NEWARK, N.J., Jan. 25, 2017 /PRNewswire/ -- National Retail
Solutions (NRS), operator of one of the nation's fastest growing
point-of-sale networks for independent retailers, and Jetro, the
leading wholesale cash and carry supplier of retail groceries, are
partnering to help independent retailers and bodega owners become
more profitable and compete more effectively against large retail
chains by leveraging the power of NRS' point-of-sale (POS)
network.
Jetro customers can now purchase NRS' POS terminals at all Jetro
stores. The NRS terminals, which feature retailer and
customer-facing digital screens, can display ads and promotions for
consumer packaged goods (CPG) to customers before and during the
purchasing process.
The partnership will also allow Jetro and CPG suppliers to reach
retailers with special offers and discounts over the NRS
platform.
Historically, many bodegas could not accept manufacturer coupons
because there was no convenient method to provide verification of
the associated retail transaction to the coupon issuer.
Furthermore, CPG suppliers had no access to transactional sales
data from the large urban and immigrant consumer market that
purchases CPGs at local independent retailers.
NRS' rewards program, BR Club, solves these challenges and
provides a solution that benefits retailers, CPG suppliers and
consumers.
Through the NRS POS network and BR Club, independent retailers
can conveniently offer discounts and special offers on popular
CPGs, while seamlessly generating the associated sales data for the
CPG supplier. CPG suppliers can now reach this robust urban and
immigrant focused customer base more effectively with coupons and
special offers. Finally, urban consumers can save on CPGs
while shopping at local independent retailers.
"For years, CPG suppliers have sought a way to market
efficiently to the inner-city consumer and tap into this huge
market more effectively. Now, BR Club provides them with an
important new urban-focused channel," said Eli Korn, VP of NRS.
BR Club's discount offers bring in customers, increase sales,
and seamlessly integrate the Boss Revolution® suite of calling and
payment services into the NRS POS network.
"It's tougher than ever for bodegas and other mom and pop
retailers to compete against the big retail chains," said
Elie Y. Katz, President of
NRS. "We are delighted to team up with Jetro to help
independent retailers become more profitable. Jetro is
offering retailers our new POS terminals in all their stores, and
together we will help independent retailers take full advantage of
Jetro's low prices and special offers on products."
NRS currently has over 1800 terminals deployed with retailers
around the country, and its network is growing rapidly. "We
can't build and deploy the terminals quickly enough to meet the
demand. Retailers love our POS network's capabilities. It
provides a great tool to increase sales, lower costs, and compete
with local chains," said Katz.
Jetro sells top quality national and regional brands to
convenience stores, bodegas, and non-profit organizations. "We are
delighted to leverage the power of the NRS platform to bring the
advantages of Jetro to more retailers throughout the country," said
Jetro's Senior Director of Purchasing, Jason Wang. "NRS' revolutionary POS network
combined with BR club will help drive customer traffic to
independent retailers while helping to lower their costs and make
their operations more efficient."
About National Retail Solutions (NRS):
NRS operates a point-of-sale (POS) terminal-based platform for
independent retailers and bodega owners nationwide. The
platform provides a robust portfolio of tools to help these
retailers compete more effectively including rewards programs,
consumer coupons, wholesaler discounts, and integration with Boss
Revolution® communication and payment service products. The
promotions, coupons and special offers provisioned by consumer
package goods (CPG) suppliers provides them with unprecedented
access and marketing reach to independent retailers and their
urban, ethnically focused customer base. NRS is a subsidiary
of IDT Corporation (NYSE: IDT).
About Jetro:
Jetro has grown to become the USA's leading wholesale cash and carry,
serving grocery retailers and foodservice operators. Jetro Cash & Carry, offers convenient
locations where stores can come and shop to avoid the pitfalls of
buying on terms, paying hidden delivery charges and tying up money
in excess inventory.
Jetro is not open to the public, so a store owner will not see
their customers shopping in the warehouses. A Jetro membership card
is free for business owners and operators.
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SOURCE National Retail Solutions