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Torex Profit Clinics boost margins

09 June, 2011
Page 4 

Retail technology provider Torex is launching Profit Clinics to show fuel and convenience retailers how to get the most out of their Torex point-of-sale system and grow their margins.

The programme has been trialled with more than 60 independent retailers so far, and on average, the sessions led to a 2% increase in profits, equating to an average of £10,000 a year for each store.

One customer which undertook Profit Clinic training was Top 50 Indie George Hammond. Director John Ryeland said the company achieved a 2.5% total gross margin improvement in its most successful store, and estimated that a 2% average will be achieved across all sites.