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Think Tank
Retail: Page 319
Can Square - the Mobile Credit Card Reader System - Fend Off Its Many, Many Competitors?
Four years ago, when its little card reader attachments for phones and tablets began to show up in cabs and at farmers' markets, Square was one of the coolest, most innovative companies in Silicon Valley. That's over.
Mobile Transactions in Your Mid-Market Supply Chain
While the buzz around mobile transactions is currently high, it shouldn't be considered as a check-box exercise when evaluating solutions. Mobility for the sake of mobility doesn't make financial or operational sense. To really deliver value, mobile transactions should be a tangible, measurable part of an overall improvement strategy for your supply chain operations.
Millennials Found to Be Confident in Use, Security of Mobile Payment Technology
Research reveals vast age differences in U.S. consumers' attitudes toward mobile payments, with Generations Y and Z - often referred to as Millennials - twice as likely to view them as faster, easier or more efficient than other types of transactions. These younger consumers also show more confidence in the security of mobile payments - although Generations Y and X are actually more concerned than Baby Boomers about the possibility of a personal information breach via mobile payments.
Most Shoppers, Especially Millennials, Reported Willing to Give Out Personal Data to Receive Retailer Rewards
A majority of U.S. shoppers, 60 percent, said they would be comfortable giving out personal information, anonymously, to their favorite stores in exchange for benefits and rewards. Another 56 percent would give out the same information to a product brand and 46 percent to a product app, according to a recent survey from Wearables.com and The Center for Generational Kinetics.
Sato Print Engine Designed for Food & Beverage, Pharmaceutical, Health and Beauty, Retail, Logistics Industries
SATO, which specializes in barcode printing, labeling and EPC/RFID solutions, has released the S84-ex and S86-ex print engines for case carton, pallet and individual product identification, and print and apply applications.
Customer Service at Lowe's? Robots That Roam the Aisles.
The robots are coming. Lowe's is testing whether new "bots on wheels" can improve its customer service, like helping a shopper find a match for something as simple as a nail. Four robots are being tested an Orchard Supply Hardware store owned by Lowe's Companies Inc. in San Jose, Calif.
The Perils and Pitfalls of Lean Inventories
Manufacturing and distribution executives love the idea of slashing inventories. But it's distribution-center managers who must deal with the consequences.
Retailers Dropping Apple Pay, Other Mobile Payment Systems to Avoid Credit Card Swipe Fees?
The recent introduction of Apple Pay was widely described as the dawn of a new era for smartphone payments. But within a week, two major pharmacy chains, Rite Aid and CVS, rejected Apple’s version of the future: Both disabled Apple Pay (as well as other tap-to-pay mobile payments systems Google Wallet and Softcard).
Smartphones Need to Interact Better if Retailers Are to Fully Benefit from Beacon Technology
In September, Macy's announced plans to roll out the largest beacon initiative in the retail industry with its partner, shopkick, a shopping app that awards users points for entering participating stores. The company is joining a host of retailers that have already made strides toward beacon technology, including Lord & Taylor and Hudson Bay.
Retailers Get Ready for Surge in Online Shopping
With expectations higher than ever for a merry omnichannel holiday season, retailers are assertively preparing their shipping operations to avoid delivery and service hiccups.
B2B Marketing Growing, But Users Aren't Upbeat About Tools or Their Vendors, Report Says
B2B marketers are attacking mobile with budgets that are jumping 11 percent over the next six months and an additional 17.5 percent over the next 12 months. But it’s clear they’re not terribly happy with the tools vendors are providing. "Compelling solutions are still lacking," one marketer said.
Equipment Crunch, Labor Dispute Threaten On-time Deliveries to Retailers Eager for Holiday Season Items
A shortage of transportation equipment and possible labor disruptions at the Los Angeles/Long Beach port complex, the nation's busiest, is delaying shipping containers for up to three weeks, threatening timely delivery to retailers for the holiday season.
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