7-Eleven Inc., the world’s largest convenience store operator, franchisor and licensee, has selected KSS Retail for its price modeling, forecasting and optimization solution for 7-Eleven® stores in the U.S. and Canada. 7-Eleven will use KSS Retail’s PriceStrat and Heartbeat systems to conduct extensive market-basket analytics and affinity analysis to drive more effective promotions. The convenience [...]
7-Eleven Opts for KSS Retail
Posted on 19. Aug, 2010 by KSS Blog Pro in Blog, Press Release
Video: PriceStrat Benefits at Raley’s
Posted on 10. Aug, 2010 by KSS Blog Pro in Blog, Video
Joel Barton, formerly of Raley’s supermarkets, shared his perspective on using KSS Retail for Price Optimization in this video short. He calls PriceStrat, “one of the best software investments we’ve made in the past 10 years.” He explains why competitive pressures dictate that grocers make decisions using predictive modeling and optimization. Says Barton, “We needed [...]
O’Reilly Selects KSS Retail
Posted on 04. Aug, 2010 by KSS Blog Pro in Blog, Press Release
O’Reilly Automotive, Inc. (NASDAQ: ORLY), Springfield, MO, has selected KSS Retail solutions for price modeling, optimization, and market basket customer analytics. O’Reilly is the third largest auto parts chain in the U.S., with 3,469 stores spread over 38 states generating $4.8 billion sales in 2009. In addition to its flagship brand, it operates auto parts [...]
Video: Price Optimization – A Retailer’s POV
Posted on 01. Aug, 2010 by KSS Blog Pro in Blog, Video
Charles Owen, Executive Director of Marketing Technology at Ball’s Supermarkets, discusses his experience using price and promotion optimization from KSS Retail. “Grocers need to understand that they have to do business in a different manner,” says Owen, “because their big competitors are doing business in a different manner.” Ball’s has used KSS Retail to optimize [...]
