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Think Tank
Retail: Page 276
Mobile Point-of-Sale Systems Could Exceed 54 Million Unites in 2019
The last decade has seen many technological advancements in known payment environments. The introduction of point-of-sale systems has changed payment experiences by replacing cash registers in many scenarios. Credit cards have become a preferred mode of payment and more merchants are working toward accepting them.
7-Eleven Delivers Late-Night Snacks to College Dorms
7-Eleven is finding a new way to serve late-night munchies to the college crowd by partnering with Tapingo to deliver to college campuses.
Cost, Not Quick Delivery, Uppermost in Minds of Those Buying Online, Report Finds
While more peak-season shopping will likely be done online this year than ever before in North America, one of the most important factors in a shopper's decision to use the web will be cost rather than speed of delivery, according to a consumer survey conducted by Canadian parcel and freight service Purolator International, along with the Stony Brook University Center for Survey Research.
At Walmart.com, Mobile Commerce Comes of Age
Mobile has firmly won the battle of devices this holiday season at Walmart, where mobile made up more than 70 percent of traffic to the retailer's website since Thanksgiving.
Significant Numbers of European Consumers Find Buying Directly From Manufacturer to Be Attractive Option
More than two-fifths (42 percent) of European adults have bought products directly from a manufacturer in the last 12 months, according to the JDA Manufacturing Pulse Report, which surveyed 6,146 adults online across the UK, Germany, France and Sweden.
36 Percent of E-Commerce Sales Lost Due to Poor Checkout Performance?
Twenty years after the launch of the commercial internet, most merchants still fail to optimize the online checkout experience for the customers who visit their virtual storefronts. The result is that they stand to lose as much as 36 percent of sales due to the frictions that remain from discovery through checkout. Merchants could lose additional sales during payment processing.
Weaker Canadian Currency Could Help Domestic Merchants Regain Business From U.S. E-Commerce Giants
B2C e-commerce in Canada is dominated by U.S.-based retailers, according to a report from Research and Markets. However, local Canadian retailers could be favored this year by weaker Canadian currency with respect to the U.S. dollar.
On Your Mark, Get Set, Print Your Plastic Car - Go!
One of the most atypical things seen this year at the Specialty Equipment Market Association show was a prototype of a 3D printed car from the company Local Motors.
UT Supply Chain Forum Unveils Gender-Diversity Effort
The Haslam College of Business at the University of Tennessee has created a program to promote gender diversity in the field.
Long Shopping Lines? Blame New Technology in Your Credit Cards.
Shopping season means waiting in line. But this year may be even worse. New chip technology in credit cards is making consumers' purchases safer but also appears to be causing longer lines at some retailers.
Smart-home Technology Expected to See Growth Topping 1,000 Percent Over Next Five Years
Home automation hardware, sold as stand-alone units rather than as part of a subscription package, will exceed 300 million in 2020, according to Juniper Research. This represents growth of over 1000 percent from an estimated installed base of 28 million units in 2015.
Maker of High-value Baseball Bats Uses RFID to Ensure Products Get to Intended Retaile
Sporting goods company DeMarini Sports is employing radio frequency identification technology to track its baseball and softball bats, thereby ensuring the integrity of the supply chain for its high-value products.
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