Circle K Stores Selects KSS for Fuel Price Automation; Largest Subsidiary of Alimentation Couche-Tard to Use KSS PriceNet to Set Daily Fuel Pump Prices.FLORHAM PARK, N.J. -- KSS KSS Kearns-Sayre Syndrome KSS Komunistická Strana Slovenska (Slovak Communist Party, Slovakia) KSS Kelowna Secondary School (Kelowna, BC, Canada) KSS Kirby Super Star (SNES game) , the global leader in fuel pricing automation and optimization optimization Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics. solutions, announced today that Circle K Stores, a subsidiary of Alimentation Couche-Tard Alimentation Couche-Tard Inc. TSX: ATD.A (a "Couche-Tard" is a "night owl" in French) is the largest Canadian convenience store retailer, operating or franchising over 5,000 stores across Canada, the United States, and in other countries. , has selected the KSS PriceNet solution to automate the chain's fuel pump Fuel pump A mechanical or electrical pump for drawing fuel from a storage tank and forcing it to an engine or furnace. The type of pump chosen for a given fuel depends to a great extent on the volatility of the liquid to be pumped. pricing process. Terms were not disclosed. Circle K, with more than 2,100 sites across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , will use KSS PriceNet to ensure that its fuel prices are strategically appropriate at all locations. KSS is the leading provider of store and fuel center price optimization solutions to the convenience, grocery and drug store industries "The KSS PriceNet solution will allow Circle K to automate the fuel pricing process," said Bob Stein, chief executive officer of KSS' fuels division. "Using KSS PriceNet, Circle K will be able to react quickly to changing market conditions to ensure that it is delivering consistent value to their consumers." KSS PriceNet is an intelligent fuel price management system with the ability to accurately track volume and competitive price moves in the market and manage fuel pump pricing, by grade of fuel and by location. Using the KSS library of consumer demand models, KSS PriceNet provides the basis for understanding and forecasting consumer fuel demand across each store and fuel center, as well as the inter-relationships of these purchases. KSS is the leading supplier of comprehensive pricing intelligence, optimization and execution solutions to the convenience retail, grocery, chain drug and petroleum industries, helping retailers manage in excess of $50 billion annual revenue from more than 15,000 outlets. Retailers use KSS solutions to add discipline to the pricing process, help make better-informed pricing and promotional decisions, and implement decisions more efficiently to drive more profit to the bottom line. KSS software is available as an on-site, fully integrated system configured con·fig·ure tr.v. con·fig·ured, con·fig·ur·ing, con·fig·ures To design, arrange, set up, or shape with a view to specific applications or uses: by experienced consultants from KSS North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. headquarters in Florham Park, N.J., and at its European headquarters in Manchester, United Kingdom. For more information visit www.kssg.com or call 973-549-1850. For media inquiries, contact Roy Miller at 972-717-3500 x235, or at rmiller@transsynergy.com. |
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