Last updated on June 13th, 2024
Applied Data Corporation, a provider of fresh item management technology for grocery and convenience stores, has entered into an agreement to acquire ShopperKit Inc., the first enterprise-class software built for e-commerce retail fulfillment. The acquisition is a strategic addition to the ADC portfolio and the company says it will result in ADC becoming a leading software provider on the market for ordering, production and fulfillment.
The events of this past year have impacted how retailers do business while simultaneously changing many shopping habits and expectations for consumers. This has put e-commerce fulfillment in high demand, with few providers capable of providing systems that can operate at scale. ShopperKit empowers grocers to extend their brand through the online shopping experience by managing all in-store activities related to fulfillment, customer communication and execution of online orders.
For nearly 30 years, Tampa, Florida-based ADC has been a provider to more than 20,000 grocery and convenience store locations. The company’s SaaS platform of industry-tailored solutions already includes FreshIQ, with innovations including recipe management, label printing, inventory and waste management, food traceability, production planning and ordering. With the addition of ShopperKit’s e-commerce fulfillment, ADC’s products will deliver streamlined store operations across the entire food lifecycle.
“This is an exciting time in ADC history. The ShopperKit team and platform are helping retailers gain control of their in-store fulfillment strategies, a critical component required to maintain their digital brands,” said Shamus Hines, CEO of ADC. “As a company, we are committed to enhancing all store operations for food retailers. The addition of ShopperKit will give our customers a unified approach to their omnichannel strategy while providing them with visibility into store operations with user-friendly products that help grow sales, cut costs and improve operational efficiencies. This will allow ADC to expand our vision to include broad demand forecasting not just in fresh but also for the center aisles both in-store and online.”
ShopperKit will join ADC’s product suite purpose-built for grocery and convenience store operators and will further enhance ADC’s platform offerings to empower food retailers with the tools they need to achieve a unified demand forecast from online to in-store. Bringing ShopperKit into the ADC family will enable them to leverage ADC’s significant investment in sales, marketing and software development to accelerate ShopperKit growth.
“The synergies between ShopperKit and ADC complement each other. Being a part of the ADC team will bring demand forecasting to the next level and give customers a clear view into their store operations while also expanding our capabilities into the convenience store space,” said Steve Paro, head of ShopperKit.
“Our vision for seeing ShopperKit become the leader in retail fulfillment is advanced by combining with ADC. This combination creates a unique set of capabilities needed to manage modern store operations. I am excited to help with the integrations of these two companies and seeing that vision become a reality,” said ShopperKit CEO Jack Record.
With this acquisition, work will immediately begin on an integration between the FreshIQ and ShopperKit platforms, and in the coming weeks, the ADC website will be enhanced to show the full scope of the combined company.
