) is focusing more on the retail sector. Recently, the technology
services company announced to unveil its latest solutions and
advanced version of existing offerings for retailers of all sizes
at an Expo conducted by National Retail Federation in New York.
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The new offerings will include NCR Silver (a point of sale (POS)
unit for small & medium businesses), StopLift Checkout Vision
Systems (for making its self-checkout POS more reliable and
secure), Netkey Endless Aisle kiosk application (to inform
customers about product details and their availability within the
store), Advanced Store POS software (to provide multiple and
flexible buying and returning options) and Pulse (a mobile
application for store owners or managers to know the inventory
NCR's believes that the offerings will help retailers in making
their customers happy and help them to focus on business growth.
Customers will be also be benefited as they can save time while
shopping and checking out.
NCR already has a broad customer base for its retail solutions.
Recently, a renowned footwear and accessories dealer,
) opted for NCR's Advanced Store POS Software to provide
information regarding product availability (either within the
store or any other DSW stores), accelerate checkout processes
during major occasions such as holidays, seasonal sales,
weekends, and manage inventory efficiently. Additionally, the
software will enable stores to identify a purchase return (with
or without bills) and make correct refund quickly.
Last week, NCR's Mobile Shopper solution was deployed at a
Wisconsin-based grocery chain, Woodman's Food Markets' Gammon
Road location. Deployments 13 other store locations are underway.
No doubt that NCR's retail applications will have increasing
demand from retailers to attract buyers. We believe that its
innovative technologies targeted toward retailers as well as
years of experience in serving the retail sector will allow NCR
to be ahead of its peers.
However, similar offerings from the likes of Wincor Nixdorf and
) could create some pressure on NCR's market share.
Currently, NCR has a Zacks Rank #3 (Hold).