Convenience Retailer to Install KSS Solutions at 1,600 Sites
Florham Park, NJ - February 9, 2010
The Pantry Inc. (NASDAQ: PTRY), one of the largest independently operated convenience store chains in the United States, has selected a suite of KSS products to provide day-to-day fuel price management and optimization at more than 1,600 retail locations in the southeastern United States. The Pantry will use the PriceNet, PriceNet Web, KSS Analytics, KSS Mapping and KSS Visualizer solutions.
The Cary, North Carolina-based company will implement these KSS products to enable them to respond more quickly to changing oil prices. The Pantry sells gasoline at most of its locations; additionally, commercial fuel is available at about 80 travel center sites. Its primary operating banner is Kangaroo Express.
“We selected these KSS solutions because we wanted a higher level of efficiency around our execution of fuel price changes. Having a system that provides enhanced market responsiveness will enable us to improve our overall performance around fuel volume and margin,” said Keith Bell, Senior Vice President, Fuels Operations & Construction for The Pantry. “We are convinced that these KSS solutions offer our stores a ‘best practices’ approach to fuel pricing.”
“We are delighted to have The Pantry as a new partner and are eager to help them maximize profits,” said Bob Stein, President and CEO of KSS. “Our PriceNet, Analytics, Mapping and Analyzer products will let them evaluate pricing at the local site level and make informed pricing decisions rapidly. We are fortunate to have such a forward-thinking company as our customer.”
ABOUT KALIBRATE TECHNOLOGIES
Kalibrate (formerly KSS Fuels) is the only global provider of fuels pricing and retail location intelligence, helping retailers fine-tune decisions to deliver on performance goals. Its proven software, analytics and consulting solutions draw on more than 20 years of expertise and insight into the needs and opportunities of petroleum retailers. Kalibrate has headquarters in Manchester, United Kingdom and Florham Park, New Jersey. The company also has a Center of Excellence in Tulsa, Oklahoma and sales operations in Florida, Illinois, Ohio, Texas, Canada, Brazil, China, India, Japan, Korea and Africa. For more information about Kalibrate, please visit Kalibrate.com.