Data & Analytics

There is no shortage of emerging technologies with the potential to transform how retailers operate, but some are closer to realizing that potential than others.

Virtual and augmented reality and Internet of Things (IoT) are most likely to disrupt retail, at least in the short term. That’s according to the first quarter 2016 Retail Innovation Report from the Center for Advancing Retail & Technology (CART).

One key area of the supply chain is an area of concern for almost three-quarters of North American retailers.
 

PSK Supermarkets, a 14-unit Mount Vernon, New York-based grocer that operates stores under the Foodtown banner, needs to run at maximum efficiency in order to compete with national rivals and keep food prices low for shoppers Controlling expenses is a big part of PSK’s efforts to ensure optimal operations. To stay on top of finances. the retailer leverages cloud-based Dayforce Human Capital Management (HCM) technology from Ceridian.

One key area of the supply chain is an area of concern for almost three-quarters of North American retailers.

There is no shortage of emerging technologies with the potential to transform how retailers operate, but some are closer to realizing that potential than others.

Virtual and augmented reality and Internet of Things (IoT) are most likely to disrupt retail, at least in the short term. That’s according to the first quarter 2016 Retail Innovation Report from the Center for Advancing Retail & Technology (CART),

BOISE, Idaho — Albertsons plans to provide free hearing tests to customers in 24 stores using a unique testing kiosk developed by Hearing Wellness Network.

The diagnostic test expands Albertsons Companies' health-and-wellness services to customers by offering a quick-and-easy method to diagnose possible problems and promote hearing awareness. Kiosks are now available as part of a pilot program at participating Albertsons, ACME, Jewel-Osco, Safeway, Shaw's, Star Market and Tom Thumb stores.

Energy that comes from an unlikely source will help power a distributed center operated by Stop & Shop Supermarket Company.

The retailer has opened a “Green Energy Facility,” in Freetown, Massachusetts, that will convert inedible food from Stop & Shop’s 212 New England stores into energy that will help power the company's distribution center in Freetown.

Target Corp is raising its minimum wage to $10 an hour, Reuters reported.

The reported increase comes amid an increasingly competitive job market and widespread calls by activists and labor groups for retail and restaurant chains to offer higher wages.

A leading payment card issuer and the world’s largest discount retailer are both launching efforts to reduce how long customers have to wait to check out with EMV-compliant payment cards.

Visa Inc. is rolling out a technology enhancement designed to optimize EMV chip card processing and speed up checkout times. The new solution, called Quick Chip for EMV, streamlines the processing of chip card transactions to enable customers to dip and remove their EMV chip card from the terminal, typically in two seconds or less, without waiting for the transaction to be finalized.