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Magnit Announces Technology Expansion With NCR Corporation

Russian retailer Magnit is to extend its cooperation with NCR Corporation, which will see a wider installation of the technology provider's NCR Fastlane SelfServ checkouts in stores.

The agreement will run for two years, over which time around 2,000 units will be installed in Magnit stores across Russia.

“In the current economic climate, self-checkout can provide added benefits for retailers. This technology enables retailers to better service customers without increasing the number of staff”, said Andriy Pinkevych, area sales leader at NCR Russia’s Retail Solutions Division.

Magnit is the largest grocery retail network in Russia.

© 2016 European Supermarket Magazine – your source for the latest retail news. Article by Stephen Wynne-Jones. To subscribe to ESM: The European Supermarket Magazine, click here.

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