Good article on Kiplinger on six considerations for using cash. Excerpt — From PayPal to Bitcoin to Samsung Pay (the newest contender among mobile wallets), advances in payment technology make pocket change look as if it’s headed for the history books. But according to a 2012 study from the Federal Reserve Bank of San Francisco, 40% of an… Read More »
Article from Seeking Alpha by Strubel Investments lays out Outerwall and its businesses exactly as they are (and have been). Worth a read for sure. Summary Outerwall looks cheap but poor management makes the company unattractive. Company’s variable cost structure means it can thrive with declining sales. Despite attractive core business model management has wasted over $250M on… Read More »
Three weeks ago Best Buy announced that they are testing a new robot name “Chloe” for the automated 24/7 distribution of all media. This is now live…
In the financial services industry, the term “cash handling” is commonplace. Everyone – from the C-suite down to each individual worker, knows the value of quality cash handling and money management. However, in the retail industry, the importance of cash handling can slip through the cracks.
The mobile phone crowd likes to dismiss cash but, not so quick…
The world’s largest search provider and the world’s largest retailer are breaking up – when it comes to local ads anyway. In the summer of 2014, Walmart Source: www.pymnts.com Letting Google see Walmart daily inventory and prices finally got booted as good strategy by Walmart. On the other hand Walmart must compete with Amazon. “The Walmart scuffle highlights… Read More »
As retailers like Target focus attention and dollars toward the digital-first era to keep up with consumer habits, it’s likely that shift impacts another Source: www.pymnts.com Excerpt: Spurred by its 40 percent growth in its digital channel sales, and as part of its “roadmap to transform business,” as the company branded the plan, Target will focus on the following… Read More »
Explanation by Panera CEO of 2.0, The five elements: web/mobile ordering, operations integrity, extra labor, delivery to table and finally The Wall. Source: kioskindustry.org
Japan is facing an aging population in the coming decades and that means more people requiring care, and less people to provide it. In an effort to meet the shortfall, RIKEN and Sumitomo Riko Comp… Source: www.gizmag.com
NCR will provide European discount retailer, TEDi with innovative point-of-sale (POS) solutions to improve customer service and drive sales. Source: www.ncr.com NCR RealPOS™ 50 systems will be deployed at TEDi’s approximately 1,400 stores across Germany, Austria, Slovenia, Slovakia and The Netherlands in the next two years. Four hundred units have already been delivered to TEDi stores.