Remove ATS Remove Checkout Remove Shrinkage
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Data and security have become key competitive advantages for all retailers

Inside Retail

Consumer tendencies are changing,” explains Mahesh Krishnan​, CTO at Fujitsu Australia and New Zealand. They are looking at things like speed and convenience, and self-checkout has become commonplace in all supermarkets and convenience stores today. So how can we continue enhancing those outcomes for clients online?”

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5 Real-World Ways 5G Will Transform Retail

Retail TouchPoints

5G is really three things — speed , latency and massive connectivity ,” said Michael Colaneri, a 30-year AT&T veteran who now leads the telecom’s retail business vertical. Here are five places where 5G-enabled experiences/solutions are either being tested or have already been deployed at retail. Fast, Frictionless Checkout.

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Sick of hearing about AI? The key is understanding how to make it work for you

Inside Retail

In this article, we will look at the benefits and the key areas to apply AI in the retail industry. Loss prevention: AI combats retail shrinkage also, by integrating computer vision and motion analytics at self-checkouts, detecting suspicious activities and ultimately reducing theft.

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Smaller Spaces, Bigger Tech and Optimized CX

Retail TouchPoints

The chatter of the store “being dead” is evolving from belief that the physical store is fading amid the shift to digital, to seeing that it’s the role of the store that is changing — and a vital one at that. Self-Checkout/Roaming Checkout. So how then do retailers balance the reduction of footprints with heightened CX?

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Co-op lost £70m to shoplifting in 2023 as it uses AI to stop self-checkout theft

Retail Gazette

Retail crime cost The Co-op £70m last year, according to food managing director Matt Hood, as the mutual turns to AI to stamp out theft at self-checkouts. Instead the mutual is linking AI to CCTV cameras to track what items are put into bags at self-checkouts. when the impact of the disposal was excluded.

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5G in Retail: Creating the WOW factor

Retail TouchPoints

Retailers that understand the customer journey and adopt innovative strategies are looking at ways to turn their brick-and-mortar stores into experience centers. 5G provides an alternate method to keep the store connected at all times. 5G can reduce wasted time and prevent inventory shrinkage, providing retailers with cost savings.

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The Rise of Micro Markets in Airports

Retail TouchPoints

Consumers are also becoming more exposed to self-checkout options, and they are in turn becoming more normalized and natural. Having more kiosks for customers to check in at also allows staff to be more flexible. This information can be of great value when deciding which products to order and what price to sell them at.