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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Universe Group Plc | LSE:UNG | London | Ordinary Share | GB0009483594 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 11.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMUNG
Universe Group PLC
25 October 2018
25 October 2018
AIM: UNG.L
Universe Group plc
("Universe", the "Group" or the "Company")
UNIVERSE LAUNCHES SCAN AND GO APP
Universe Group plc (AIM: UNG.L), a leading developer and supplier of point of sale, payment and loyalty systems, is pleased to announce the launch of an in-store scan and go app in partnership with Ubamarket. The Group has integrated this new functionality into its EPOS solutions to offer an end-to-end shopping experience which is now accessible for the convenience store market.
The app allows customers to complete their food shopping purchases using their mobile phone and has the ability to locate the goods on their shopping list and guide the customer around the store. Its creation speeds up service and allows customers to pay at the checkout using a QR ("Quick Response") code or through in-app payment methods which removes the need for customers to queue or unload items. The app is the only one on the market which offers an end-to-end solution including shopping list, product locations, loyalty, scan and go technology and product offers.
Jeremy Lewis, Chief Executive of Universe Group plc, commented:
"Scan and go apps are now available in some of the larger supermarkets but have yet to arrive in the convenience market. Through our partnership with Ubamarket, trials are now underway with selected retailers from the Londis and Budgens groups who run our EPOS solutions. We are delighted to be bringing this ground-breaking app to retailers and consumers."
Will Broome, Founder and Chief Executive of Ubamarket, said:
"The Ubamarket functionality is a high-tech, low-cost solution that is simple to implement and revolutionizes the shopping experience. We have been working with Universe for some considerable time as we found them the ideal partner as they share our passion for innovation and bring immense retail expertise in the convenience sector."
For further information:
Universe Group plc T: +44 2380 689 510
Andrew Blazye, Non-Executive Chairman
Jeremy Lewis, Chief Executive
finnCap
T: +44 20 7220 0500
Stuart Andrews / Henrik Persson (Corporate Finance)
Richard Chambers (ECM)
IFC Advisory T: +44 20 3934 6630
Tim Metcalfe
Heather Armstrong
Florence Chandler
About Universe Group plc:
Universe provides some of the world's leading retailers with point of sale, payment and loyalty solutions. The Group's solutions are based on its own proprietary software and are offered out of the cloud on a software as a service model with its data centres processing over 6 billion transactions every year. For further information, please see www.universe-group.co.uk
About Ubamarket:
With Ubamarket(R) a consumer can simply enter their shopping list and it will be rearranged into the order the items are displayed in the store. They can scan items as they shop, receive real-time personalized offers, plus automatic loyalty and check out without having to re-scan items or queue. Ubamarket(R) is available on iOS and Android. For further information, please see www.ubamarket.com.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
October 25, 2018 02:00 ET (06:00 GMT)
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