S4D’s Post

Revolutionizing retail: The future of cashierless shopping is here with Reckon.ai! Absolutely thrilled to announce that Reckon.ai has been recognized as one of the Top 50 Retail Tech Innovators and will be showcased at the National Retail Federation 2025 Innovators Showcase! The NRF Big Show, hosted by the National Retail Federation, is the world’s premier retail conference and expo. It unites thousands of industry professionals to explore cutting-edge trends, technologies, and strategies. This honor reflects the relentless dedication and innovation of the team as we transform the cashierless, grab-and-go market. Our amazing customers like Unilever, Lekkerland Deutschland, REWE Group, Compass Group, EG Group, Carrefour, Jerónimo Martins any many more, know why they trust our operating system 😉. As an investor and advisor on this journey, I am filled with pride and gratitude for Ana Pinto and Paulo Ribeiro the visionary co-founders, and the entire Reckon.ai team. Their commitment to creating a trustworthy, seamless, and AI-driven retail experience is inspiring, and it’s amazing to witness the positive impact they’re making in the industry. Come visit our booth at #NRF25BigShow to see how we’re redefining the future of retail. Let’s keep pushing boundaries together! #NRF25BigShow #RetailInnovation #RetailTech #Cashierless #GrabAndGo #AI #MachineLearning #RetailTransformation #FutureOfRetail #RetailExperience #TechInnovation #RetailTrends #UnattendedRetail #SmartRetail #ReckonAI #Top50Innovators #RetailAutomation #DigitalTransformation #RetailSolutions #AIinRetail #vending #grabandgo #saas #retail #foodtech #ai

What motivates customers to visit convenience stores? How can C-Store leaders drive more in-store visits? Data from Intouch Insight's 2024 Convenience Store Trends Report shows that food, and the value offered in made-to-order menu options, is leading the way to landing more loyal customers. The report notes over 90% of consumers report trying made-to-order food from a convenience store, compared to about 75% in 2022. As a result, in-store sales from foodservices are soaring, with prepared food posting more than a 12% gain in sales and nearly 14% gross profit year over year. That averages out to more than $50,000 per store every month when someone paying at the pump decides to come in for something to eat. For a national chain of 500 stores, $25 million in non-fuel sales makes the convenience store an unmissable arena for customer-centric innovation. Visit Avanade's Retail Insights Blog for more insights into the future of convenience stores and the forces shaping the Mobility Retail industry. #retailconvenience #cstores #mobilityretail #retaildata #AIinRetail

#nacsshow day 2 is over. Here are a few highlights from the sessions so far: 𝗔𝗜 𝘂𝘀𝗲 𝗰𝗮𝘀𝗲𝘀 🤖 AI is already revolutionizing retail operations by optimizing pricing, improving customer experience, and enhancing operational efficiency. From voice analytics to AI-driven customer engagement tools, retailers who adopt AI are ahead of the curve, while those who don’t risk obsolescence. 𝗕𝗼𝗼𝘀𝘁𝗶𝗻𝗴 𝗔𝗹𝗰𝗼𝗵𝗼𝗹 𝗖𝗮𝘁𝗲𝗴𝗼𝗿𝘆 𝗦𝗮𝗹𝗲𝘀 🍷 Alcohol sales are surging in convenience stores, with key growth in the "Ready-to-Drink" (RTD) segment and flavored malt beverages. To capitalize on consumer preferences, it’s crucial to focus on single-serve packaging, health-conscious products, and innovative merchandising strategies. 𝗚𝗹𝗼𝗯𝗮𝗹 𝗥𝗲𝘁𝗮𝗶𝗹 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻𝘀 🌍 From electric vehicle (EV) charging solutions to creating unique in-store experiences, global leaders in convenience retail are embracing new technologies and customer-centric designs. Retailers need to invest in foodservice, hospitality, and store architecture to create engaging experiences and drive traffic. 𝗛𝗼𝘄 𝗜𝗻𝗳𝗹𝗮𝘁𝗶𝗼𝗻 𝗶𝘀 𝗦𝗵𝗮𝗽𝗶𝗻𝗴 𝗖𝗼𝗻𝘀𝘂𝗺𝗲𝗿 𝗛𝗮𝗯𝗶𝘁𝘀 💸 Inflation is pushing consumers to cut back on non-essential goods and dining out. Retailers need to focus on value-driven promotions, private labels, and enhancing loyalty programs to retain customers. Supply chain management and dynamic pricing strategies are also key to weathering economic challenges. 🚀 These sessions have highlighted the importance of innovation, customer experience, and adaptability in the ever-changing retail landscape. #retailai #retailtech #convenience

Interesting to hear Adgild Hop, Partner and European Retail Market Leader at Deloitte, argue at Shoptalk that, ultimately, grocery retailers will look “to become media and technology companies that are enabled by grocery” —and the data it provides—boosting not only their margins, but also their valuations. Leveraging and monetising customer data is definitely now becoming the driving force for growth for the grocers that CvE - Marketing Consultancy works for, although I’d still say that customer experience and delight is the core business for a grocer.

🏬 In-store shopping isn’t just alive—it’s thriving. In my article for @RETHINK Retail’s report, "Shopper Driven Innovation: The Next Wave of Grocery Trends," I explore what grocery customers really want when they walk into a store.  From personalized recommendations to engaging atmospheres and speedy checkouts, today’s consumers are looking for experiences that resonate with their lifestyles and preferences. Discover how grocers can meet these evolving expectations and build long-term loyalty.  Download the full report to read more about the in-store experiences that are redefining the grocery sector. https://bit.ly/4cYmsSI

Transform In-Store Shopping with Terpli Kiosks 🤩 Experience the future of retail with Terpli’s AI Budtender, now seamlessly integrated into AIQ.com (Alpine IQ)’s kiosks. From product discovery to checkout, Terpli transforms in-store experiences by guiding customers seamlessly through each step. Why kiosks? 🛠️ Quick Self-Service & Personalization: Customers can explore AI-driven product recommendations, browse, and checkout—all at their own pace. With a streamlined interface, the kiosk helps reduce wait times and alleviates congestion while enabling loyalty sign-ups right at the screen. 📊 Consistent Experience Across Channels: The same seamless shopping you enjoy online is now extended in-store. Real-time inventory visibility and personalized recommendations ensure a cohesive journey. Plus, interactions are captured in your AIQ Insights Dashboard, making it easy to track loyalty and customer behavior for smarter engagement. 🎯 Strategic Upselling Made Simple: Terpli’s AI analyzes preferences, terpene profiles, and cannabinoids to suggest complementary products. By focusing on effects, customers get recommendations that help build their ideal cart, effortlessly boosting the average order value. 📈 Boosted Sales & Loyalty: Exclusive integration with Alpine IQ allows for seamless incentivization, with loyalty points earned during every kiosk interaction. This drives not only immediate sales but also long-term customer relationships. Book a demo today with Eric Mercado, CPA and see how AI can revolutionize your dispensary. 🔗 https://lnkd.in/drjyxBXK #TechTuesday #RetailInnovation #RetailKiosks #AIQIntegration #DispensaryTech #CustomerExperience #DataDriven #CannabisTech #SelfService #AIRecommendations

At NACS 2024, we saw how convenience stores are evolving into tech-driven community hubs. They’re no longer just quick stops—they’re becoming central to local communities, using technology to create personalized, enhanced experiences. Retail media is still a top priority for brands and retailers, with growth projected to hit $100 billion by 2027. One key takeaway was how loyalty programs are driving this, using first-party data to deliver more relevant customer experiences. At NACS, it was clear that AI is powering more personalization and automation, making online and in-store shopping experiences feel seamless. For CPG brands, adapting to AI-powered analytics and dynamic ad creation is key to staying ahead. Shout-out to Archana Sridhar Tim Mara and Tommy Shaw for the breakdown!

Usage of AI by grocery shoppers, next steps for 🥖 grocery stores, McDonald’s extended meals, and more. Those are some interesting news from the last week in the retail & grocery world 🔍. Source: NRF, SupermarketNews #Kimbino #RetailNews #Retail #RetailInsights #RetailStrategy #OnlineDeals #BestDeals #OnlineShopping #ConsumerTrends #ShoppingBehavior #OnlineShopping #Checkout #Ecommerce

🎉Announcing our expanded partnership with AIQ (Alpine IQ). 🎉 Their cutting-edge eCommerce platform is now fully integrated with our Retail Omnichannel point-of-sale system. Why This Integration Stands Out: 🥇 Leading the Industry: Building on our top-tier integration with AIQ Loyalty, we're now enhancing our retailers' businesses even further with the integration of AIQ's eCommerce platform. 🔗 Seamless Integration: Our comprehensive cannabis supply chain management software integrates effortlessly with AIQ, ensuring smooth functionality, maximizing data utilization, and streamlining inventory, sales tracking, and compliance. 💡 Enhanced Customer Experience: Leverage Alpine IQ’s advanced loyalty programs, personalized marketing, and data-driven insights alongside our robust POS system for exceptional customer experiences. 📈 Boost Sales & Efficiency: Optimize operations, improve retention, and drive growth with this integration. From seed to sale, we provide the tech stack you need to thrive in the competitive cannabis market. Discover Flourish Software and AIQ (Alpine IQ) today! #Cannabis #CannabisBusiness #Ecommerce #Partnerships #AIQ #BrandsGrowWithFlourish

Exciting news alert! Last week, I had the privilege of attending the annual E-commerce Summit, where industry leaders gathered to discuss the latest trends and innovations shaping the future of online retail. One topic that dominated the conversation was the rise of AI-powered personalization in e-commerce. During the keynote address, renowned experts shared insights into how AI algorithms are revolutionizing the shopping experience, enabling retailers to deliver hyper-personalized product recommendations, tailored marketing campaigns, and seamless customer interactions. From virtual try-on technology to predictive analytics, the possibilities are endless. Moreover, I had the opportunity to network with fellow e-commerce professionals and learn about their experiences navigating the ever-changing landscape of digital commerce. From small startups to established brands, everyone was buzzing with excitement about the potential of AI to drive growth and enhance customer satisfaction. As the e-commerce industry continues to evolve, staying informed and embracing innovation will be key to staying ahead of the curve. I'm thrilled to see how AI-powered personalization will shape the future of online retail and empower businesses to thrive in an increasingly competitive marketplace. What is your opinion?