Category Archives: Scoop.it

News from the retail automation sector

The automated retail industry is one of the two core technology showplaces today (financial Services being #2).

    • Emerging technologies such as robotics, lockers, digital signage, vending and automated vending lead the way.   Amazon and Google revolutionize physical delivery. OuterWall has another great idea (or not).
    • More mature retail technology includes interactive displays, next-generation POS,  mobile interplay, multi-touch, kiosks for self-service, video services, and customer service technology.
    • Companion technologies include ATMs, kiosks, Advanced ATMS,  NFC and thin client.
    • Standards – here we have more regulatory guidelines in play along with more standards than any other industry. PCI, OPOS, JPOS, MPOS,  HIPAA, ADA, UL, CE just to name a few.

What’s ‘In Store’ for Tech in 2017? | ProgressiveGrocer

It’s that time when market watchers make predictions about the new year. I have often made such forecasts with mixed results. So I’m going to try something different this year.

Here are five questions about in-store technology that PG readers can ponder, and then make their own predictions:

Source: www.progressivegrocer.com

  1. Will SmartLabels on Packages emerge
  2. Will all supermarkets accept EMV?
  3. How many will adopt CatMan 2.0?
  4. Will Beacons be embraced?
  5. More pilots of checkout terminals and what about Amazon model being tested.

How Nike, Adidas are leading the future of retail

New stores from Nike, Adidas are leading the future of retail.

Source: fortune.com

Nike and Adidas both opened new New York City stores this fall that are designed to immerse shoppers in the experience and give them a reason to return. The Nike store encourages shoppers to try out shoes on its basketball court and soccer zone, and Adidas has set up stations for customizing apparel and seating areas for watching sporting events.

Sears’ 20th straight quarterly decline cues more store closures

“While Sears was once a titan of U.S. retail, it now looks set to sink,” Saunders wrote in an email to Retail Dive. “We do not make these claims lightly, but only on the back of the evidence available. First, the top line has been in decline for as long as anyone can remember. Comparable sales have been on the slide for just over 11 years. This quarter shows no sign of even the mildest of improvements.”

Source: www.retaildive.com

As Sears continues to close stores, Saunders said many malls will be faced with hardship, unless they can replace those locations with better performing retailers. Rivals like J.C. Penney, which is already taking market share from Sears in appliances, could continue to benefit from Sears’ woes.

How Trump became bitcoin’s unlikely savior

As bitcoin’s spotlight fades and banks work to adapt its underlying blockchain technology for more traditional uses, it seemed that the world was ready to move on from the infamous cryptocurrency. And then Donald Trump was elected president of the U.S.

Source: www.paymentssource.com

Premise — Blocking standard remittance from Mexico and “standard” money transfers will drive many to alternative methods, such as bitcoin. Good read.