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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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.
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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Spar Switzerland has teamed up with service station operator Avia to open its first autonomous Spar Express convenience store in its country. Via smartphone, customers gain access and register their purchases in the store.
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Codè Crai Ovest has started to deploy an app called `Last minute sotto casa' by start-up LMSC to minimise food waste. The Italian cooperative uses it to inform shoppers on items to be bought at lower prices shortly before they reach their expiry date.
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Following many years of cooperation, Dutch instore technology provider Pan Oston has taken over all shares of Swiss POS hardware specialist 4POS AG as of 1 December 2022. Both companies will nevertheless continue to serve the European market under their own brands and with their respective employees.
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Migros is testing the autonomous store concept Teo, which was developed by Tegut, in Bürglen in the Swiss canton of Thurgau since the end of last week. Different from Tegut's German Teos, Migros' uses its unified checkout software platform based on GK here, which also runs the retail group's self-scanning and self-checkout. Customers can scan and pay for their goods…
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Currently, retailers offer their customers the opportunity to scan items while shopping in over 46,000 stores worldwide. By 2027, this number will more than triple, according to the latest study of British market research company Retail Banking Research (RBR).
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