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Sam's Club Selects KSS for Retail Pricing Solution


KSS PriceNet provides automation for fuel pricing process

 

Florham Park, N.J.–Aug. 2, 2007 – KSS, a global leader in intelligent retail pricing solutions, announced today that Sam’s Club, a division of Wal-Mart Stores Inc., has selected KSS PriceNet to automate and streamline processes for daily pricing at its retail fuel centers.

KSS PriceNet is a centrally managed retail fuel pricing system that will allow Sam’s Club to efficiently manage the volatility of fuel pricing to ensure it is delivering consistent customer value. Sam’s Club operates 433 fuel centers across North America and Canada.

“We selected KSS after an extensive capabilities analysis and have been very pleased with the benefits we have realized from using PriceNet,” said Rich Ezell, Senior Strategy Manager-Fuel. “Our goal is to deliver consistent value to our members and KSS PriceNet provides us the ability to make sure we are accomplishing this, while complying with an ever-changing legislative environment.”

“We are extremely pleased to be working with Sam’s Club and look forward to helping them capture the benefits that PriceNet brings.” said Bob Stein, Chief Executive Officer of the KSS Fuel Group. “PriceNet will provide Sam’s Club automation, structure and compliance around a very volatile process.”

KSS PriceNet provides retail automation and optimization to fuel retailers around the
world. Leveraging more than 13 years of data modeling experience, KSS provides intelligent pricing solutions for both fuel center pricing and in-store price modeling and optimization. KSS solutions are currently optimizing prices for over 25,000 retail sites.

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