Manama Group has selected Landsteinar G.C.C. to implement Microsoft Dynamics NAV, LS Retail and LS Hospitality.
Al Manama, one of the fastest growing supermarket & Restaurant chains in the United Arab Emirates, has commissioned Landsteinar G.C.C., a LS Retail partner in Dubai and one of the leading providers of Microsoft Dynamics NAV solutions, to develop and implement a solution to manage Al Manama’s Financials, Human Resources and Payroll, Trade and Retail Point of Sale functions and Hospitality for their restaurants.
Al Manama has selected Landsteinar G.C.C. as its partner for this project as Landsteinar G.C.C. proved to have understood the needs and vision of Al Manama and because they demonstrated their experience of the Retail/Hospitality industry and proven track record in implementing LS Retail and Microsoft Dynamics NAV.
Both companies has expressed their full commitment to work together to take full advantage of LS Retail’s unique use of a single application to cover everything from the POS terminals, store systems, and all the functions that a company would expect to find at head office.
For further information on Al Manama, please visit www.al-manamagroup.com

We would like to thank all of you for visiting us at the 2008 Convergence in Copenhagen. We are very satisfied with the outcome of this important event. The LS Retail Team took part in more than 120 meetings/presentations and over 200 visitors came to our stand to check out our products, chat with our people and establish or strengthen relations.
Even though our experts at Convergence were quite busy at the stand, LS Retail took part in break-out sessions elsewhere and presented LS Retail NAV 2009 at the Microsoft stand to mention only some of the exciting areas where the company was represented.
LS Retail used the opportunity to introduce LS Retail AX 2009 and LS POS .NET 5.4.0 that have now been released, and also presented RFID for LS POS .NET. The interest in the upcoming LS Retail NAV 2009 was very encouraging indeed. New demo CDs and updated marketing brochures were handed out to visitors and they got a chance to try out our new E-Learning program.
There is a world of opportunities ahead and we are determined to stay focused on using every available chance to create awareness of the position our products maintain in the competitive retail business. Our people and partners will present the LS Retail 2009 versions of our products at several events in the coming months:
NRF, New York
Launch of NAV 2009, USA
EuroCis 2009, Dusseldorf
LS Retail Partner Conference 2009, Paris
Convergence US 2009, New Orleans
Directions EMEA, Barcelona
The Retail Business Show, London
Retail Expo, Hong Kong
We look forward to future cooperation and hope to see you again at any of these events or in another context.

The Early Bird registration deadline for our Worldwide Partner Conference in Paris is November 27th 2008, as we announced recently. The LS Retail Team has now returned from a very successful Convergence in Copenhagen, and as we wish to remind you of the next major event - the 2009 Partner Conference in Paris, we send our best greetings and thanks to all who contributed to the good times in Denmark last week by visiting our stand, attending meetings and partying with us.
The Worldwide LS Retail Partner Conference will take place 17-20 February 2009 and will be our best ever.
The registration form can be downloaded from this page – in the left column click on Partners and then Events and PC 2009 Paris.

As you may be aware, money transfers to and from Iceland have not been functioning properly following the nationalization of the Icelandic banks.
LS Retail is absolutely reliant on smooth international trade as the company generates approximately 98% of its income outside Iceland.
We have therefore established new banking relations with the Den Norske Bank (DnB) in Norway. DnB is partly owned by the Norwegian state and is without a doubt one of the most prestigious and secure banks in the world.
We can assure you, that LS Retail is in exceptionally good standing, with profitable operations and equity ratio of approximately 90%. It is our belief that LS Retail is one of Iceland’s most promising companies with its current installations in 130 countries worldwide.
Thank you for your understanding.
Sincerely
Gunnar Björn Gunnarsson CEO

The 2008 Convergence EMEA takes place November 19-20 in Copenhagen. Convergence is the perfect opportunity for partners, customers, prospects, Microsoft professionals and LS Retail to meet. Therefore LS Retail has made the largest investment ever in an exhibition. The reason is that we have exciting stuff to present. Our product teams have been working hard to prepare:

l  LS Retail AX 2009 and LS POS .NET for Microsoft Dynamics AX 2009
l  LS Retail NAV for 2009 Microsoft Dynamics NAV 2009
l  A prototype of a new Data Exchange product to complement the Data Director in Enterprise installations

In light of financial turbulence on the Icelandic market I would simply like to emphasize the following:

l  All cash equivalents by the LS Retail are secure
l  The company’s liquidity is outstanding
l  The company is in profit and still expanding
l  The  overwhelming  share  of  the  company’s  income  is  in  foreign  currency  and therefore not affected by
     negative currency fluctuations of the ISK

As usual Directions explore the latest trends and happenings in the Dynamics NAV Community. The conference contains educational seminars with industry leaders, enlightening updates from Microsoft executives, and the opportunity to network with our colleagues.

“This is exactly why we take part in this conference” says Mr. Runar Sigurbjartarson- Partner Manager for USA, Canada and Latin America.

In the year since LS Retail ehf became an independent unit, the company has grown in strength, and the future looks bright. The inclusion of LS Retail in the 2008 Microsoft Inner Circle and President´s Club was a major boost. With more demand for the company products all over the world, LS Retail has recruited a number of new employees to face new challenges with a strengthened team in all positions.

Not many retailers can attract 15.000 to 60.000 visitors in a single day, let alone serve them all. IKEA is one of few or perhaps the only retailer that can pull this off. The opening of a new IKEA store in Athens, Greece earlier this year was a testimony to this. On the opening day the new IKEA store celebrated with 25.000 visitors, 7.930 sales transactions and 23.000 items sold in the restaurant and the Swedish food market.

On the eve of the first anniversary of LS Retail ehf, the company has taken into use new telephone and fax numbers:
Tel: +354 414 5700
Fax: + 354 414 5710
We would like to ask all those who need to contact us to please update the information about LS Retail accordingly.

We are very pleased to announce that LS Retail ehf has been granted membership to the 2008 Microsoft Dynamics Inner Circle. Only the best of the best are given access to the Inner Circle; it is reserved for the very top echelon of the Microsoft partner channel.

LS Retail will be very visible at the Microsoft WPC 08 in Houston:

LS Retail will hold a Partner Conference in Week 8, 2009 in Paris, France in close cooperation with Microsoft France. We urge you to please mark this event in your calendar now. Further information on dates, agenda and registration details will be published on the LS Retail website. A special conference page will be set up on this website later in the year and details will be sent by e-mail to partners.

A unique business model that combines portable electronic entertainment with travel. More than 50 stores located in major airports and train stations. Limited store space. Changes from rental products to retail business. Merger with another airport retailer.

LS Retail in Detail, the first ever major technical event organised by LS Retail in the Asia Pacific region, has been successfully concluded in Singapore on 21st May 2008.

The Evrotek Group (Ukraine) has opened the first four stores in its new Fresh chain. The stores are located in Kerch and Krivoi Rog. LS Retail manages shops on the base of Microsoft Dynamics NAV, implemented by the specialists of Impact-Soft.

Retail in Detail for EMEA in Reykjavik will be held 10.-11. June at Laugar Spa close to the LS Retail headquarters. In early May, the capital has enjoyed the warmest start of summer since 1961 and we hope that our participants from abroad will have a good time in Iceland. Unfortunately there is a limit to how many participants we can register for this kind of events for everyone to get maximum value. It is, of course, marvellous to feel the great interest from partners all over, but sadly we cannot accept any more registrations for the Reykjavik RID.

The first out of four consecutive Retail In Detail sessions was held in Berlin at the art´otel May 6th and 7th. The high-level presentations from the LS Retail Team of experts were well received by the 45 participants joining us from 20 LS Retail Partners.

Microsoft Iceland recently proudly reported on its Partner Program Website that Landsteinar Strengur had been awarded first prize for Microsoft Dynamics NAV sales in Q1 2008. This sales competition was open to every Microsoft partner selling Microsoft Dynamics NAV in W-Europe. Landsteinar Strengur is LS Retail’s Icelandic Partner. We at LS Retail echo Microsoft’s congratulations to Landsteinar Strengur and we are certain that the good sales results will continue.

A joint retail seminar, sponsored by Microsoft Japan, Pacific Business Consulting (PBC), an LS Retail Business Partner and Zeal, was held at the Microsoft Tokyo office today with a turnout of over twenty people from the retail industry.

There are not many retailers who can attract 15.000 to 60.000 visitors to a store on a single day, and let alone serve them all. IKEA is one of few or perhaps the only retailer that can pull this off. The opening of a new IKEA store in Athens, Greece was a testimony to this. On the opening day, March 26th 2008, the new IKEA store celebrated with 25.000 visitors, 7.930 sales transactions and 23.000 items sold in the restaurant and the Swedish food market.

Jan Sikkes has fully completed the implementation of Microsoft Dynamics NAV and LS Retail. K3 Landsteinar, LS Retail partner in the Netherlands, has done the implementation.

Arquiconsult, Sistemas de Informação, Lda, was chosen by Blockbuster, the video rental world giant franchise, to implement a project on information systems in Portugal.

Fillgap, LS Retail partner in Latin America presented LS Retail at ExpoANTAD, the most important expo for the retail industry in Latin America.
ExpoANTAD was held from the 4th to 7th of March in Guadalajara, Mexico.
Fillgap was at Booth 132 in the Technology Pavilion.

Today Qurius NV and LS Retail have concluded a European reseller and marketing agreement to distribute the solutions of LS Retail in all Qurius countries.

The new system will integrate with Agent Provocateur's e-tail and back expansion.

The White Company, the leading multi-channel luxury home accessories retailer has commissioned K3, LS Retail Partnerand the the UK's largest provider of Microsoft Dynamics to implement their retail solution.

Clinton Cards, the UK's largest specialist retailer of greetings cards, has commissioned K3, LS Retail partner in UK and the UK's largest provider of Microsoft Dynamics, to develop and implement a solution to manage Clinton Cards' central merchandising, stock ordering and sales analytics across its 1,100 stores.

Bestseller is an international retailer and wholesaler operating in the fashion sector. With plans to open 1,000 new stores in the next two years, the company wanted to implement a retail solution that would support continued expansion. Bestseller chose to standardise on Microsoft Dynamics™ NAV, and found in its first deployment that it could open new stores faster, and that employees’ productivity and business insight was increased.

K3 will be showing the LS Retail Solution at The Retail Business Show 2008 held at Olympia, London, a free industry-leading event now in its third year.