POS Retail, Restaurant POS

Retail Tech Company Storewise Unveils Dynamic Sales Reporting Tool

Retail Tech news
Fast-growing grocery automation software company Storewise, has announced a new tool for independent grocers with low or no visibility into their store’s sales performance. The Dynamic Sales Reporting module is the sixth solution service on the Storewise platform, available independently or in combination with TPR Automation, Price Analysis, Price Manager, Risk Reduction and Ordering technology-based solution modules.

“Today’s competitive landscape demands that a store owner know the sales performance of each and every store, With the new Sales Reporting tool, we give retailers the instant insight they need to make the right decision at the right time by comparing present to past performance at every level of detail.”

-Christopher Greco, President and CEO of Storewise.

Sales Reporting gives retailers the control they need to analyze store, department, and item-level performance previously requiring hours of manual effort and cross-comparison between multiple reports before yielding actionable insights.

“All of our previous reporting was based on weekly Excel files we would have to then cut and paste or merge to evaluate sales opportunities, Unfortunately, that was time consuming and prevented us from evaluating sales opportunities like we should. Having push button dynamic reporting allows us to look for negative trends we can turn around operationally.”

-John Stanze, Director of Operations at Cosentino’s Food Stores.

Sales Reporting is one of many modules included within the Storewise grocery automation platform which protects and maximizes profits by using: Price Analysis and Price Manager, allowing owners to keep prices correct; Ordering bridge-buying program allowing retailers to order allowance items that are expiring and not coming back “on-deal” immediately; Risk Reduction, which provides POS exception reporting, catches losses and improves training opportunities; and TPR Automation, which increases gross margin by matching TPR’s to in-store pricing.

About Storewise-
Storewise exists to help independent grocers rise against competitors by creating software that automates manual tasks and reduces errors; protecting profits, guaranteed. Our team provides straightforward data analytics and automation software that enables independent grocers to prevent loss, compete more effectively, and sets the stage for future innovations. Beyond software, we provide grocers with a team of industry veterans and support specialists ready to work together and strengthen their business.

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Leading Wireless Retail Platform Provider Real Time Technologies Continues Growth and Expansion With Acquisition of Your Ware Software

Real Time Technologies (RT²) | January 24, 2024

Real Time Technologies, Inc (RT²), the largest enterprise front-end software platform serving Fortune 500 companies in the U.S. wireless industry, announced today its acquisition of Your Ware Software, a provider of customized business intelligence, sales, and compensation reporting for the wireless retail postpaid channel. Trusted by tier-one telecom carriers to provide retail activation, point-of-sale (POS), payments, business intelligence, and inventory management solutions, RT²'s acquisition of Your Ware Software adds key capabilities to its burgeoning retail wireless store solutions, enabling further expansion into postpaid channels for customers. The purchase is expected to add access to another 4,000 postpaid locations for RT²'s industry-leading wireless retail platform, setting the company up for another banner year in 2024. "The acquisition of Your Ware significantly expands RT²'s presence in the postpaid retail environment and adds to our long-standing success as the leading enterprise POS and Payments provider in prepaid wireless channels," said Omar Azrag, CEO of RT². "The Your Ware team has similar DNA to RT² and brings a world-class level of service specializing in building and deploying customized solutions for the postpaid channel. We are thrilled to have them part of the RT2 family," says Ali Koumaiha, Founder & CPO of RT². "For 22 years, Your Ware Software has designed POS, inventory management, and commission-tracking software for authorized retailers representing tier-one U.S. telecom carriers. Our team of world-class developers and engineers are excited to join the RT² family and continue to serve our customers with the industry-leading products and services they've come to expect. This deal is a triumph for our employees and our customers," says Chris Jones, CEO of Your Ware Software. Neither party disclosed the terms of the deal at this time, and it will remain confidential. In August of 2022, RT² acquired IAS, formerly Qpay from InComm Payments, specializing in customizable payment and technology solutions and the payment processor of choice for retailers, master agents and wireless carriers. RT² has since transformed and simplified the payment offering with an industry-first service model, much to the delight of their long-term customers. About Real Time Technologies (RT²) RT² offers the most flexible cutting-edge Retail Management Solutions that encompass POS, inventory management, payment services, frontline employee management & engagement, business intelligence, and digital automation tools for the wireless industry. RT² support Fortune 500 companies unify their customer experience and remove pain points across multiple retail touch points. Now serving over 14,000 retail locations across the US, Territories, and Canada. RT² prides itself on fostering a family culture and a dynamic work environment where team members are set up to make meaningful contributions across the organization. Learn more at www.rt2.com.

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POS Retail

Henderson Group Continues to Deliver Payment Choice for Customers with Glory Cash Recycling Solutions

Glory | December 19, 2023

Glory a global leader in retail cash automation solutions has announced that leading Northern Ireland retailer and grocer Henderson Group, has confirmed another substantial order with the company for CASHINFINITYTM point of sale (POS) cash recycling solutions. Following positive customer feedback and increased staff productivity, this latest order sees the total number of Glory point of sale devices reach almost 700 across the company’s owned and independent retailer estate. The most recent order will introduce Glory’s latest technology, the CI-10X, to Henderson Group stores for the first time. Henderson Group owns the SPAR, EUROSPAR, ViVO, ViVOXTRA and ViVO Essentials franchises in Northern Ireland and operates a portfolio of more than 100 company stores and supplies to around 400 independently owned stores. The Group is committed to delivering the latest retail technology in their stores to enable their retailers to deliver an exceptional customer experience to their shoppers. Glory’s CASHINFINITY point of sale and back office solutions help Henderson Group to meet shopper demands and choice in the way they order, pay, and are served, while optimising management of cash across the entire store for the retailer. Glory’s CI-10X POS solutions will be installed at traditional, self-checkout, food-to-go and drive-through payment positions and combined with CI-100X solutions in the store back office, deliver automated closed loop cash management. Removing the need for store employees to handle cash reduces stress, eliminates errors and significantly accelerates end of day reconciliation for store managers. Ron Whitten, Chief Financial Officer at Henderson Group said “We embarked on a retailer-centric, technology-led strategy, with our EPOS software system EDGEPoS, to reduce labour input costs in a number of areas - Electronic Shelf Edge Labels (ESELs) and cash management – and both have been hugely successful for us. “Where Glory CI-10 machines are now deployed in our self-scan area, we are seeing an increase from c.20% of store transactions in the self-scan area pre-cash introduction, to between 50 and even 60% in some stores. This clearly shows shoppers are opting more and more to use self-scan checkouts when cash is included as an option. “Working with partners like Glory enables us to build stores with industry leading technology innovations at the fore whilst driving further efficiencies for the business.” Mark McCallum, UK & Ireland Managing Director at Glory said “We are delighted to continue our strong relationship with Henderson Group to protect and manage its cash assets across their business. This significant order of Glory’s CI-10X POS solutions will not only help them to deliver more payment choice and an exceptional shopper experience in their stores across Northern Ireland, but also supports Henderson Group’s technology automation strategy across their stores.” About Glory As a global leader in cash technology solutions, we provide the financial, retail, QSR, cash center and gaming industries with confidence that their cash is protected and always working to help build a stronger business. Our cash automation technologies and process engineering services help businesses in more than 100 countries optimize the handling, movement and management of cash. While we span the globe, we personally engage with each customer to address their unique challenges and goals — enhancing staff efficiency, reducing operating costs and enabling a more rewarding customer experience.

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POS Retail

Process Your Payments Confidently with Elo Pay

Elo Touch Solutions | January 09, 2024

Elo, a global leader in point-of-sale technology, is excited to unveil Elo Pay and the accompanying Elo Pay 7" Integrated Payment POS Terminal. Designed for merchants of all sizes, the new system delivers fast, secure, scalable payment services, allowing it to grow as your business expands. Elo Pay is a comprehensive payment service that supports merchants in accepting transactions with confidence. With features including end-to-end encryption, secure tokenization, robust Terminal Management Services (TMS), and Remote Key Injection (RKI), the Elo Pay platform is compatible with multiple payment providers to provide maximum security while processing payments. The Elo Pay system has been designed for all types of businesses. The solution provides merchants with four options to begin processing payments. First, Elo Pay Link enables merchants to utilize APIs to integrate their software with Elo's payment hardware. Elo Pay Link+ takes this further, providing a semi-integrated solution that supports acquisition between merchants and their chosen card networks such as Visa and Mastercard. Elo Pay TMS supports the management and monitoring of Elo payment devices, while Elo Pay RKI allows for the encryption keys to be securely injected into payment terminals remotely. Strengthening the Elo Pay system is the new Elo Pay 7" Integrated Payment POS Terminal. The fully integrated and compact, enterprise-grade terminal is complete with a 7-inch touch display, flexible Android 12 OS, and Qualcomm SD660 processor. Embracing Elo's modular approach, the terminal can be deployed in multiple ways, from a stand-alone payment terminal to the computer fully powering an entire point-of-sale system. The highly versatile terminal can be docked to an optional printer stand, placed remotely on a counter, or fully integrated into the Elo Z70 stand to form a complete system with the 7" screen facing the customer and a standard Elo monitor facing employees. The Elo Pay 7" can accept all forms of card payment, including physical cards, contactless mobile phone payments, and merchant gift cards, depending on the payment processor and acquiror selected by the merchant. The Elo Pay 7" integrated POS system has been designed to simplify the payment process, improve user experience, and maintain payment security. Merchants will be able to deploy and manage their entire network of Elo Pay devices, thanks to EloView. The award-winning EloView allows users to deploy content and provision Elo Android-based devices in seconds, creating a seamless experience that will transform operations. Further peace of mind comes from Elo EssentialEdge, which ensures businesses can continue to deliver the convenience and familiarity of Android interfaces through monthly security updates, and Elo Care, which provides advance unit replacement, accidental damage protection, and extended warranty. The Elo Pay 7" POS solution will be on display later this month when Elo heads to the National Retail Federation Expo 2024. The conference will see thousands of brands come together for three days of learning, collaboration, and discovery. Visitors will be able to find Elo at booth #5803. "We know how important it is for merchants to have fast, reliable payment solutions. That is why we have developed Elo Pay and the accompanying Elo Pay 7" POS solution," said Craig Witsoe, CEO at Elo. "When combined together, it can help to transform a business's entire payment process, delivering rapid and secure transactions every time. It is also fully scalable, allowing merchants to easily increase their units as their operations grow." Elo Pay Link is available today. Elo Pay Link+ and Elo Pay TMS are now in beta and available for integration. Elo Pay 7" is ready for integration starting today, with mass production scheduled to begin this spring. Elo Pay RKI will also be available this spring. About Elo As a leading global supplier of interactive solutions, #EloIsEverywhere. With over 30 million installations in more than 80 countries, Elo has established a significant global footprint. In fact, a new Elo touchscreen is installed somewhere in the world every 21 seconds. Built on a unified architecture, Elo's broad portfolio allows its customers to easily Choose, Configure and Connect & Control to create a unique experience. Choose from all-in-one systems, open-frame monitors and touchscreen monitors ranging from handheld to 65 inches. Configure with Elo's unique Elo Edge Connect® peripherals that allow use-specific solutions. Connect & Control with EloView®, a secure cloud-based platform for Android-powered devices. EloView enables secure deployment and management of a large network of interactive systems designed to reduce operating costs while increasing up-time and security.

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POS Retail

MyTradeZone.com Joins Certified Trade Mission to Hong Kong to Explore Business Expansion Opportunities in Asia

MyTradeZone | November 28, 2023

MyTradeZone.com, a trade and Social Networking for businesses, is pleased to announce its upcoming visit to Hong Kong from December 4th to 8th, 2023. Bachir Kassir, founder of MyTradeZone, will join a delegation of American companies to Hong Kong as part of a U.S. Department of Commerce Certified Trade Mission organized by IBS Global Consulting with the support of the Hong Kong Trade Development Council and the U.S. Commercial Service. The delegation, comprising a diverse group of American companies, aims to foster cross-border partnerships, explore export opportunities, and deepen economic ties between the United States and Hong Kong. The visit to Hong Kong presents an exciting opportunity for MyTradeZone.com to expand its global reach, tap into new markets, and establish key connections with Hong Kong's dynamic business community and trade associations. With Hong Kong's strategic location as a gateway to the Asia-Pacific region, robust financial services sector, and reputation as a major international trade hub, this visit holds immense promise for American enterprises looking to navigate the Asian market. Led by Tonya McNeal-Weary, Managing Director at IBS Global Consulting, the delegation will engage in a series of high-level meetings, networking events, and industry-specific forums during the five-day visit. These activities are designed to facilitate mutually beneficial partnerships between U.S. and Hong Kong businesses across various sectors. [MyTradeZone.com] is a disruptive business networking platform, and is like an always open trade show Businesses: Add company profile page. Showcase products & services. Network locally and around the world Event Organizers, Trade Associations, & Networking Groups: Provide value-added offering to members & sponsors in a public or private setting Creators & Group owners: Monetize your creations via peer-to-peer payment enablement Advertisers and Marketers: MyTradeZone's B2B search engine offers highly targeted and cost-effective advertisements to both buyers and sellers Business Professionals: Grow your professional network, chat, connect, follow, takes notes, share and collaborate As an official member of the delegation, MyTradeZone will have the opportunity to gain firsthand insights into Hong Kong's business landscape, explore regulatory frameworks, exchange best practices, and forge lasting relationships with key stakeholders. Additionally, the itinerary includes tailored site visits to cutting-edge facilities and industrial parks, showcasing Hong Kong's commitment to innovation and entrepreneurship. The visit to Hong Kong aims to enhance trade cooperation and seeks to highlight the enduring friendship between the United States and Hong Kong. As both economies continue to recover from the challenges posed by the global pandemic, this visit becomes even more crucial in reinvigorating trade ties and promoting long-term economic growth. About MyTradeZone.com MyTradeZone is a social networking platform for businesses. We are working on the next thing to disrupt business networking. MyTradeZone is a forward-thinking B2B media technology company reshaping how businesses connect and network. MyTradeZone's B2B search engine offers highly targeted and cost-effective advertisements to both buyers and sellers. MyTradeZone is also a perfect companion offering to trade show organizers and networking groups offering value added benefits to both members and sponsors. MyTradeZone is always free to join.

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