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How Edge Computing Enables the Retail Store of the Future

Retail TouchPoints

Technology — specifically edge computing — provides the foundation for a better customer experience, real-time inventory management, enhanced security and loss prevention and in-store analytics. 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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Circle K Will Retrofit Stores To Pilot Autonomous Checkout

Retail TouchPoints

In the pilot store, shoppers can pay via a smartphone app for a completely touchless experience, or pay with cash or a card at a kiosk or traditional POS station.

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Smart Stores: Integrating IoT and AI in Retail Design

Retail Focus

These connected devices can collect and analyze data in real time, offering insights into customer behavior and store operations. Operational Excellence Through IoT The Internet of Things is playing a pivotal role in streamlining store operations. However, the potential extends beyond inventory management.

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5G in Retail: Creating the WOW factor

Retail TouchPoints

Any disruption to the wired network due to a fiber cut, network error or human lapse will result in the store going offline. 5G provides an alternate method to keep the store connected at all times. Circle K , and AutoZone are already using 5G to connect their stores. Tractor Supply Co.

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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.

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

Retail TouchPoints

In the near future, that may look like kiosks where consumers don a headset to check out and purchase products, allowing them to leave the store with these items or have them delivered to their homes. As shopper expectations and demands grow, the retailer will feel the pressure to improve operational efficiencies.

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Top 10 Benefits of Using an Integrated Retail Management System

RETAIL MANAGEMENT SOFTWARE

It combines several modules to facilitate the day-to-day operation of a retail store or chain, such as inventory management and purchasing, customer checkout, employee scheduling, financial tracking, etc. What are the benefits of an integrated retail management system?