Future Market Insights has announced the addition of the “Retail Automation Market: North America and Europe Industry Analysis and Opportunity Assessment 2014 – 2020″ report to their offering.
Source: empowerednews.net
Pyramid Computer GmbH, a developer and producer of customisable IT solutions in the retail & interactive sectors, will showcase its latest All-in-one polytouch components range and Intelligent Vending Modules at the Retail Business Technology Expo 2016.
Source: www.avinteractive.com
Virtual reality has long been the province of the gaming world and fantasies like the movie Minority Report. But with virtual reality (VR) and augmented reality (AR) devices projected to be a $4 billion business by 2018, much is being made of the technologies’ potential to transform the retail customer experience.
Source: www.retaildive.com
But it’s also why home-improvement retailer Lowe’s is continuing to develop its “Holoroom.” The Holoroom, first unveiled in 2014, allows homeowners or their interior designers to try things out in their own spaces, or share ideas, including apps that operate on mobile.
Retail industry news, voices and jobs. Optimized for your mobile phone.
Source: www.retaildive.com
Good read on Ron Johnson and whether some or all of his ideas were not so good then, but pretty good ideas now.
With consumers increasingly getting impatient of waiting around – high street stores and airports face a more challenging environment to manage queues to not only avoid customers abandoning their baskets, but also to create the ultimate experience for consumers in their stores.
Source: www.walkbase.com
The video above from Boston Dynamics introduces the next generation of Atlas, the amazing bipedal robot. Atlas is designed to operate successfully indo …
Source: www.slate.com
The Home Depot Inc. specializes in letting customers do it themselves, and is now extending that philosophy across all channels.
Source: www.retailingtoday.com
Strange properties could make the devices ideal for chaotic, hostile environments.
Source: www.insidescience.org
Not too long ago, I got a call from a New York Times magazine reporter. It’s not the first time the media has reached out to ask about the vending industry, but more than current trends, this reporter wanted data and the movement of the industry from…
Source: www.vendingmarketwatch.com
Micro markets have replaced vending in many large accounts. The estimates are that there are approximately 9,000 micro markets now.
The last interesting increase in the last 10 years has been the acceptance of cashless payment, or vending machines taking credit/debit cards as well as payment via smartphone. Back in 1995, only 57.6 percent of the vending machines in the U.S. accepted dollar bills (as opposed to coins). By 2000, that number was 80 percent. Cashless was added to the report in 2004, which meant that pretty much 100 percent of vending machines accepted paper money. In 2004, only 2 percent of vending machines accepted credit or debit cards (no mobile at that time). Last year, our research suggests 11 percent of vending machines now accept multiple forms of cashless payment (a number that is still far less than other retail locations).
