Forecast Partners with KSS Retail for Price and Promotion Optimization in
ATHENS, Greece -- January 14, 2013
KSS Retail, a dunnhumby company, today announced a partnership agreement with
Forecast Ltd., an Athens-based provider of price and promotion optimization
consulting services to large retail companies throughout the Balkan region.
Forecast Ltd. will work in conjunction with KSS Retail to provide products and
With more than 20 years of experience in the retail sector, Forecast Ltd. has
been instrumental in providing organizations in the region with advanced
technical solutions and products. Continuing this effort, Forecast today works
with clients in the Balkans, Cyprus and Turkey.
KSS Retail is one of the largest and leading companies in the pricing
optimization technology worldwide, with facilities and customers worldwide
such as TESCO, Kroger, 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 Forecast Ltd.,” KSS Retail CEO Yael Cosset said.
KSS Retail executives, including Mr. Cosset, will be available to discuss this
partnership as well as retail technology market trends and retailer pricing
strategy at the National Retail Federation (NRF) Big Show, the largest
gathering of retail and technology businesses and professionals in the world,
being held this week at the Jacob K. Javits Center in New York City, USA,
January 13-16, 2013. KSS Retail is exhibiting at the conference in Booth 963.
Forecast Ltd. is an independent market research and consulting company founded
in 1991, with the vision to provide high-quality research and consulting
services to businesses and institutions involved in the production and
distribution of mass selling goods. In this pursuit Forecast Ltd. excels in
pricing research, in-store research and consumer research. For further
information, please contact Mr. Spiros Asproudis at email@example.com or
by phone: +30 210 325821/2.
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,
For KSS Retail
Ann Keeling, 513-381-3248
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