Ricker Oil expands agreement for KSS PriceNet fuel price management system
PriceNet is a pricing solution that supports the key tasks and stakeholders involved in retail fuels pricing, from capturing field-based intelligence at the site level to the generation of price proposals, via pricing rules or price optimization, to consistent and timely implementation, according to KSS. Dennis Williamson, general manager of Ricker Oil, said: "We have used PriceNet since 2006, and it has proven a very valuable tool for day-to-day fuel price management and optimization. When we acquired 24 additional stores, expanding our partnership with KSS was an easy and necessary decision, so we could seamlessly maintain and expand our centralized price management operations." Bob Stein, CEO and president of KSS, said: "Ricker Oil has been a long-standing partner, and we're eager to help them continue their company growth. Our PriceNet solution will help Ricker quickly evaluate the competitive pricing landscape for each store; make informed pricing decisions; and swiftly implement new prices."