Pricer: Modified Roll-out Schedule and Reduced Order Value for Best Buy’s ESL project
In December 2019 and February 2020, Pricer received orders from Best Buy to equip nearly 680 stores in the USA with Pricer’s ESL system during 2020 at a total value of around 925 MSEK. As a consequence of constraints to operate stores fully due to COVID-19, Pricer and Best Buy have come to an agreement to reduce the scope of the project by 150 stores and to delay the delivery of 40 stores into 2021. The revised total project value is estimated to 820 MSEK, of which 490 stores, equivalent to approximately 760 MSEK, remain scheduled for delivery during 2020.“These unusual circumstances