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KSS to present at NACSTech Price Optimization Workshop, April 30, 2007


On Monday, April 30, KSS will participate in a two hour workshop at NACSTech entitled, “Price Modeling and Optimization: Moving from Concept to Practice”. The session will feature the following speakers:

-Jon Hauptman, Senior Associate from Willard Bishop Consulting
-Lisa Stewart, President of Impact21
-Bob Phinney, VP of Strategic Pricing, KSS

The session will start with a discussion on pricing strategies and what items drive consumers into a c-store. A discussion of pricing fundamentals and price book best practices will then follow. This will then lead into a presentation of price modeling and optimization, and how it is being used in the c-store industry to drive sales and profits. A panel discussion will follow.

“Price optimization provides a retailer with insight that has been unavailable to them before,” said Bob Phinney, VP of Strategic Pricing at KSS. “As a retailer, you are now able to propose a strategy and create, test and refine the tactics, before implementing a single change in a store. This allows you to create the optimum set of prices and promotions to drive sales and profits.”

For more information on this session please visit NACSTech

 

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