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Storewise Introduces PriceFind: Empowering Independent Grocers with Hyperlocal Competitive Pricing Insights

Gracie Gottlieb | 7 August, 2023

In today's fiercely competitive grocery market, independent grocers often struggle to keep up with the pricing strategies of larger, national players. But now, Storewise, a leading provider of retail automation software, is leveling the playing field with the introduction of PriceFind – a revolutionary competitive pricing tool that empowers independent grocers with hyperlocal pricing insights.

With PriceFind, independent grocers gain instant visibility into their competitors' pricing on hundreds of Key Value Items (KVIs). This unprecedented level of hyperlocal competitive intelligence allows grocers to see exactly where their KVI prices stand amongst certain regional and national competitors in their local area.

The benefits of PriceFind are unparalleled. Grocers can access prices on up to 500 items at three competitor locations, all consolidated within one report. Not only is this a time-saving feature, but it also offers significant value, as Storewise's pricing reports are accurate up to street level, updated weekly, and audited both online and in-store.

What sets PriceFind apart from existing industry offerings is its high degree of customization. Independent grocers can tailor the tool to their specific area and competitors, ensuring that the insights they receive are relevant to their particular market. And with an attractive, promotional subscription rate, any independent grocer can take advantage of this game-changing tool.

In addition to PriceFind, Storewise has integrated competitive pricing intelligence into its signature Price Manager solution. This integration unlocks a new level of actionability for grocers. With the Storewise Price Manager solution, grocers can easily view their competitors' prices, take immediate action, and stay competitive in their local markets – all in less time than it takes to fill a gas tank.

During the beta rollout of PriceFind, select grocers had the opportunity to experience its power firsthand. Brent Thaxton, President of Thaxton's Market Inc., shared his enthusiasm, stating, "Without PriceFind, deep competitive monitoring isn't feasible. To manually check competitors' prices for the hundreds of items that PriceFind monitors would take days."

Christopher Greco, President and CEO of Storewise, expressed his excitement about the launch of PriceFind, saying, "We're thrilled to arm independent grocers with this next level of intel on their competitors. In the battle against big-box retailers, this kind of transparency provides an undeniable advantage. A grocer can simply type in their store address and instantly view prices for the competitive store next door."

The development of PriceFind is an exciting milestone for Storewise, as it marks the company's first new product since receiving investment from Nexa Equity. Nexa Equity, an application software and fintech-focused private equity firm, has fueled Storewise's commitment to supporting independent grocers and driving innovation in the industry.

Storewise is a leading provider of retailer automation software, with headquarters in Kansas City. The company's mission is to help independent grocers operate more efficiently and compete against big-box retailers. Storewise achieves this by providing an easy-to-use software platform that increases profit, automates manual tasks, and reduces errors. With more than 900 stores across the country already benefiting from their platform, Storewise continues to make waves in the grocery industry.

To learn more about the Storewise platform and experience its capabilities firsthand, visit [www.storewise.io](https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.storewise.io&esheet=53509094&newsitemid=20230807673858&lan=en-US&anchor=www.storewise.io&index=1&md5=5b004fe2b7f70d443c3337067b03d6cb). Discover how Storewise can transform your independent grocery business and give you the competitive edge needed to thrive in today's challenging market.

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