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STRO: StrongPoint Order Picking agreement with leading grocery chain in Spain

12:58 / 22 September 2021 StrongPoint Press release

22.9.2021 12:57:59 CEST | StrongPoint | Non-regulatory press releases

(Oslo, 22 September 2021), StrongPoint has signed an agreement with a leading
grocery retailer in Spain to supply its Order Picking solution across the
retailers' national network of grocery stores where they offer e-groceries.

The decision was made after a competitive bid involving several potential
suppliers. The grocery retailer was seeking to upgrade its order fulfillment
solutions to improve customer experience and the speed of delivery.

Implementation is expected to start in Q4 2021 and continue in Q1 2022 as the
solution is rolled out across more stores.

"We are proud that another grocery retailer recognizes the efficiency savings of
our world-class Order Picking solution. The e-grocery market has grown
enormously, and grocery retailers have an opportunity to leverage their stores
to capture and grow online market share. Technology is the key to making that
happen at speed and at scale," said Jacob Tveraabak, CEO of StrongPoint.


* Hilde Horn Gilen, CFO StrongPoint ASA, +47 920 60 158,


StrongPoint is a retail technology company that provides solutions to make shops
smarter, shopping experiences better and online grocery shopping more efficient.
With over 400 employees in Norway, Sweden, the Baltics and Spain and together
with a wide partner network, StrongPoint supports businesses in more than 20
countries. StrongPoint provides in-store cash management and payment solutions,
electronic shelf labels, self-checkouts, task and labor management software,
click & collect temperature-controlled grocery lockers, in-store and drive-thru
grocery pickup solutions and, grocery order picking solutions. StrongPoint is
headquartered in Norway and is listed on the Oslo Stock Exchange with a revenue
of 1bn NOK [ticker: STRO].


Download announcement as PDF.pdf -
Oslo Børs

This information was distributed by Oslo Børs