Loomis, the UK’s premier cash management specialist, is already looking forward to 2020 and the annual Retail’s Best event, due to take place on 19th March at Chateau Impney in Worcestershire. Put together ‘by retailers, for retailers’, Retail’s Best brings together many leading suppliers with hundreds of independent businesses in the world of food service, convenience retailing, motor fuel retailing and retail technology.
Loomis is proud to be the exclusive ‘Secure Safe Cash Deposit Sub Partner’, an honour in itself since sub partners are carefully selected in accordance with the benefits of product, service or insights they can deliver to the event’s attendees who, likewise, are by invitation only.
What this makes for is an exciting, vibrant and productive event where sub partners and attendees are fully invested in driving, supporting and growing businesses and people.
In the case of Loomis it is, of course, all about cash management solutions - taking care of the cash circulating in society so that business owners can take care of business.
With so much discussion about a ‘cashless society’ the fact remains that for many businesses and customers ‘cash is still king’.
Research shows that for particular types of business, purchases and customer demographics, cash is the preferred means of payment and as such is an integral part of the business offering.
Retail’s Best brings together some of the most influential forecourt, convenience store and independent retailer owner/operators in the UK, representing over 3,500 sites between them, and all of whom need to manage cash safely and efficiently.
In recognition of the specific needs of this type of sector Loomis has developed SafePoint - a suite of cash management solutions designed to provide accurate, effective and safe cash management. SafePoint is the key to handling and recycling cash, both now and in the digital future, and offers a wide range of options which can be tailored specifically to the size of business and number of operatives - starting at single, one person outlet to larger businesses with numerous employees.
A unique range of end-to-end back office cash management solutions, SafePoint has at its core a range of unique graded ‘smart safe’ solutions, developed by Loomis to preclude on-site access, meaning that once the cash is in the safe it really is safe and inaccessible - a valuable deterrent to fraud and theft.
Add to that a range of unique technologies which include intelligent note and coin readers and automated banking and services which include cash in transit collection (CIT) and cash processing - and suddenly cash retailing is no longer time consuming or open to error.
Our research has shown that businesses using SafePoint benefit from as much as a 60% reduction in cash handling hours and that 40 minutes cashing up at the end of the day can come down to as little as 4 minutes; SafePoint certainly takes the hard work out of counting, sorting and banking takings!
More details about SafePoint cash management and intelligent safe solutions can be found at www.loomis.co.uk/our-solutions/safepoint - together with a range of testimonials from business already benefitting from SafePoint.
Simon Wood, Loomis Commercial Director, comments, “Loomis is really looking forward to connecting with those businesses it sets out to support at Retail’s Best 2020. To sharing knowledge, engaging and helping businesses to grow through safe, effective cash management solutions”.
Loomis offers safe and effective comprehensive cash management solutions for the distribution, handling, storage and recycling of cash and other valuables. Loomis customers are banks, retailers and other operators.
Loomis operates through an international network of more than 400 branches in more than 20 countries. Loomis employs around 25,000 people and had revenue in 2018 of SEK 19.2 billion. Loomis is listed on Nasdaq Stockholm Large-Cap list.