From the Wires
KSS Retail Partners with SGS Project for Price and Promotion Optimization in the Russian Federation
By: Business Wire
Feb. 7, 2013 12:00 AM
KSS Retail, a dunnhumby company, and market leaders in retail price and promotion optimization, today announced its further international expansion through a new partnership agreement with SGS Project. A Moscow-based provider of enterprise technology and related consulting services to companies throughout the Russian Federation, SGS Project will work in conjunction with KSS Retail to help stores throughout the region improve their shopper loyalty, profit margins and overall business performance.
SGS Project has been instrumental in providing organizations in the region with advanced enterprise IT solutions and products for more than 5 years. SGS Project clients include large retailers such as Santekhkomplekt, Henderson, Woolstreet, Beringov and Eldorado, as well as clients in the manufacturing and in the oil and gas industries.
KSS Retail is a worldwide leader providing technology and consulting services to help retailers optimize their pricing and promotion strategy. Clients include retailers such as TESCO, The Kroger Co., O'Reilly, 7-Eleven and Sonae. Its flagship software 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 reduce the risk of bad decisions 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 SGS Project,” KSS Retail CEO Yael Cosset said. “We are confident that our proven success with PriceStrat clients will extend to retailers in the Russian Federation and the rest of Europe.”
“It’s a great pleasure that we can finally provide our customers one of the most advanced solutions for price and promotion optimization,” SGS Project CEO Alexey Sotskov said. “We are looking forward to furthering our relationship with KSS Retail and helping retailers in the Russian Federation to become more successful.”
About SGS Project
SGS Project is a Russian IT company with focus on the retail market. SGS Project provides customers with the world’s best IT solutions and their customer numbers are constantly growing. Also, SGS Project exclusively provides top of the line retail solutions in Russia. SGS Project is a pioneering company founded by IT professionals with many years of retail experience and specialty. With great expertise in the retail sector, SGS Project has helped many customers to improve their business with price optimization, assortment planning and Product Lifecycle and Product Data Management. Current retails clients include Henderson, Woolstreet, Eldorado, Beringov, Santekhkomplekt and others. They also serve and support several customers in the Manufacturing and in the Oil and Gas industries. For more information visit www.SGSProject.com.
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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