COSENTINO’s FOODS Grows Fresh Gross Margins 159 basis points

March 4, 2024 | Smart Retail Solutions | Case Studies

WHOLE STORE PROFIT OPTIMIZATION™ Beyond Profit Protection

REAL COMPANIES – REAL RESULTS

The ProfitTrax™ system takes you BEYOND profit protection to preempting internal profit erosion – we Guarantee 5:1 ROI from ProfitTrax AI Technology, Best Practices Training, and SRS proactive support of Operational Implementation Effectiveness. ProfitTrax is dedicated to and understands that our success only results from our retailers’ profit improvement.

WHAT MAKES US BETTER

  1. Your 5:1 ROI is Guaranteed from Store Inventory Management, 15% Shrink Loss Reduction, 18% Increased Gross Margins.
  2. An all-in-one Unified Data Technology Platform to Streamline & Simplify workflow for store operations.
  3. A system to establish an Enterprise-wide Connected Culture of profit-driving Store Inventory Optimization.

COSENTINO FOOD STORES (logo)

CHALLENGE

  • Reduce Storewide Shrink Loss 15% to Grow Gross Margins 18%. (The Promise)
  • Implement centralized data dashboard for data needed to grow sales and reduce shrink.
  • Improve the purposeful use of analytics for daily store walks.
  • Train Store Teams in Proven Store Operations Best Practices.

SOLUTION

  • Implemented ProfitTrax Technology to Streamline and Simplify Operations.
  • Implemented Fresh Item Production Planner and CGO to Optimize Variety and SKU Rationalize to Grow Sales and Standardize Ordering.
  • Trained Store Teams and Supervisors – how to preempt shrink loss – systemically.

OUTCOME

  • Increased Fresh Gross Margins 159 basis points.
  • Improved Inventory Turns in all departments and to improve Storewide Gross Margins.
  • Achieved 85% store and department manager daily best practices execution and technology use.
  • Improved Variety to grow Sales and Gross Margins in Deli, Produce, Bakery.
  • Profit.

Contact: Larry Miller
Email: larry@smartretailsolutions.com
Phone: 480.448.8500
Website: www.smartretailsolutions.com

Cosentino’s Food Stores: “Team ProfitTrax are excellent Profit Improvement Partners. Ordering is smarter, Variety and Inventory Turns are improved, our Fresh Grosses are UP 159 basis points. All stores use ProfitTrax.” – John Stanze