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Choice Market bets on automation for stores

Payments Dive

AWM will provide automated checkout technology to the Denver-based convenience retailer as part of plans for adding Mini-Mart c-stores nationwide.

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Can 5G Power Retail Drone Deliveries?

PYMNTS

UPS , too, is going down the drone path – one that Amazon pioneered for retail delivery uses – and is seeking a certification to operate commercial drone flights. We can expect more such retail trends to match up and combine forces for new innovation in the coming decade. The company applied to the U.S.

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Retail Rents Set To Rise In 2016

PYMNTS

After years of slow growth brought on by the financial crisis, retail rents are recovering and are on the rise. The question, according to retail analysts, is if this trend will be sustainable, especially as consumer-facing retail is becoming an increasingly digital endeavor. Supply is also an issue in Denver.

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How Cannabidiol Products Are Infusing Luxury Retail

PYMNTS

Somewhat less apparent, however, are the complexities that the “legalish” status of cannabis consumption creates for retailers that one might not immediately associate with legalized marijuana.

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How Retailers Drive Innovation With Subscriptions (And Payments)

PYMNTS

Brick-and-mortar retailers, as well as online merchants, are offering consumers all sorts of products and services through the subscription business model, from movies to tea. And retailers are offering innovative subscriptions for all sorts of products. The company accepts credit and debit cards for payments.

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Coin shortage eases as U.S. ramps up production

Payments Source

The Mint’s facilities in Denver and Philadelphia worked overtime in the second half of 2020 so that banks and retailers could get more change into customers’ hands.

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Singapore Becomes Hub For Tech Giant Rivalries As Amazon Expands

PYMNTS

The online retail giant is scooping up 90,000 additional square feet of office space in the middle of Singapore’s financial district at the Asia Square Tower 1, Bloomberg reports , citing people familiar with Amazon’s real estate plans. The world’s largest retailer is also on a hiring binge in Singapore.

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