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Saturday, January 04, 2020

Singapore Cashierless Convenience Stores

More experience with cashierless models.

Singapore's Unmanned Convenience Stores Learn from China's Failures
Nikkei Asian Review
By Dylan Loh

Unmanned stores are appealing to retailers in Singapore, where workers are in short supply and labor costs are rising. Governmental support for unmanned stores has helped spur automated retail in Singapore; government agencies such as Enterprise Singapore can contribute up to 70% of the technology costs required to launch an unmanned store. Singapore's unmanned retailers are being careful not to repeat the mistakes that led to the failure of unmanned stores in other markets. For example, a recent boom in unmanned stores in China ended almost as quickly as it started, as stores struggled to move fresh groceries. Full-scale automated retail stores worldwide will grow from fewer than 500 this year to more than 44,000 by 2023, according to ABI Research.  .... " 

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