Zhongmin Baihui Retail Group says all 30 million new shares were placed out at 30 cents each at its IPO. This represents 15.3% of Zhongmin Baihui’s enlarged issued share capital post-IPO.
The company owns and operates one of the largest underground shopping malls in Xiamen, Fujian province. The company also manages six other department stores in Quanzhou and Zhangzhou cities in the same province.
Live Internet TV | Online TV technology allows you to watch over 4,500 HD channels right on your PC.
Point of sale is the place where a transaction takes place. A retail point of sales system usually includes a computer, monitor, cash drawer, receipt printer, customer display and barcode scanner. Point of sale software is used to calculate sales and operate the cash drawer. It sums up the sales total, figures the official sales tax, calculates the change back from the amount tendered and automatically adjusts the store inventory levels to debit the amount of inventory sold.
The National Retail Federation Convention and Expo officially kicked off Jan. 9 at the Jacob K. Javits Convention Center in New York City. This year, the show rebounded from a dismal turnout in 2010, when concerns about the economy and sagging consumer sales kept many people from attending. This year, however, a feeling of cautious optimism circulated around the showroom floor as the economy begins to improve and customers slowly begin returning to stores. In response, many of the top IT companies, such as IBM, Oracle, Hewlett-Packard, Dell, Microsoft, Motorola and Intel rolled out large displays to demonstrate a wide range of technologies, including point-of-sale machines, CRM software, analytics and mobile devices. Intel put on one of the more impressive displays with a large-screen display that allowed customers to shop virtually for Adidas shoes. Here, eWEEK took a look at some of the technology that is making its way into the retail space and how IT is changing the way customers shop both online and in traditional stores. – …
Singapore’s retail sales excluding motor vehicles gained for a 13th straight month in November as rising wages and record tourist arrivals spurred spending.
The index measuring purchases excluding automobiles climbed 5.4% from a year earlier, after gaining a revised 5.6% in October, the Statistics Department said in a statement today. Including vehicles, which are sold subject to government caps, total retail sales fell 2.4%, matching the median forecast in a Bloomberg News survey of eight economists.
Intel is pushing cutting-edge technology at the National Retail Federation show, while Dell and other IT vendors are offering hardware, software and services. – NEW YORK – If youre a man
or woman, young or old, a runner, a soccer player or just a casual sports fan,
Intel and Adidas have the perfect pair of shoes for you.
As long as you dont mind
that youre looking at a pair of virtual shoes. The real ones are probably
somewhere in the storeroom.
This …
Zhongmin Baihui Retail Group, the Fujian-based departmental store operator, has launched its initial public offering (IPO) on the Catalist board.
The group will raise $9 million in gross proceeds through the offering, comprising 30 million new shares at 30 cents each. The shares are offered by way of placement. The new shares to be issued represent 15.3% of Zhongmin Baihui’s enlarged issued share capital after the IPO.
Word has come in that retail works at Apple Stores have been told they can have no vacations on some days later this month. In the past these blocked dates have been the launch of new important products, could this be the Verizon iPhone? Samsung has unveiled the MobilePrint app for iOS devices like the [...]
Customer relationship management software solutions should not be identical for every business. Every business relates to their customers in different ways and has a different way of interacting with them so their software needs will vary as well. The interface for a real estate firm would necessarily be different than the CRM interface for a manufacturing enterprise.
Ayushi range of retail solutions has profited the top retailers in the industry across the globe. The services have assisted them to attain better client reach and receptiveness as well as enhance working efficiency. The end-to-end IT solutions in the retail industry assists our clients enhance the current processes and deliver higher returns using the established methods and best industry practices.
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Epos Direct provide Retail Epos Systems with complete retail shop solution, including both hardware and Epos software. If you’re managing a supermarket, high volume convenience store or specialist retail outlet, operate a single till point or many till points at one shop or multiple retail shops.
Integrated software solutions are the need of the hour for most big organizations which handle their operations from multiple locations or need to keep a track of different units of business. Integrated packages move data among several programs utilizing common commands and file structures. It is also recommended when identical source of information is to be used for varying purposes and activities.
DBS Group Holdings, Southeast Asia’s biggest bank, said it will take over Royal Bank of Scotland Group Plc.’s retail and commercial banking businesses in China.
RBS will transfer close to 25,000 clients in Shanghai, Beijing and Shenzhen to DBS China, Singapore-based DBS said in a statement on its website today. No amount was disclosed for the transaction, which is expected to be completed within six months.
DBS Group (DBSM.SI), Southeast Asia’s biggest lender, said on Wednesday it will take over British bank RBS’s (RBS.L) retail and commercial business in three Chinese cities.
“DBS Bank and RBS today entered into an agreement to transfer RBS’ retail and commercial banking customer base, business portfolios and related employees in Shanghai, Beijing and Shenzhen to DBS China,” the Singapore bank said in a statement.
DBS Bank and RBS today entered into an agreement to transfer RBS’ retail and commercial banking customer base, business portfolios and related employees in Shanghai, Beijing and Shenzhen to DBS China.
With this strategic agreement, DBS says close to 25,000 retail and commercial banking RBS customers in Shanghai, Beijing and Shenzhen will be given the option to transfer their existing accounts and deposits to DBS China.
Singapore’s retail sales, excluding motor vehicles, gained for a 12th month in October as an influx of tourists and rising wages spurred sales at department stores.
The index measuring purchases excluding automobiles climbed 5.3% from a year earlier, after gaining a revised 5.2% in September, the Statistics Department said in a statement today. Including vehicles, which are sold subject to government caps, total retail sales fell 2.8%, worse than the median forecast for a 1% decline in a Bloomberg News survey of eight economists.
Retail POS software or the Point of Sale software is made use of by many merchandisers worldwide in order to perform a wide variety of operations.
