NCR Sees No Pick Up In Retailer Tech Spend Before 2010

June 15, 2009 at 5:00 am PT

Retailers aren’t likely to resume spending on their IT infrastructure again until at least 2010, according to NCR (NCR) Chairman and CEO William Nuti.

In an interview Friday afternoon with Tech Trader Daily, Nuti said that demand for the company’s point-of-sale retail terminals remains “slow around the world.” He says the sector will want to see signs of a pick-up in consumer discretionary spending in the upcoming back-to-school and holiday shopping seasons before showing a renewed willingness to invest. One key, he says, could be the direction of fuel price, which as Nuti notes has a strong correlation with consumer discretionary spending.

Read the rest of this post on the original site

Tagged with: Barrons, digital, economy, Eric Savitz, frontpage, hardware, NCR, point of sale, retail, software, Tech Trader Daily, venture capital, William Nuti

comments so far. Add yours.

Must-Reads from other Web sites

“You Get on the Internet and Pretty Soon You’re Drunk”: The Orthodox at Citi Field

Sean Patrick Cooper, Contributor, The Awl

Meet the Tireless Entrepreneur Who Squatted at AOL

Daniel Terdiman, Senior Writer, CNET

Mark Zuckerberg’s Unpleasant New Life

Felix Salmon, Finance Blogger, Reuters

Anyone Can Do It. Data Journalism Is the New Punk.

Simon Rogers, News editor, The Guardian

Fashion World Mulls Facebook IPO’s Impact

Rachel Strugatz, Editor, Women’s Wear Daily

The Unabomber’s Pen Pal

Jeffrey R. Young, Senior Editor, Chronicle of Higher Education

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Web Sites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other Web sites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Voices is edited by Beth Callaghan.