7th Mar 2014 07:55
LONDON (Alliance News) - Escher Group Holdings PLC said Friday that it had won a contract with food retail chain Just Falafel to provide a loyalty, coupon and pre-payment service for its retail outlets in the UK.
Escher will provide a mobile wallet service for Just Falafel, which will launch this month in its Fulham store and be followed by a rollout in all of the retailer's stores throughout the UK.
"With increasing competition on the high street, businesses are constantly seeking ways to differentiate themselves," Escher Group Chief Executive Liam Church in a statement. "Providing customers with rewards for their custom and convenience in how they can fulfil their purchases is a key way for retailers to define and strengthen their offering."
The company didn't provide any financial details.
Escher primarily provides software for the postal industry. Its retail division provides point of sale software.
Shares in Escher last traded down 1.5% at 335.00 pence.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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