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Tuesday, 01/29/2019 11:40:56 AM

Tuesday, January 29, 2019 11:40:56 AM

Post# of 361
RETC Huge deal with Switzerland's largest retailer to use their 12Sconti application.

he 12Sconti APP helps to solve a major problem for food and grocery merchants.

The waste of perishable goods is a continuous problem for merchants in the developed world. The 12Sconti APP advances the dialogue on how to deal with it by allowing retailers to discount, on an hour by hour basis, foodstuffs and other perishable products like flowers, which otherwise would need to be disposed of as waste or recycled as agricultural compost. Using the mobile-app, a merchant will be able to attract a wide social-economic demographic of consumers who might want to purchase soon to expire products at a substantial discount. In the long term, the APP could also be used as a tool for pre-orders, which will help merchants customize their supply chain resulting in more efficient resource management.

http://www.globenewswire.com/news-release/2019/01/29/1707054/0/en/12-ReTech-Corporation-Signs-Agreement-With-Jelmoli-Switzerland-s-Leading-Premium-Department-Store-To-Use-12Sconti.html



$RETC

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