October 8, 2004
Florham Park, NJ – October 7, 2004 – KSS, the leading provider of pricing solutions to the convenience retailing sector, today announced the release of the latest version of its’ PriceStrat merchandise pricing solution. Following a series of new PriceStrat client announcements, the new version will be showcased at the NACS show in Las Vegas.
PriceStrat helps retailers gain a better understanding of their customers and markets, giving them the ability to challenge their strategies to identify pricing and promotion tactics that deliver performance objectives in the most profitable way.
Already in use in over 4,000 stores in the US, PriceStrat is helping convenience retailers to plan, execute and measure the success of more effective pricing and promotion policies and to build more efficient underlying business processes, improving market response and enhancing customer price perception.
The new version 3.3 brings richer functionality to the management of product lifecycles from introduction through to clearance, support for a broader range of promotion types (including ad and display features) and enhancements to the reporting & analysis suite.
In addition to showcasing PriceStrat at the NACS Show, KSS will be holding a draw for an all-expenses-paid weekend of golf at St. Andrews in Scotland. Details of the draw and the NACS Show can be found by visiting the KSS website (www.kssg.com).
KSS is the global leading provider of pricing analytics, price management, rules-based pricing and optimization technology and services to fuel retailers and wholesalers in the oil and gas, convenience store, grocery and big box retail industries. KSS clients include global, national and regional companies managing a total of over $100 billion in revenue through more than 20,000 fuel sites and rack terminals, throughout the world. KSS US headquarters are located in Florham Park, NJ with European headquarters in Manchester, UK.
For further information please visit the website at www.kssg.com or contact:
Bob Stein, Chief Executive Officer Tel: +1 (973) 549 1850
Mark Hawtin, Vice President Marketing Tel: +44 (0)161 228 0040
For media inquiries, contact Roy Miller Tel: +1 972 717 3500 ext 235 or rmiller@transsynergy.com
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