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Smart label company signs multi-location contract in Quebec

Market News, Technology
CSE:DVN
31 May 2023 13:09 (EDT)
Danavation - President and CEO, John Ricci (eighth from left).

Source: Danavation.

Smart label company Danavation has announced a multi-store contract with Pitou Minou & Compagnons in Quebec.

PMC is a partner of Global Pet Foods, the largest Canadian-owned pet specialty retailer.

Digital smart label installations will cover eight franchised locations, representing revenue up to C$500,000.

The first installation is expected to be completed by early August, with the remaining seven locations following at a rate of one to two per week.

With approximately 40 PMC stores currently operating in Quebec and more opening each year, the partnership offers potential future growth opportunities for the company.

Danavation’s Digital Smart Labels streamline operations by reducing inaccurate shelf pricing and freeing up staff time for customer service, ultimately leading to improved margins and bottom lines.

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.

The smart label company (CSE:DVN) opened today at $0.14.

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