The viaLink Company (Nasdaq:VLNK) today announced that The Great Atlantic and Pacific Tea Company (A&P) (NYSE:GAP), one of North America’s top 10 retailers, will use viaLink’s syncLink(SM) service to synchronize item, price and promotion data with its trading partners.
A&P operates 750 stores and serves 65 franchise stores in North America.
Go deeper with GlobalData
“We are looking forward to using viaLink’s syncLink service to achieve efficiencies within our supply chain and enable our employees to focus on what really matters — our customers,” said Nick Ioli, A&P’s chief information officer. “As we work with viaLink to bring all our suppliers onto syncLink, we will reduce invoice discrepancies and improve data integrity, allowing our associates to spend less time on administrative tasks and more time focusing on customer service. The supply chain efficiencies we expect to achieve through syncLink should also lead to reduced costs and help to foster better relations with our suppliers.”
Lewis B. “Bucky” Kilbourne, viaLink’s chairman and chief executive officer said, “We are extremely pleased that A&P has selected syncLink to synchronize its critical trading data. This contract marks another significant retailer to choose viaLink, further strengthening our momentum in becoming the industry utility for data synchronization. Our next step will be to attract all the suppliers who serve these leading retailers to form large trading communities and maximize the benefits for all participants. We are excited to welcome A&P to viaLink’s growing customer base and look forward to working with them to extend the advantages of synchronized data to their supplier community.”
About A&P
Founded in 1859, A&P was one of the nation’s first supermarket chains, and is today one of North America’s 10 largest. The company operates in 15 states, the District of Columbia, and Ontario, Canada under the following trade names: A&P, Waldbaum’s, Food Emporium, Super Foodmart, Super Fresh, Farmer Jack, Kohl’s, Sav-A-Center, Dominion, The Barn Markets, Food Basics and Ultra Food & Drug.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataAbout The viaLink Company
The viaLink Company (Nasdaq:VLNK) is a leading provider of subscription-based, business-to-business electronic commerce services that enable food industry participants to efficiently manage their highly complex supply chain information. viaLink’s core service, syncLink(SM), allows manufacturers, wholesalers, distributors, sales agencies (food brokers), retailers and food service operators to communicate and synchronize item, price and promotion information in a more cost-effective and accessible way than has been possible using traditional electronic and paper-based methods. viaLink’s additional services, which are all built on the syncLink foundation, include clearLink(SM) for item movement data, distribuLink(SM) for chain pricing data and sbtLink(SM) for scan based trading. For more information, visit viaLink’s Web site: www.vialink.com.
This release contains forward-looking statements that involve risks and uncertainties. The viaLink Company now resembles a development stage company, which has commenced its planned operations but is only beginning to generate significant revenue. Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are the failure of viaLink’s services to achieve market acceptance; the extent of viaLink’s anticipated operating losses and negative cash flow; viaLink’s ability to raise additional capital including the ability of the company to close the current financing; ability to sign additional customers contracts and/or retain existing customers; intense marketplace competition; rapid technological change and the possible obsolescence of viaLink’s service; dependence on certain key personnel; viaLink’s inability to protect its proprietary technology; viaLink’s reliance on suppliers for the accuracy of information in its database; viaLink’s ability to deliver its services in a timely and secure manner and to protect its systems and facilities from damage, interruption and failures; viaLink’s ability to manage its growth effectively; risks and uncertainties related to international operations; viaLink’s dependence on one or more major customers for a large portion of its revenues; as well as other factors detailed in viaLink’s filings with the Securities and Exchange Commission in the preceding months.
