McDonald's to chart own POS course

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McDonald's and Torex Retail Holdings Ltd., licensor of the NewPOS point-of-sale software used in thousands of the quick-service chain's restaurants worldwide, have ended their collaboration and in the future each will refine the software as they see fit, they said.

The terms of the "new licensing arrangement" were not disclosed by either the restaurant chain's Oak Brook, Ill.-based-parent, McDonald's Corp., or Torex of Dunstable, England. McDonald's once held a financi

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