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Envisioning Self-Driving Cars: From Grocery Retail To Ride-Hailing

PYMNTS

Many organizations, from retailers to local governments, are turning to self-driving technology to help them reach their goals and to get purchases and people to their destinations. percent between 2021 and 2030. Grocery retailers in particular have taken an interest in Udelv’s service.

Retail 139
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‘Ghost’ Kitchens Take A Bigger Role In Food Delivery

PYMNTS

As restaurants continue to wrestle with the questions that come with food delivery — how to make enough money, whether to work with third-party operators, how to manage customer relationships — a new factor is gaining significance. Keatz already operators ten “ghost” kitchens in Europe. Keatz reportedly has raised about $13.5

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Shopify’s 2Q Earnings Illustrate Growing Digital Shift For Merchants, Shoppers

PYMNTS

“Over the past few months, we’ve seen the COVID-19 pandemic firsthand, [and] it has catalyzed eCommerce – introducing major changes in buyer behavior and pulling forward what retail would look like in 2030 to 2020,” Chief Operating Officer Harley Finkelstein said on the company’s earnings call.

Retail 181
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Warehouse Robots Pave The Way For More AI Logistics

PYMNTS

Hot on their trail are machine learning and artificial intelligence (AI) technology — the software and algorithms promising to reduce the risks of overstocking and understocking, and providing other benefits that can boost retailers’ revenue. Depending on what predictions you believe, most retail warehouses could be fully automated by 2030.

Retail 197
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AI/Bot: Dole’s Secret Artificial Intelligence Weapon

PYMNTS

While AI certainly makes consumers’ lives easier, it’s also working in nearly every industry to help streamline operations. PYMNTS spoke with Dole Packaged Foods Asia VP of Marketing and Innovation Ashvin Subramanyam and Albert CEO Or Shani about this campaign and learned what AI is doing for the retail space.

Retail 177
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TRENDING: Why Grocery Stores Want Autonomous Vehicle Delivery

PYMNTS

Investment in Intelligence of Things (IoT) is expected to surge in the coming years, with companies projected to increase spending on the design, creation and operation of IoT solutions from $186.1 billion in 2017 to a grand total of $434.9 billion by 2023. The technology’s potential doesn’t stop there, though. About The Tracker.

Trends 173
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‘Content Is King, But Context Is Queen’ In Asia

PYMNTS

But first, virtual reality is also serving the retailer by helping to build more appealing physical retail layouts. Virtual reality is disrupting retail with the force of a wrecking ball in all parts of the world. Alibaba is a persistent influence in the Chinese retail and eCommerce sectors. And he wasn’t kidding.

Retail 100