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Kansas City Grocer Cosentino's Food Stores Selects KSS for Price Optimization.


Chain to Leverage Price and Promotion Modeling Capabilities

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) 
, a global leader in retail price 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 Cosentino's Food Stores, operator of Apple Markets, Sun Fresh and Price Chopper Price Chopper may refer to:
  • Price Chopper (New York), a supermarket chain with stores in New York, Massachusetts, New Hampshire, Vermont, Pennsylvania, and Connecticut
  • Price Chopper (Canada), a discount supermarket chain in Canada
 stores in the Kansas City Kansas City, two adjacent cities of the same name, one (1990 pop. 149,767), seat of Wyandotte co., NE Kansas (inc. 1859), the other (1990 pop. 435,146), Clay, Jackson, and Platte counties, NW Mo. (inc. 1850).  area, has selected KSS PriceStrat for price and promotion optimization.

Cosentino's will use KSS PriceStrat as an in-house In-house

In the context of general equities, keeping an activity within the firm. For example, rather than go to the marketplace and sell a security for a client to anyone, an attempt is made to find a buyer to complete the transaction with the firm.
 solution to model, refine and understand the impact of pricing and promotional decisions, before they are implemented. KSS PriceStrat leverages more than a decade of price modeling expertise and experience using an intuitive, desktop interface that provides merchants with the ability to create and model multiple, complex pricing scenarios, in only seconds.

"The benefits of price optimization are becoming well known within the grocery industry," said Dennis Dennis is a male first name derived from the Greco-Roman name Dionysius meaning "servant of Dionysus", the Thracian god of wine, which is ultimately derived from the Greek Dios (Διος, "of Zeus") combined with Nysos or Nysa (Νυσα), where the  Reilly Reilly is a surname distinct from O'Reilly and Riley, and may refer to:

  • Alan Reilly, Irish footballer
  • Ben Reilly, fictional comic-book character
  • Brandon Reilly, frontman of the band "Nightmare of You"
  • Brent Reilly, Australian rules footballer
, chief financial officer of Cosentino's. "By having KSS PriceStrat as an integral part of our pricing plan, we will have insight into the effects of tomorrow's prices and promotions, today. This insight will allow us to continue to provide our customers with the value they have come to expect from our stores."

"Today's grocer, more than ever, is facing extremely competitive and changing market conditions," said Lance Jacobs, chief executive office of KSS' retail division. "Our PriceStrat solution provides merchandisers and category managers with a fast, intuitive application that truly empowers their pricing and promotional decisions. Cosentino's strives to deliver exceptional customer value and we are excited to be working with them to achieve this goal."

About Cosentino's

Since 1948, Cosentino's Food Stores has been family owned and operated. In 1948, Cosentino's started as a single store operation and has grown to be one of the largest ownership groups in the Kansas City area, with stores operating under the banners of Price Chopper, Apple Market and Sun Fresh.

About KSS

KSS is the leading supplier of comprehensive pricing intelligence, optimization and execution solutions to the grocery, chain drug, general retail, convenience retail and petroleum industries. The company helps retailers manage more than $70 billion in annual revenue from more than 22,000 outlets. Retailers use KSS software to model, forecast and optimize optimize - optimisation  the effects of pricing and promotional decisions. PriceStrat and other KSS software are available as an on-site, fully integrated system. For more information, visit www.kssg.com. For media inquiries, contact Roy Miller at (903) 422-5117, or at roy@roygmiller.com. All other inquires please contact Lyle Walker at (972) 733-0465, or at WalkerL@kssg.com.
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Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Article Type:Company overview
Date:Feb 21, 2007
Words:405
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