GPM Expands Use of PriceNet System

RICHMOND, Va. -- GPM Investments LLC expanded its use of Kalibrate Technologies' PriceNet fuels pricing system to an additional 260 recently acquired sites. GPM operates convenience stores under the Fas Mart, Shore Stop, Youngs, Li'l Cricket, Scotchman Stores and Breadbox brands.

“The value that Kalibrate provides to us is clear, and we are pleased to strengthen the relationship that began when we initially purchased PriceNet in December 2007,” said Chris Giacobone, chief operating officer of GPM Investments. “Kalibrate’s pricing solutions -- provided by true industry experts -- have helped us shave time off the pricing process and make the best possible pricing decisions. Their software, knowledge and experience will help ensure our ongoing success.”

According to Kalibrate (formerly KSS Fuels), PriceNet provides GPM with high levels of automation and an "exception-based" approach that allows for a quick response to competitors and market conditions, and ensures optimal prices are generated.

“We are delighted that GPM is expanding its use of our fuels pricing system and look forward to supporting its exciting growth initiatives,” said Bob Stein, president and CEO of Kalibrate Technologies. “We work hard to make sure our clients have ongoing success using our solutions by providing a team of pricing and location planning experts -- called client success -- who continually have contact with our clients to ensure sustainable results.”

Florham Park, N.J.-based Kalibrate Technologies is a global provider of fuels pricing and retail location intelligence.

Richmond, Va.-based GPM Investments LLC operates and supplies 615 convenience stores. It operates stores in Virginia, Connecticut, Delaware, Maryland, Pennsylvania, North Carolina, South Carolina, Rhode Island, New Jersey and Tennessee.