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Reiss signs Torex for in-store POS contract


Fashion retailer Reiss has confirmed today that it will be employing Torex Retail-J across its store portfolio.

One advantage of the solution produced by Torex is that it allows overseas visitors, who are entitled to claim UK tax back, to pay for goods tax-free at the point of sale (POS).

International visitors are becoming increasingly important to UK traders, particularly in the capital, and retail tourism analysts Global Blue estimates that transactions made by international visitors in this country will grow by 25 per cent year-on-year for the final two quarters of 2011.

Reiss has 100 stores worldwide and it hopes that this new technology will help to make further expansion easier in the upcoming years.

Torex Retail-J offers a web-enabled suite of in-store and central applications and provides in-depth data on consumers whilst remaining PCI DSS compliant.

Last month it was announced that Republic, another leading fashion retailer, has employed Torex to create a seamless cross-channel experience for its customers, having already implemented the Retail-J system across its 115 stores in the UK.

In an interview with Retail Gazette in March, Vice President of Retail at Torex Helen Slaven commented: “We are seeing a real change in the way retailers are viewing technology.

“Before, it was all about systems, but now retailers are seeing that technology is a key deliverable to enable business strategy and its usage is firmly on the retail board agenda.”

Published on Tuesday 19 July by Editorial Assistant

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