BJ's to Roll Out NCR Electronic Shelf Labels in All Connecticut Stores; NCR RealPrice Solution Assures Pricing Accuracy, Improves Store Operations.Business, Consumer/Retail & High-Tech Editors ATLANTA--(BUSINESS WIRE)--May 13, 2002 BJ's Wholesale Club BJ's Wholesale Club, Inc. NYSE: BJ is a membership-only warehouse club chain operating in the East Coast of the United States, as well as in the state of Ohio. History , Inc. (NYSE NYSE See: New York Stock Exchange :BJ), a leading warehouse retailer in the eastern United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , today announced plans to equip its seven Connecticut stores with the latest electronic shelf label Electronic Shelf Label is a system used by Retailers for displaying price on shelves. Automating the price change process enhances in-store merchandising and store compliance. These features add up to increased sales and reduced overall operational costs. (ESL (1) An earlier family of client/server development tools for Windows and OS/2 from Ardent Software (formerly VMARK). It was originally developed by Easel Corporation, which was acquired by VMARK. ) technology from NCR Corporation (NYSE:NCR (NCR Corporation, Dayton, OH, www.ncr.com) A technology company specializing in financial terminal transactions, retail systems and data warehousing. Until the late 1990s, NCR was heavily invested in the hardware side of the industry, known worldwide as a major manufacturer of computers ). ESLs are digital tags that can be attached to store shelves or other fixtures, where they display pricing and other information in large, clear characters. The NCR RealPrice(TM) wireless ESL solution uses the same computer file as the store's point-of-sale system, so when purchases are scanned at checkout, the price always matches the price in the aisle. "The reaction of our customers to ESLs has been exceptionally positive," said Michael Wedge, executive vice president of Store Operations for BJ's. "Members appreciate knowing prices are consistent from shelf edge to checkout, and find the digital labels easy-to-read. Being able to change prices quickly and easily also helps us improve operational efficiency and maintain our everyday low prices." BJ's was among the first retailers in the world to install NCR's wireless ESLs. The company decided to install the latest generation NCR RealPrice solution -- which offers increased functionality and a 12- to 18-month return on investment -- following a successful pilot in a Willimantic, Conn., store. NCR, the first company to offer a wireless ESL system, is a leader in this industry with more than 150 installations in 11 countries. "Business leaders today say, `show me the money,' before they make investment decisions," said Pete Bartolotta, vice president and general manager, NCR RealPrice. "And retailers are getting the message that NCR RealPrice quickly impacts their bottom line, as well as customer satisfaction. ESLs are becoming mainstream technology in the retailing industry." About BJ's BJ's introduced the wholesale club concept to New England in 1984, and has since expanded to become a leading warehouse chain in the eastern United States. The Company currently operates 134 clubs and 55 gas stations compared with 118 clubs and 34 gas stations one year ago. BJ's press releases and filings with the SEC are available on the Internet at www.bjs.com. BJ's common stock is listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol "BJ". About NCR Corporation NCR Corporation (NYSE:NCR) is a leader in providing Relationship Technology(TM) solutions to customers worldwide in the retail, financial, communications, manufacturing, travel and transportation, and insurance markets. NCR's Relationship Technology solutions include privacy-enabled Teradata(R) warehouses and customer relationship management (CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. ) applications, store automation and automated teller machines automated teller machine (ATM), device used by bank customers to process account transactions. Typically, a user inserts into the ATM a special plastic card that is encoded with information on a magnetic strip. (ATMs). The company's business solutions are built on the foundation of its long-established industry knowledge and consulting expertise, value-adding software, global customer support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services , a complete line of consumable and media products, and leading edge hardware technology. NCR employs 30,300 in more than 100 countries, and is a component stock of the Standard & Poor's 500 Index. More information about NCR and its solutions may be found at www.ncr.com. NCR, NCR RealPOS, NCR RealPrice, NCR RealScan, NCR EasyPoint, NCR FastLane and Teradata are trademarks or registered trademarks of NCR Corporation in the United States and other countries. |
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