TZ inks supply deal with Coles

Company News

TZ Limited (ASX:TZL) has inked a deal with Wesfarmers Limited (ASX:WES)-owned Coles to provide the supermarket with its SMArt Device system.

The software will be integrated with Coles Click & Collect refrigerated lockers as part of a trial in New South Wales, Queensland and Victoria early 2012.
The Click & Collect refrigerated lockers have been trialled this year, enabling customers to order online and pick up their grocery items at designated locations. 

TZ says it is pleased to be working with Coles to implement its technology solutions and looks forward to supporting the release of refrigerated lockers at Coles Express outlets.

In the 12 months to 30 June, 2011 TZ posted a net loss of $7.2 million.