KSS Retail

PRICE OPTIMIZATION for RETAILERS

Price Optimization from KSS Retail fuses the insight, expertise, and experience of your merchandising and leadership teams, with the proven dynamic science of optimization provided by KSS Retail. By providing an integrated solution that manages both regular and promotional pricing, our retail customers are able to consistently drive greater sales and profits, and implement competitive price strategies that improve price image and market position. Using the KSS Retail PriceStrat tool, a merchant is able to quickly model the effects of regular and promotional prices using the most current data available. Through what-if scenarios, PriceStrat automates the grind of data collection and analysis for faster decision making ...in merchant time.

News

KSS Retail has been acquired by dunnhumby, the leader in customer insight analytics. Kevin Sterneckert, Research Director at AMR has written a brief on “Why dunnhumby’s Bold Move To Purchase KSS Retail Makes a Difference to Retailers and Consumers.” To read more, click here.

7-Eleven Convenience Stores Selects KSS Retail for Price and Promotion Optimization; World’s largest convenience store chain to leverage predictive customer insight

FLORHAM PARK, N.J.— August 19, 2010m— KSS Retail announced today that 7-Eleven Inc., the world’s largest convenience store operator, franchisor and licensee, has selected KSS Retail for its price modeling, forecasting and optimization solution for 7-Eleven® stores in the U.S. and Canada.

KSS Retail to Provide O’Reilly Auto Parts with Price Optimization and Analytics for Improved Customer Value

FLORHAM PARK, N.J.— August 4, 2010 — KSS Retail announced that it has signed an agreement with O’Reilly Automotive, Inc (“O’Reilly”) to provide the auto parts retailer with software applications for price modeling, optimization and market basket customer analytics. O’Reilly is one of the largest specialty retailers of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States, serving both the do-it-yourself and professional installer markets and operated 3,492 stores in 38 states as of June 30, 2010.

Skogen’s Festival Foods Selects KSS Retail for Price and Promotion Optimization

Florham Park, N.J., — May 26, 2010—Festival Foods, based in Onalaska, Wisconsin, announced today that they have selected KSS Retail’s PriceStrat solution for price modeling, forecasting and optimization. Festival Foods is a family-owned company founded in 1946 that operates 13 stores throughout Wisconsin.

BI-LO Supermarkets Selects KSS Retail to Optimize Regular and Promotional Pricing

Florham Park, N.J., May 5, 2010 — BI-LO Supermarkets of Greenville, S.C. has selected KSS Retail as the grocer’s new provider of price modeling, forecasting and price optimization. BI-LO operates 207 stores across the Carolinas, Georgia and Tennessee.

Olean Wholesale selects KSS Retail for Price Modeling and Optimization

Florham Park, N.J., April 08, 2010 — KSS Retail, a leading provider of price modeling and optimization solutions for retailers worldwide, announced today that Olean Wholesale Grocery Cooperative, founded in 1922, has selected the KSS Retail PriceStrat solution for Price Modeling and Optimization.

Reasor’s selects KSS Retail for Price Modeling and Optimization

Florham Park, N.J., March 25, 2010 — KSS Retail, a leading provider of price optimization and customer insight solutions for retailers worldwide, announced today that Reasor’s, based in Tahlequah, Oklahoma, has selected the KSS Retail PriceStrat solution for Price Modeling and Optimization. Reasor’s will utilize the PriceStrat solution to model, forecast and optimize regular and promotional pricing to provide measurable value for its customers.

DUNNHUMBY ACQUIRES KSS RETAIL Global marketing consultancy dunnhumby brings retail pricing expertise to new markets

LONDON ─ Jan. 4, 2010 – International marketing consultancy dunnhumby announced today that it has acquired KSS Retail, a leading provider of price modeling and optimization solutions for retailers worldwide. For the past 20 years dunnhumby has been finding patterns in what customers are buying and why for leading retailers such as Tesco, Kroger and Casino. This acquisition will enable dunnhumby to combine their know-how and expertise with KSS Retail's innovative price modeling and optimization solutions for existing and future clients around the world.

PCC Natural Markets selects KSS Retail for Price Modeling and Optimization

Florham Park, N.J., September 16, 2009 — KSS Retail, a leading provider of price modeling and optimization solutions for retailers worldwide, announced today that Seattle-based PCC Natural Markets (PCC), the largest consumer-owned and operated natural foods retailer in the United States, has selected the KSS Retail PriceStrat solution for Price Modeling and Optimization.

dunnhumby Creates Strategic Alliance With KSS Retail For Pricing Optimization Software

Florham Park, N.J.— June 25, 2009 — KSS Retail, a leading provider of price modeling and optimization solutions for retailers worldwide, announced today that dunnhumby, an international leader in building sales and brand value for consumer goods and retail companies, has formed a strategic alliance with KSS Retail to utilize the KSS PriceStrat solution for price modeling and optimization. The alliance will enable dunnhumby to provide price modeling and optimization focused on the behavior and needs of different customer segments to their existing and future clients in North America and elsewhere. Terms of the agreement were not disclosed.

Lawrence Brothers Supermarkets Selects KSS Retail for Real-Time Price Modeling and Optimization

Florham Park, N.J.— Jan. 29, 2009 — KSS Retail, a leading provider of retail price optimization solutions, announced today that Lawrence Brothers IGA, operators of supermarkets throughout West Texas and New Mexico, has selected KSS Retail for real-time price modeling and optimization. Using the self-learning modeling capabilities of KSS Retail, Lawrence Brothers will provide its merchandising team with the ability to quickly and accurately model, forecast and optimize pricing and promotions.

Associated Food Stores selects KSS Retail for Price and Promotion Optimization

Florham Park, N.J.— Jan. 12, 2009 —KSS Retail, a leading provider of retail price optimization solutions, announced today that Associated Food Stores (AFS), based in Salt Lake City, will implement the KSS Retail price modeling and optimization suite. Associated Food Stores is an independent retailer-owned warehouse that services nearly 500 grocers in eight western states. Leveraging the real-time predictive modeling of KSS Retail, AFS will be able to model, refine, and optimize pricing and promotions to drive value for the consumers of their member stores.

KSS Retail PriceStrat Modeling and Optimization Solution selected by Spartan Stores

Florham Park, N.J. — Jan. 8, 2009 — KSS Retail, a leading provider of retail analytical solutions, announced today that it will license the full KSS PriceStrat optimization suite to Spartan Stores. PriceStrat will provide Spartan’s merchandising group with real-time merchandising simulations. Spartan Stores distributes products to over 400 independent grocers and also owns and operates 100 retail supermarkets in Michigan, including D&W Fresh Markets, Family Fare Supermarkets, Felpausch Food Centers, Glen's Markets and VG’s Food Centers.

Lunds and Byerly’s Selects KSS Retail for Real-Time Price Modeling and Optimization

Florham Park, N.J.— December 16, 2008 — KSS Retail, a leading provider of retail price optimization solutions, announced today that Lund Food Holdings, operators of Lunds and Byerly’s grocery stores in the Twin Cities area of Minnesota, has selected KSS Retail as its provider for price modeling and optimization. Lund Food Holdings will leverage KSS Retail’s real-time modeling capabilities of its price optimization software throughout its merchandising organization.

United Supermarkets Selects KSS Retail for Price Modeling and Optimization

Florham Park, N.J. — Sept. 9, 2008 — KSS Retail, a leading provider of retail price optimization solutions, announced today that United Supermarkets of Lubbock, Texas, has selected KSS Retail as its provider for price modeling and optimization. United Supermarkets, with annual sales in excess of $1 billion, will use the real-time, predictive modeling of KSS Retail’s optimization software to enhance value in the strategic areas of pricing and promotions. United Supermarkets operates stores throughout North Texas under three banners.

Cumberland Farms Convenience Stores Selects KSS Retail for Price Optimization

Florham Park, N.J.— July 23, 2008 — KSS Retail, a leading provider of retail price optimization solutions, announced today that Cumberland Farms, the largest convenience store/ petroleum marketer in the Northeast, has selected the KSS Retail integrated solution for price and promotion optimization. Cumberland Farms will utilize KSS Retail to accurately model, forecast and optimize pricing and promotions. The KSS Retail price optimization solution leverages self-learning demand models, with real-time forecasting and modeling that allows optimization to be used on the front-lines of merchandising.

On-Line Retailer “dabs.com” Selects KSS Retail for Price and Promotion Optimization Wholly owned subsidiary of British Telecommunications plc (BT) to leverage predictive consumer insight

Florham Park, N.J.— July 17, 2008 —dabs.com, an award winning UK based on-line retailer of technology products, announced today their selection of KSS Retail for price and promotion optimization. dabs.com is a wholly owned subsidiary of British Telecommunications plc (BT), and processes around 5000 customer orders daily. KSS Retail will provide dabs.com with its real-time, self-learning price modeling and optimization solution that will provide dabs.com with predictive insight into the effects of pricing and promotional decisions.

Super S Foods Selects KSS Retail to Provide Predictive Pricing Using Price and Promotion Optimization

Florham Park, N.J.—July 1, 2008—Super S Foods, an operator of 49 grocery stores throughout South and Central Texas, announced the selection of KSS Retail as its provider of price and promotional modeling and optimization. Super S Foods, headquartered in San Antonio, Texas, serves numerous communities around San Antonio, Austin, Houston and Corpus Christi. Super S will begin deployment of KSS price optimization software immediately.

Portugal’s Largest Retail Chain, Sonae Distribuição, Selects KSS Retail for Price and Promotion Optimization

Florham Park, N.J. –June 24, 2008–– Sonae Distribuição, operator of more than 630 hypermarkets, supermarkets and non-food stores throughout Portugal, announced today that it has selected the KSS Retail PriceStrat solution for price and promotion management. Sonae Distribuição made the decision to go with KSS Retail’s solution after an extensive evaluation of all offerings in the market. Sonae Distribuição is Portugal's largest retail chain and operates under various brand names, including Continente, Modelo, Modelo Bonjour and Worten.

KSS Retail, formerly known as Knowledge Support Systems Group or KSSG, enables companies to implement consumer-centric merchandising and marketing, set prices strategically, understand customer segmentation, sharpen price image, perform market basket analysis, and create strategic store zones. KSS pricing systems are focused applications of KSS Retail and include grocery price optimization, supermarket price optimization and food price optimization. KSS PriceNet is a fuel pricing solution that utilizes a similar forecasting approach to KSS Retail.