Sale of Retail Insight Business Unit to Retail Solutions

Photon Group Limited (ASX:PGA) has announced the sale of a business unit of Retail
Insight Limited which provides point-of-sale data services to UK suppliers. The unit has been sold to Retail Solutions Inc.

Retail Insight’s UK-based business serving global retailers and providing global CPG
strategic planning and consultancy solutions will remain part of the Photon Group.

 

About Retail Solutions Inc.

Retail Solutions powers Retail Execution Management.  
Retail Solutions develops and delivers a comprehensive suite of Software-as-a-Service (SaaS) solutions that turn downstream data, such as point-of-sale (POS), supply chain, merchandiser feedback and customer loyalty data into actionable visibility into the store and onto the shelf.
More than 500 leading companies such as 3M, Abbott, Bausch & Lomb, Bayer, Colgate-Palmolive, Clorox, Heineken, HP, Kao Brands, Kraft, Nestlé, Novartis, Procter & Gamble, Reckitt-Benckiser, Roche, Schering-Plough Corp. and Unilever trust Retail Solutions to grow their retail sales, maximize in-store operation productivity, plan and execute more effective promotions, reduce their costs and join efforts with retail partners to improve shelf availability and consumer satisfaction. Please visit www.retailsolutions.com for more information.