Remove Checkout Remove Inventory Management Remove Kiosk Remove Marketing
article thumbnail

How Edge Computing Enables the Retail Store of the Future

Retail TouchPoints

The survey also found that less than 13% of retail organizations are investing in technology to tackle these challenges, instead remaining focused on short-term fixes like increasing prices and running marketing campaigns. Those same cameras and sensors also are at the heart of the grab-and-go checkout system featured in Amazon Go stores.

article thumbnail

Smart shopping carts, low-code and robots: Welcome to retail tech in 2023

Inside Retail

From smart shopping carts and intelligent buying assistants, to dynamic pricing algorithms and inventory tracking systems, retailers will have access to a wealth of powerful tools that enhance their ability to meet customers’ needs and respond quickly to changes in the market. . Payment systems evolution.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5G in Retail: Creating the WOW factor

Retail TouchPoints

5G can also connect mobile point-of-sale (POS) terminals , self-service kiosks, scan-and-go checkouts and other forms of frictionless shopping with ease. Better communication between in-store staff, store managers and supply chain personnel via 5G devices will allow for responding to customer queries. Tractor Supply Co.

article thumbnail

Robots, RFID tags and an incubator area: Inside Decathlon’s new Data Lab

Inside Retail

The automation of laborious and manual tasks such as inventory management through the development of new technologies in the Data Lab allows our Decathlon teammates to do what they find most meaningful – fostering relationships with customers. IR: Will the Labs roll out elsewhere across Decathlon’s markets?

article thumbnail

The Rise of Micro Markets in Airports

Retail TouchPoints

This, combined with workforce shortages, has caused airports to move more toward automation, with self-service check-in kiosks, baggage drops and mini stores. According to SITA, by 2024 88% of airports are expected to be equipped with check-in kiosks and 59% will have automated border control.

article thumbnail

Three Big Opportunities for Retail Enterprises in 2023 — and How to Capitalize on Them

Retail TouchPoints

Rather, this year presents “new opportunities for incremental revenue, transforming their business models to capture additional market share, and implementing cost-saving innovations for operational survival.” As shopper expectations and demands grow, the retailer will feel the pressure to improve operational efficiencies.

Kiosk 237
article thumbnail

Double bubble – the twin benefits of great retail technology

I Vend

It is well established as a reliable driver of loyalty, increased revenue, credibility and effective advocate marketing. Customer self-service – self-checkout to reduce queues and make for smooth, easy payments. Read more Retailers have always chased customer satisfaction. Offering the chance to self-serve if they want to.