Co-op Expands Partnership With Diebold Nixdorf To Enhance Customer Shopping Journeys Through Self-Service And Traditional Point Of Sale

Rhea-AI Summary

Diebold Nixdorf (NYSE: DBD) has expanded its partnership with Co-op Group to offer managed services and remote monitoring for self-service and POS systems in the U.K. This collaboration enhances checkout speeds and operational efficiency. Co-op utilizes DN AllConnect Services, achieving 99% uptime and resolving nearly 80% of maintenance issues remotely. The EASY self-service solutions further reduce checkout assistance needs, ensuring a rapid customer experience. This pivotal relationship underscores Diebold Nixdorf's role in supporting Co-op's extensive member base.

Positive

• Expansion of services with Co-op enhances operational efficiency.
• Achieved 99% uptime for self-service and POS systems.
• Remote resolution of nearly 80% maintenance tickets improves service reliability.

Negative

• None.

NORTH CANTON, Ohio, Sept. 30, 2020 /PRNewswire/ -- Co-op Group, one of the world's largest consumer cooperatives, has expanded its relationship with Diebold Nixdorf (NYSE: DBD) to include managed services and remote monitoring of self-service and point-of-sale (POS) systems throughout the U.K.  This comprehensive offering optimizes members' shopping journeys by speeding up consumer checkout and enhances the company's operational efficiency.

Owned by around 4.6 million members, Co-op has over 60,000 employees and more than 2,600 local stores in communities, towns, villages and cities across the U.K. To ensure maximum availability for their checkout solutions, Co-op is utilizing DN AllConnect Services^SM for Retail, which leverages IoT technology. Diebold Nixdorf provides implementation services, IT support and remote monitoring through this comprehensive managed services offering. This has resulted in remote resolution of nearly 80% of Co-op's self-service maintenance tickets and has contributed to achieving 99% uptime of all self-service and POS systems.

David Robertson, retail IT director at Co-op, said: "Diebold Nixdorf is a long-term, strategic partner. Through our close working and collaborative approach we have been able to consistently provide our customers with a fast and efficient checkout experience – helping to keep our communities fed quickly, easily and safely. With millions of customer transactions per week, it's critical that our systems are operating when needed. Our customers know they can count on their local Co-op for a quick and convenient shopping experience."

To ensure speedier customer transactions with shorter lanes, Co-op installed Diebold Nixdorf's EASY range of self-service solutions. Co-op was focused on reducing the number of times assistance was required during checkout, and Diebold Nixdorf worked closely with Co-op and the product development team to increase checkout speed and improve the customer experience.

Ben Gale, regional vice president and managing director, Retail at Diebold Nixdorf, said: "We've worked closely with Co-op for many years and have a strong understanding of their Member and customer-led objectives, which allowed us to quickly support them in other areas of their business. Our strong service offering – underpinned by IoT technology and cloud-based analytics – enables the remote resolution of the vast majority of incidents and is a key factor in achieving 99% availability.

About Co-op

Co-op is one of the world's largest consumer co-operatives with interests across food, funerals, insurance, legal services and health. It has a clear purpose of championing a better way of doing business for you and your communities. Owned by millions of UK consumers, the Co-op operates 2,600 food stores, over 1,000 funeral homes and it provides products to over 5,100 other stores, including those run by independent co-operative societies and through its wholesale business, Nisa Retail Limited. It has more than 63,000 colleagues and an annual revenue of over £10 billion.

About Diebold Nixdorf

Diebold Nixdorf, Incorporated (NYSE: DBD) is a world leader in enabling connected commerce. We automate, digitize and transform the way people bank and shop. As a partner to the majority of the world's top 100 financial institutions and top 25 global retailers, our integrated solutions connect digital and physical channels conveniently, securely and efficiently for millions of consumers each day. The company has a presence in more than 100 countries with approximately 22,000 employees worldwide. Visit www.DieboldNixdorf.com for more information.

Twitter: @DieboldNixdorf
LinkedIn: www.linkedin.com/company/diebold
Facebook: www.facebook.com/DieboldNixdorf
YouTube: www.youtube.com/dieboldnixdorf

 

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SOURCE Diebold Nixdorf, Incorporated

FAQ

What recent partnership expansion involves Diebold Nixdorf (DBD) and Co-op?

Diebold Nixdorf expanded its partnership with Co-op Group to provide managed services and remote monitoring for self-service and POS systems in the U.K.

What are the benefits of Diebold Nixdorf's services for Co-op Group?

The benefits include enhanced checkout speeds, 99% system uptime, and the ability to resolve 80% of maintenance issues remotely.

How does Diebold Nixdorf support Co-op's operations?

Diebold Nixdorf supports Co-op with DN AllConnect Services and the EASY range of self-service solutions to improve customer experience and efficiency.

When did Diebold Nixdorf announce the expansion of its partnership with Co-op?

The announcement of the partnership expansion was made on September 30, 2020.

What stock symbol is associated with Diebold Nixdorf?

The stock symbol for Diebold Nixdorf is DBD.