PayPal recently revealed the findings of a study that paints a dim future for the traditional, man-made wallet due to the rise of the mobile wallet. 83% of respondents across five countries preferred the option of not carrying a wallet, according to the study conducted by Wakefield Research among 1,000 credit and debit card holders,…
John Lewis has announced that it is trialling three new retail technologies in its department stores over the festive period. “We intend to keep investing and innovating in our shops so that they remain compelling and hassle-free places for customers, offering multiple reasons to visit them,” said Simon Russell, director of retail operations development at…
As the benefits of electronic point of sale (EPoS) are more widely recognised by retailers, in turn system developers are increasingly looking to push the boundaries. Supporting technology is becoming highly flexible and driving EPoS forward at such a pace that the definition itself is changing in the retail environment. According to Retail Week’s Innovation…
When it comes down to it, faster actions within business, better customer service and cheaper methods of delivery, are the fundamental factors that all players in the retail industry are looking to achieve. While each company, may it be a fashion, shoe, charity or grocery store, has specific requirements within this, there are ultimately three…
Retailers have increasing amounts of data at their fingertips, but this is nothing without: 1. a clear strategy of what to use and how to use data in order to compete with other retailers and 2. the correct deployment of a model that can extract and deliver the information required. For retailers to fully exploit…