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The Helpful Robots Of Automated Retail

PYMNTS

High-level market intelligence about the $18 billion expected to be invested over the next three years is a major focus of the March 2020 Automated Retail Tracker™ from PYMNTS , which serves as a bimonthly breakdown of developments in this rapidly growing business sector. Amazon Go’ Cashless.

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Tech Giants’ Hill Testimony Reveals CEO Views On Competition — And Innovation

PYMNTS

from Cuba, and he (Bezos) spent formative summers on his grandparents’ ranch in Texas. For Google’s Pichai, innovation “has been a lifeline for so many businesses, especially during the global pandemic.” More than 80 retailers in the U.S. Like Pichai, Bezos said Amazon’s chosen verticals are fragmented.

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Bringing Specialty Socks To Malls With Automated Retail

PYMNTS

To differentiate his eCommerce site from the many other sock sellers, Williams came up with the idea of introducing a vending machine for socks – otherwise known as an automated retail unit – at the Westfield San Francisco Centre shopping mall. It sits at the Powell/Market Street Bart entrance of the mall’s concourse level. The Market.

Retail 140
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Why Brick-And-Mortar Merchants Are Tapping Into Unattended Retail

PYMNTS

To help meet customer expectations in the digital age, retailers have to know who their shoppers are and what they want. While eTailers already have this information about consumers, brick-and-mortar retailers don’t have this in-depth knowledge. They can also help capture the ages, genders and emotions (in some cases) of shoppers.

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Amazon Go Has Its Roots In A 1920s Texas Ice Retailer

PYMNTS

After Green’s innovative merchandising concept, stores opened with various names — “bantams,” “dairy stores” and “vest-pocket grocery stores,” for example — but Green established a brand that has stood the test of time. Enter Amazon Go, a brick-and-mortar convenience store the eCommerce retailer opened last week in Seattle.

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7-Eleven Launches Beer Delivery In Select US Markets

PYMNTS

” According to Fortune , the company will test the service in 18 markets: Austin, Texas; Charlotte, North Carolina; Chicago, Illinois; Dallas-Ft. .” ” According to Fortune , the company will test the service in 18 markets: Austin, Texas; Charlotte, North Carolina; Chicago, Illinois; Dallas-Ft.

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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 , in one case, is experimenting with a cashierless store concept at its corporate headquarters in Texas. Mike Motz, CEO of Staples U.S.

Retail 143