KSS Retail and Corporate Solutions Limited Partner for Price and Promotion Optimization in the Baltics

  KSS Retail and Corporate Solutions Limited Partner for Price and Promotion
  Optimization in the Baltics

Business Wire

RIGA, Latvia -- January 28, 2013

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.

About CSolutions

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 info@csolutions.lv 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.

Contact:

For KSS Retail
Ann Keeling or Suzanne Blackburn, 513-381-3248
ann@cristofolikeeling.com
suzanne@cristofolikeeling.com
 
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