News
ABC Fine Wine and Spirits Selects KSS Retail for Price Optimization
FLORHAM PARK, N.J.-(Business Wire)-October 18, 2007 - KSS Retail, a global leader in price optimization solutions, announced today that ABC Fine Wine and Spirits, the country's largest privately owned fine wine and spirits merchant, has selected KSS Retail as its solution provider for regular and promotional price optimization.
ABC Fine Wine and Spirits is headquartered in Orlando, Fla., and owns 150 stores located throughout Florida. ABC will use the KSS Retail software to model, evaluate and optimize regular and promotional pricing.
"Our mission at ABC is to deliver the best service, best selection, and best price," said Bob Gibson, ABC director of marketing. "KSS Retail optimization will provide the tools we need to understand, analyze, and implement pricing strategies to help us better fulfill this mission."
"KSS Retail is focused on providing our clients with the ability to accurately and quickly forecast, model and optimize pricing and promotional decisions," said Lance Jacobs, chief executive officer at KSS Retail. "ABC Fine Wine and Spirits has established its leadership position by focusing on customers and exceeding their expectations. Use of the KSS Retail optimization solution will support their mission to be the best in service, selection and price, and modeling and optimization will help them deliver consistent customer value." KSS Retail provides merchants the ability to model and optimize regular and promotional pricing as part of an integrated, in-house solution.
About ABC Fine Wine and Spirits
ABC Fine Wine and Spirits is the country's largest privately owned fine wine and spirits merchant with 150 stores (covering the peninsula of Florida from Tallahassee to Miami) and 1,500 employees. The company is headquartered in Orlando, Fla., with executive offices adjacent to a 150,000-square-foot distribution center, including climate controlled space for wine and cigars. ABC retail stores average 10,000 square feet and often include walk-in cigar humidors, temperature-controlled wine cellars, and massive cold space for imported and micro brewed beers.
About KSS Retail
KSS Retail is a leading supplier of comprehensive pricing intelligence, optimization and execution solutions to the grocery, convenience retail, chain drug and mass retail industries. Retail merchants use KSS Retail software to model and optimize in-store prices for regular and promotional pricing. KSS Retail is available as an on-site, fully integrated system. For more information, visit www.KSSRetail.com, or contact Lyle Walker at (972) 733-0465, or at Lyle.Walker@KSSRetail.com. For media inquiries, contact Roy G. Miller at (903) 422-5117, or at rmiller@rgmcomms.com. -0- *T KSS Retail, U.S. Headquarters 25-B Hanover Rd, Ste 201 Florham Park, NJ 07932 973-549-1850 www.KSSRetail.com *T
