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Waitrose Partners With SOLUM to Introduce Electronic Shelf Labels Nationwide

Business

Waitrose Partners With SOLUM to Introduce Electronic Shelf Labels Nationwide
Business

Business

Waitrose Partners With SOLUM to Introduce Electronic Shelf Labels Nationwide

2025-12-11 16:00 Last Updated At:18:04

LONDON--(BUSINESS WIRE)--Dec 11, 2025--

Waitrose and SOLUM have announced a partnership to deploy Electronic Shelf Labels (ESL) across all Waitrose stores.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251211692071/en/

The rollout, planned for completion in 2026, will reduce the time spent on manual ticket updates, freeing up Partners to spend more time providing customers with the service Waitrose is renowned for.

SOLUM’s Newton Pro ESL was selected for its premium design, outstanding durability and quality, reliable performance, and suitability for the fast-paced demands of food retail.

Its refined aesthetic aligns with the look and feel of Waitrose stores, while its rapid update speeds and long-lasting operation support the high level of accuracy required across fresh, ambient and specialist categories. Newton Pro also includes a built-in button feature that can help streamline everyday operational tasks such as indicating stock status, offering Waitrose additional flexibility as its digital capabilities continue to grow.

Mark Duckworth, Country Manager UK & Ireland at SOLUM, commented:
“This milestone reflects the strength of SOLUM — not only in product quality and design, but in how closely we have aligned our goals with Waitrose throughout the process. From the initial PoC, our teams worked side by side to support their ambitions and ensure the solution delivered meaningful value in store. We’re proud to contribute to the high standards Waitrose sets and see this as an important step in enabling further innovation across the sector.”

About SOLUM

Founded in 2015 as a spin-off from Samsung Electro-Mechanics, SOLUM is a publicly traded company listed on the KOSPI stock exchange. The company has established itself as a leader in power solutions, display technologies, and electronic shelf labels (ESL), driving innovation across the global retail sector. With a strong commitment to customer-centric innovation and sustainable retail transformation, SOLUM continues to develop high-quality solutions that empower retailers to operate more efficiently in an increasingly digital world.

Learn more at https://www.solumesl.com/en.

Waitrose Partners With SOLUM to Introduce Electronic Shelf Labels Nationwide

Waitrose Partners With SOLUM to Introduce Electronic Shelf Labels Nationwide

NEW YORK (AP) — The U.S. stock market is holding relatively steady, for now, following sharp swings up and down since the war with Iran began and sent oil prices spurting. The S&P 500 was flat in early trading Tuesday, a day after careening from a sharp early loss to a solid gain. The Dow Jones Industrial Average slipped 34 points, and the Nasdaq composite edged up 0.2%. Trading was also relatively calm in the oil market, which has been the center of action because of worries about the potential for long-term disruptions to the energy industry in the Middle East.

THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.

Trading steadied early Tuesday and crude prices eased after wild swings this week with investors trying to figure out how long the war with Iran will continue.

Futures for the Dow Jones Industrial Average rose 0.2% before the opening bell, while S&P 500 futures inched up 0.1%. Futures for the Nasdaq were up 0.2%.

On Monday, markets swung from big losses to finish the day with gains, while oil prices neared $120 per barrel before falling back to about $90. Oil prices inched down further early Tuesday.

Helping to assuage investors’ fears, U.S. President Donald Trump told CBS News on Monday that he thinks “the war is very complete, pretty much.” However, Trump also made other somewhat contradictory comments that seemed to threaten intensified action against Iran if it makes any “attempt to stop the globe’s oil supply.”

Iran launched new attacks on Tuesday at Israel and Gulf Arab countries, keeping pressure on the Middle East in a war started by Israel and the United States 10 days ago that has sent oil prices surging.

Benchmark U.S. crude fell $5.44 to $89.33 a barrel. Brent crude, the international standard, dipped $6.97 to $91.99 a barrel. Oil prices are still up about 34% since the war began.

The average U.S. price for a gallon of gas continued to climb, rising to $3.54, according to auto club AAA on Tuesday. That average was just under $3 a gallon in the days before the conflict began, and $3.11 last week.

There is a great deal of uncertainty about just how high oil prices will go and how long they will stay there because of disruptions to Middle East energy facilities.

If oil prices stay very high for very long, household budgets already stretched by high inflation could break under the pressure. Companies would see their own bills jump for fuel and to stock items on their store shelves or in their data warehouses.

Concerns have focused on the Strait of Hormuz, a narrow waterway off Iran’s coast that a fifth of the world’s oil sails through on a typical day. Iran has threatened to set fire to ships sailing the strait.

Global shares rebounded Tuesday from their sharp declines a day before.

France's CAC 40 added 2.1% in early trading, while Germany's DAX surged 2.5%. Britain's FTSE 100 gained 1.7%.

In Asia, Tokyo's benchmark Nikkei 225 added 2.9% to finish at 54,248.39 after the government released revised economic data that showed Japan's economy grew slightly faster than initially estimated in the final quarter of last year, boosted by solid business investments.

Japan's economy expanded at an annual pace of 1.3%. The initial estimate was a much weaker 0.2%.

“Today is the rebound, obviously positive comments from President Trump overnight, we’re starting to see the light at the end of the tunnel for the war," said Neil Newman, a managing director and head of strategy at Astris Advisory Japan.

"So volatility is going to remain with us but things are certainly looking a lot brighter today,” he said.

Australia's S&P/ASX 200 gained 1.1% to 8,692.60. South Korea's Kospi jumped 5.4% to 5,532.59.

Hong Kong's Hang Seng added 2.2% to 25,959.90, while the Shanghai Composite index rose 0.7% to 4,123.14.

South Korea’s Kospi, where extremely volatile trading set off two circuit breakers in the past week, including Monday, rose more than 5% Tuesday.

In currency trading, the U.S. dollar rose to 157.78 Japanese yen from 157.67 yen. The euro was trading at $1.1646, up from $1.1636.

AP Videographer Ayaka McGill in Tokyo contributed.

Meric Greenbaum works on the floor at the New York Stock Exchange in New York, Friday, March 6, 2026. (AP Photo/Seth Wenig)

Meric Greenbaum works on the floor at the New York Stock Exchange in New York, Friday, March 6, 2026. (AP Photo/Seth Wenig)

The New York Stock Exchange is seen in New York, Friday, March 6, 2026. (AP Photo/Seth Wenig)

The New York Stock Exchange is seen in New York, Friday, March 6, 2026. (AP Photo/Seth Wenig)

Pedestrians mill about outside the New York Stock Exchange in New York, Friday, March 6, 2026. (AP Photo/Seth Wenig)

Pedestrians mill about outside the New York Stock Exchange in New York, Friday, March 6, 2026. (AP Photo/Seth Wenig)

Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI), right, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, March 10, 2026. (AP Photo/Ahn Young-joon)

Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI), right, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, March 10, 2026. (AP Photo/Ahn Young-joon)

Currency traders work at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, March 10, 2026. (AP Photo/Ahn Young-joon)

Currency traders work at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, March 10, 2026. (AP Photo/Ahn Young-joon)

U.S. President Donald Trump is seen on a screen as traders work at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, March 10, 2026. (AP Photo/Ahn Young-joon)

U.S. President Donald Trump is seen on a screen as traders work at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, March 10, 2026. (AP Photo/Ahn Young-joon)

Currency trader react near a screen showing the Korea Composite Stock Price Index (KOSPI), rear left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, March 10, 2026. (AP Photo/Ahn Young-joon)

Currency trader react near a screen showing the Korea Composite Stock Price Index (KOSPI), rear left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, March 10, 2026. (AP Photo/Ahn Young-joon)

A currency trader passes by a screen showing the Korea Composite Stock Price Index (KOSPI), rear center, and the foreign exchange rate between U.S. dollar and South Korean won, rear left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, March 10, 2026. (AP Photo/Ahn Young-joon)

A currency trader passes by a screen showing the Korea Composite Stock Price Index (KOSPI), rear center, and the foreign exchange rate between U.S. dollar and South Korean won, rear left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, March 10, 2026. (AP Photo/Ahn Young-joon)

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