Original article published on Retail News Asia The deployment of smart vending technologies will surge in the Asia-Pacific as high-tech unmanned retail continues to attract major investment. The demand for technology-driven frictionless retail experiences, combined with cheap production costs and limited data privacy barriers, is driving rapid adoption in China, Japan, and South Korea, leaving the rest of the world … Read More
Smart Vending to Surge in Asia-Pacific with 1 Million Automated Retail Units Seen by 2023
Article originally published on NewsBytes Philippines The deployment of smart vending technologies will surge in the Asia-Pacific as high-tech unmanned retail continues to attract major investment. The demand for technology-driven frictionless retail experiences, combined with cheap production costs and limited data privacy barriers, is driving rapid adoption in China, Japan, and South Korea, leaving the rest of the world behind. … Read More
Swyft Acquires Utique To Bolster Automated Retail Technology
Originally published on Vending Times by Emily Jed SAN FRANCISCO — Swyft Inc. has acquired Utique Inc., a high-tech U.S. automated retail technology company. The cash and equity transaction reportedly enables Swyft to deploy new technology into its platform and build a higher-end consumer presentation on its software and hardware platforms. “Utique is a synergistic technology company that further adds … Read More
Mobile pay, AI, biometrics bringing new muscle to automatic merchandising
Originally published on Retail Customer Experience by Elliot Maras Swyft, a provider of automated retail hardware and software, presented an 18-square-foot parcel pickup locker to meet the growing demand for omnichannel fulfillment solutions. The lockers serve as both pickup and dropoff points for customers. Swyft’s software-as-a-service solution allows retailers to bridge the inefficiencies of last-mile operations while improving customer convenience. … Read More
Smart Vending Machines Could Change E-commerce as We Know It
Article originally published on New York Post by Lisa Fickenscher Lowly vending machines that spit out candy, soda and smokes are so last century. New-fangled machines that sell down jackets and cell phones are on the verge of becoming vital cogs in the e-commerce, want-it-now revolution — serving as around-the-clock, around-town warehouse-like distribution points that make the last mile to … Read More
Swyft Creates Sophisticated Vending Machines
Article originally published on SF Chronicle by Trisha Thadani In a world that is quickly replacing in-person retail with online shopping, Gower Smith says he has a cheaper and less space-consuming way to keep it alive. His company, Swyft, creates sophisticated vending machines that sell products from retailers like Best Buy, Nespresso and Uniqlo. These machines are located in places like … Read More
CVS’s Vending Machines Use The Swyft Store To Deliver Necessities In A Pinch
Original article published on Vending Times by Nick Montano WOONSOCKET, RI — CVS Pharmacy is piloting vending machines stocked with on-the-go necessities typically sold at its stores. The drugstore chain will unveil the first 25 machines in New England and New York State between now and the end of October. New York City’s LaGuardia Airport and Boston’s South Station Bus … Read More
NRF 2017 Most Innovative Retail Technologies
Original article published on CrownTV by Elena Lathrop Established: First store opened in 2015Headquarters: San Francisco, CA Swyft is bringing vending machine technology into the 21st century by making it fully automated, cloud-based and scalable. They provide both the hardware (the vending machine itself) and software components. The software allows the user to control their vending machines in real-time, using timely data to make smart … Read More