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Lightspeed POS Continues Global Expansion with Acquisition of Vend

Retail TouchPoints

Lightspeed POS , a provider of cloud-based, omnichannel commerce platforms, will acquire cloud-based retail management software company Vend for approximately $350 million. Vend generated revenue of approximately $34 million and gross transaction value of more than $7 billion in the trailing twelve-month period ending December 31st, 2020.

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COVID-19 Test Kit Manufacturer Debuts NYC Flagship Store, Plans Vending Machine Rollout

Retail TouchPoints

Located in Herald Square, the two-story, 9,000-square-foot store showcases the company’s new line of take-home COVID-19 test kits and proprietary vending machines. Wellness4Humanity’s vending machines offer COVID-19 home test kits and dispense FDA Emergency Use Authorization (E.U.A.)-authorized markets, according to a release.

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Next-gen vending machines: 5 reasons intelligent vending is trending in ecommerce

GetElastic

Intelligent vending machines are popping up everywhere consumers are found — from airports to school campuses, business parks, subways, arenas, bars and festivals. The global intelligent vending market is projected to grow 17% over the next 4 years (Technavio) to $12.45 billion, with 40% of this growth coming from the Americas.

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Next-gen vending machines: 5 reasons intelligent vending is trending in ecommerce

GetElastic

Next-gen vending machines: 5 reasons intelligent vending is trending in ecommerce. Intelligent vending machines are popping up everywhere consumers are found -- from airports to school campuses, business parks, subways, arenas, bars and festivals. How can smart vending machines amplify your omnichannel commerce strategies?

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Ulta to Pilot In-Store Sampling and Advertising Tech

Retail TouchPoints

Ulta Beauty is testing new smart vending tech from SOS that will expand the beauty retailer’s in-store sampling program and add in-store advertising capabilities to its retail media offerings for the first time. SOS Co-founders showcase the smart vending capability at Ulta.

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Contactless Vending Machines Offer Physical Distribution Outlets for Local Brands

Retail TouchPoints

The PopShop Local program, from smart vending and kiosk solutions provider PopCom , allows small businesses to sell their products via PopShop smart vending machines that measure customer engagement and also display ads. The machines are designed for placement in the common areas of participating hotels across the U.S.

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Missfresh Makes Sure Olympics Support Staff Never Goes Hungry with 24/7 Grocery Delivery

Retail TouchPoints

Chinese online fresh grocer Missfresh has launched special express delivery service and smart vending machines to help feed volunteers, logistics and support staff and security personnel at the 2022 Beijing Winter Olympics. Customers can scan a QR code or use facial recognition to collect their purchase and automatically complete payment.

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