Retail TouchPoints

JULY 17, 2023

This article explores popular and non-trivial use cases and examples of how IoT tech can help retail companies. Interconnected IoT devices, including GPS and RFID tags, allow retailers to track the entire journey of their products, from production to the customers’ sites. Predictive equipment maintenance. Self-checkout.

Payment Services 246

Payment Services Checkout Inventory Management Customer Experience 246

Retail TouchPoints

JULY 12, 2023

Retailers cited rising costs, declining consumer spending and supply chain volatility as their top concerns. Sensors, such as RFID tags, are attached to each product and communicate immediately when an item leaves the shelf. In a case like this, computer vision combined with RFID sensors can make a real difference.

Payment Services 243

Payment Services Inventory Management Checkout Loss Prevention 243

Inside Retail

JULY 17, 2022

The concept of Data Lab came about as the brand saw the need for the extension of all our efforts in research and development of innovative solution capabilities to enhance retail processes that benefit the consumer experience across Decathlon stores globally.

Payment Services 130

Payment Services Kiosk Checkout Fulfillment 130

Independent Retailer

NOVEMBER 3, 2022

In an ecommerce-focused world where retailers are constantly coming up with creative ways to bring consumers in the store, long checkout lines during the holidays can be a huge deterrent. QR codes, smart shopping carts, RFID tags, and machine vision are the solutions that process transactions, invoices, and billing.

Checkout 70

Checkout Merchant Services Payment Services Target Market 70

Independent Retailer

NOVEMBER 8, 2022

For retailers, this transformation is being driven by consumers, with 80 percent of American shoppers reportedly considering sustainability before making a purchase. With environmental concerns continuing to dictate consumer spending habits, companies are looking to adopt more circular models of retailing.

Fashion 75

Fashion Fast Fashion Boutique Returns 75

Retail Times

MARCH 30, 2021

Keeping track of products using a pen and paper isn’t just time-consuming, it can also lead to mistakes. Consider RFID (Radio Frequency Identification). Many are now using RFID–a technology that can store and track product information using a chip embedded in an item’s tag or packaging. Learn More.

Merchant Services 98

Merchant Services Inventory Management Management Shrinkage 98

Star Miconics

MARCH 29, 2024

In addition, consumers can scan QR codes for cashless payments that speed up checkout queues. Emerging Scanning Technologies The future of barcode scanning hardware lies in merging with newer technologies like RFID, NFC, and artificial intelligence (AI). Stores like Walmart use QR codes to reduce checkout line bottlenecking.

Payment Services 59

Payment Services Inventory Management Checkout Point of Sale 59