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10 Things You Missed in Retail This Week
In This Issue
Expanding Boundaries
Asia POS market continues to Rock

   

 

Our Asia/Pacific POS Market Study has 48 figures in 78 pages in which we explore the market climate for POS terminals in the Asia/Pacific region. It includes shipment, installed base and trends analyses for POS in Japan, China, India, Australia/New Zealand, South Korea, Vietnam, Taiwan, Hong Kong, and Other Asia/Pacific countries.

 

  

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POS Market up 4.5% in North America - New Research from IHL

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2011 saw a return to solid growth for the PC-Based POS Market, with overall growth of 4.5% over 2010. But threats loom in the form of higher fuel prices and the emergence of mobile tablets being used for POS. The report is designed for use by POS Hardware and Software Providers, Maintenance Providers, Printer Manufacturers, EFT device vendors, Retailers and others who might have a vested interest in the North American Point-of-Sale Market. 

 

  

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Expanding Boundaries: 9th Annual RIS News/IHL Group Store Systems Study

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With responses from many of the top retailers in North America, we have produced the results in a detailed, but very easy to read study. With 44 charts and graphs, the data is broken down by retailer size, by retail segments, and by other criteria such as desire for real-time integration with other retail systems, the primary motivations for upgrading their store systems, and the desire for mobile solutions. This is the "meat-and-potatoes" part of the research IHL with RIS News entitled "Expanding Boundaries." 

 

  

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Mobility - A Gutenberg Moment for Retail, A Threat to POS
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This study looks at a variety of areas in which mobile devices are changing the landscape of the retail market. In some segments, mobile will only augment what is going on for transactions at the store level, in others it will fundamentally change how retailers interact with their consumers.

  

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Hi everyone, Happy Post Mother's Day to all you mom's out there.  Thank you for all you do.

 

With this newsletter a reminder of a webinar coming up.  IHL recently conducted two research studies (Consumer View, and Retailer View) and will present the results in a webinar on May 22nd at 11am EST. Sign up for the webinar, get the results. This research, sponsored by Tyco, shows the impact of Inventory Distortion by segment and retailer type, the reasons for the problem and what impact process and technologies can have to reduce the issue. Those who sign up and attend the webinar get a free copy of the study.  See more from the press release below....and plenty of other Retail News.

 

Thanks as always,

 

Greg

  
Greg Buzek
President - IHL Group

Follow Me on Twitter www.twitter.com/gregbuzek

+1.615-591-2955

 

 

Top 10 below, for more than 10 stories go here.   

   

Inventory Distortion: An $800 Billion Issue for Retailers Worldwide 

Tyco Retail Solutions and IHL Group, a global research and advisory firm, today announced the availability of the 2nd Annual Inventory Distortion study. According to the research, retailers lose the equivalent of $124 for every man, woman and child on the planet due to Inventory Distortion, a figure totaling over $818 Billion annually. Even more alarming, however, is that this statistic is increasing by nearly $50 Billion annually worldwide as emerging economies grow beyond the infrastructure to handle retail growth efficiently.

http://www.marketwatch.com/story/inventory-distortion-an-800b-issue-for-retailers-worldwide-2012-05-10

 

Big Data Vendor Roundup

The latest hot trend is Big Data. But you knew that already having heard the hype, oh, just about everywhere. So you' re ready now to take a look at the vendor lineup and hopefully pick a winner. Let 's break the contenders down then, take a look at who they are and what they ve got, and get on with it.

http://www.cioupdate.com/technology-trends/big-data-vendor-roundup.html

 

Peapod Unveils Virtual Grocery Store

Ahold US online grocer, Peapod has launched a virtual supermarket aisle in Chicago s Transit Authority State/Lake tunnel. The 7-foot-tall virtual aisle features images of stocked supermarket shelves that expand 60 feet down the transit tunnel.

http://www.kantarretailiq.com/ContentIndex/NewsDisplayLW.aspx?id=473908

 

Amtrak to Use Apple's iPhone as Ticket Scanner

In yet another example of the proliferation of iOS-based devices in our world, Amtrak has decided to issue its train conductors iPhones to be used as electronic ticket scanners.

http://reviews.cnet.com/8301-19512_7-57429288-233/amtrak-to-use-apples-iphone-as-ticket-scanner/

 

Trending Now in POS: Top Stories from April

April has sprung into action with exciting developments in POS technology and implementations. As operators continue to look for the best and most efficient ways to operate the point of sale, technology companies are perpetually trying to keep up and exceed expectations. In case you missed these headlines from April, here is a brief recap: T.G.I. Friday s Puts POS on Mobile App, Harbortouch Adds Tableside Ordering Functionality, Chicken Express Improves Bottom Line with New POS, and more.

http://hospitalitytechnology.edgl.com/top-stories/trending-now-in-pos--top-stories-from-april-including-customized-mobile-apps,-tableside-ipads,-and-m79982?referaltype=newsletter

 

Harris Teeter Improves HT Mobile App

Harris Teeter has launched a new mobile app which includes several enhancements from the original app that the retailer first rolled out in April 2011. The new HT Mobile app has improved functions as well as new features that make the mobile app more user-friendly.

http://www.kantarretailiq.com/ContentIndex/NewsDisplayLW.aspx?id=474093

 

C&A to Deploy Torex POS Solution in 1,500 Stores Across Europe

Torex today announces that retailer C&A will install Torex POS in over 1,500 stores across 19 European countries. The solution will provide the retailer with a modern IT platform to enable central control and management of pricing, products, promotions and inventory. The internationally compatible POS ensures that the financial requirements of all the stores in different countries are met seamlessly.

http://www.torex.com/global/news/2012/1/ca-introduce-torex-pos

 

Casino Sets to Launch with POS and Procurement Solutions

Oxford Casino in Oxford, Maine has selected the Agilysyswww.agilysys.com InfoGenesis POS system and the Agilysys Stratton Warren System inventory and procurement solution to streamline operations and enhance guest service. The casino is scheduled to open in summer 2012.

http://hospitalitytechnology.edgl.com/news/Casino-Sets-to-Launch-with-POS-and-Procurement-Solutions--79853?googleid=79853

 

Fine Dining Quality Meets Quick Serve Efficiency with Display Tech

Cameron Mitchell Restaurants (CMR) has a diverse portfolio of concepts, including single neighborhood favorites like the Cap City Fine Diner and Bar and multi-location upscale destinations such as the Ocean Prime fine dining restaurants. Often dubbed The Modern American Supper Club, the Ocean Prime restaurants average 250 covers per night with more than 500 covers on a peak night.

http://hospitalitytechnology.edgl.com/case-studies/fine-dining-quality-meets-quick-serve-efficiency-with-display-tech-79780?referaltype=newsletter

 

Cash-less: CBN Activates 60,000 PoS terminals

The Central Bank of Nigeria has deployed and activated a total of 60,000 Point of Sale terminals in Lagos State, exceeding the initial target of 40,000 by over 50 per cent, The Nation has learned.

http://www.thenationonlineng.net/2011/index.php/business/45658-cash-less-cbn-activates-60-000-pos-terminals.html  
Sincerely,

 

       

 

 


Greg Buzek
IHL Group