Kyle, left, and George Yost have installed more than 60 Grab n' Go Markets in the Denver area.
Premier Services, a refreshment services provider in Denver, Colo., wasn't satisfied with existing micro market systems. The company tested different systems after expanding into micro markets six years ago.
While the micro market systems were improving, the father/son team of George and Kyle Yost came to the conclusion after two years that existing systems were not economical enough for many locations that could benefit from micro markets.
The Yosts initially tried one of the leading commercial micro markets. They immediately began looking at other options on account of the fees. They tried another system and found the back-end software difficult to work with. "I'm sure they've made improvements, but at the time, we had a hard time with it," said Kyle Yost, sales manager.
Crane Co., the parent company of Crane Merchandising Systems (CMS), Crane Payment Innovations (CPI) and Crane Connectivity Solutions (CCS), has acquired Microtronic AG, a manufacturer of closed-site and mobile payment solutions for the European vending market,for cash consideration of approximately $18 million.
Microtronic AG manufactures electronic payment systems, primarily for the European vending market. The acquisition strengthens Crane's technology portfolio with the addition of Microtronic's complementary capabilities to the CCS electronic payment and connectivity platform, which is available in the U.S. through CPI and CMS.
Three Square Market (32M) will implant employees with chip technology on Aug. 1, enabling them to make purchases in the company break room micro market, as well as open doors, log into computers and use the copy machine. A chip will be implanted between the employee's thumb and forefinger underneath the skin.
The company expects more than 50 employees to be voluntarily chipped. 32M is partnering with BioHax International, based out of Sweden, to provide the implants.
32M will use radio frequency identification technology, which uses electromagnetic fields to identify electronically stored information. The chip uses near-field communications (NFC), the same RFID technology used in contactless credit cards and mobile payments.
The drivers hands are free as they perform data entry using their voices.
Wizzan Mobility LLC, a software development firm specializing in assisted reality solutions, reported that its routeSight solution has enabled Mark Vend Company to reduce the average route driver day length by nearly an hour in a pilot test.
The routeSight solution allows drivers to perform data entry using their voices, keeping their hands free to handle product.
Running on Google Glass Enterprise Edition, routeSight provides the driver with a heads-up display which allows the driver to view product information while they load machines. All data entry such as inventory counts and spoils can be entered with voice commands so the driver does not have to interrupt their workflow.