POS Systems
As retailers across industries recognize the growing importance of sustainability, the role of technology in enabling eco-friendly shopping experiences has never been more critical. The shift towards sustainable shopping, driven by consumers' values and environmental consciousness, has reshaped the retail landscape. According to Statista, 60 percent of surveyed individuals made at least one second-hand purchaseโฆ
Through my years in the fintech and restaurant tech industries, I've witnessed firsthand the transformative impact of technology on the retail and food service industries. Today, as we navigate a landscape marked by rising labor costs and personnel shortages, the adoption of self-service technology isn't just an option, it's becoming a necessity. The Changing Faceโฆ
Being a forward-thinking retailer requires actively identifying shifts in consumer behavior. Perhaps one of the most notable changes in recent years has been the rise in cashless consumers. According to a Pew Research Center survey, roughly four in 10 Americans (41 percent) say none of their purchases in a typical week are paid for using cash, upโฆ
Data plays a pivotal role in the retail landscape. It has transformative potential to elevate a store โ whether physical or online โ to new heights of success. In today's highly competitive market, data-driven insights are a game changer. By meticulously analyzing customer purchasing patterns, preferences and behaviors, retailers can tailor their product offerings andโฆ
Each year, NRF: Retail's Big Show acts as the curtain-raiser for some of the retail industryโs most advanced and innovative technology solutions. While 2022โs event saw NRFโs return to New Yorkโs Javits Center, attendee turnout remained unusually low due to the world being in the early stages of the post-pandemic recovery. However, 2023 saw attendeeโฆ
The biggest retail season of the year is upon us, and retailers are feeling confident about holiday shopping trends despite record levels of inflation and elevated interest rates, according to the National Retail Federationโs 2022 forecast on holiday retail sales. The NRFโs latest report also indicates that as more households began their holiday shopping earlierโฆ
โSociety is unity in diversity,โ wrote philosopher George Herbert Mead. Retailers today are faced with the checkout challenge of unifying consumersโ payment preferences, which have never been more diverse. Payment technology plays an essential role in ensuring customersโ transactional expectations are met and even exceeded, so they return again and again. โCan I pay withโฆ
Before the pandemic took hold in 2020, the unattended retail industry sat at a tipping point. A once cash-based industry that started in vending, the shift toward autonomous retail had been driven by widescale acceptance of cards and mobile wallet payments, not to mention by consumer expectations for digital payment solutions. This, in turn, enabledโฆ
There are few in retail circles who would argue that the role of the store is the same as it was at the start of 2020, with the retail industry (like every other on the planet) undeniably changed as a result of the global pandemic. Where once upon a time retail business models had theโฆ
As frictionless commerce continues to grow in popularity, retailers are identifying how to integrate the innovative technology into their overall business strategy. To do so, they must determine whether to evolve existing solutions or revolutionize existing processes to keep up with competition. While there are benefits to both approaches, there are three key considerations retailersโฆ