Business Services Industry

Save Mart Supermarkets Selects TradePoint Solutions for Promotion Management

Business Wire, Sept 13, 2005

MODESTO, Calif. -- Save Mart Supermarkets, a leading regional grocery chain operating 123 stores in the western U.S., is launching TradePoint Solutions' web-based platform for promotion allowance management. TradePoint enables Save Mart to collaborate effectively with its suppliers, lowering process costs and improving communications with trading partners.

"For Save Mart and our suppliers, TradePoint's promotion management system reduces errors and saves time. The new system will help drive ROI for us and our vendors," said Cecil Russell, Vice President of Merchandising/Marketing, Save Mart Supermarkets.

Mike Frandsen, CEO of TradePoint Solutions, said, "We're pleased to support Save Mart and its supplier community. TradePoint has developed the leading network for suppliers to manage promotions with their retail customers. The participation of Save Mart makes our network more valuable to all our customers."

TradePoint hosts a web-based solution that automates promotion workflow and replaces a paper-based process with a real-time business application. Over one thousand companies use the TradePoint Solutions network to present, negotiate, and document trade promotions.

About Save Mart Supermarkets

Save Mart Supermarkets, one of California's leading supermarket chains, is an independently owned and operated grocery chain, with 123 stores in the state of California. The Chairman and Chief Executive Officer, is Bob Piccinini. Headquartered in Modesto, CA, Save Mart's portfolio includes 73 stores operating under the Save Mart Supermarkets banner, 6 stores operating under the S-Mart Foods banner, and 44 stores operating under the FoodMaxx banner. Save Mart also owns and operates SMART refrigerated transport, Yosemite Wholesale Warehouse, and Yosemite advertising, and is a partner in Super Store Industries.

About TradePoint Solutions

TradePoint Solutions is the leading provider of web-based services that simplify the presentation, negotiation, and documentation of promotion allowances. Headquartered in Pleasanton, California, TradePoint can be contacted at 925-460-0501 or at www.tradepointsolutions.com.

COPYRIGHT 2005 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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