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.

The Ugly Truth About A $15 Minimum Wage – Forbes

BY ED RENSI – A $15 minimum wage won’t spell the end of McDonalds. However it will mean wiping out thousands of entry-level opportunities for people without many other options.

Source: www.forbes.com

Makes sense McDonald’s would use someone retired to say it since it allows them to stay at arm’s length.

Panera 2.0 Initiative Gives Investors 10% Return!

Since 2012, Panera Bread has been driving growth in their restaurants and have invested in tablet kiosks (which is part of their Panera 2.0 initiative) to increase their sales and customer experience.

Source: www.linkedin.com

More ways to order sometimes means more orders. Panera ROI and stock is showing the effect.

Know the reason Starbucks hasn’t automated its stores?

Good article. What Starbucks tells us about automation and the future of jobs.

Source: www.vox.com

A Starbucks barista isn’t just doing a job that could be automated in the future. We’ve known how to build vending machines for coffee for decades, and with a bit of effort they could probably automate the sale of pastries too. Starbucks could lay off all of its baristas and make its stores fully automated.

 

But Starbucks isn’t going to do that because they know customers aren’t just coming for the coffee. The ritual of ordering coffee and having a human being prepare it is an integral part of the Starbucks experience.

Gower Smith, ZoomSystems Founder, Appointed CEO of Swyft Inc.

From Yahoo Finance: SAN FRANCISCO, April 13, 2016 /PRNewswire/ — Gower Smith, the founder of ZoomSystems, has been appointed CEO of Swyft Inc., a technology company revolutionizing the high-end automated retail industry

Source: finance.yahoo.com

Swyft’s clients have the option to lease the hardware, lowering the capital expenditure required to enter the automated retail channel.

 

“Swyft offers its partners extremely low monthly fees to deploy and manage the network,” said Hashim.

“High-end automated retailing has been proven to be the most profitable per square foot retail method,” said Smith. “Many automated retail stores generate annual sales exceeding $1 million per store.”

 

Swyft anticipates a market potential of $1.5 billion in the US and $5 billion globally.