Gold prices rose to a record high on the Chicago Mercantile Exchange (CME) on April 1, RBC reports with reference to data from the trading platform. June contracts for the supply of gold rose in price by 2.14 percent, to $2,286 per ounce. The price neared the level of $2,300 and reached a new all-time high. Gold is rising in price amid expectations for the US Federal Reserve to cut the rate in June, Warren Patterson, head of commodity strategy at ING Groep NV said.

Vladislav Bakalchuk, co-founder of one of Russia's largest marketplace platform Wildberries, announced an attempted gangster-style takeover of the company. The head of Chechnya, Ramzan Kadyrov posted a video of his conversation with Bakalchuk on his Telegram channel. Bakalchuk said that in early July, Russ Outdoor company, headed by Levon and Robert Mirzoyan, tried to take over the assets of Wildberries by means of legal schemes. According to the co-founder, they deceived his wife, Tatyana Bakalchuk, after which she left home without an opportunity to see her husband to discuss what was happening. The marketplace merged with Russ Outdoor Company in June; the shares of both companies in the business were approximately equal.

Omni-ID, the developer of passive industrial radio frequency identification (RFID) tags, used by major global organisations for monitoring the location and identity of assets, has appointed Amir Mobayen as Chief Revenue Officer.

A new research report has revealed the innovative new ways retailers are using RFID technology in-store to improve profitability.

Offering insights into the most effective, tried and tested approaches to managing retail risk, supplier of loss prevention solutions and retail technology, Checkpoint Systems UK, has revealed the conference agenda for its upcoming appearance as title sponsor at Retail Risk London on 22 July 2021.

Omni-ID has been acquired by HID Global, worldwide leader in trusted identity solutions.

Radio Frequency Identification (RFID) provides new and profitable opportunities for increasing organisational, financial and operational performance. For instance, the retail and logistics industries can benefit from the superior RFID technology. DENSO explains why.

Despite increasing concerns surrounding food waste, more than 89 million tonnes of food are thrown away every year in Europe. The grocery retail sector contributes some 5% to the total amount, often due to expired fresh produce, equating to more than 4.45 million tonnes.

The use of RFID offers a whole range of advantages, two of which clearly stand out: precision and speed. DENSO explains what this means for the retail sector.

Supply chain hardware, software and services company Renovotec is launching a ‘fast improvement manufacturing programme’ designed to deploy those technologies that have the greatest impact on supply chain manufacturing.

By Bryan Luna, freelance writer.

Read on to learn the different types and features present in various barcode scanners to make the right decision for your business and employee needs.

Riverside Greetings, the supplier of greeting card solutions, has developed RFID (Radio Frequency Identification) and AI (Artificial Intelligence) technology which is claimed to dramatically accelerate category growth in the convenience and forecourt sector.

PervasID, provider of passive Radio Frequency Identification (RFID) reader systems for automating inventory and asset tracking, has launched a new advanced version of TrackMaster, claimed to provide greatly enhanced return on investment performance.

Following a record year in 2022, real-time data capture, printing, mobility and voice-directed solutions specialist, Dakota Integrated Solutions, has again exceeded projected revenue and growth targets during 2023.

RAIN Alliance, the non-profit industry organisation supporting the development and adoption of Ultra High Frequency (UHF) Radio Frequency Identification (RFID), has announced that 44.8bn RAIN RFID tag chips were shipped globally in 2023.This figure represents year-on-year growth of 32%, and reflects increasing demand across a variety of industries....

RAIN Alliance, the non-profit industry organisation supporting the development and adoption of Ultra High Frequency (UHF) Radio Frequency Identification (RFID), has published its bi-annual research report ‘Global Markets & Applications for RAIN RFID Solutions’, produced by VDC Research.

According to Forbes, the global smart retail market size is expected to grow at a CAGR of 29.1% by 2030. DENSO accompanies retailers into the future with RFID.

The number of POS software installations at major retail and hospitality operators worldwide surpassed 9 million as of June 2023, according to a new study from strategic research and consulting firm RBR Data Services, a division of Datos Insights.

Competition between vendors to provide POS software remains fierce, with more than 125 suppliers working with major retail and hospitality chains, according to Global POS Software 2023, the latest study from strategic research and consulting firm RBR Data Services, a division of Datos Insights.

By Brad Hyett, CEO at phos.

SoftPoS, also known as Software Point of Sale, is a software-based solution enabling merchants to convert their NFC-enabled smartphones or tablets into functional payment terminals.

Manhattan Associates Inc. has announced significant enhancements to its Manhattan Active Point of Sale (POS) application designed to meet the dynamic needs of modern store associates.

By Jeremy Landau, freelance writer.

Retail's dynamic environment is seeing a real shift, driven by the integration of advanced software solutions. This goes beyond a mere technological upgrade – it's about completely transforming the customer experience.

By Jennifer Richards, freelance writer.

The retail landscape is rapidly evolving, and technology is the driving force behind this transformation. As an expert in retail technology, I've observed several groundbreaking trends set to redefine the shopping experience in 2024 and beyond. Here's a look at the most prominent ones:

In the ever-evolving landscape of retail, businesses face an ongoing challenge: theft.Despite many retailers implementing additional security measures, the issue of stolen goods continues to plague the industry with beers and wine, health and beauty products, and baby formula being the most common stolen goods.

By Ryan Edwards, freelance writer.

Omnichannel is one of the most effective retail strategies for engaging customers, driving sales, and building lasting relationships. A way to strengthen this game-changing approach is the revolutionary power of Artificial Intelligence (AI).

Cleveron, a click-and-collect automation solutions innovator, is proud to launch a modular outdoor parcel locker, Cleveron 355. The newest solution is specially engineered for DIY and home furnishing retailers, enabling the automated handover of extra-large items.

Aptos has announced that EE is introducing a new cloud-based POS solution from Aptos in its retail stores. The technology will enhance EE’s customer engagement capabilities and reduce the IT infrastructure footprint in each store. 

By Brad Hyett, CEO at phos.

With the news from UK Finance that 93% of all UK cards are now contactless, we cannot underestimate the importance of a reliable digital payment infrastructure. But what happens when traditional chip-and-pin machines fail? We all remember the recent tech outages across McDonald's, Tesco, and Sainsbury's, which forced the outlets to close down.

By Jack Pollard, freelance writer.

Retail is one of the most competitive landscapes out there today. Consumption is at an all-time high, but the cost of living crisis means that brands need to fight harder than ever to convince consumers that their products are what they need.

Cash handling solutions provider, Volumatic, has joined forces with EPoS solution providers MHouse Business Solutions to offer more efficient, accurate and streamlined cash processing to convenience retailers in Scotland and beyond.

SUZOHAPP is pleased to announce the appointment of Simon James as its new Executive Vice President of Retail & Transportation.Simon joined SUZOHAPP as Managing Director (MD) of the United Kingdom & Ireland, on September 1, 2018 and has made a very positive impact on our business there in a year's time.

The market for self-ordering kiosks is booming, as restaurant operators seek to meet consumer demand for self-service.

Most of us have used a self-service, multi-user kiosk at some point in our lives, to purchase train tickets, to select our burger at a fast food restaurant, to pay for parking in a multi-story car park, to check-in at a hospital or airport to name just a few.

The question is, will COVID-19, or possibly some future virus strain make people reluctant about using these now necessary machines

Wirral-headquartered Evoke Creative, a design-led manufacturer of interactive digital solutions, has developed a series of innovative new products which address the challenges faced by its blue-chip client base as they re-open for customers and employees.

Elo, a Silicon Valley-based global provider of interactive solutions, has announced major enhancements to its Elo Access App.

Black Box, a global information technology solutions provider, has introduced the first solution in its Return to Work suite designed to help organisations and businesses in different industries provide a safer environment for their staff, visitors and customers.

Security and Safety Things GmbH has entered into a partnership with the Johan Cruijff ArenA in Amsterdam to deploy its IoT platform for smart surveillance cameras to enhance overall fan experience, optimize ArenA operations and increase visitor security and privacy.

In addition to its knowhow as a manufacturer of complete ranges of POS systems (EPOS, Mobile POS / tablets), Aures Technologies is continuing its development in the kiosk and SCO sector (self-check-out or self-service check-out) and the omnichannel digital customer journey.

By Ed Smith, freelance journalist

Self-checkouts have proven to be an increasingly popular option for shoppers to take control of their own scanning of items. It can feel a little quicker and allows you to scan then pack your goods at your own pace rather than trying to keep up with a cashier.

Janam Technologies, provider of rugged mobile computers and contactless access solutions, has introduced the newest addition to its Guardian family of access management hardware solutions.

Doddle, the global e-commerce technology provider, has introduced a range of self-service kiosks to its solution portfolio, enabling retailers and carriers to address the challenge of online returns. 

imageHOLDERS’ bespoke kiosk technology has helped ViewPoint Feedback develop a new range of touchless self-service solutions ­- ensuring customers, employees, patients and students continue to leave vital real-time responses.

New Look has rolled out return kiosks in partnership with ZigZag Global, provider of technology-driven retail returns solutions, across a selection of New Look stores.

Nearly two-thirds of shoppers step into a store without a specific purchase in mind, looking to be inspired by retailers who can craft the ideal ambience through digital screens and interactive kiosks. 

Across the globe, enough food is produced to feed 10 billion people, yet hunger and famine still prevail. Each year, around 931 million tonnes of food is wasted following production and processing; of this, 569 million tonnes (61%) is consumer waste, and 118 million tonnes (13%) comes from retail.

BIXOLON Europe GmbH, a subsidiary of BIXOLON, the global manufacturer of advanced receipt, label and mobile printers, welcomes visitors on stand 4/F80 at LogiMAT 2023 from the 25-27.04.2023, where it will be showcasing its advanced range of printing solutions for the intralogistics market.

Avery Dennison Label and Packaging Materials EMENA has introduced AD XeroLinr DT, a new FSC-certified and phenol-free direct thermal (DT) linerless solution that drives productivity, reduces waste and advances sustainability.

According to a report from Adroit Market Research, 3D printing powder market is projected to grow at a CAGR of 26.6% between 2021 and 2031.

The low migration inks market size is projected to be worth US$ 1.4 billion in 2023. The market is likely to surpass US$ 2.8 billion by 2033. It is expected to showcase growth at an impressive CAGR of 6.9% during the forecast period.

On 26th June 1974, retail history was made with the scanning of the first-ever linear barcode. It started as a method to help supermarkets facilitate price look-up at the point of sale (POS) and has now become the common standard for commerce the world over, with global specifications managed by the international standards organisation GS1.