinct competitors and customer preferences. That's why we made PriceFind fully customizable to your specific area and competitors. You can tailor the tool to align perfectly with your business needs, providing you with the most relevant and actionable data to drive your pricing decisions.

PriceFind is more than a standalone solution; it seamlessly integrates with our signature Price Manager solution. This integration takes pricing intelligence to a whole new level of actionability. With Price Manager, you can quickly analyze your competitors' prices and take immediate action, ensuring you remain competitive in your local markets.

During the beta rollout of PriceFind, we had the pleasure of working with a select group of grocers, and the feedback was nothing short of inspiring. One participant shared that, "Without PriceFind, deep competitive monitoring isn’t feasible…to get the hundreds of items that PriceFind monitors would take days.” These testimonials fuel our passion and drive us to continue innovating and empower Independent grocers like you.

PriceFind marks an exciting milestone for Storewise. It is our first product launch since our partnership with Nexa Equity, and it signifies our commitment to transforming the Independent grocer industry. Together, we are equipping you with the tools and insights necessary to level a hyper-competitive playing field.

If you're as eager to experience the power of PriceFind as we are to share it, I invite you to reach out to our team and schedule a tour. Let us show you how PriceFind can unlock new heights of competitiveness and profitability for your business.

"Without PriceFind, deep competitive monitoring isn’t feasible…to get the hundreds of items that PriceFind monitors would take days.”

Thank you for being a part of the Storewise community. We are honored to serve you and help you succeed. Stay tuned for more exciting updates as we continue our journey to revolutionize retail automation for Independent grocers.

Our best days are ahead,

Christopher Greco

President and CEO, Storewise