The self-service market is projected to be worth $13 billion by 2023, and food merchants are angling to secure a bigger foothold in the space. Realizing that it’s not just what they sell, but also when and how they sell it, farmers and butchers are...
Who said vending machines were good for just low-dollar candy and pop? Consumers think nothing of purchasing $1,600 luxury designer jewelry — from a vending machine in a park. In the August Unattended Retail Tracker, jewelry designer Marla Aaron explains what it takes to sell...
Candy and soft drinks don’t rule the vending machine anymore. In fact, vending machines are increasingly being used to sell products such as cars, caviar and even high-end jewelry. With that shift has come the need for acceptance of wide-ranging payment methods. According to PYMNTS...
Consumers are using less cash than ever, with the average consumer carrying just $21. In response, unattended retail operators are finding new ways to embrace alternative payment methods, ranging from mobile wallets to cryptocurrencies. In the new Unattended Retail Tracker™, PYMNTS charts the latest ways...
Retailers face a balancing act when it comes to high-value and high-shrink items: How do they protect these items against theft, without sacrificing sales? These items are sometimes kept behind glass – under lock and key, no less – and this setup means that consumers...
As it continues expanding into retail, Chef’d has partnered with Byte Foods to bring its meal kits into one hundred of Byte’s unattended retail locations in California. Over the next six months, Chef’d plans to expand to all of Byte’s locations, Chef’d said in an...
They started out selling gum, and now they’re selling tossed salads. Modern vending machines have come a long way since the first coin-operated machines were introduced in the 1880s. Now, they are a thriving, global business. Between now and 2021, the American interactive kiosks market...
Fitness centers are all about working out. However, when it comes to retail in those spaces, it doesn’t always work out. Everybody knows time is money. For businesses, space is money too, and if they don’t allocate it strategically, it can hurt rather than help...
When the parking meter made its grand debut in 1935, it allowed municipalities to collect money in exchange for vehicles to be parked for a set amount of time. Simultaneously, it created the inconveniences of forcing motorists to locate change wedged in between seats to...