Technology/Services

Spartan Stores Selects KSS Retail PriceStrat

Grocer with fuel centers licenses modeling, optimization solution
GRAND RAPIDS, Mich. -- Grocery and convenience retailer Spartan Stores has licensed the full KSS PriceStrat optimization suite from KSS Retail, a major provider of retail analytical solutions. PriceStrat will provide Spartan's merchandising group with real-time merchandising simulations.

Spartan Stores distributes products to more than 400 independent grocers and also owns and operates 100 retail supermarkets in Michigan, including D&W Fresh Markets, Family Fare Supermarkets, Felpausch Food Centers, Glen's Markets and VG's Food Centers, as well as Quick Stop Fuel Centers.[image-nocss]

Spartan Stores joins a list of retailers that have recently selected KSS Retail for price modeling and optimization, including Raley's, Cumberland Farms, United Supermarkets, Lunds and Byerly's, Sonae Portugal and others.

"We continue to see strong financial gains from retailers as they leverage our real-time optimization solution across their merchandising organizations," said Lance Jacobs, CEO of KSS Retail.

Florham Park, N.J.-based KSS Retail provides price optimization with a real-time, self-learning price optimization solution for the grocery, chain drug, convenience, general and online retail markets. Retail merchants use KSS Retail software to accurately model, forecast and optimize retail prices for regular and promotional pricing by using an intuitive, fast, merchant-friendly tool that integrates price modeling and optimization into the daily workflow of a merchant.

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