The Retail Equation Expands Services Into Canada

Expansion Supports Retailers’ Growing Demand for Company’s Optimization Solutions

The Retail Equation, the industry leader in retail transaction optimization solutions, recently announced it has expanded its services into the Canadian retail market. With solutions already deployed in virtually every mall in America, The Retail Equation is expanding to meet the requests of clients operating throughout North America. The company’s solutions help retailers improve the consumer experience at the return counter, while preventing fraudulent and abusive return activities.

“On average, retailers using TRE's solutions are seeing an eight percent reduction in return rate and 13 percent reduction to shrink." said Mark Hammond, chairman and CEO of The Retail Equation. “We are eager to bring these solutions to Canadian retailers to help them generate increased revenue and profits, while keeping their consumers happy with friendly return policies that still mitigate risk.”

The Retail Equation’s return optimization solutions offer retailers several benefits, including reduced return rate, reduced shrink, improved shopper satisfaction, higher store comps and net sales, streamlined associate procedures, and the ability to implement more flexible return policies.

About The Retail Equation
The Retail Equation, headquartered in Irvine, Calif., optimizes retailers’ revenue and margin by shaping behavior in every customer transaction. The company’s solutions use predictive analytics to turn each individual shopper visit into a more profitable experience. This yields immediate financial payback, increasing store comps by as much as 2 percent, with significant return on investment. The Software-as-a-Service applications operate in more than 27,000 stores in North America, supporting a diverse retail base of specialty apparel, footwear, hard goods, department, big box, auto parts and more. For more information, visit www.theretailequation.com.