AVT management said its core vending and automated retailing business remains strong, and blamed the filing on past attempts at diversification into unrelated businesses. Wayne Salvino, the newly i… Source: kioskindustry.org AVT Inc. Files For Chapter 11 Protection Vending Manufacturer Says ‘Business As Usual’ During Reorganization was last modified: May 4th, 2015 by scoop it
Retailers say costs are growing as they increase their focus on selling across channels. Despite many companies making significant investments to imp.. Source: www.itweb.co.za Omni-channel demand overwhelms retailers was last modified: April 21st, 2015 by scoop it
KeyMe®- Within moments I had my keys out of my purse and was duplicating a key simply by inserting it into the slot and using the touchscreen. Source: jbcreativellc.com KeyMe® Offers Key Duplication in Emergencies was last modified: April 13th, 2015 by scoop it
A US trade group is asking the payment-card industry to delay the October EMV transition plan that will leave the retail food stores and pharmacies it represents liable for fraudulent transactions if they are unable to meet the deadline. Source: www.paymenteye.com FMI sent letter to VISA/MC asking for 2016. Retail food stores and pharmacies will not be able… Read More »
Only the “radical use” of new technologies can help the UK’s biggest banks become more profitable, KPMG has warned, as shareholder returns continue to drop six years after the financial crisis. Source: www.paymenteye.com New payment systems like Paypal and other are beginning to change the way money is exchanged. Banks must make radical technology updates to save profits,… Read More »
The Bitcoin Foundation may split into two separate bodies after facing reputational damage, declining membership and continued losses. Source: www.paymenteye.com “The foundation has almost no money left, and just fired 90 per cent of its people. Some will stay on as volunteers,” Janssens wrote, adding that a lack of transparency and poor spending decisions led to its current crisis.… Read More »
Drexel University is adding an iPad vending machine in their Dana and David Dornsife Center for Neighborhood Partnerships. Source: www.psfk.com Retail automation iPads – This vending machine has a different kind of sweet goods was last modified: April 7th, 2015 by scoop it
NCR is in the throes of a major transformation. They are moving from manufacturing company to a software and services-driven company. In the process, NCR is positioning itself as a leader in the internet of things and big data. Source: www.forbes.com NCR CIO Bill VanCuren Drives The Move To Internet Of Things And Big Data – Forbes was last… Read More »
Lowe’s seems like an unlikely candidate for a descriptor like “innovative retailer,” but the truth is that the DIY stalwart is right there with some of the other industry giants who are incorporating e-commerce and tech-enabled stores to create a… Source: www.forbes.com Lowe’s: The Home Improvement Retailer Of The Future was last modified: April 3rd, 2015 by scoop… Read More »
New generation machines dispense everything from doughnuts to eggs Source: www.marketingmag.ca How vending machines are moving beyond junk food was last modified: April 3rd, 2015 by scoop it
