Roundy’s Supermarkets, Balance Innovations win Retail Innovation Award

New York City Roundy’s Supermarkets and Balance Innovations have been chosen as the winners of the IBM Retail User Group's 2010 Retail Innovation Award.

The companies received the award for Roundy's successful implementation of Balance Innovations' vbScout self-checkout management solution. Roundy's installed vbScout to improve the balancing and monitoring of self-checkout units at 90 of its stores. vbScout uses real-time monitoring to provide the status of a self-checkout unit, allowing bookkeepers to save time by balancing the units less frequently and save money by stocking them with appropriate cash levels.

“It is a thrill and a privilege to have our project chosen as the innovation of the year,” said Brian Goedland, business solutions director for retail at Roundy's, Milwaukee, which operates 154 stores in the Midwest. “vbScout has improved our front-end operations tremendously, and it is great to see the project recognized by the IBM Retail User Group.”

The Retail Innovation Award honors a technology solution that enhances the consumer experience, reduces the cost of doing business, speeds up processes, and provides a competitive advantage. The winner of the award is selected by the retail members of the IBM Retail User Group at its annual conference, held this year in San Antonio.

This marks the second time Balance Innovations has won the award since its inception in 2007. The company won the award in that year for its VeriBalance solution.