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A Smarter Way To Do Retail

That same revolution is now beginning to play out in Point of Sale (POS) technology. The vast majority of POS terminals sold to merchants today are quite traditional– their one function is to operate as a PIN entry device. Displays on these terminals tend to be small and simple, only what is required to see the sale price and input a PIN number.However,... read more...

Will Online Apps Prevent Consumer Waste Or Embolden Customers To Buy More Stuff?

If Apps using artificial intelligence help us all use less, share more, recycle things to others - then, will this hurt retailers and retailing due to decreased consumption? Will it prevent all the discarded waste, underutilized stuff we buy and own? Many believe it will. Take the sharing economy companies with popular apps; Lift, AirBnB, NetJet, Uber and... read more...

Why We Enjoy Shopping

"If money can't buy happiness, why does it sometimes feel so good to buy stuff?" asks Kristin Bianco in his personal finance column at Fox News Network. Well, there is an answer for Kristin's question if you search for it at the right place. That place is consumer psychology. Professor Kit Yarrow, professor of psychology and marketing at Golden Gate... read more...

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