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Cumberland Farms selects KSS for Price Optimization 525 sites to utilize KSS PriceNet for fuel pricing

Source: http://www.kssg.com , ,

KSS, a global leader in retail and fuel pricing automation and optimization solutions, announced today that Cumberland Farms, Inc. has selected KSS PriceNet for installation at it’s convenience store fueling locations across the Northeast and Florida.

Bob Stein, chief executive officer of KSS fuels division, said that the KSS PriceNet solution will help Cumberland Farms automate the manual tasks involved in fuel pricing, as well as with modeling and forecasting the effects of prices on volume.

“Cumberland Farms will be able to react quickly to changing market conditions. We are excited to have Cumberland Farms as a customer and look forward to showcasing the value and benefits of KSS PriceNet with them,” said Stein.

KSS PriceNet is available as an on-site, fully integrated pricing system designed to add discipline to the pricing process and help operators make better informed pricing decisions.

About Cumberland Farms

Cumberland Farms is committed to providing its customers with value, convenience and unparalleled service. Its network of retail stores, gas stations, and a support system including petroleum, dairy and grocery distribution operations spans 11 states across the Northeast and Florida, making it the largest convenience store/ petroleum marketer in the Northeast.

About KSS

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 $50bn annual revenue from over 20,000 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, driving more profit to the bottom-line. KSS software is available as an on-site, fully integrated system configured by experienced consultants from US headquarters in Florham Park, NJ and European headquarters in Manchester, UK. For more information visit http://www.kssg.com/

For further information please contact:

Iain Cockburn, Chief Executive Officer Tel: +44 (0)161 228 0040

For media inquiries, contact Roy Miller Tel: +1 972 717 3500 ext 235 or rmiller@transsynergy.com

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