From the Wires
KSS Retail and Corporate Solutions Limited Partner for Price and Promotion Optimization in the Baltics
By: Business Wire
Jan. 28, 2013 11:00 PM
KSS Retail, a dunnhumby company, market leaders in retail price and promotion optimization, today announced a partnership agreement with Corporate Solutions (“CSolutions”) Ltd., a Riga, Latvia-based technology and consulting services company. This partnership extends KSS Retail’s market presence into the Baltic region and builds upon the software company’s rapid growth in Europe. CSolutions will work in conjunction with KSS Retail to provide products and consulting services to retail companies that want to leverage technology to improve business performance.
With nearly a decade of experience, CSolutions has been instrumental in providing organizations in the region with advanced technical solutions and products. Continuing this effort, CSolutions today works with clients in the Baltic region including the countries of Latvia, Lithuania and Estonia.
KSS Retail is a worldwide leader providing pricing and promotion optimization technology and consulting. Clients include retailers TESCO, The Kroger Co., O'Reilly, 7-Eleven, and Sonae. Its flagship technology solution, PriceStrat, enables merchandising executives, category managers and pricing analysts to increase their productivity and make better, smarter decisions about pricing particularly in high-volume, low-margin environments.
With the help of KSS Retail, organizations can optimize their pricing and negotiate supplier terms by utilizing “what-if” scenarios that use real-time data for improved accuracy in forecasting. This in turn enables organizations to enhance their competitive positioning, improve margins, create pricing stability, increase revenue, and meet other strategic corporate objectives.
“We are excited about growth in Europe and looking forward to a continued partnership with CSolutions,” KSS Retail CEO Yael Cosset said.
“Becoming partners with KSS Retail is a very important step for us to further develop our business in retail sector in the Baltic States,” CSolutions CEO Aigars Ceruss added.
Corporate Solutions was founded in 2006, bringing together experienced IT specialists. By the end of 2012, Corporate Solutions had developed into a group including IT, management consulting and business solutions companies with customers based in Latvia, Lithuania, Estonia, Poland and Sweden, and employing more than 60 experts in different areas. For more information about the offers of our subsidiaries, please visit our web site www.csolutions.lv or write to us at firstname.lastname@example.org or phone +371 2965 8393.
About KSS Retail
KSS Retail, a dunnhumby Company, is the premier global provider of price optimization and shopper insight solutions for the grocery, convenience, chain drug, general and online retail industries. Retailers use KSS Retail software and professional services to better understand their shopper’s needs, and to deliver more effective pricing, promotions and merchandising decisions. KSS Retail clients consistently achieve improved market share, sales and profit growth, and enhanced competitive positioning. Current clients include 7 Eleven, O’Reilly Auto Parts, BI-LO, Sonae, Raley’s, United Supermarkets, dabs.com, ABC Fine Wine and Spirits, and many others. For more information, visit www.KSSRetail.com.
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