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Health crisis: what impact on supply management in points of sale?

M19 Retail

The health crisis is accelerating the transformation of physical points of sale. The adaptation of point of sale networks to the health crisis takes several forms, depending on the brand. Retailers today group stores based on a combination of a limited number of attributes such as volume and location.

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Amazon’s Just Walk Out has Left the Building

Retail TouchPoints

Amazon is removing its cashierless Just Walk Out (JWO) technology from its Amazon Fresh supermarkets and will not deploy the solution in new locations scheduled to open later this year, according to multiple media reports. The company already had moved the JWO unit out of its retail group and into its AWS cloud computing division.

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WWD: Sephora CEO Leaving After Less Than Two Years

Retail TouchPoints

Brok, who took the CEO job in September 2020, is a retail and brand veteran with more than 30 years’ experience, most recently as President of EMEA for Starbucks. He will be replaced by his predecessor, Chris de Lapuente, Chairman and CEO of the Selective Retailing division of LVMH Moet Hennessy Louis Vuitton , Sephora’s parent company.

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Bed Bath & Beyond to Roll Out Self-Checkout Solution

Retail TouchPoints

After a successful pilot of stationary self-checkout technology at its recently renovated NYC flagship store, Bed Bath & Beyond will deploy solutions from NCR at select locations nationwide. “As These tech upgrades are part of the retailer’s three -year, $250 million growth plan announced in October 2020.

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Circle K Parent to Roll Out Self-Checkout Tech to 7,000 Stores

Retail TouchPoints

Couche-Tard first deployed the Mashgin technology in 2020 across nearly 500 Circle K locations in the U.S. We look forward to introducing this new platform to stores across our network.”. and Sweden and at the Couche-Tard retail innovation lab store at Montreal’s McGill University.

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How 1,000-Store Russian Electronics Retailer Amped Up Online Sales 141%

Retail TouchPoints

The ONE RETAIL strategy helped M.Video increase total online sales by 141.2% year-on-year through September 2020, boosting ecommerce’s share of its total sales from 33% in 2019 to 59% during this period. The ONE RETAIL strategy helped M.Video increase total online sales by 141.2% year-on-year.

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Lightspeed POS Continues Global Expansion with Acquisition of Vend

Retail TouchPoints

The acquisition will expand Lightspeed’s global retail base, which, following the acquisition will total close to 140,000 retail and hospitality customer locations worldwide. Vend generated revenue of approximately $34 million and gross transaction value of more than $7 billion in the trailing twelve-month period ending December 31st, 2020.

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