CARA from Digital Touch Systems can be installed in vending machines, doorway entrances, cash registers and other retail points of sale. It detects and gathers such real-time anonymous consumer data as gender, age, attention time and even emotions...
SelfPay enables shoppers at participating retailers to user their own devices to scan products in store, view pricing and information, and pay for their purchases.
The San Diego-based healthy vending biz-op also announced that it has generated more than $25 million in gross revenue from January 2010 through September 2013...
-- USAT press release...
The Corona, CA, company said it is seeking to partner with "dynamic, innovative and creative" display company to develop the next generation of vending machines and automated retailing kiosks...
The self-checkout stores, merchandised with a wholesome array of food, snacks and beverages, have made their debuts in the Los Angeles area at Ogilvy Public Relations and Oakwood Worldwide...
Crane Co. said that with this approval, it intends to close the acquisition of MEI during the week of Dec. 9. The $804 million purchase price for MEI will be financed through a combination of cash on hand and additional debt [press release]
I was asked by a client to evaluate the possibility of purchasing a competitor in his geographical area. The seller had 110 active accounts, doing approximately $300,000 yearly and working out of his garage. The seller was asking $175,000. After doing my analysis, I was of the strong opinion that my client should... STOP! Before I tell you what I suggested, you decide what you would do with the following information.... by Len Rashkin
There is a good joke in the Tampa Bay area regarding our NFL team, and in particular, bad players on it. It goes, "What is (insert player name), worth to the team?" Answer, "About a Buccaneer." Though a buck an ear may be a high value to place on some players, for a salesperson, or anyone in contact with clients for that matter, ears are your most valuable asset... by Kevin Daw
Joe, a longtime reader of my column, called me for a second opinion. He and his wife Mary were planning a three-week trip to Europe. His concern: Make sure his potential estate tax liability was covered in case of a fatal mishap on the trip... by Irv Blackman
Last month I mentioned that one of my favorite shows is "The Profit." The CNBC program follows entrepreneur Marcus Lemonis as he considers investing in struggling small-business operations when he sees an opportunity to turn them around. He focuses on three key areas (the "3 Ps") when considering a business investment. This month, we will discuss process and product... by Kevin Daw
Should operators consider branding their companies? Before dismissing the idea, you should realize the very nature of branding has changed over the past few years... by Hank Schlesinger
Most technologies progress through spurts of innovation followed by lulls for assimilation. During the lulls, people who use the new generation of products begin with the features that resemble those of the previous generation -- their processes are set up for those features -- and then begin to explore the possibilities made possible by the new functions. During these periods, there may not be much novelty on display at trade shows, but there is a lot going on... by Tim Sanford
It's time to stop describing some wholesome foods as "healthier" than others. Studies of the benefit or harm of various food components usually arrive at different conclusions. We should not allow the enemies of food choice to define the terms of the argument...... by Alicia Lavay