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Automated Retail Speeds Up Delivery And Checkout

PYMNTS

Automated retail might conjure up images of robot cashiers, but beyond a few convenience stores in Japan and Korea, that sci-fi development hasn’t yet become reality for the wider world. The latest Automated Retail Tracker explores these trends and new developments in the unattended retail space.

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Retailers Eye Industry-Shaking Innovation With Accelerators

PYMNTS

Retailers are turning to accelerators to drive innovation, and Target is taking its program to the international stage: It is teaming up with Germany’s wholesale and food specialist METRO AG for its cohort this year. They will also visit the headquarters of Target in Minnesota and METRO’s Accelerator headquarters in Berlin.

Retail 140
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DTC Brands Fill Pricing Gap In Outdoor Furniture Market

PYMNTS

Higher-end retailers, however, were charging $4,000 to $5,000 for a set of outdoor furniture. Yardbird’s concept, which has grown into a brand with an eCommerce website and a showroom in Minnesota, offers 10 furniture collections. The designs weren’t that impressive, and the quality wasn’t great,” Dillon told PYMNTS in an interview.

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Target Rolls Out Augmented Reality For Beauty Products

PYMNTS

Target is taking on the beauty market, bringing in augmented reality (AR) to develop its Target Beauty Studio. The retailer has also announced it will be rolling out men’s grooming departments in a select number of stores, according to Retail Dive reports. retail sales will still take place at stores.”.

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Is Self-Checkout Catnip For Criminals?

PYMNTS

Great news for innovative retailers. The self-checkout system market is expected to increase from its current value of $2 billion to more than $4 billion by 2024, according to a new study. Labor laws were the impetus for French grocery conglomerates Casino Guichard Perrachon and Carrefour to begin experimenting with automated retail.

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Farmhouse Market’s Remotely Operated, 24/7 Grocery Store

PYMNTS

These retail models cater to customers who are on the go by offering seamless experiences and convenient payment methods. Such locations can be critical in expanding retail options for smaller cities and towns, too, and staff-free grocery store Farmhouse Market seeks to do just that for consumers in New Prague, Minnesota.

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Should Unstaffed Stores Be Shelved?

PYMNTS

Automation promises many benefits in retail, including the potential to reduce costs and improve the customer experience. The July Automated Retail Tracker examines the latest cashierless efforts in retail and finds which are experiencing uptake and which may fall flat. Just because you can doesn’t mean you should, though.