7-Eleven Australia chooses
KSS Fuels Pricing
Solution
ARA Australian Retailer of
the Year to adopt PriceNet
for fuel price
management
Florham Park, NJ - January
3, 2012 - KSS Fuels
announced today that
7-Eleven Australia will
implement PriceNet within
its' recently expanded
Australian retail network
of over 400 fuel sites.
PriceNet will streamline
the fuels pricing process
and deliver the real-time
information needed to
enhance fuel pricing
decisions at every store.
KSS Fuels' PriceNet is a
complete end to end pricing
solution capable of meeting
7-Eleven's business needs
in one of the most dynamic
and challenging retail
markets in the world.
In addition to the core
PriceNet fuel price
management system, 7-Eleven
Australia will implement
PriceNet Web, to facilitate
rapid communication with
store personnel and the KSS
Analytics dashboards for
continuous performance
monitoring.
"This is a significant
milestone in our growth in
Asia-Pacific and follows a
major commitment of
resources to enhancing our
business in the region",
stated Huw Carey, vice
president account sales
responsible for KSS Fuels'
business in
Asia-Pacific.
"We're delighted to welcome
7-Eleven Australia, a
global leader in petroleum
and convenience retailing,
as our latest PriceNet
customer," said Bob Stein,
president and chief
executive officer of KSS
Fuels. "This new
partnership strengthens our
presence in Australia, a
key part of our growth
strategy to deliver KSS
Fuels' pricing and location
intelligence products and
services to retailers in
the Asia-Pacific
region."
"As the leading convenience
retailer in Australia we
are constantly looking for
business solutions that
help enhance the customer
experience as well as
deliver on our corporate
performance goals. PriceNet
will significantly improve
our fuel price management
capabilities and enable us
to respond quickly and more
effectively to market
changes," stated Warren
Wilmot, Chief Executive
Officer of 7-Eleven
Australia.
PriceNet is a comprehensive
pricing solution that
streamlines the pricing
process, from competitor
surveys to price change at
POS, pump and sign,
delivering pricing in
minutes. High levels of
automation and an
'exception-based' approach
ensure a rapid response to
competitors and market
conditions and allow
pricing analysts to
leverage the power of price
optimization. A family of
products, PriceNet includes
modules for increased
mobility and analytic
dashboards to support
real-time fuels pricing and
performance monitoring via
handheld mobile
devices.
About 7-Eleven
Australia
7-Eleven Pty Ltd,
Australia's First choice in
convenience, is a private
company owned by the
Withers/Barlow family. The
company has a license to
operate and franchise
7-Eleven stores in
Australia from the US based
7-Eleven Inc. The first
Australian store was opened
in August 1977. Today
7-Eleven Pty Ltd. operates
more than 600 stores along
the eastern seaboard,
including over 200 recently
acquired Mobil/Quix sites
that are being
progressively converted
into 7-Eleven stores.
Worldwide 7-Eleven operates
more than 40,000 stores in
16 countries, and is
opening approximately six
stores per day somewhere in
the world. Through its 600+
stores, 7-Eleven Pty Ltd.
will conduct more than 160
million transactions a
year, serving an average 6
customers per second,
generating sales of
approximately $3
billion.
About KSS Fuels
KSS Fuels is the leading
global provider of fuels
pricing and retail network
planning software,
analytics and consulting
services to companies in
the oil & gas, convenience
store, grocery and retail
industries. KSS Fuels helps
fuel retailers,
distributors and marketers
implement effective pricing
solutions to increase
profitability and analyze
retail networks to pinpoint
growth opportunities and
optimize capital investment
to enhance operational
performance. The company
has North American
headquarters in Florham
Park, NJ as well as
regional offices in
Florida, Illinois, Ohio,
Oklahoma and Texas and
international operations in
Brazil, Canada, China,
India, Japan, Korea and
Africa, with headquarters
in Manchester, United
Kingdom.
For more information about
KSS Fuels, please visit
www.kssfuels.com.
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