Lidl trials self-checkout terminals from Swiss hardware specialist 4POS in a store in Lingolsheim, France. Half of the six self-service terminals are equipped with cash modules from Glory and offer shoppers the opportunity to pay in cash. Lidl relies on software from GK for the self-checkouts, just as for the attended checkouts. The hardware components for the self-service terminals are…
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GK Software SE is a leading developer and provider of standard software for the retail sector, and currently counts 22 percent of the world’s 50 largest retailers among its customer base. According to a study published by RBR 2020, the Company is one of the leading international providers of POS software and is the fastest growing business in the industry in terms of the number of installations worldwide (without Hospitality and Petrol).
The company offers an extensive range of solutions for stores and enterprise headquarters as well as for the implementation of contemporary omni-channel retail concepts. Thanks to its open and platform-independent software solutions in the GK/Retail Suite, the company has established itself as one of the market’s leading providers of technology and innovations. Its solutions enable retail chains with numerous stores to optimize their business processes and to benefit from significant potential for saving costs and implementing customer loyalty programs in order to improve their competitiveness.
In addition to its own software solutions, GK Software SE also offers customers a comprehensive range of implementation and maintenance services. Having been acquired in 2012, AWEK GmbH and in 2015, the retail segment of DBS Data Business Systems Inc. In 2017, the company acquired a majority shareholding in prudsys AG, a company focused on artificial intelligence. In 2018, the valuephone GmbH was acquired, which develops leading solutions for mobile consumers.
The company employs 1,094 members of staff (figures for 30 June 2021) across its headquarters in Schöneck (Germany) and other business locations in Germany, Czech Republic, Switzerland, South Africa, Russia, Ukraine and the USA. GK Software SE’s customers include many well-known retailers, including Adidas, Edeka, Lidl, Aldi, Coop (Switzerland), Netto Marken-Discount, Hornbach, Migros, Grupo Kuo and Walmart.
The software is currently being used at almost 500,000 retail and payment installations across approximately 100,000 stores in more than 60 countries. The company has grown rapidly in recent years and its sales revenues totaled EUR 117.6 million in 2020. Since launching the company in 1990, the two founders Rainer Gläß (CEO) and Stephan Kronmüller (deputy board member), together with the experienced management team, have shaped GK Software into a profitable company exhibiting strong growth.
The Popken Fashion Group has implemented the AI solution GK Air Dynamic Pricing to minimise the manual effort involved in its pricing process and increase gross profit. With this step, the family-owned company specialising in plus-size fashion also wants to improve its margin by one to two percent through data-driven, dynamic pricing.
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Africa’s largest retailer, The Shoprite Group, is currently upgrading its entire POS software architecture for around 2,500 stores with GK OmniPOS.
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Thalia is the market-leading omnichannel bookseller in Germany, Austria, and Switzerland. With the installation of self-checkout terminals – as an addition to the manned cash register – the bookstore specialist wants to improve the shopping experience for customers and streamline internal processes.
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Edeka Jäger at Stuttgart Airport allows customers to shop autonomously at night. Shoppers then gain access via a Wanzl card access system and pay cashless at self- checkouts from Diebold Nixdorf running POS software from GK. Owner Florian Jäger explained the project to The Retail Optimiser.
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Since 1 June this year, Migros customers have been able to do their online shopping directly in the Migros app. The Swiss retail market leader fully integrated its online app into the Migros app at the end of May.
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Douglas is piloting mobile checkout directly on the sales floor. Sales assistants use the S-Payment app on their smartphone. This is integrated with the GK POS software and allows PIN entry on the device's touchscreen.
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Fujitsu was able to secure the majority of shares in GK Software SE on time. The authorities have also approved the takeover in the meantime. Thus, nothing more stands in the way of the plans for the acquisition of GK by Fujitsu.
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Fujitsu today announced its decision to make a voluntary public takeover offer to GK shareholders to acquire all shares outstanding of GK. The two companies have entered into a Business Combination Agreement. Rainer Gläß, GK's co-founder and CEO, will leave the company as a member of the Executive Board in the event of a successful takeover bid.
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For the 16th time, EHI Retail Institute this week announced the winners of the Retail Technology Awards Reta. The eight-member international jury of the award includes Retail Optimiser editors Björn Weber and Joachim Pinhammer as well as the publisher of the British trade magazine Retail Technology, Miya Knights.
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