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Data and security have become key competitive advantages for all retailers

Inside Retail

They are looking at things like speed and convenience, and self-checkout has become commonplace in all supermarkets and convenience stores today. He believes AI-powered computer vision technology used to reduce shrinkage will help identify instances of customers swapping cheap items for expensive ones by changing labels.

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

Inside Retail

Inventory management Predictive analytics: This helps optimise your stock levels, preventing overstocking and stockouts. We all know that omnichannel is a challenge to manage against the product and customer objectives of your brand or business. This means you can get the most out of each product you are selling.

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5 Real-World Ways 5G Will Transform Retail

Retail TouchPoints

Now we’re partnering with companies like Google, Microsoft and Amazon that manage that data processing in the cloud to power whatever it is that retailers want to do, and you can do these things with a smartphone.”. Fast, Frictionless Checkout. In-Store Inventory Management. stores — the future is here folks.

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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

5G can also connect mobile point-of-sale (POS) terminals , self-service kiosks, scan-and-go checkouts and other forms of frictionless shopping with ease. 5G can reduce wasted time and prevent inventory shrinkage, providing retailers with cost savings. 5G-enabled tools can allow for order picking and inventory management.

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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. Micro markets often come with management software that can help airport employees in the food and beverage industry increase productivity and optimize operations.

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Is Your Wine & Liquor Store Stuck in the Past? Unlock Growth with Integrated POS

I Vend

Here’s some of the key ways that an integrated POS systems for wine and liquor can underpin growth strategies for wine and liquor stores: POS – integrated POS software for wine and liquor stores helps with efficiency at the checkout, enhancing the customer experience and streamlining operations in wine and liquor stores.