Prominent Retail Technology Executive Named as Advisor to SkuLoop

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Lori J. Schafer joins board of advisors for retail technology provider.

SkuLoop’s white label site allows retailers to engage in unique, engaging promotions on their own terms driving higher sales and margin,” says Schafer.

SkuLoop, the leading provider of white label flash sales, group buys and other social commerce driven promotions to retailers and consumer brands announced that Lori J. Schafer has been named as an Advisor to the company. "We are pleased that Lori is working with us to help retailers take back control in the latest capabilities of flash sales and other social media and mobile promotions," said Michelle Crames, Founder & CEO of SkuLoop. "She brings an understanding and grasp of retail and technology which will be invaluable as we continue to add new retailers to our business."

“I’ve spoken to many retailers who want to do their own flash sales, group buys, digital games and other digital promotions, but are reticent to engage third party sites due to the expense and logistics,” says Schafer. “SkuLoop’s white label site allows retailers to engage in these unique, engaging promotions on their own terms driving higher sales and margin.”

Lori Schafer is an entrepreneur with over twenty-five years of experience in retail and consumer-packaged goods' marketing, merchandising and technology. She is Executive Advisor, Retail for SAS Institute and recently coauthored a business book Best Seller, Branded! How Retailers Engage Consumers with Social Media and Mobility, which now has worldwide distribution and has been translated into multiple languages. Schafer has and continues to serve on the board of directors of various public and private retailers and technology companies as well as the National Retail Federation, Retail Connections and as a faculty member of the International Institute of Analytics (IIA) Retail Analytics Research Council.

Prior to her tenure at SAS, Schafer served as Chairman and Chief Executive Officer of Marketmax, Inc., a merchandise intelligence software company acquired by SAS in 2003. She built and directed Marketmax operations since 1996 and established its brand name reputation among some of the world’s most prominent retailers.

About SkuLoop
SkuLoop enables retailers to take back control of new types of web, mobile and social-media-enabled promotions, including group buys, flash sales, game commerce, location-based offers, digital ads and circulars, and much more. SkuLoop’s products and promotions have outperformed outsourced popular flash sale providers for clients while maximizing both retailer control and consumer activity - all while increasing net margin. Created by a team of retail and technology leaders with the mission of ensuring retailers' success and growth, SkuLoop is financed by some of the world's leading innovators to build on key consumer trends and adapt them to the current needs of retailers.
For more information, visit http://www.skuloop.com or follow us on Twitter @sku_loop.

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Lolita Carrico
lolita@skuloop.com
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