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Florham Park, NJ – July 28, 2008 – KSS, the global leading supplier of fuels pricing analytics, execution and optimization systems to the oil & gas, convenience store, grocery and big box retail industries, announces that Circle K Stores Inc has expanded its existing licensing agreement for the KSS PriceNet system to accommodate over 124 additional retail locations in the northeastern region of the United States.
“We are delighted that Circle K continues to recognize the value of our systems and our people by expanding the use of PriceNet across their network,” said Bob Stein, KSS chief executive officer and president.
PriceNet is an end-to-end pricing solution supporting the key tasks and stakeholders involved in retail fuels pricing, from capturing field-based intelligence at the site level to the generation of price proposals, via comprehensive pricing rules or price optimization, to consistent and timely implementation. High levels of automation and an ‘exception-based’ approach ensure a rapid response to competitors and market conditions and allow pricing analysts to leverage the power of pricing analytics.
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