Ball’s Food Stores Launched Shrink Mitigation Initiative for Enterprise-Wide Profit Improvement

OVERLAND PARK, KS: Ball’s Food Stores (BFS) – an Associated Wholesale Grocers Member – has launched a storewide Profit Improvement Initiative to be facilitated by Smart Retail Solutions and ProfitTrax. The program is built to Reduce Storewide Shrink Loss 15% and Mitigate Store Out of Stocks 18% in 2019 and an additional 10% in 2020.

When asked about this initiative, David Ball – President of BFS said: “We have a great company and we are using ProfitTrax in all of our stores along with the proven best practices taught by SRS. ProfitTrax makes operational sense of our data, simplifies our processes, reduces excess reports and emails, and gives our Store Teams and Merchandisers plain English Action Alerts to improve sales and profit.” 

“Now, we are adding the SRS Shrink Mitigation / Profit Improvement Team Initiative. We are attacking shrink loss in center store and every fresh department with new Operations and Merchandising standards across the company. ProfitTrax has made a major, positive impact on our bottom line and we believe that this Profit Improvement Team approach will amplify those results even further.”

VP of Sales and Marketing – Scott Bayne added, “We are entering Phase 2 of our 2019 Profit Improvement Team Initiative. We started with ProfitTrax to consolidate enterprise-wide data into one place and to guide Operations and Merchandising to our biggest ROI opportunities with a Focus on Fresh. Now, we have everyone on the same page talking about consistent execution of best practices for Profitable Selling. Phase Two is challenging us to work smarter to focus on what we call Ultimate Inventory Optimization, to stop doing what we’ve always done, to rewrite unproductive policies, to simplify operations and set new profit goals. ProfitTrax and the SRS Profit Improvement Program has been, and I am confident will continue to be a big win for us.”

According to Larry Miller, President of Smart Retail Solutions and ProfitTrax, “The BFS Leadership Team is very committed to this Profit Improvement Team Initiative. With ProfitTrax and a focused Team approach, we are working with Operations and Merchandising Teams in every department to energize all Store Associates to be part of their Profit Improvement initiative. The Shrink Mitigation process takes a ‘Team of Teams’ approach to using best technology combined with best-in-class, proven best practices training to achieve sustainable profit gains and excellent ROI.”

About Smart Retail Solutions 
ProfitTrax is the flagship Profit Improvement BI and Best Practices Training Solution developed by Smart Retail Solutions. ProfitTrax is a cloud-based, SaaS, Enterprise Business Intelligence solution that guarantees sales improvement, 15% shrink reduction, customer experience improvement and sustainable store profit improvement. The ProfitTrax advanced analytics interprets store-wide data, performs multi-dimensional analysis, and produces daily Plain English “Action Alerts” using proprietary Narrative Science. For more information, please visit: https://smartretailsolutions.com or call (602) 448-8500.
About Ball’s Food Stores
Ball’s Food Stores’ operates 27 supermarkets in the Kansas City and surrounding markets. Founded in 1923, Ball’s Food Stores is committed to providing its customers with friendly service, quality local products, and value pricing, in clean organized stores while remaining innovative internally, staying on the cutting-edge of retail operations.
Media Contact:
Steven Miller steven@smartretailsolutions.com
Smart Retail Solutions, LLC
(602) 363-4000