Rainbow Department Store chain chooses NCR checkout solutions
Self-checkout solution brings a new checkout experience to customers of the Chinese department store chain at the Rainbow Shopping Mall in Hangzhou
SHANGHAI, China – May 28, 2014 – NCR Corporation, the global leader in consumer transaction technologies, today announced that it has won a self-checkout pilot project from Rainbow Department Store. After an initial test phase, the self-checkout solution will be available at the newly opened Hangzhou Rainbow Shopping Mall by the middle of this year.
One of the “Top 100 Chain Retailers of China” for many years, Rainbow Department Store is dedicated to ‘sharing the beauty of life’ with all customers. In kicking off the self-checkout pilot project, Rainbow Department Store intends to create a faster and more convenient checkout option for its shoppers through the use of advanced technology.
NCR’s self-checkout solution gives shoppers the option of scanning, bagging and paying for purchases themselves, at their own pace. The solution’s user-friendly interface and touchscreen intelligently guide shoppers through the checkout process with animated demonstrations – making the transactions fast and simple.
“Retailers around the world are placing more power into the hands of shoppers to create a more satisfying experience,” says Gerald Huang, general manager for Greater China, NCR Retail. “Our own research shows that self-checkout solutions can reduce wait times by as much as 40 percent while nearly two thirds of shoppers say stores that offer the option of self-checkout provide better customer service.”
NCR is the world’s largest supplier of self-checkout technology according to strategic research and consulting firm RBR. According to RBR’s research, NCR is the leader in self-checkout shipments with a total of 70 percent share.
___________________________
About NCR Corporation
NCR is headquartered in Duluth, Georgia with approximately 29,000 employees and does business in 180 countries. NCR is a trademark of NCR Corporation in the United States and other countries. The company encourages investors to visit its web site which is updated regularly with financial and other important information about NCR.
Web site: www.ncr.com, www.ncrsilver.com
Twitter: @NCRCorporation, @NCRRetail
Facebook: NCR Corp., NCR Retail
LinkedIn: NCR Corporation, NCR Retail
YouTube: www.youtube.com/user/ncrcorporation
Media Contact
Winnie Sze
NCR Corporation
852 2975 6948
[email protected]
Tony Carter
NCR Corporation
404.316.0201 (cell)
678.808.6984 (ofc.)
[email protected]
NCR Corporation (NYSE: NCR) is a leader in transforming, connecting, and running technology platforms for self-directed banking, stores, and restaurants. NCR is headquartered in Atlanta, Georgia, with 35,000 employees globally. NCR is a trademark of NCR Corporation in the United States and other countries.
NCR VOYIX Corporation (NYSE: VYX) is a leading global provider of digital commerce solutions for the retail, restaurant and digital banking industries. NCR VOYIX transforms retail stores, restaurant systems and digital banking experiences with comprehensive, platform-led SaaS and services capabilities. NCR VOYIX is headquartered in Atlanta, Georgia, with approximately 16,000 employees in 35 countries across the globe.
This release contains forward-looking statements. Forward-looking statements use words such as “expect,” “anticipate,” “outlook,” “intend,” “plan,” “confident,” “believe,” “will,” “should,” “would,” “potential,” “positioning,” “proposed,” “planned,” “objective,” “likely,” “could,” “may,” and words of similar meaning, as well as other words or expressions referencing future events, conditions or circumstances. Statements that describe or relate to NCR’s or NCR VOYIX’s plans, goals, intentions, strategies, financial outlook, NCR’s or NCR VOYIX’s expectations regarding the Spin-Off, NCR’s or NCR VOYIX’s intention to consummate the offering and issue the Notes or the intended use of proceeds from the offering of the Notes and enter into the new senior secured credit facilities, and statements that do not relate to historical or current fact, are examples of forward-looking statements. Forward-looking statements are based on our current beliefs, expectations and assumptions, which may not prove to be accurate, and involve a number of known and unknown risks and uncertainties, many of which are out of the NCR’s and NCR VOYIX’s control. Forward-looking statements are not guarantees of future performance, and there are a number of important factors that could cause actual outcomes and results to differ materially from the results contemplated by such forward-looking statements. Additional information concerning these and other factors can be found in NCR and NCR VOYIX’s filings with the U.S. Securities and Exchange Commission, including NCR’s most recent annual report on Form 10-K, most recent quarterly report on Form 10-Q and current reports on Form 8-K and NCR VOYIX’s registration statement on Form 10, most recent quarterly report on Form 10-Q and current reports on Form 8-K. Any forward-looking statement speaks only as of the date on which it is made. Neither NCR nor NCR VOYIX undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Michael Nelson
NCR Corporation
678-808-6995
[email protected]
Scott Sykes
NCR Corporation
[email protected]