FLORHAM PARK, N.J. -- Circle K Stores Inc., a subsidiary of Alimentation Couche-Tard Inc., has expanded its existing licensing agreement for the KSS PriceNet system to accommodate more than 124 additional retail locations in the northeastern region of the United States.
PriceNet is an end-to-end pricing solution supporting the key tasks and stakeholders involved in retail fuels pricing, from capturing field-based intelligence at the site level to the generation of price proposals, via comprehensive pricing rules or price optimization, to consistent and timely implementation. [image-nocss] High levels of automation and an "exception-based" approach ensure a rapid response to competitors and market conditions and allow pricing analysts to leverage the power of pricing analytics.
KSS is the global leading provider of fuels pricing analytics, price management, rules-based pricing and optimization technology and services to fuel retailers and wholesalers in the oil and gas, convenience store, grocery and big-box retail industries. Its clients include global, national, and regional companies managing a total of more than $100 billion in revenue through more than 20,000 fuel sites and rack terminals throughout the world. The company's U.S. headquarters is located in Florham Park, N.J., and its European headquarters is located in Manchester, U.K.
Laval, Quebec-based Couche-Tard is the second-largest independent c-store operator in North America terms of the number of stores.Its network is comprised of 5,690 c-stores located in 11 large geographic markets, including eight in the United Stateswith more than 2,100 stores mostly branded Circle Kcovering 30 states and three in Canada covering six provinces.
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