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Record retail theft puts pressure on Australian supermarkets

Inside Retail

Queensland, Australia’s third-largest state, had the highest monthly rate of shop stealing on record this January, according to publicly available police data. “Supermarkets operate on very thin profit margins. Supermarkets refer to goods lost to theft, expiry or payment error as stock losses.

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Amazon Plans Chainwide Rollout of Palm-Based Payments at Whole Foods

Retail TouchPoints

Amazon will expand its Amazon One palm payment technology to all 500+ Whole Foods Market stores by the end of 2023. The identification, payment, loyalty membership and entry solutions are currently deployed at a total of more than 400 locations in the U.S., Amazon acquired Whole Foods in 2017 for $13.7 billion.

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Aussie supermarkets can expect softer demand ahead, say analysts

Inside Retail

Australian supermarkets will reap bigger profits in fiscal 2023 half-year due to decades-high inflation and increased savings, but analysts warned of a rough second-half as households reel from mounting expenses due to higher cost of living. Woolworths said food prices over the September quarter rose 7.3 per cent, while Coles reported a 7.1

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Scenes from a Supermarket

Retail TouchPoints

As a proud classic movie buff, I thought I’d do a little reflecting on shopping scenes from memorable films made about 40 years apart. Stanwyck and MacMurray, concerned about being seen together as they plot their crimes, meet at a supermarket in a series of increasingly tense scenes.

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Walgreens Debuts Wellness-Focused Credit Card, Giant Eagle Expands In-Store Digital Payment Options

Retail TouchPoints

Walgreens has introduced the myWalgreens Credit Card program, while supermarket chain Giant Eagle will start accepting PayPal and Venmo in-store as retailers continue expanding their payment options. The move also can speed up payment processes via PayPal and Venmo QR codes.

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The customer is in control: Here’s the new payment and checkout experience

Inside Retail

However, the past few years have also exposed what online shopping just cannot replicate – human interaction, experiential shopping and social connection. . “We Of course, physical retail has had to undergo a few changes since the first wave of Covid, particularly at entry, payment and checkout.

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Scenes from a Supermarket

Retail TouchPoints

As a proud classic movie buff, I thought I’d do a little reflecting on shopping scenes from memorable films made about 40 years apart. Stanwyck and MacMurray, concerned about being seen together as they plot their crimes, meet at a supermarket in a series of increasingly tense scenes.