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How Retailers Could Turn Smart Vending Into A $15B Market By 2025

PYMNTS

As technology reshapes the way buyers access goods and services, consumer expectations are moving targets, and merchants that hope to survive can’t afford to fall behind. From Reis & Irvy’s to Vengo , merchants and technology companies are reinventing the world of vending technology through smart devices.

Retail 177
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Mercari Acquires Rival Marketplace App Origami

PYMNTS

The country is “one of the most heavily cash-dependent economies in the world” and the government now intends to move consumers away from a traditional reliance on cash and double the cashless payments transactional rates to 40 percent by the year 2027.

Training 140
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Location, Location, Location: Google Maps Get Birthday Upgrade

PYMNTS

Google Maps is getting a makeover and retailers will be a beneficiary as it enables more location sharing, data access and social media integration. billion by 2027. It can detect patterns and opportunities for retailers on a very basic level (where are my customers coming from?).

Google 133
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AI/BOTS: Artificial Intelligence’s Impact On Jobs

PYMNTS

As more chatbots enter the enterprise arena, as well as the retail industry, for customer service needs, this concept has morphed from fantasy into reality. Earlier this year at the National Retail Federation’s Big Show, the hot topic of debate was how chatbots can be beneficial to consumers if implemented in the correct way.

Retail 121
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Looking Toward Unattended Retail’s ‘Bright Future’ At The Kiosk

PYMNTS

Kiosks are increasingly becoming part of the retail landscape. As reported in the latest Unattended Retail Tracker , done in partnership between PYMNTS and WorldNet Payments, unattended retail is gaining traction worldwide, on the heels of growth in consumer demand and as employers look to increase their operating profits.

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Vending Machines Turn To The Bubbly To Gain More Sales

PYMNTS

Among the more interesting storylines of this era of digital commerce and payments is the maturation of vending machines — sorry, “unattended retail.” Retailers are paying more attention to vending machines, a trend that is all but certain to continue into the 2020s. Vending Machine Trends.

Retail 122
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Amazon Walmart Whole Paycheck Tracker: Beauty, Fashion And Food

PYMNTS

Walmart’s move on skincare could have been forecast simply by looking at skincare’s $123 billion in global revenue in 2018, or the $175-$200 billion it is forecast to generate annually by 2027. Walmart, it seems, is hoping to ride that wave of rising retail enthusiasm, with this week’s announcement of its new Earth to Skin product line.

Branding 109