Forbes Article on Turmoil in Grocery Industry The big question How will consumer adoption of online grocery shopping accelerate in the next several years? Will the leading companies in the grocery business in the U.S. right now be the leaders in the online grocery business in five to ten years? Excerpt What About Amazon? What’s so remarkable about… Read More »
Noted on DailyMail A security loophole is allowing fraudsters to break the £30 spending limit for contactless bank cards. Banks and retailers are allowing customers to cover a single bill of more than £60 by making several ‘tap-and-go’ payments of £30 each. Experts have warned this is making it easy for criminals to make more expensive purchases on… Read More »
The Top Technology Tools For Hospitality Good list of tools SEVENROOMS BLOG The hospitality industry is a dynamic environment that’s constantly moving and evolving. As one of the largest industries worldwide, restaurant sales in the United States are projected to reach over $860 billionthis year alone, making it a highly lucrative marketplace for business owners. However, greater opportunities also… Read More »
Full article on Fast Company A hospital introduced a robot to help nurses. They didn’t expect it to be so popular Moxi is a robot designed to make nurses’ lives easier. But the friendly bot is turning out to be a welcome presence for some patients, too. By Katharine Schwab 5 minute Read Nurses are in high demand: The… Read More »
At a breakout session during Amazon’s re:MARS conference in Las Vegas, Samyukta Sethuraman, a senior research scientist at the Seattle company’s cross-disciplinary AI team, gave an update on Amazon Locker, Amazon’s self-service parcel delivery service. She said that Locker usage is growing at a steady clip and that machine learning has improved reliability. For the uninitiated, Locker allows shoppers to… Read More »
Excerpted from Fast Company April 30, 2019. Recommended read! Walmart’s AI-powered store of the future is nothing like Amazon Go There are cameras. There is AI. And the similarities end there. By Mark Wilson 5 minute Read When Amazon launched its first Go store in 2018, the public lined up around the block to see the future of… Read More »
NRF Research The State of Retailing Online 2019 National Retail Federation Published Mar 11, 2019 Developed in partnership with Forrester Research, the annual State of Retailing Online report provides an overview of metrics from the previous year as well as retailers’ key priorities, investments and challenges for this year. For the first time, the report also details retailers’… Read More »
Article published on ZDnet April 15th The two futuristic retail experiences offer a contrast in how advanced tech can be used to prepare beverages on the spot as well as eliminate the scourge of the checkout line. But humans are still in the picture for now. By Ross Rubin | April 15, 2019 — 16:57 GMT (09:57 PDT) | Topic: Amazon Excerpt: he… Read More »
News story excerpt from CBS News Walmart said it’s adding almost 4,000 robots to its stores and facilities. The investment will allow human workers to shift to other tasks that are harder to automate. The push into robotics comes as the company has boosted worker wages. The robots are coming for Walmart workers’ jobs, with the retail giant… Read More »
Reported on Washington Post April 10th. Overall, retailers have closed more than 15,000 stores since 2017, according to UBS. Among them: Radio Shack (which closed 1,470 stores), Toys R Us (735 stores), and Mattress Firm and GNC (700 stores each). By Abha Bhattarai April 10 Widespread closures have roiled the retail industry, but many more stores are likely to… Read More »
