MarkitCarts are revolutionary new shopping carts which overcome the problems associated with conventional shopping trolleys. They provide retailers operating in a competitive environment with a real point of difference and competitive advantage to grow sales by the ability to generate considerable advertising income and allow retailers to cut a significant cost from their business.
The market which MarkitCart Group Limited seeks to serve is all major and minor retail outlets requiring shopping trolleys in Australia and New Zealand. If opportunities arise, MarkitCart Group Limited will look to make investments in markets beyond this target market. Within Australia and New Zealand each typical supermarket operates 400-500 shopping trolleys and on average these are replaced every five years. Major supermarket operators within Australia have 600+ such supermarkets each and are expanding their store numbers typically by 20+ supermarkets each year. A limited number of shares are still available
You can download the "Offer Document" from www.assob.com.au and go to code (MKT) or contact Clive Hartnett <chartnett@assob.com.au>