- Danavation (DVN) will roll out its Digital Smart Labels into all 11 Impulsora stores in Mexico
- Impulsora is Mexico’s largest distributor of electrical and lighting equipment
- The milestone, which also includes three anticipated new locations, follows a successful initial installation announced in December 2021
- Danavation Technologies offers micro e-paper displays, known as Digital Smart Labels, and a software platform to automate labelling, price, product and promotions in real time
- Danavation (DVN) is up by 2.27 per cent trading at $0.225 per share
Danavation (DVN) will roll out its Digital Smart Labels into all 11 Impulsora stores in Mexico.
Impulsora is Mexico’s largest distributor of electrical and lighting equipment. It reported US$129.3 million in sales in 2019.
The milestone, which also includes three anticipated new locations, follows a successful initial installation announced in December 2021.
The rollout is being executed through Danavation’s partnership with Unoretail, a marketing and distribution provider of networking and point-of-sale systems in Mexico.
The installation is slated for completion by mid-2023.
“We are very excited to extend our relationship with Impulsora, who have realized tangible benefits from using our Digital Smart Labels in their first location,” said John Ricci, CEO of Danavation. “We look forward to building on this momentum with further coming installations, partnerships and deployments of our Digital Smart Labels into new brands, verticals and geographies.”
Danavation Technologies offers micro e-paper displays, known as Digital Smart Labels, and a software platform to automate labelling, price, product and promotions in real-time.
Danavation (DVN) is up by 2.27 per cent, trading at $0.225 per share as of 2:50 pm ET.