Home / Knowledge / News / Information Technology / Innovative new solution to revolutionalise management of shopping centres
Innovative new solution to revolutionalise management of shopping centres
24
Nov '08
Eurostop, a leading supplier of retail management and EPOS solutions has developed an innovative new series of products and services to enable shopping centre owners to manage sales information from tenants. This enables landlords to effectively charge a commission fee on sales as part of a rental agreement, a concept that is very popular in the Far East.

The new product, called e-data, is available as a hosted service. It uses Wi-Fi to link all the tills in the shopping centre to collect sales data. This data is then either stored at Eurostop's data centre in Canary Wharf, where the landlords access information via a broadband connection, or can be sent directly to the landlord for storage within their own IT infrastructure.

The system allows each tenant to be setup with a username and password and also includes facilities for the tenant's branding to be displayed. There are a variety of submission methods for sending the data, including a web service using XML, FTP CSV import and manual entry. The tenants receive confirmation that their data has been sent and received by the landlord and are also supplied with reports enabling them to view their data.

e-data is designed to use wireless technology, which means no expensive cabling is required – a major barrier to implementing new systems once shopping centres have been fitted out. This also cuts support costs considerably.

Eurostop also offers an option for the system to be hosted at its datacentre, so there are no support costs and no requirement for onsite IT staff. The landlord accesses data via a user-friendly reporting tool, provided by Eurostop which enables them to analyse data in great detail.

Richard Loh, Managing Director of Eurostop said, “e-data, our shopping mall solution has been developed for the Far East market, however, we believe that it will be very well received in the UK market also. As landlords are under pressure to lower rents, having an easy to install system that can monitor tenants' sales enables them to offer flexible rental agreements, where some element of the rent is based on sales achieved. This benefits both the landlord and the tenant.”

Founded in 1990, with operations in London, Singapore and Shanghai, Eurostop provides complete solutions for Retail Management for the Fashion, Footwear and General Merchandise sectors encompassing both hardware and software.

Eurostop


Must ReadView All

Courtesy: Stone Island

Apparel/Garments | On 25th Jun 2018

Stone Island has mastered ingredient branding: Braind

Italian high-end men's apparel brand Stone Island tops the list of...

Courtesy: Tecnorama

Textiles | On 25th Jun 2018

'Tecnorama automatic dyeing system offers efficiency'

Italy based Tecnorama’s fully-automatic machinery for dispensing...

Courtesy: Lenzing

Textiles | On 25th Jun 2018

Lenzing launches Veocel nonwoven speciality brand

Leading fibre company, the Lenzing Group has unveiled Veocel, the new ...

Interviews View All

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Top executives
Textile industry

Overall, Union budget 2018-19 is very balanced

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search