BOSTON — The world’s first restaurant with a robotic kitchen that cooks complex meals has opened. Spyce’s automated kitchen has seven cooking woks able to serve up to 200 meals an hour.The Boston eatery’s menu is based on a half-dozen bowls with flavors t
Source: kpic.com
200 meals an hour is max rate. Is average restaurant 60 customers and 20 tables. Turnover is 30 minutes? 120 customers?
Essential Retail chats to Pyramid Computer about the digitisation of the hospitality industry.
Source: www.essentialretail.com
Nice interview with Graeme Derby of Pyramid in UK discussing restaurants and adapting to customers.
Private equity bosses took $200m out of Toys R Us and crashed the company, lifetime employees got $0 in severance
Source: boingboing.net
Comments: They deserve it. Toys r Us and toys.com lowballed the US toy market to sub-zero margins. I was doing contract work at the time with M.W. Kasch, the largest toy wholesaler in the USA, and these guys were selling below cost to capture market share. They lowered margins to zero, then died.
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Typical behavior of "category killers" in the pre-Amazon days. They assumed they could corner the market on select categories, not realizing more-efficient online operations would displace them, especially if they operated warehouse-sized stores and were heavily leveraged.
No department-store chain has embraced technology more aggressively. But will tech help Nordstrom avoid the slump in higher-end retail?
Source: fortune.com
the 47,000-square-foot emporium is also a sophisticated shopping-tech laboratory—one of several where Nordstrom is urgently experimenting with ways to make upscale, high-touch retail more competitive in an e-commerce-driven era. The mazelike layout, spread over three floors, showcases subtle but important technological enhancements. Some are super-practical—such as self-service bins where shoppers can drop off returns (including online purchases) and get credit almost immediately. Others have a wow factor: In the suits section, customers can see how bespoke jackets would look on life-size avatars of themselves, projected on screens, a digital take on the adage, “Measure twice, cut once.” And yet others pamper you: If you’ve “reserved” a product online to try on before you buy, there’ll be a fitting room waiting for you—with your name on the door.
Walmart is finding it harder than it may have originally anticipated to convince customers to adopt new tech and engage with the retailer through digital and mobile platforms. While consumers are drawn to convenient shopping experiences, many didn’t see the value of doing more work while browsing when they could easily hand off tasks like bagging and scanning to trained cashiers at checkout.
Source: www.retaildive.com
Walmart is finding it harder than it may have originally anticipated to convince customers to adopt new tech and engage with the retailer through digital and mobile platforms. While consumers are drawn to convenient shopping experiences, many didn’t see the value of doing more work while browsing when they could easily hand off tasks like bagging and scanning to trained cashiers at checkout.
Retail chains, across the globe, capture enormous amount of data, on daily basis, providing them with excellent opportunities to understand the pulse of the market and acquire valuable insights. Applying these data-driven methods, retailers can create the best shopping experience for their customers.
Source: www.habiledata.com
The table below shows five mass market fashion retailers in UK. It also plots the number of items with stripes per retailer according to price point.
This comparison shows that Zalando UK sells the greatest number of items with stripes, ranging from £0 to £799.99. Also, the £10 to £49.99 price point is the most popular for Zalando UK, ASOS and Debenhams. We can easily see the most popular price points for striped apparel among these five retailers is £10 to £49.99, followed by £50 to £99.99.
Similarly, you can can benefit from Relationship Charts when making decisions on your own assortment and pricing strategies.
Source: www.intelligencenode.com
Shoppers in eight Canadian Best Buys can now learn about and test products through Microsoft kiosks. In partnership with Advanced, the kiosks highlight Microsoft’s most popular software and hardware products and feature motion-activated ads, tutors and demonstrations.
Source: www.fierceretail.com
Self-service kiosks at McDonalds restaurants are part of a national trend toward automation at stores and restaurants driven by tech-savvy consumers and the ri…
Source: buffalonews.com
Net increase in jobs. US-built machines with US-steel and US-supported. Biggest error is McD likely didnt upgrade kitchen capacity first (or train the workers on new tech). Too many orders too fast equals longer wait time. This actually increases “human touch” with employees in concierge-mode much like assistants at grocery self-checkout.
OnDemand Visit telehealth platform allows healthcare organizations to expand their service offerings and engage patients in a convenient way
Source: www.businesswire.com
In health news, onDemand for consumers announced in telehealth. Smart company.
