Tech News
← Home  ·  All topics

Electronic Shelf Labels

2 GoKawiil briefs on this topic

AI pricing tools spread across fast food and grocery chains amid McDonald's lawsuit

A federal antitrust lawsuit this week alleges McDonald's uses an AI-powered 'pricing engine' to set menu prices and overcharge customers, a claim the company denies. Meanwhile, retailers including Kroger, Amazon Fresh, Walmart, Whole Foods, Tesco, Morrisons and Asda are adopting AI tools such as electronic shelf labels and markdown apps like FlashFood, and Revolut has trialed facial recognition checkout in coffee shops.

Retailers Cut Back on Self-Checkout Investments Amid Rising Losses and Inefficiencies

A recent survey reveals that only 36% of retail operators plan to invest in self-checkout technology this year, a decline from previous years. Retailers are increasingly shifting away from self-checkout due to its failure to deliver time savings and its association with higher theft and error rates. Other technological upgrades, like electronic shelf labels and automated invoicing, remain more popular among retailers.