12-22-08
The Pantry Selects APT's
Test & Learn Management System
The retailer signed a three year license of the
APT Suite to enhance their business analytics platform
WASHINGTON, D.C. — Applied Predictive Technologies (APT), announced today that The Pantry, a leading independently operated convenience store chain in the United States, has signed an agreement to license APT's Test & Learn Management System, Test & Learn for Sites.
The Pantry chose APT after a brief pilot where analyses were conducted across the organization including: food service installations, human resource management programs and product pricing. The team at APT was able to demonstrate the value of institutionalizing a Test & Learn process across the network and plans are in place to continue and expand the breadth of testing.
"Especially in this economy, gaining insights into costly programs before rollout is an excellent means of maintaining a true competitive advantage," said Frank Paci, CFO of The Pantry. "APT's Test & Learn Suite allows us to quickly and easily investigate the success of programs, tailor them to maximize profits and then roll them out across our stores - generating enormous value. We are excited to continue to work with the team at APT and with the APT Suite."
"We are thrilled to be continuing our engagement," said Anthony Bruce, CEO of APT. "The Pantry and its management truly understand the power of the Test & Learn approach to growing profits, and we are looking forward to working with them to help deliver a superior convenience store experience to their customers while improving their bottom line."
About The Pantry
Headquartered in Sanford, North Carolina, The Pantry, Inc. (NASDAQ: PTRY) is the leading independently operated convenience store chain in the southeastern United States and one of the largest independently operated convenience store chains in the country, with revenues for fiscal 2008 of approximately $9 billion. As of November 20, 2008, the Company operated 1,653 stores in eleven states under select banners, including Kangaroo Express(SM), its primary operating banner. The Pantry's stores offer a broad selection of merchandise, as well as gasoline and other ancillary services designed to appeal to the convenience needs of its customers. To learn more about The Pantry, please visit thepantry.com.
About Applied Predictive Technologies
APT is the industry leader in helping large-scale consumer-focused companies institutionalize a world-class Test & Learn capability. Through the combination of APT's proprietary software and capability-building consulting support, APT has helped some of the world's largest and most successful companies achieve significant bottom-line improvement.
|
