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What is Artificial Intelligence, and How Does it Impact Your Point-of-Sale?

Star Miconics

But while those things are still in the realm of science fiction, AI has become increasingly engrained in the modern technology we now use every day, from our smartphones to our point-of-sale (POS) systems. On top of that, the companies that use AI for marketing and other purposes consistently outperform those that do not.

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Amazon Plans Chainwide Rollout of Palm-Based Payments at Whole Foods

Retail TouchPoints

Amazon will expand its Amazon One palm payment technology to all 500+ Whole Foods Market stores by the end of 2023. We are always looking for new ways to delight our customers and improve the shopping experience,” said Leandro Balbinot, CTO at Whole Foods Market in a statement. Amazon acquired Whole Foods in 2017 for $13.7

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Schnucks Deploys ‘Caper Carts’ to Provide Checkout on Wheels

Retail TouchPoints

Schnuck Markets has extended its partnership with Instacart to introduce Caper Carts, which use AI and computer vision to automatically identify items shoppers put into them, allowing shoppers to then skip the line and check out using the cart technology. The supermarket retailer will roll out the smart carts at select St.

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“Transformation agenda”: MFG CEO on Bobux acquisition and growth plans

Inside Retail

Renowned Australian footwear business Munro Footwear Group (MFG) recently acquired the popular but beleaguered New Zealand kids’ footwear brand Bobux, as part of a plan to consolidate its presence in the children’s market. However, Bobux – which targets a younger audience – provided a point of difference, and a year-round offering.

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How Woolies is using 2D barcodes to increase sales and transparency

Inside Retail

“With this next generation of barcodes, there’s a real opportunity to connect with consumers in ways we haven’t before,” explained Richard Jones, chief marketing officer at GS1. Their journey began in 2017 with just loose produce. “At

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Consumers and Merchants Should Look Before They Leap into BNPL Services

Retail TouchPoints

Surges in online shopping during the pandemic helped fuel the growth of point-of-sale loans — a market that is forecast to grow at an annualized 9.8% Another danger for consumers using point-of-sale loans is a temptation to overspend. Mac Nab has been in this role since April 2017 when he co-founded the company.

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The Future of International Commerce is Online — and the Field is Open

Retail TouchPoints

These markets offer a level playing field where digital commerce is everything, most major players are relative unknowns and companies will need to develop new strategies to succeed, according to The Next Billion Consumers: A Fast Growing Opportunity for Digital Commerce report from Accenture.