Posiflex released three new touchscreen POS terminals
Hayward, Calif. — Posiflex has released three new POS terminals with projected capacitive flat, multi-touch, bezel-free touch screens as a standard feature, at no extra cost. The XT5315 is a high-performance touchscreen terminal with a choice of three CPUs, capable of running demanding resource-intensive applications.
The XT4015 touch terminal, previously with resistive touch, is now shipping with projected capacitive screens making multi-touch features now affordable. The HS2310, is an ultra-small all-in-one terminal with an integrated printer and MSR and is ideal where counter space is at a premium.
A 15 inch projected capacitive touch screen is a standard feature for the XT4015 / XT5315. The advantages of having projected capacitive touch include: 10-point multi-touch capability, a bezel-free 100% flat surface for a clean sleek appearance, a scratch-resistant surface to withstand the harshest environments, and works with gloves for maximum input flexibility. The mid-performance XT4015 and the high performance XT5315 have a collapsible folding base configurable for maximum viewing flexibility and reduced shipping costs.
Shipping soon, the high performance 15-inch XT5315 with projected capacitive touchscreen has a choice of three embedded Intel processors (Haswell) to choose from: Celeron G1820 (2.70 GHz), Core i3 4330TE (2.40 GHz), or Core i5 4570TE (3.30 GHz) supporting up to 16 GB of RAM. Operating system options include Windows Embedded POS Ready 7, Windows 7 Professional and Windows Embedded 8.1. As the XT5315 uses embedded CPU and operating systems, long term support and availability by Intel and Microsoft are assured, critical for long term store rollouts. The XT5315 also has an optional powered USB upgrade kit with (1) 24V USB 2.0 port, and (3) 12V USB 2.0 ports for additional peripherals, eliminating power brick and cable clutter.
Available now, the mid-range performance XT4015 with a 15 inch projected capacitive touch screen that has three Intel processors (Haswell) to choose from: the Celeron G540 2.5 GHz, Core i3-3220 3.3GHz, or the Core i5-3550 3.7 GHz supporting up to 16GB of RAM.
The HS2310 All-in-One solution, shipping soon, allows every inch of counter space to be used. With a footprint of a standard receipt printer, this 10” projected capacitive touch screen terminal comes integrated with a three-inch thermal printer, magnetic stripe reader, WiFi and optional secondary customer displays. The HS2310 runs the same software image as the Posiflex XT3215 and KS7215 touchscreen terminals. This means there is instantly a wide suite of applications that are seamlessly compatible, including self-service kiosk or POS systems for small and medium-sized hospitality, retail or convenience stores.
2Q comps tumble at HH Gregg
HH Gregg president and CEO Dennis May expected the company’s first quarter to be challenging, but he did not envision a 10.2% same store sales decline or a $10.3 million loss.
The operator of 228 appliance, electronics and furniture stores reported financial results for its first quarter ended June 30 and issued a dour outlook for the remainder of the year. Sales during the quarter declined 10% to $472.3 million from $524.9 million the prior year, due primarily to the 10.2% comp decline. With the company’s top line in decline, gross margins and profits came under pressure. The company reported a loss of $10.3 million, or 36 a share, compared to a prior year net loss of $1.3 million, or four cents a share. The earnings per share loss was 20 cents below analysts’ estimates.
To remedy the situation, May indicated the company will balance the need to drive near term results with long term investments execute a transformation around a broader assortment of home products.
“While we are making progress in many areas, we have opportunities for improvement in others. We have adjusted our advertising strategy to be more balanced, focusing more on traffic driving promotions versus the branding focused advertising that we did in the first quarter,” May said. “We are also making adjustments to the video and appliance categories and refocusing our broader efforts on driving traffic to our stores and website. We continue to make significant progress as it relates to the customer experiences inside our stores and on our website.”
Despite May’s assertion of “significant progress,” uncertainty around the time frame in which it will be achieve caused the company to suspend guidance for the remainder of the fiscal year. The company did provide some general direction on its performance though, indicating full year earnings would be below prior year results and that same store sales are expected to decline between high single digits and mid single digits, worse that an earlier forecast of a comps that ranged from flat to a low single digit decline.
“Management is executing its plans to transform our business and we are confident in our ability to establish HH Gregg as the home products retailer of choice for consumers,” May said. “We believe that executing on our initiatives of redefining our sales mix, differentiating our customer experience, enhancing our e-commerce capabilities and launching new IT based customer capabilities will improve the company’s operating profitability.”
Fortune Brands expands portfolio with Sentry acquisition
Fortune Brands Home & Security has acquired Sentry Safe, a leading manufacturer of personal safes with estimated annual sales of $150 million. The transaction closed early this week for $117.5 million and was funded from the company’s existing credit facilities.
Sentry Safe will become part of Master Lock, a leading padlock brand in North America. Sentry Safe is headquartered in Rochester, New York, and has approximately 500 employees, with manufacturing facilities in Rochester, New York, and Cannelton, Indiana.
“Sentry Safe’s global brand strength in the adjacent personal safe market enables Master Lock to broaden its product offerings and leverage its iconic brand worldwide," said Fortune Brands CEO Chris Klein. “Both companies hold similar competitive advantages in their markets and produce products that protect people’s most valuable assets. I am excited about the growth opportunities we will now have together to drive innovation, leverage global distribution and expand channels.”
News of the acquisition coincided with the company’s second-quarter results. Fortune Brand posted reported sales of $1.14 billion, an increase of 10% over the second quarter of 2013.
“Our teams executed well, delivering a solid second quarter as consumer traffic is increasing and demand gradually improved from the soft start to the year,” said Klein. “We continue to gain share and remain on track to deliver strong growth this year.”
Kitchen and bath cabinetry sales were up 19%, fueled by strong increases in the dealer channel from continued share gains and strength in repair and remodel volume and mix. Plumbing and accessories sales increased 5%, led by growth in the U.S. wholesale channel and international. Advanced material windows and door systems sales were up 9%. Entry doors sales were up 11% and windows sales were up 7% from the prior year.
Security and storage sales decreased 5%. Within the segment, security sales increased 1% and tool storage sales decreased 21%.
The company’s 2014 annual outlook is based on a U.S. home products market growth assumption of 6 to 8%. Based on the company’s expectation to continue outperforming the market and the benefit from the Sentry Safe acquisition, the company expects full-year 2014 net sales to increase 9 to 11%.
“We have seen a gradual improvement in the pace of new construction and consumer spending,” said Klein. “However, our updated 2014 annual outlook for the home products market now reflects less growth in the second half of 2014 than we last estimated. Still, we remain on track to deliver strong growth this year and are well-positioned for accelerating growth in 2015.”