Structural Concepts, a leader in unattended retail technology, is making waves with its latest strategic upgrade. By partnering with the renowned payment processor Cantaloupe Inc., Structural Concepts is set to significantly enhance the payment capabilities of its Autonomous Retail Merchandiser
Frate, a startup based in Toronto, has captured notable attention in the retail industry by securing C$3.6 million in an oversubscribed seed funding round. This funding effort was led by an array of influential investors, including Matchstick Ventures, 2048 Ventures, Whitecap Venture Partners,
The retail industry is undergoing a significant transformation due to advancements in artificial intelligence (AI). Over the last 15 years, AI has gradually evolved within the sector, starting with AI-powered virtual assistants on major retail websites. Today, AI influences multiple facets of
Walmart Inc. is in the midst of modernizing its regional distribution center (RDC) network by incorporating innovative robotics and software automation technology from Symbotic LLC. This extensive initiative aims to revolutionize Walmart's supply chain and achieve a higher level of efficiency and
John Lewis, a renowned British department store, has continually strived to maintain its competitive edge in the fast-evolving retail market. In recent years, the company has adopted a forward-thinking approach by integrating artificial intelligence (AI) and technological solutions into its
The retail industry is undergoing a technological revolution, driven by the adoption of the Internet of Things (IoT). This transformation offers innovative solutions to enhance customer experiences and streamline operations. By 2032, the IoT in retail market is forecasted to skyrocket to USD 296.67
