NCR Retail Solutions for Chinese Malls

NCR Corp. (NCR) recently announced that it is providing retail technology solutions to four Chinese shopping malls, including Beijing Baishang, Chengdu Global, Chengde Golden Dragon Royal and Baoding Ginza shopping mall to make shopping easier for convenience store shoppers.

The partnering with NCR will help to improve customer satisfaction to a considerable extent by automating some basic functions and allowing better customer relations. This should in turn help to attract new customers. Shopping malls typically experience stiff competition and need to be extremely customer-friendly, so better services and quick checkout are likey to increase footfall.

The initial 240 NCR POS systems were sold through NCR’s retail distributor in China, Beijing Ankexinchuang Science and Technology Development Co. Ltd. The distributor also provides data analysis, software development, system integration, hard and software products distribution which provides faster and quality shopping experiences for customers and increases operational efficiency.

NCR reported revenues of $1.54 billion in the second quarter of 2013, up 8.9% from $1.41 billion in the year-ago quarter. The year-over-year improvement in revenues was mainly due to a 5.2% increase in Product revenues and a 12.7% increase in Service revenues.

NCR is generating decent growth in software and service revenues across its segments. Moreover, the company’s business volume is increasing regularly.

NCR Corporation is a global technology company and a world leader in consumer transaction technologies. However, softness in its ATM business in the mature markets, stiff competition from Diebold Corp. (DBD), European exposure and a high debt burden are concerns.

Apart from this, NCR is making considerable efforts to spread its wings in Asian and African markets. The Asia-Pacific region, the Middle East and Africa are the areas where the company is witnessing strong growth.

NCR Corp. has a Zacks Rank #3 (Hold). Other stocks in the technology industry that are currently performing well and have good visibility include Iteris, Inc. (ITI), having a Zacks Rank #1 (Strong Buy) and Advent Software Inc. (ADVS), having a Zacks Rank #2 (Buy).

Read the Full Research Report on NCR

Read the Full Research Report on DBD

Read the Full Research Report on ITI

Read the Full Research Report on ADVS

Zacks Investment Research



More From Zacks.com

--

Did you know that you can get stories like this on the Yahoo mail app?
Download it here.

Yahoo Cricket

Latest News

  • Raavan is most colourful character ever: Aarya Babbar

    Mumbai, April 25 (IANS) Actor Aarya Babbar, who is making his acting debut on the small screen with the "Sankat Mochan Mahabali Hanuman" mythological show, says he is totally "fascinated" by his character Raavan and is doing a lot of homework to understand the "intense demon". "I've always been fascinated by the character of Raavan. I believe he is the most colourful character ever created. "I've read books like 'Asura' (Anand Neelakantan) and seen plays like 'Agyaat Raavan' which helped me …

  • Shaken up, B-Town stars pray for safety post quake

    Mumbai, April 25 (IANS) On Saturday, when strong tremors jolted the nation, stars like Parineeti Chopra and Arjun Rampal got into the panic mode, while other members of film fraternity like Amitabh Bachchan, Rishi Kapoor, Madhuri Dixit and Madhur Bhandarkar prayed for people's safety and well-being. …

  • 'Dohchay': Fails to rob hearts

    Such expectations were riding high on this film right from the moment it was announced, since it was coming from the director who gave Telugu audiences a sensational movie like "Swamy Ra Ra", which was a critical and commercial hit and opened the floodgates to a genre that was considered underrated. Half way into "Dohchay", a crime comedy that doesn't do justice to both the genres, the high expectations are reduced to half, and by the end of the movie, you wish Sudheer had smartly worked on a …

  • Lahore film fest called off, Madhur Bhandarkar 'dejected'

    Mumbai, April 25 (IANS) Filmmaker Madhur Bhandarkar, who was looking forward to his trip to Lahore to be part of the Rafi Peer Theatre Workshop international film festival, says he feels "dejected" over its cancellation due to security concerns in Pakistan. …

  • Contemporary dance steps out in Poland after communism

    By Anna Rzhevkina SOPOT, Poland (Reuters) - When Jacek Krawczyk was growing up in then-communist Poland, the government was happy to train him in karate and acrobatics. He did not imagine that one day he would become a dancer using contemporary styles shunned under communism. "The idea of the festival came from a joke," event organiser and head of Sopot Dance Theatre Joanna Czajkowska told Reuters. She said her colleague Krawczyk had started kidding about belonging to a "dinosaur …

  • AVENGERS too strong for DEMOCRACY, MR. X fails!
    AVENGERS too strong for DEMOCRACY, MR. X fails!

    Just like a couple weeks back, it was yet again Hollywood which dominated Bollywood in the lean phase where …

  • Imran Khan: I'm not qualified to speak on Salman Khan
    Imran Khan: I'm not qualified to speak on Salman Khan

    As we all know, the judgment in the 2002 alleged hit and run case involving Salman Khan will be announced on 6th May …

  • Teaser of Suriya's 'Masss' packs a punch

    Chennai, April 25 (IANS) In what promises to be a commercial entertainer, the first teaser of Suriya-starrer Tamil film "Masss", which was released on Saturday, has packed a punch, sending the actor's fans into a frenzy. The teaser opens with the line - 'You didn't expect me to return, did you?' - and then there's a glimpse of Suriya in two avatars. Directed by Venkat Prabhu, the movie also features Nayantara, Pranitha Subhash and Premgi Amaren in the lead roles. …

Loading...