Retail TouchPoints

SEPTEMBER 27, 2023

Simon Properties is partnering with Dropit to bring omnichannel inventory management and fulfillment capabilities to its facilities. “Simon’s commitment to shaping the future of retail aligns perfectly with our pursuit of technological innovation,” said Karin Cabili, Founder and CEO of Dropit in a statement.

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Retail Focus

MAY 1, 2024

Digital technology has become an indispensable component of modern life. Personalized Shopping Experiences Digital technology allows for personalized shopping experiences. Cashless Payments and Digital Wallets Cashless payments and digital wallets have revolutionized the checkout process.

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Retail TouchPoints

AUGUST 14, 2023

While autonomous stores and technological innovation are high on the retail agenda, the infrastructure and operational efforts that enable them aren’t often given the same broad attention. But the value of laying a robust foundation for technological adoption extends beyond times of crisis.

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Retail Gazette

FEBRUARY 22, 2024

With the integration of AI-powered technologies, retailers can enhance customer experiences, optimise operations and drive revenue growth. Retailers using AI for inventory management have reported up to a 50% reduction in out-of-stock incidents and a 30% increase in inventory turnover.

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RIS News

NOVEMBER 20, 2023

Retailers are continuing to invest in retail technology to modernize their enterprises as they look to enhance consumer experience, bolster supply chain visibility, reduce waste, and become more data-driven.

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Retail TouchPoints

JULY 12, 2023

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.

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M19 Retail

JULY 5, 2023

MIAMI, FLORIDA, July 5, 2023 – Mi9 Retail, a leading provider of Retail Software, is pleased to announce that the Aubuchon Company has successfully piloted Mi9 Store Self-Checkout in their hardware and home improvement stores. Mi9 Store Self-Checkout software uses intuitive and highly configurable UX to engage customers and process sales.”

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RIS News

NOVEMBER 20, 2023

Retailers are continuing to invest in retail technology to modernize their enterprises as they look to enhance consumer experience, bolster supply chain visibility, reduce waste, and become more data-driven.

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I Vend

DECEMBER 11, 2023

For the world of retail technology, 2024 looks set to be an exciting year. All retail processes iVend helps retailers to stay ahead of retail technology trends. Learn about our innovative integrated retail technology platform. Read more So what are the key trends for retail technology in 2024?

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Retail Minded

NOVEMBER 8, 2022

Although self-service checkouts were first introduced in 1986 , they are still far from perfect. on the App Store, which says a lot about how people’s sentiment towards self-service checkouts. . But new technology could change the state of play. Amazon uses this Just Walk Out technology in its Amazon Go stores.

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Inside Retail

JANUARY 24, 2023

Retailers big and small from around the world, including Australia, came together after a two-year hiatus to hear from the sector’s biggest changemakers, experience the latest innovations, and be inspired by the latest trends, technologies and strategies that will shape the future of retail.

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Inside Retail

NOVEMBER 27, 2023

In the ever-evolving retail landscape, technology has swiftly moved from being a novelty to becoming the linchpin of both operational and customer-centric strategies. Conversely, they might spot an item in a store, compare prices on their smartphone, and choose either to take it to the checkout or order it online for home delivery.

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Inside Retail

APRIL 30, 2024

We needed to provide them an omnichannel experience,” said Peter Ratcliffe, head of technology at RM Williams. Central to this transformation was the adoption of NewStore , a unified commerce platform anchored in an omnichannel POS – with built-in solutions such as order and inventory management, clientelling, and store fulfilment.

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I Vend

SEPTEMBER 1, 2022

iVend Success Stories iVend’s retail technology enables retailers to build resilience. How can retail technology help retail stores to prepare for recession? Retail technology can help to deliver on these goals. Retail Technology: Efficient in-store operations. See how our solutions are helping stores around the world.

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Retail Minded

MARCH 16, 2024

These practical steps can transform your retail business from surviving to thriving by leveraging the power of AI search technologies. Uncovering Hidden Efficiencies: AI-Driven Inventory Management Inventory management is the backbone of retail, and AI sharpens this critical function.

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Independent Retailer

JANUARY 19, 2023

New technologies and approaches are being introduced all the time with the goal of improving the customer experience. With an omnichannel customer strategy, real-time inventory management, returns of online goods, personalized shopping, and touch-free, frictionless checkouts, a proper IT network in place is critically important.

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Payment Services Inventory Management Checkout Customer Experience 55

Inside Retail

SEPTEMBER 4, 2023

The barcode was initially developed to improve the checkout experience and inventory management in the grocery sector and it is now used in almost every industry and sector. The rise of mobile technology and the Internet of Things (IoT) has also opened new opportunities for the barcode.

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365 Retail

FEBRUARY 23, 2023

Zebra Technologies Corporation , an innovator at the front line of business with solutions and partners that deliver a performance edge, will put retail data insights and The Modern Store by Zebra framework centre stage at EuroShop , booth A79/Hall 6, Dusseldorf, Germany from 26 February – 2 March.

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I Vend

OCTOBER 16, 2023

Online shopping is intrinsically more personalized – a customer can be greeted by name, shown previous orders, receive suggestions for items they might like and have their payment details stored for seamless checkout. Rapid checkout in store – for many shoppers, the experience is all about efficiency.

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Retail TouchPoints

FEBRUARY 27, 2024

The Evolving Threat Landscape Retailers increasingly rely on digital platforms for sales, inventory management and customer engagement. This includes implementing robust security protocols, regular system audits, employee training and investing in advanced cybersecurity technologies.

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Retail TouchPoints

MAY 31, 2022

But just like those other technologies, 5G is less a specific solution and more of an enabler. These new features make 5G much more attractive for businesses and enterprises than previous mobile technologies. Fast, Frictionless Checkout. In-Store Inventory Management. What matters most is what you do with it.

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Inside Retail

JANUARY 3, 2023

The retail industry is constantly evolving, and as we head into 2023, there are plenty of exciting technology trends to look out for. Whether it’s a small boutique or a major department store chain, all businesses can harness the potential of this powerful technology. Here are just a few to kick things off.

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I Vend

APRIL 9, 2024

Mobile POS is one of the fastest growing retail trends – with store associates being armed with devices that run the same cloud-based POS software as the fixed checkouts, enabling payment, inventory management and loyalty anywhere in the store. Mobile POS System iVend mobile POS takes service to customers in the aisle.

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Retail TouchPoints

AUGUST 17, 2022

76% of consumers say convenience is a key priority when selecting a retailer, so an automated inventory management process is a critical component of any growing ecommerce business’ success. This means for every 100 visitors, 69% of visitors will leave the store during the checkout process.

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Inside Retail

APRIL 25, 2023

This can be seen by the adoption of QR codes – the use of which accelerated amid Covid-19 restrictions – self checkout in supermarkets and autonomous mobile robots, which are being utilised by major retailers for (among other things) logistical, supply chain and other inventory management tasks.

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I Vend

MARCH 20, 2024

Mobile POS is one of the fastest growing retail trends – with store associates being armed with devices that run the same cloud-based POS software as the fixed checkouts, enabling payment, inventory management and loyalty anywhere in the store. Mobile POS System iVend mobile POS takes service to customers in the aisle.

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I Vend

FEBRUARY 9, 2024

Read more So what are the key trends for retail technology in 2024? Process automation – such as inventory management , tracking stock levels and re-ordering. Payment options – Frictionless checkout means making the payment process as smooth as possible and giving customers a range of ways to pay.

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Retail TouchPoints

AUGUST 17, 2021

AI has a lot to offer grocery stores, especially in inventory management. AI helps grocery managers optimize staff, advising on how many employees and checkout lanes are required. It can also increase self-checkout, reducing the number of employees required to keep the store running effectively.

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Retail TouchPoints

FEBRUARY 21, 2023

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. 5G is critical for these technologies to deliver the wow factor. 5G-enabled tools can allow for order picking and inventory management. Tractor Supply Co.

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Independent Retailer

JULY 29, 2022

RFID is rapidly gaining implementation within the retail sector and is a key technology applied to aid business operations. RFID technology allows retailers to gain a greater view of their on-hand inventory with 93-99 percent inventory accuracy by scanning hundreds of items within seconds. Enhanced Inventory Management.

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Inside Retail

JANUARY 23, 2022

This is about expanding their technology into the physical retail space,” Louise Grimmer, a retail researcher and senior lecturer in marketing at the Tasmanian School of Business and Economics, told Inside Retail. Here is everything you need to know about Amazon Style – from how it works to what it means for the competition.

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I Vend

AUGUST 17, 2022

From frictionless checkout to seamless ERP integrations, to built-in promotions, loyalty, and inventory management – a sophisticated Grocery POS offers everything a modern-day retailer needs to deliver convenience to their customers. Consider site design, rapid payment options, guest checkout and easy booking of delivery slots.

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365 Retail

DECEMBER 12, 2023

Autonomous store rollouts require a strategic crawl, walk, and run approach that leverages various innovative technologies and an integrated roadmap focusing on growth. Żabka has accomplished this by pioneering the use of artificial intelligence and mobile technology capabilities in autonomous stores.

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Retail TouchPoints

SEPTEMBER 1, 2023

Top priorities include updating store interiors; integrating new technology to support associates; enhancing digital capabilities; and optimizing supply chain and merchandising operations. “Right now, we have less than $500 million in debt, and we will not be taking on any additional debt to fund or to pay for this investment,” Rosen explained.

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Retail TouchPoints

JANUARY 20, 2022

“Personal styling used to be expensive and feel exclusive, but with Amazon Style’s sophisticated technology, unique store design and thoughtful curation, we’ve made it easier than ever for customers to discover items they’ll look and feel great in,” reads the company announcement. There will be humans working the store too.

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Retail TouchPoints

MAY 9, 2023

retailers plan to use technology and automation for their critical behind-the-scenes work, like inventory, orders, payroll and invoicing — as well as for more customer-focused needs like communications, marketing, loyalty and checkout. Creating a seamless inventory management journey.

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Retail Focus

MARCH 29, 2022

Stock inventory management and supply chain strategies need to adapt accordingly to ensure the right products are being stocked at the right times, and at the right prices. Similarly, supply chain software and practices need to be able to provide retailers with accurate, constantly updating information about purchasing habits.

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