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Australian grocer saves time and money by deploying automated cash handling

Inside Retail

When retailers think of retail automation, they are prone to conjure images of such in-store features as check-out lanes and digital payments. Another benefit, according to Jin is the reduction in damaged or fake currency being tendered by customers – the solution can detect a fake note instantly and reject its use for payment.

Grocer 279
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Beyond the Transaction: How PayPal is Helping Remove Friction Across the Commerce Experience

Retail TouchPoints

Mobile technology is transforming payments, making it easier, safer and more affordable for people to move and manage their money than ever before,” said Dan Schulman, President and CEO of PayPal at the time of the spinoff. Source: CivicScience. RTP: Consumer adoption of things like digital wallets is still relatively low.

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What’s in Store for Grocery in 2022?

Retail TouchPoints

Outfits like GoPuff, Gorillas and 1520 took the grocery market by storm in 2021, offering a limited menu of consumables, delivered to your door in an incredible 30 minutes or less (and commanding multi-billion dollar valuations in the process.) In 2022, grocers will need to become digital-first.

Grocer 307
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In-store operations technology leader, Retail Insight, eyes accelerated international growth

365 Retail

Now processing over 10% of the global grocery sales data, Retail Insight , the leading provider of in-store operations execution software, is targeting its next growth phase, consolidating its position as a global technology leader, while expanding into new territories, supported by a series of senior hires.

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Morrisons: CEO warns business needs urgent overhaul to survive

Retail Gazette

The deal has left the supermarket owing £400m of annual interest payments on £6.6bn of debt. Baitiéh, who joined the business from Carrefour last month, is determined to overhaul Morrisons’ performance by improving its customer service, said The Sunday Times.

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Marks & Spencer Reports Strong Full-Year Results for 2024

365 Retail

Adjusted operating profit was recorded at £504 million, reflecting the company’s successful cost management and efficiency initiatives. Machin stated, “Our commitment to delivering high-quality products and exceptional customer service has been instrumental in achieving these results.” billion, a 9.9%

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Why has Ocado crashed out of FTSE 100 – and what next?

Retail Gazette

Shore Capital vice chairman Dr Clive Black brands the cataclysmic surge in the online grocery firm’s shares during Covid as “irrational” as shoppers were always going to return to stores. M&S chief executive Stuart Machin said the “binary” performance-based payment was not met.