Image Source: 7-Eleven
New enhanced vending machines, new deployments of Just Walk Out-style technology and other unattended retail setups have been appearing more frequently lately, leading some to say that the space is undergoing a technological boom.
A recent article by Vending Market Watch says retailers should be aware of the latest crop of unattended retail solutions to remain competitive. The report points to several recently developed unattended retail solutions that purport to meet shopper needs in new, and in some cases previously impossible, ways.
The article focuses on a new generation of vending machines that allow customers to scan their payment method on the side of the machine, open the door, select and take the product they want and get automatically charged when they close it. Such machines, some of which use AI to manage inventory, allow operators to stock a much larger array of products than what has traditionally been found in vending units. Some solutions enable operators to stock hot meals or both cold and room-temperature selections in the same machine.
The article also discusses players in the enhanced vending space moving into adjacent categories, like, Amazon Go-style unattended stores, as well as stores that consist of multiple next-gen vending machines, freezers, coolers and cabinets in a single location that customers can shop from without interacting with staff.
Unattended retail was picking up steam in the U.S. before the novel coronavirus pandemic and got a significant boost in popularity starting in March 2020, when customers sought to undertake transactions while limiting face-to-face contact to reduce the risk of COVID-19 infection.
In some spaces where robotic vending was anticipated to gain a foothold, the technology has yet to take off. For instance, Gap has talked about stocking clothing in smart vending machines going back to 2015, but such plans have yet to materialize.
Not all unattended retail concepts have proven popular with customers.
For instance, last year, pick-up-only Starbucks locations with no interaction between barista and customer drew criticism on TikTok.
Both enhanced vending machines and fully unattended stores also raise potential concerns about shrink, an ongoing problem at retail.
Leave a Reply
You must be logged in to post a comment.