1/15/2003 - Fujitsu Transaction Solutions Inc. will supply its TeamPoS 2000 point-of-sale systems and managed services to more than 500 Ross Stores nationwide, through an agreement announced. Ross Stores, Inc. (Nasdaq: ROST) operates a national chain of off-price retail stores offering first-quality, in-season, branded apparel and apparel-related merchandise for the entire family at prices that average 20 to 60 percent less than department and specialty stores, as well as merchandise for the home at similar savings. The company posted annual sales of $3.0 billion in fiscal 2001 and currently operates 507 stores in 23 states.
Fujitsu will supply TeamPoS 2000 POS terminals along with complete project management, staging, integration, installation and maintenance services for the Ross Stores chain.As an off-price retailer, we are as value-conscious as the customers we serve,” said Rich White, senior vice president and chief information officer at Ross Stores.
There are three ways to reduce cost – displace it, by replacing the cost with a lower one; avoid it, by investing in better processes; and improve performance. The combination of Fujitsu’s TeamPoS architecture and complete, lifecycle solution of hardware, services and support were a clear indication of Fujitsu’s focus on the type of relentless cost reduction that will ensure our continued success. We absolutely believe that by relentlessly driving down our costs, we will differentiate our business performance – for customers and shareholders alike.”
Ross Stores’ philosophy mirrors the value proposition that Fujitsu offers its customers,” said Austen Mulinder, president and CEO of Fujitsu Transaction Solutions. “There are myriad ways to drive cost into the retailer’s operation. Fujitsu’s approach is based on driving cost out, through retailer/store systems supplier partnerships that drive continuous value improvement and build a sustainable competitive advantage for the retailer.”
The TeamPoS 2000 is a point-of-sale system that adapts easily for POS, customer kiosks, multimedia displays or management terminals. Its modular design enables the system to grow and change with the retailing environment, resulting in the elimination of costly system replacements, maintenance and upgrades. Designed to operate in either Microsoft Windows or Linux environments, TeamPoS 2000 allows retailers to choose from a wide range of configuration options. It supports multimedia, CRM and e-business applications to fit specific in-store objectives.
About Fujitsu Transaction Solutions Inc.
Fujitsu Transaction Solutions Inc., headquartered in Dallas, is the IT “lifecycle solutions” provider for retailing technologies. The wholly owned subsidiary of Fujitsu Limited (TSE: 6702) helps customers relentlessly drive costs out of retail operations and improve business performance by optimizing how technology assets are managed throughout the life cycle, from evaluation and acquisition to integration, implementation, service, support and replacement. Fujitsu’s portfolio includes infrastructure management services, point-of-sale hardware and software, handheld devices and Web-enabled automated-teller machines. The company has operated in North America for more than 30 years and has more than 1,000 employees and 25 offices in the U.S., Canada and the Caribbean. It serves customers such as Ahold, Albertson’s, Best Buy, Frito-Lay, Nordstrom, REI, Sears, Staples and The TJX Companies, among others.
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