News English — Stores

How do you explain to your customers that their elbows look like Cheerios?

Posted by Thomas Andersson on

At a recent visit to #NRF2019 we noticed a less than perfect working AI which apparently mistook a man's elbows for two packets of Cheerios. We presume there is a potential for these types of 'AI mistakes' once these stores are rolled out on mass scale. Not all stores will have the very latest technology and may come with flaws such as this. How do you explain to your customers that their elbows look like Cheerios? Image source: STIQ Ltd, 2019 The real thing

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Retailers IT estate the next battle ground for suppliers & partners?

Posted by Thomas Andersson on

On our recent visit to NRF2018 we saw the new piece of EPOS hardware Square payments had just recently released and at TDC18 we noticed Hermes new hardware for its partner stores. In addition to this we also read about Just-Eat's development of a hardware platform for its partner restaurants. All this is pointing to increased competition for retailer's and hospitality businesses IT estate - but what does it really mean? Will EPOS and ERP-light suppliers experience a declining market? To what extent is hardware and EPOS used as a way to 'tie in' customers and partners? Our take on...

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Europe's busiest shopping street to become a 'people only' place; London's Oxford Street to transform from 2018

Posted by Thomas Andersson on

Oxford Street is being transformed to a people-only place in 2018, starting with closing the stretch from Oxford Circus to Selfridges/Orchard Street (aka 'the posh bit of Oxford Street') to vehicles. Crossrail will open in Bond Street station and Tottenham Court Road station in December 2018 pushing up total visitor numbers to Oxford Street by a forecast 20%, or 120,000 visitors per day. With 200 million visitors already passing through Oxford Street every year, this will push visitor numbers closer to 240 million per year. Artists impression of a pedestrianised Oxford Street The 300+ retailers in the area will no...

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China Watch: Self-Serve Convenience Stores

Posted by Thomas Andersson on

Self-service stores is a big thing in China. At what point will Chinese companies lead and businesses like Amazon follow?

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Breakfast meeting @ Retail Week Prospect, 4 Dec 2017

Posted by Thomas Andersson on

As many other traditional publishers, Retail Week have suffered from a slump in paper copy sales and have moved online. However, with the variety of sources available online the company has had to look at other ways to monetise its network, connections and expertise. Retail Week Prospect is one such initiative. Retail Week Prospect is an extensive database of 180 of the largest UK retailers including deep analysis of strategic direction, IT investment focus in the near future, key contacts and much more. If you are business developing/prospecting for your IT supply outfit and building your UK retailer network you...

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