Posted On: 07/30/2014 9:06:12 AM
Post# of 145278
$BRNW
July 30, 2014 (ACCESSWIRE via COMTEX) -- Retail Chain Store Management System Completes Product Initiatives into Major Indian Growth Markets
Allentown, PA / ACCESSWIRE / July 30, 2014 / Brainybrawn, Inc. (otc pink:BRNW) BRNW +22.22% announced that its Retail Chain Store Management System ("SANVI RCMS"
, is now installed and operational with a women's clothing retail chain in northern India. The application was being actively used at six of the chain's locations with options for continued expansion.
The acceptance of SANVI RCMS bodes well considering the opportunity presented by the large and rapidly expanding retail sector catering to India's 1.2 billion people, along with the Company's product expansion into the strong growth markets of Higher Education and Restaurant systems.
SANVI RCMS' comprehensive design integrates billing, purchase, inventory control, and accounts receivable into a functional management system for a retail store chain with more than one retail store. The application not only connects head-offices with retail locations but also links individual retail stores with each other and thereby brings about operational efficiencies across the entire range of the retail-chain's business.
In January 2014, the Business Line segment of The Hindu cited the Indian retail market, currently estimated at $490 billion, is project to grow at a compounded annual growth rate of 6 per cent to reach $865 billion by 2023. The Company believes that the expected overall growth in the retail sector in India creates an exciting opportunity for its Retail Line of products.
http://www.marketwatch.com/story/brainybrawn-...2014-07-30
Disclaimer:http://alturl.com/wysjh
July 30, 2014 (ACCESSWIRE via COMTEX) -- Retail Chain Store Management System Completes Product Initiatives into Major Indian Growth Markets
Allentown, PA / ACCESSWIRE / July 30, 2014 / Brainybrawn, Inc. (otc pink:BRNW) BRNW +22.22% announced that its Retail Chain Store Management System ("SANVI RCMS"
, is now installed and operational with a women's clothing retail chain in northern India. The application was being actively used at six of the chain's locations with options for continued expansion. The acceptance of SANVI RCMS bodes well considering the opportunity presented by the large and rapidly expanding retail sector catering to India's 1.2 billion people, along with the Company's product expansion into the strong growth markets of Higher Education and Restaurant systems.
SANVI RCMS' comprehensive design integrates billing, purchase, inventory control, and accounts receivable into a functional management system for a retail store chain with more than one retail store. The application not only connects head-offices with retail locations but also links individual retail stores with each other and thereby brings about operational efficiencies across the entire range of the retail-chain's business.
In January 2014, the Business Line segment of The Hindu cited the Indian retail market, currently estimated at $490 billion, is project to grow at a compounded annual growth rate of 6 per cent to reach $865 billion by 2023. The Company believes that the expected overall growth in the retail sector in India creates an exciting opportunity for its Retail Line of products.
http://www.marketwatch.com/story/brainybrawn-...2014-07-30
Disclaimer:http://alturl.com/wysjh
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