what is retailing

Top 250 Global Retailing Powers

Top 250 Global Retailing Powers

In years past, it was easy to spot a retailer. It bought and sold goods, either in store or online. The maker movement, the sharing economy and other factors have made it increasingly difficult to define what a retailer is and does. In 2017 and beyond, market fragmentation in the retail space will continue to grow.

Some are attributing this volatility to “retailization” or the explosive growth of non-traditional retailers developing new models to serve customer needs. We are particularly seeing this play out in the developing world, where large-scale leapfrogging is more common.

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Automated Cupcake Machine

Automated Cupcake Machine for ChattyCupcakes

MagexUSA, an Alps Innovations Group company (www.alpskiosks.com), announced that their client, ChattyCupcakes, has introduced Pittsburgh’s first Automated Cupcake Machine, located at the Galleria Mall in Mt. Lebanon, PA.

Ellan Toothman, Co-Founder of ChattyCupcakes, explains that the company’s only “storefront” is this new custom-made Automated Cupcake Machine. “We realized we needed a way to get our cakes from the oven to our customers in an efficient and convenient way,” she said. “After meeting with several engineers in an effort to build our dream machine, we found a company that knew exactly what we needed. It was a joy to work with them and we appreciate their exceptional knowledge and extraordinary workmanship.”

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Global branded payment apps

Global Branded Payment Apps Expected to Reach $92 Billion

A recent report by Javelin Research states that the market for global branded payment apps is expected to reach $92 billion by 2019. The report states that mobile proximity payment volume has tripled since 2013, reaching $10 billion in 2015, and is expected to surge to $92 billion by 2019. Behind the progress, wallet providers have compensated for low purchase frequency and dollar amounts by seeking out new users — a strategy that will falter as the pool of first-users dries up. Meanwhile, in-app and in-browser purchases, currently accounting for $161 billion, are set to jump to $319 billion by 2020.

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Nutritional Labels Vending

What to look for on the nutritional label

What to look for on the nutritional label. This has been a problem for consumers for years. And for manufacturers, the decisions are directed as much by marketing as they are by regulations.

For years, health advocates have urged the public to read the ingredients and ignore the marketing. For years, consumers have ignored the health advocates and haven’t known what to look for on the nutritional label.

But lo! It looks as if they’re finally listening. Now people know what to look for on the nutritional label.

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Global Department Store Retailing Market

Global Department Store Retailing Market

Global Department Store Retailing Market: Revenue Predicted to Go Up by 2020.

A department store is a retail establishment that sells a wide range of consumer goods. These products include clothing, cosmetics, toys, toiletries, home appliances, furniture, sporting goods, foods, books, electronics and stationery. These products are usually separated into departments and divisions.

Automated Retailing is becoming popular among the consumer due to the ease of shopping. In order to catch-up with online retailers, many department stores are adding Automated Retailing Systems and expanding their reach.

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10 Principles of Food Industry Sustainability

10 Principles of Food Industry Sustainability

10 Principles of Food Industry Sustainability
In a new book, The 10 Principles of Food Industry Sustainability, author Cheryl Baldwin states that although the food industry is beginning to make headway with its sustainability initiatives, substantially more progress is needed in order to feed the world’s growing population sustainably.
The challenge is that the topic of sustainability can seem overwhelming and there is limited information that is specific to the food industry.
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FDA clarifies compliance dates for nutrition initiatives

FDA clarifies compliance dates for nutrition initiatives

FDA clarifies compliance dates for nutrition initiatives.

FDA is clarifying the timing of compliance dates for its various nutrition initiatives. In the summer of 2018, manufacturers will have to comply with these key nutrition initiatives:

  • On June 18, 2018, manufacturers must ensure that their products no longer contain partially hydrogenated oils for uses that have not been otherwise authorized by FDA.
  • On July 26, 2018, manufacturers with $10 million or more in annual food sales will need to comply with the new requirements for the Nutrition Facts label.
  • Also on July 26, 2018, vending machine operators with glass-front vending machines will have to comply with all requirements of the vending machine labeling rule. FDA delayed the compliance date for calorie declaration requirements for certain food products sold from glass-front vending machines in part to be consistent with the compliance date for the new Nutrition Facts label requirements so that manufacturers can make changes to front-of-pack labeling for products they supply to vending operators at the same time that they make changes to the Nutrition Facts label.
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retail automation

Retail Automation Market Worth $275.43 Billion by 2020

Retail Automation Market Worth $275.43 Billion by 2020

According to a new market research report Retail Automation Market  – Analysis & Forecast to 2014 – 2020″, the total retail automation market was valued at $93.04 billion in 2013 and is expected to reach $275.43 billion by 2020, at a CAGR of 16.7% between 2014 and 2020.

The concept of retail automation has been in existence for a long time and has witnessed profound growth in the last five years. The stringent regulations being imposed by the governments augmented by the increasing need to save costs by retailers are the primary factors contributing to the growth of this market. The growing awareness of wireless technologies and the developments towards the integration of such technologies with retail automation products is expected to propel the market in the future.

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How the Trump Administration May Impact the Coffee Industry

How the Trump Administration May Impact the Coffee Industry

After a deeply divisive campaign, a new administration is poised to assume power in Washington, having been elected on a platform which has expressed skepticism toward big government and regulatory intervention.

The transfer of power has only just begun, cabinet and agency appointments are a still in progress, and budget negotiations are far off – including the implications of funding cutbacks or additions.

In the meantime, we’re preparing for the changes that may be ahead. Earlier this year, the National Coffee Association (NCA) released the first-ever Economic Impact Study to measure the U.S. coffee economy, and the NCA’s 2017 plan already includes outreach in Washington to raise awareness of the industry’s importance. That outreach will now take on even greater significance as the coming months unfold.

 

Alps Innovations is a leading kiosk manufacturer.

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automated-retailing-with-alps-kiosks

Automated Retailing Technology Enters Mainstream

Thanks to the expansion of technology, automated retailing is at an all-time high, and new disruptors will maintain this momentum. The perfect example of this evolution is retailers’ attraction to “robotics,” computer hardware and software that controls operations, leverages sensory feedback, and processes data to streamline operations.

Currently, retailers are tapping robotics to improve their omnichannel operations, from ordering capabilities to fulfillment and delivery. With U.S. consumers expected to spend $385 billion online in 2016, and $632 billion in 2020, according to Business Intelligence, robotics investments are primed to deliver big returns.
Retailers are likely to keep leveraging robotics technology and automated retailing to streamlined their processes and drive productivity and efficiency.
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