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:
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:
"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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