Proving the Business Case for the Internet of Things

Smart Retail News

Kroger partners Nuro for autonomous grocery delivery

American supermarket retailer Kroger is working with unmanned road vehicle maker Nuro to pilot on-road, fully autonomous grocery delivery.
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Alibaba uses AI to recommend outfits to shoppers

A fashion concept store in Hong Kong used artificial intelligence to recommend outfits to shoppers. Alibaba's Fashion AI offered customers personalised mix-and-match recommendations.
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T-Systems and Wirecard develop digital supermarket concept

Wirecard and Deutsche Telekom subsidiary T-Systems are working with retailers on a digital supermarket concept designed to let consumers draw up their shopping list using an app. This will link to a shopping trolley that will take them interactively through the store to the items on their list.
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Retail computer vision start-up lands $7m seed funding

Israeli retail computer vision start-up Trigo Vision has emerged from stealth and announced $7m in a seed funding. Trigo's platform combines a ceiling-based camera network with machine vision algorithms to identify and capture customers' shopping items during their in-store journey.
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Migu brings Via facial recognition to Chinese retailers

China Mobile subsidiary Migu is using technology from Taiwanese company Via Technologies to enable smart VIP customer experiences for the China retail market. This will combine Migu cloud and big data services with the Via Edge AI facial recognition systems.
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Singapore leisure group connects retail operations

Singapore leisure, events and lifestyle merchandise group Mount Faber Leisure is streamlining operations across all aspects of its business with fully connected retail technology from Eurostop.
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Pundi X helps Hong Kong organic restaurant chain accept crypto-currencies

Customers of Fama’s Hong Kong chain of locally-sourced, organic food restaurants can make purchases using various crypto-currencies including BTC, NPXS and ADI via the Pundi X PoS device.
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Blockchain in retail to grow at nearly 100% CAGR

The use of blockchain in the retail market is expected to grow from US$80m in 2018 to $2.3bn by 2023, at a compound annual growth rate of 96.4%, according to Markets & Markets.
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