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How Experiential Retail Is Giving Physical Stores An Edge

PYMNTS

As 2020 unfolds, the retail business has been dramatically altered. But with consumer spending holding steady, it’s important for retailers to grasp the opportunity to create innovative ways to get, keep and grow customers. And retailers that deploy experiential tactics drive repeat purchases at rates nearly twice those who don’t.

Retail 210
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Making The Case For Cash In Unattended Retail

PYMNTS

households, retailers that enable digital payments while dropping cash are less than convenient. Unattended retail operators are taking a fresh look at keeping cash acceptance on the menu to appease lawmakers who recently issued legislation intended to ensure the inclusion of unbanked residents. A round the Unattended Retail World.

Retail 161
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Retail Pulse: 7-Eleven Tests Cashierless Tech; Staples Debuts Connect Store Concept

PYMNTS

Brick-and-mortar retailers are testing convenience store designs that let consumers skip the checkout line and pay for their purchases with their mobile phones. 7-Eleven President and CEO Joe DePinto said in an announcement , “Retail technology is evolving at a rapid pace, and customer expectations are driving the evolution.

Retail 143
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Grocers Consider Checkout Line-Free Future With Unattended Retail

PYMNTS

To help shoppers check out without waiting in line, grocery retailers are rolling out entire stores centered around cashierless shopping experiences, enabling consumers to purchase fresh food and grocery items with a mobile payments app. The projected value of the global self-service market by 2023 is $13 billion.

Retail 161
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How Cashierless Checkout Can Power Brand Marketing Experiences

PYMNTS

Cashierless stores aren’t just for mega retailers like Amazon to sell prepared food from their kitchens or products from other producers: Beverage brands, among other companies, are getting into the action and choosing this checkout experience for stores that showcase their own products IRL (“in real life”) as a marketing tool.

Branding 139
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Bringing On-The-Go, Health-Focused Fare To Automated Retail

PYMNTS

Vichot pointed out that the market is ready for quick, healthy food. At the same time, according to the latest PYMNTS Automated Retail Tracker , the estimated number of vending machines in the U.S. The Automated Retail Market . is about 4.5

Retail 108
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Amazon Plans To Expand Grocery Stores Across The US

PYMNTS

billion for Whole Foods , the online retail giant is planning to open its second automated-checkout grocery store in Seattle’s Eastside neighborhood and is hiring managers for a third store in the city’s Capitol Hill district, The Seattle Times reported. Three years after it paid $13.4 And it’s not stopping there. the Times reported.

Seattle 220