ProvencoCadmus job cuts save millions

Newly merged payment-technology company ProvencoCadmus expects an annual saving of $7.5 million from restructuring, states New Zealand Herald.

The company announced yesterday that it plans to shed about 100 jobs, a quarter of its total staff, as a result of doubling up arising from the merger of Provenco Group and Cadmus Technology this month.

Chief executive Jim Doyle said some sales, engineering and support roles would go, as well as some middle-management roles.

According to Retail Solutions Online, Celerant Technology has introduced CommandRetail.com, a product-specific Web site for the retail technology market that acts as a complete resource for the software and related products.

"CommandRetail.com allows for immediate access to information regarding the Command Retail product and has a greater focus on the technical side of the system," stated Ian Goldman, Celerant president and CEO.

"In an effort to make the site as informative as possible, we've incorporated screen shots and detailed descriptions of the features offered by our system. This site was created as a means to explain the functionality of the software and offers a great deal of educational value to clients and prospective clients, alike," he says.

One Step Retail Solutions recently published a new whitepaper, "The 6 Biggest Challenges Retailers Face Today", exploring a number of demographic and economic trends that have made retailing in the US more challenging, according to PR Web.

With the changes in the current economy, the whitepaper identifies how to meet today's retail challenges and demonstrates how small and mid-size retailers can create a sustainable, competitive advantage.

It examines the potential benefits and applications of point of sale software to enhance store operations and its effect on the ability of any retail business to survive and even expand during times of economic downturn.