GK

Benjamin Beinroth has left Fressnapf. As Head of IT and member of the management board, he played a key role in shaping the processes and systems of Europe's leading pet supplies retailer for over nine years. After Fressnapf founder Torsten Toeller brought investment company Cinven into the company last summer and Fressnapf-CEO Johannes Steegmann left, there is reportedly a lot…

The rise of self-checkout systems has transformed the retail landscape, with two-thirds of consumers under 35 now preferring this method. However, as usage increases, so does theft, leading to significant loss & inventory discrepancies for retailers. Studies indicate that even generally honest customers are prone to exploiting self-checkouts.

Aldi Nord has found a new CIO. According to Lebensmittel Zeitung, Oliver Tackmann, who played a key role in shaping DIY store franchisor Obi during his long career as it head of IT and logistics, is to become the discounter's Chief Information Officer.

Vienna-based fiscalisation specialist Fiskaly has acquired its competitor Deutsche Fiskal from GK. Deutsche Fiskal will continue to operate in the same way under the new ownership. Deutsche Fiskal's customers include almost all major German retail companies, including those that do not use GK at their checkouts.

Africa’s largest retailer, The Shoprite Group, has successfully completed the implementation of its new POS system from GK in its 2,450 South African stores in just five months. The implementation of GK Software’s new POS system represents a significant development in Shoprite’s efforts to enhance its omnichannel retail operations.

GK has acquired Nomitri, a start-up company specialising in vision recognition. The Berlin-based start-up's solutions will be fully integrated into GK’s retail platform Cloud4Retail under the name GK Vision. Nomitri will continue to exist as a wholly owned subsidiary of GK.

In the highly competitive POS software market, GK was able to significantly expand its market position and achieved second place behind market leader NCR Voyix. RBR Data Services’ study Global POS Software 2024 expects a growing demand for new solutions. However, more and more retail companies rely on proprietary solutions.

Canada's largest alcoholic beverage retailer, Liquor Control Board of Ontario (LCBO), has selected GK Software's Cloud4Retail solution as part of its multi-year Future State Modernisation (FSM) transformation programme.

US petrol station and convenience store operator RaceTrac is implementing GK to improve its operations and customer loyalty. Yesterday, at the EHI Technology Days in Bonn (Germany), Tyler Grubbs, RaceTracs’s Executive Director of Digital and Store Technology, shared insights into the radical techology revamp of the petrol station group.

Aldi Nord is testing a modified self-checkout strategy at three stores in Germany. Similar to its competitor Lidl, the discounter is using GK's software consistently for both manned checkouts and self-checkouts. The discounter also uses the same hardware components in the checkout lanes as at the self-checkouts. The counter for the current self-checkout prototype is supplied by shopfitting specialist Kesseböhmer.