Wincor Nixdorf High Speed Checkout with 360 Scanners.

360 Scanners Revolutionize Checkout With High-Speed Automatic Scanning

360 Scanner from Wincor NixdorfFor many people, grocery shopping is a dreaded chore. It means having to make a list, fight traffic, snag a parking spot, bump your way through a labyrinth of aisles, shoppers, and shopping carts and sort through thousands of products, brands, and prices in order to collect your necessities and hopefully stay within your budget. By the time you are ready to check out and pay, having to choose between a long line of overflowing carts and a persnickety old self-checkout machine might be enough to make you cry.

Here at The BarCode News, we are always on the lookout for new technology that will improve the shopping experience for customers, and increase efficiency for business owners. Once in a while, something comes along that seems revolutionary. 360 scanners for checkout lines indeed fits that category.

Imagine, instead of a cashier having to handle every item in your cart, or you having to play spin the bottle with your ketchup at the self-checkout, you simply place your items on a conveyor belt where they are automatically scanned by the time they get to the bagging station. This is possible with 360 scanners.

As the name denotes, 360 scanners are capable of scanning a product bar code from 360 degrees, so it does not matter how the item is placed on the conveyor belt. The machines perform automatic scanning on multiple bar codes at a time, processing items at a speed twice as fast as traditional scanners (up to 60 items per minute), with 98 percent accuracy. If an faulty bar code cannot be scanned or an item requires age-verification, then the 360 scanner snaps a picture of the item and displays it to the checkout attendant for quick resolution.

Both Wincor Nixdorf Inc. and Fujitsu have introduced 360 scanners for use in grocery and high-volume retail environments.360 Scanner from Wincor Nixdorf

Wincor Nixdorf developed the 360 Scan portal as part of their advanced Automated Checkout Suite, with the partnership ofDatalogic Scanning andRoyston LLC. Wincor’s 360 Scan portal is built with the new 360-degree automatic scanning technology, to speed up checkout lines, improve the customer experience as well as increase operational efficiency.

The software is flexible so that the 360 Scan Portal can be used either as a self-checkout or with an attendant during high-traffic hours. Since the attendant does not have to scan the items, he or she can simply bag up the groceries so that the customer is ready to pay and go by the time the cart is unloaded. The system is so efficient that it can allow one attendant to serve two lines at a time. It is also customizable for different retail environments and multiple payment methods.

Fujitsu also introduced a 360 scanner at last year’s NRF. Fujitsu’s 360 scanner also boasts 98+% scanning accuracy and the ability to manage faulty bar codes and restricted items with ease.

The Advantage Checkout 360 scanner enhances the customer checkout experience and potentially reduces the number of checkout lanes, allowing staff to move to other valuable activities. The checkout system’s Metrologic scanner/scale functions with six-sided, 360° scanning and integrated electronic article surveillance (EAS).

Watch this video from Wincor to see how the 360 scanner works:

www.wincor-nixdorf.com/usa.

http://solutions.us.fujitsu.com

(Images courtesy of Wincor Nixdorf Inc.)

Supermarkets Make a Tryst with Record Sales on Independence Day

Top retail chains posted their highestever weekly sales in the six days to Independence Day, when heavy discount offers lured buyers to splurge on daily household products, apparels and consumer durables.

Retailers such as Future Group, Reliance Retail, Bharti Retail, RPG Group’s Spencer and K Raheja Corp’s HyperCITY — helped by active participation of several consumer product companies — offered deep discounts across product categories to push volumes at a time when consumer spending is slowing and there are fears of poor monsoon rains impacting demand.
“Consumers are looking at savings more than ever before,” said Rakesh Biyani, joint MD of the country’s largest retailer, Future Group, whose 164 Big Bazaar outlets across some 90 cities saw more than 8.1 million visitors during the week ended August 15. “We have been working to integrate our supply chain to bring down prices as far as possible.”
Several suppliers, including Coca-Cola, Britannia and Procter & Gamble, participated in special Independence week deals, helping retailers to offer higher discounts than before.
Darshana Shah, business head for marketing at HyperCITY, a hypermarket format run by Shoppers Stop, said increased vendor participation as well as entire malls going for sales helped pull in the crowds. “The sale was definitely better this year as we had stronger and bigger deals since market sentiment was soft,” she said. HyperCITY also increased its spend on marketing this year at around 2% of overall sales. During the week, Big Bazaar outlets sold more than 1.4 lakh packs of a combination of 5 kg of rice and sugar each with 5 litre of edible oil, and more than 1,500 tonnes of detergent. LED TVs, mixer-grinders and induction cookers were among the other top sellers at Big Bazaar, officials said.
Spencer’s Retail said its same-store sales increased 24% year-on-year during August 11-15, driven by beverages, health and beauty, bakery products and staples that saw over 30% sales growth. Sales of FMCG household products grew over 50% while liquor sales rose 30%, Sanjay Gupta, executive director (marketing & business development) at Spencer’s Retail, said.
Such discounting, however, reflects the escalating pressure on retailers, whose sales are slowing during non-discounted periods. “Because of the slowdown sentiment, consumers have been withholding purchases, so companies are trying to push volumes through discount seasons at retail chains,” said Mayank Shah, group product manager at Parle Products, the country’s largest biscuit maker.
But those volumes come at the cost of bottom lines, he added. Earlier this month, credit rating agency Fitch said same-store sales growth of retailers slipped across lifestyle and value-based formats in the quarter ended June, adding that it expects retailers to combat slowing sales by offering discounts.
“However, this may lead to an erosion of gross margins,” Fitch said, while revising the outlook for the Indian retail sector to negative from stable for the first half of this fiscal due to sustained decline in the discretionary spending ability. A slew of factors such as economic slowdown, deepening crisis in Europe, high food and fuel prices has impacted consumer sentiment in the country, slowing sales of everything from cars to carpets.
Some retailers use inflation as a marketing tool. A case in point is Bharti Retail’s “freedom from inflation” campaign at Easyday stores, which help people fight inflation by providing quality merchandise at low prices. Retailers such as Reliance Retail used the week to increase their customer base. Reliance introduced discount offers such as ‘double the difference’ price guarantees across various product categories.

Retail Commerce Continues to Move to the Online Channel in the US

ecommerce, retail spending, dailydealmedia.comOnline retail spending touched $43.2 billion according to comScore’s U.S. retail e-commerce sales estimates for the second quarter.

This performance represents a growth of 15% over the last year. The company says e-commerce as a category remains strong, even though the second quarter performance couldn’t sustain the high growth rate as witnessed in the previous quarter.

Online retail spending was reported to be $44.3 billion in the first quarter. The second quarter performance is welcome news. When the first quarter estimates were out, comScore had mentioned that the industry the performance was marked by year-over-year growth rates in the high teens. And such growth hadn’t been registered since 2007.

At the same time, the company said owing to factors such as economic uncertainty and high unemployment rate, it would rather opt for a cautious route for its projections for the remainder of the year.

According to comScore, the main online product categories included Digital Content & Subscriptions, Consumer Electronics, Flowers, Greetings & Gifts, Computer Hardware and Apparel & Accessories.

Each of these product categories rose by at least 16% compared to the previous year. In the first quarter, each of the top categories grew by 17% over the previous year. As indicated earlier this year, e-commerce has already reached critical mass in several product categories.

The economic recovery hasn’t picked as desired. But commerce continues to move to the online channel, and savvy retailers need to identify ways to be part of this growth.

Source: http://www.dailydealmedia.com/78retail-commerce-continues-to-move-to-the-online-channel-in-the-us/ By 

H&M at home, Shops at Target, Wal-Mart groceries

Cheap chic retailer H&M is launching its housewares collection in the U.S. in early 2013.

H&M housewares The H&M Home collection is heading to the U.S. in 2013. (H&M)

The collection, which is already available in Europe, will include moderately priced linens, cushions and other accessories for the home based on “themes seen on the runways,” according to Women’s Wear Daily.

The home collection debuted in 2009 in Sweden, Great Britain, Austria and Germany. Much like the quick turnaround of its apparel business, where a top can go from design table to store rack in a matter of weeks, H&M will introduce a number of new home items every two weeks.

–Target Corp. is continuing its collaborations with local retailers by teaming up with four new partners to produce limited-time apparel and home collections for the fall.

Called the Shops at Target, these partnerships bring on small boutiques that design items to be sold exclusively at the discount retailer. Debuting Sept. 9, Target will unveil products from the minds behind New York’s Kirna Zabete and Odin stores, Francisco’s the Curiosity Shoppe and Boston’s PATCH NYC.

Products will include apparel, bedding, kitchenware and home accessories.

–Discount giant  Wal-Mart Stores Inc.  announced plans for a grocery-centric Neighborhood Market in Downey.

The nearly 33,000-square-foot grocery store, which is sliding into a space formerly occupied by a party supply shop, will open later this year. It continues the retailer’s aggressive expansion into the Southland supermarket business.

Wal-Mart’s plans have been welcomed in some communities and spurred fierce opposition in others. A planned grocery store in downtown Los Angeles’s Chinatown neighborhood has sparked multiple protests.

Downey City Council member Mario Guerra said in a statement that he is pleased to see Wal-Mart “breathing new life” into an empty retail spot.

Biggies bet on to go smaller.

Office Depot, other retailers pushing big to go smaller

Supersizing is out, and when it comes to retail stores, smaller is better.

Despite predictions a decade ago that brick-and-mortar stores would die, that has not happened.

Instead, smaller-format stores have debuted in response to competition from Internet sellers, rising costs and the overall economic downturn.

“It is the biggest trend. The most dramatic example would be Wal-Mart, obviously. It is 10 percent of U.S. sales. They are building smaller inner-city stores,” said Howard Davidowitz, president of Davidowitz & Associates, a national retail consulting and investment banking firm based in New York.

“Best Buy, Kohl’s, Staples, Target and Office Depot are building smaller stores as well. Frankly, almost everybody is downsizing their stores,” Davidowitz said.

“The overhead is less. The rent is less. The investment is less.”

Boca Raton, Fla.-based Office Depot Inc. is revamping many of its stores, remodeling them into more compact and shopper-friendly versions.

They range from about 5,000 square feet, one-fifth the size of a traditional Office Depot, to about 15,000 to 17,000 square feet.

“Customers say the smaller format makes sense from a shopping perspective,” Office Depot Chairman and CEO Neil Austrian told investors this week.

“I don’t think anyone in the retail business today can look ahead and say that a large box is what is going to make sense over time.”

So far, 41 Office Depots have been transformed.

On Tuesday, Office Depot reported a second-quarter loss of $64 million, or 23 cents a share, compared with a loss of $29 million, or 11 cents per share, a year ago.

Total company sales for the quarter fell by 7 percent to about $2.5 billion.

Its management team estimates that converting a couple of hundred stores to the smaller format could reduce operating costs by as much as $100 million a year.

Steven Schmidt, Office Depot’s International Division president, said competition is increasing globally, particularly on the Web.

“Category killers, just as in North America, continue to pop up all over the world,” Schmidt said.

“We are seeing more competitors show up on the Web every single day. We have to provide a customer experience that is better than or equal to competition so customers want to do business with us.”

Office Depot has committed $30 million this year to remodel or downsize 30 to 35 stores and relocate 25 to 30 stores with expiring leases.

Leases on more than 60 percent of its North American stores — with 1,111 stores in the United States — are expiring within five years, Austrian said.

The company’s strategy includes such options as retaining their format and location, downsizing, relocating within the same market or closing.

In 2013, more than 100 stores could be affected, Austrian said.

Booming China retail market evolving

Booming China retail market evolving

Booming China retail market evolving 

Foreign and local companies try different strategies to keep growing

China’s retail market is growing exponentially. Accounting for roughly 14 percent of the economy, how retailing progresses is gravely important to the entire economy, and to China’s growth prospects. It is equally important to China’s trading partners.

No economy can reach fully-developed status, including a robust consumption-based economy, without a fully-developed, modern retail and distribution system. The innovation and productivity of the retailing sector affect the manufacturing, agriculture and services sectors more powerfully than does any other industry, save perhaps banking.

Four important trends have dominated Chinese retailing over the past dozen years. The first is a massive and highly successful influx of sophisticated foreign retailers creating extreme competition. By 2005, more than 35 of the world’s top 50 were in China. Some, such as Ikea, are moving cautiously. But most are racing. Carrefour forecasts 25 new hypermarkets annually and Tesco 10 a year for the foreseeable future. Wal-Mart’s billion-dollar investment in Trust-Mart (35 percent stake) and purchase into Yihaodian – one of China’s leading e-commerce websites – demonstrates its intentions.

Management consultant A.T. Kearney predicts double-digit retail growth for the foreseeable future. Domestic players still dominate. Gome Electrical, for instance, China’s leader in household appliances expanded stores by 20 percent, increasingly in smaller cities. Major international retailers are also expanding rapidly, aiming at smaller cities. Metro Group has plans for 100 total outlets by 2015. With 900 million Chinese yet to move into the ranks of the middle class, China will be a magnet for global retail giants for years to come.

The second trend is the substantial competition-induced efficiency gains. Successful technology applications to reduce costs and improve performance are critical where competition leaves paper-thin margins. Some are simple: new lighting, heating and ventilation technologies to reduce energy costs. Others are more fundamental: regional distribution hubs, computer-based stocking, and cold chains critical to modern food retailing. Food and product safety regulations, and middle-class preferences, require more modern distribution technology. It also makes higher-end Chinese goods more attractive in US and Europe when they more closely meet the destination standards.

Recent studies find that international retailers in China focus primarily on brand image. Chinese firms focus more intently on information and communication technology capability. More than just online sales, this means focusing on computer-based business process efficiencies.Research at the MIT Sloan School of Management finds that every dollar of real estate, plant or ordinary equipment a company owns in the US, on average returns one more dollar of market value. Better computer-enabled business or organizational practices, however, add about $10, a total of $2 trillion in the US. ICT-based business process improvement is serious business.

As firms push to reach the large cities of the western interior – what some call the last great industrial adventure – highly efficient logistics structures and processes are critical. These form the backbone of inventory management. World-class management practices in the large retail sector will have profound value-added effects for China; and inevitable productivity spillover into other sectors.

Increasingly sophisticated local retailers make China a tough market for foreign companies. China Resource Vanguard in Shenzhen and Yonghui in Fujian province, for instance, use local knowledge and savvy management teams to grow rapidly despite the entry of Wal-Mart and Carrefour. Wahaha and Tingyi have grabbed market space from Coca-Cola and Pepsi. Detergent producers Nice Group and Guangzhou Liby Enterprise Group have captured about 35 percent of the detergent market, and Haier, the No 4 refrigerator producer in the world, is dominating its market.

The fruits of this competition include aggressive pricing and customer service, more unconditional refunds, nicer shopping environments, more attention to quality and locality preferences of consumers, and product/service flexibility that have improved the overall consumer experience.

The third is the rise of a coherent regulatory structure. Over the last several years, important regulations on the retail sector have been issued, including new labor laws, strict food safety and quality standards, and environmental protection rules. Since the Sanlu milk powder scandal in 2008, central and local governments have begun to pay much more attention to food safety and quality control.

In response, firms have expanded quality control efforts over their own products and those in their supply chains. Retailers increasingly require suppliers to pass formal certification of food safety and quality improvement systems (such as QS and ISO 9001). Standardized international marketing strategies on quality, value and service have helped Chinese retailers build a stronger brand image. Consumers, who often pay extra for foreign brands to get the quality and safety assurance, can increasingly find that comfort with Chinese brands. These brands will become more attractive to foreign markets as well.

Partly as result of new labor laws and a stronger regulatory environment, wage increases of up to 40 percent, more stringent compliance requirements (particularly in the areas of food security and sustainable development), and higher taxes have led to significantly higher costs. These costs are part of a modern, world-class retail sector.

The fourth is the shift to online retailing, or e-commerce. China is expected to have 700 million Internet users by 2015 – as many as in the US, India, Japan, Russia, and Indonesia combined. Last year, Chinese consumers spent 1.9 billion hours online. Seniors and rural residents are new to the Internet but are rapidly becoming active cyber-citizens.

What are they doing? Increasingly it’s shopping. Shopping is the fourth-most-popular online activity in China, and the fastest growing – 36 percent of Chinese Internet users shop, and this is expected to soon reach 50 percent. The Boston Consulting Group reports that China has 193 million online shoppers – more than the US, and five times that of the UK. By 2015, China’s e-commerce sales should match the US, and could capture 8 percent of total Chinese retail sales.

Simply put, companies cannot have a major presence in China without being online, not just to sell, but also to engage with customers where they spend so much of their time. If they are not buying, they are researching. A quarter of consumers research online before purchasing. Another 29 percent research and buy online.

Taobao’s C2C site, for example, offers more than 500 million products by more than 5 million merchants, with 50,000 sales per minute. Unlike eBay, most products sold online in China are new. Major retailers are moving online, such as Wal-Mart via Yihaodian, Gome through Coo8.com.

Chinese companies appear to be more aggressive than their foreign rivals in embracing Internet channels. As foreign firms focus on brand loyalty, surveys suggest Chinese firms see ICT as the primary tool to win consumers, especially the important 20-40 year olds. More than 40 percent of foreign competitors had no plans to focus on online sales while 93 percent of Chinese firms already are, or soon plan to be, online.

soruce: http://usa.chinadaily.com.cn/weekly/2012-08/03/content_15642064.htm

Subway to Open 1,000 Stores in India by 2015

Quick service restaurant chain Subway today said it plans to operate 1,000 stores in India by 2015 through franchise route, which will entail an investment of $58 million (over . 300 crore).

The Connecticut headquartered brand is present in 50 Indian cities with 263 franchisee-run restaurants across the country. Commenting on the potential of the market, Subway President and Cofounder Fred DeLuca said: “India is a promising business destination with a young, educated population having growing disposable income.”

Subway will continue to evolve and adapt its product offerings to suit the Indian taste and plans to grow here through franchise route, he said in a statement. While the investment of $58 million (over . 300 crore) to set up the planned number of stores will be made by franchisees, Subway will invest in providing training and technical know how to its partners.

The brand is aiming to expand aggressively in tier-II and tier-III locations. The planned expansion will generate employment opportunities for another 15,000 people, the statement said.— PTI

%d bloggers like this: