5 Stories from The Retail Technology

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Retail Technology Innovation Hub (RTIH), a leading newswire and a hub of information, connects retail technology enthusiasts on their social community platform. Their digest enlightens professionals and enthusiasts alike. With their sociable stories, they spread awareness about what is happening in the world of retail technology.

10 Startups to Watch Out for in 2020

In one of their recent stories, they have added a few names of startups that are promising to blossom in the upcoming years, with 2020 being the year when every eye will be on them.

The previous list consisted of the names of companies like ‘Karakuri, a UK-based robotics company that promises to transform the ready-to-eat market. ‘Lolli’, which has joined hands with big names like Nike, and will enable shoppers to receive bitcoins as a reward. ‘Threekit’ would allow enterprises to create software-based photorealistic visuals and 3D views without needing a photographer. ‘Shoenvious’, which will take envy out of every woman by enabling them to customize and design their footwear. And lastly, ‘Anchor Shops’ allowing enterprises to have a retail infrastructure, complete e-commerce, and logistics solution all in one package.

Another five names added to this list of promising startups of 2020 are:

  • AiFi, a Silicon Valley-based convenience store that will be the first-ever autonomous gas station of its kind.
  • Breez, sparing no effort to establish the Lightning economy and Bitcoin.
  • Bulldog Kiosks, making the diversifying marketplace suitable for everyone with self-service desktops and free-standing kiosks.
  • Ladingo, revolutionizing delivery and shipping of bulky items with minimum cost and low hassle.
  • And last but definitely not the least, the RTIH Innovation Award winner as the Startup of the Year, Starship Technologies—an autonomous robot delivery company.

Wake up and Grab a Cup of Coffee Knowledge

At the global stage of innovation i.e., CES 2020, IBM and Farmer Connect managed to have a substantial impact on everyone with their blockchain-based application. This application will enable consumers to know everything about the coffee beans they procure.

The Magnificent Seven of RTIH

Innovation drives the world, and in the first-ever RTIH Innovation Awards, the driving forces in the retail industry were awarded for their contribution towards retail technology innovation. Several retailers and tech ventures participated, out of which seven of them got awards in seven different categories.

Out-of-the-Home Advertising

After Ireland and France, UK is set to witness 223 full-motion digital ads of Clear Channel at the Hammerson’s in 57 malls around 12 different destinations, including Cabot Circus, Grand Central, and Bullring.

Dispatched in 30 Minutes

Towards the end of 2020, Co-op’s home delivery services, which are now available in only two cities, London & Manchester, will expand to 100 major towns and cities. Brighton, Bournemouth, and Southampton will be included by January 2020. The co-op will extend its partnership with Deliveroo to provide grocery under 30 minutes and stretch its 250 stores to 650 by the end of 2020.