Inside Retail

OCTOBER 13, 2021

Eftpos is partnering with banks, big retailers and fintech to allow consumers to pay using QR codes, and while this could be good news for small businesses too, industry groups say “the devil is in the detail”. Supermarket giants Coles and Woolworths are also on board as first adopters. What do QR-code payments mean for SMEs?

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Retail Minded

NOVEMBER 8, 2022

Although self-service checkouts were first introduced in 1986 , they are still far from perfect. University of Leicester’s Adrian Beck, a retail finance expert, estimates that moving half or more of transactions to self-service pushes losses 77% higher. Frictionless checkout makes shopping seamless for everyone.”.

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Retail TouchPoints

APRIL 17, 2023

While most supermarkets prioritized developments that facilitated COVID-era shopping behaviors like grocery delivery, curbside pickup or self-checkout, grocery shoppers are now looking for improved in-store experiences. For many in the grocery industry, however, adopting these practices has been slower.

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I Vend

AUGUST 10, 2021

The COVID surge for supermarkets The pandemic hit many retailers hard, with stores shut and high streets deserted. According to industry experts The Grocer magazine, UK supermarkets continue to see high levels of growth. iVend Supermarket iVend helps supermarkets offer uninterrupted service to their customers.

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365 Retail

APRIL 27, 2023

It’s fair to say that self-service checkouts are not universally popular with shoppers. The biggest reason is the irritation we experience when the process doesn’t work smoothly, particularly from the ‘unknown items in the bagging area’ Many of us have felt this frustration at the grocery store.

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365 Retail

FEBRUARY 1, 2022

Asda has announced it will be the first supermarket to trial an automated age verification solution at self-checkouts which aims to make it easier and quicker for customers using this facility. The post Asda to trial digital ID at self-checkouts appeared first on 365 RETAIL | Retail Technology News.

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I Vend

FEBRUARY 9, 2024

All retail processes iVend helps retailers become irresistible to shoppers. Process automation – such as inventory management , tracking stock levels and re-ordering. Customer service – chatbots and personal assistants to enhance the customer experience. Learn how we play Cupid, making customers love stores.

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I Vend

DECEMBER 11, 2023

As consumer demands continue to evolve, and competition is hotter than ever, retailers are embracing innovative solutions to stay ahead. All retail processes iVend helps retailers to stay ahead of retail technology trends. Process automation – such as inventory management , tracking stock levels and re-ordering.

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365 Retail

OCTOBER 11, 2022

A new study from FIS ® (NYSE: FIS), shows how the shopping preferences of younger UK consumers have shifted as adoption of embedded finance services reaches mainstream usage among Millennials and Gen Zs, while their older counterparts are less engaged with newer, digitally-oriented financial experiences.

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I Vend

AUGUST 17, 2022

Supermarket shopping is, for the vast majority of consumers, an essential. So what supermarket shoppers want above all is convenience. iVend Retail for Supermarket. iVend Retail for Supermarket. Learn how we’re helping supermarket retailers around the world. Read more Top priorities for grocery shoppers.

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365 Retail

JUNE 21, 2021

Tesco is set to launch its first checkout-free store following a successful trial for staff at its head office over the past year. Some commentators had raised concerns that supermarkets would take a hit from the reopening of non-essential retailers, and with restaurants, bars and cafes welcoming back customers in the past two months. “I

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365 Retail

DECEMBER 12, 2023

In a highly competitive global retail landscape, autonomous stores are an emerging force that addresses changing consumer behaviours, reduces operational costs, improves profitability, and powers revenue growth strategies. The new business models supported by autonomous capabilities provide a compelling value proposition for consumers.

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Retail Gazette

JANUARY 10, 2024

However, retail consultant Nick Bubb warns that growth for the big supermarkets is “likely to be more subdued” in 2024 as the boost from grocery inflation falls away. over the golden period, which the retailer attributed the ongoing challenges to discretionary consumer spending for its subdued trading.

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Inside Retail

APRIL 25, 2023

Rather, it is in constant flux, with innovations shifting the way that industry players operate, and changing the way that consumers and traders interact with one-another. He believes that retailers should wait for greater consumer acceptance before investing heavily in this area.

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Indigo 9 Digital

AUGUST 2, 2022

A Hema supermarket in China. In the United States Amazon has made the most significant advances in creating tech enabled retail stores with its Just Walk Out technology that allows customers to skip the checkout. Three years earlier in 2015, eCommerce giant Alibaba opened its first Hema supermarket in China.

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Inside Retail

JUNE 3, 2021

Thirteen years after Woolworths introduced self-service checkouts to Australian supermarket shoppers, discount grocer Aldi has bowed to the demand for quick and convenient self-serve transactions at its stores. They clearly recognise a need to give consumers choices. Quiet observer.

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Inside Retail

NOVEMBER 1, 2022

Retailers are caught in a tightening vise between soaring cost of goods and heavy competitive pressures, which places their margins increasingly at risk as long as they cannot pass through the costs to consumers in their entirety. There do seem to be a few exceptions, such as processed meat, but these are unlikely to last much longer.

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Mass Relators

DECEMBER 13, 2021

SAN FRANCISCO — Buoyed by the recent boom in omnichannel retailing, Instacart is redoubling its efforts to cement a central role in the marketplace, extending existing relationships with retail partners, establishing new ones, and expanding the scope of activities to include services that directly touch what goes on inside the store.

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Rangeme

AUGUST 3, 2021

Time-starved consumers welcome innovations that offer efficiency and ease, elevating a weekly habit into a pleasant experience. Adopting grocery tech can give retailers a competitive edge by satisfying consumers’ needs and earning their loyalty. Online grocery shopping gives consumers omnichannel options to boost customer satisfaction.

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365 Retail

MAY 24, 2023

But it was decades in the making, born by the grocery sector’s need to bust long checkout queues. It also enables the blended “buy online pick-up in store” shopping experience consumers lean toward. And to think, it all started with a simple barcode in a grocery checkout.

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V Count

JULY 9, 2021

According to a study by EPSON, 56% of consumers say that fast payment and short queues are critical to “positively influencing their perception of a retail brand.”. What puts businesses ahead of their competitors is gaining and maintaining consumer loyalty and effectively meeting customers’ expectations. Lower Costs.

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Mass Relators

SEPTEMBER 20, 2021

The Food Industry Association (FMI) is out with a report that examines how traditional grocery business cycles are being upended by pandemic-fueled changes in consumer behaviors. In addition, consumers’ focus on health and well-being has been widely seen as having a positive impact on the food retailing industry. ARLINGTON, Va. –

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