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Unmanned Store
An unmanned store is a retail concept in which there are no service personnel and cashierless store, no cashiers in the store. The transactions are handled through a mobile application. Unlike an automated convenience store, the unmanned store concept relies on smartphone-related technologies and artificial intelligence to remove the traditional features of a store. History First developments In 2012, the Cisco Internet Business Solutions Group published a paper on the unmanned store possibilities enabled by the recent rapid adoption of smartphones and tablets. In 2014, the company ShelfX developed the first version of unmanned stores. Customers could swipe their cards on their phones to pay in the store and go without checking out at the cashier. In February 2016, the first unmanned store of Sweden opened in Viken, Sweden, Viken. US-China race In December 2016, Amazon announced the launch of unmanned store "Amazon Go" and began research and development. Until January 22, 20 ...
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Cashierless Store
A cashierless store (also called a till-less store, checkout-free store or Just walk out store) is a store which allows customers to shop their products and leave without having to wait in line and pay at a checkout. Stores use a combination of technologies such as cameras, sensors, computer vision techniques, and deep learning to register which products someone picks up or puts back. Technology History 2016 In 2016, Amazon announced Amazon Go, a brick-and-mortar store featuring various technologies to eliminate the checkout. People require the Amazon app (formerly a specific Amazon Go app) to enter the store, shop for whatever they need, and exit to be billed afterwards through their account. 2018 The first Amazon Go store opened in 2018. 2019 In 2019, Sainsbury's opened the first cashierless store in the United Kingdom. However, it was closed a few months later. 2020 In July 2020 a Finnish company called Korttelikauppa opened a cashierless store in Kuninkaantammi, Helsinki. ...
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Automated Retail
Automated retail is the category of self-service, standalone kiosks that operate as fully automatic retail stores through the use of software integrations to replace the traditional retail services inside in a traditional retail store. These standalone kiosks are often located in heavily trafficked locations such as airports, malls, resorts and transit hubs. Consumers often browse and select products using a touchscreen interface that operates similar to an ecommerce website, pay for purchases using a credit or debit card, and then the product is dispensed through a system other than gravity fed drop systems, often via a robotic arm inside the kiosk. These software integrations, the consumer experience and the delivery mechanisms are what differentiate automated retail stores from vending machines. ZoomShops and Redbox are examples of companies that pursue an automated retail business model.
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Application Software
Application may refer to: Mathematics and computing * Application software, computer software designed to help the user to perform specific tasks ** Application layer, an abstraction layer that specifies protocols and interface methods used in a communications network * Function application, in mathematics and computer science Processes and documents * Application for employment, a form or forms that an individual seeking employment must fill out * College application, the process by which prospective students apply for entry into a college or university * Patent application, a document filed at a patent office to support the grant of a patent Other uses * Application (virtue), a characteristic encapsulated in diligence * Topical application A topical medication is a medication that is applied to a particular place on or in the body. Most often topical medication means application to body surfaces such as the skin or mucous membranes to treat ailments via a large range ...
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Seoul
Seoul (; ; ), officially known as the Seoul Special City, is the capital and largest metropolis of South Korea.Before 1972, Seoul was the ''de jure'' capital of the Democratic People's Republic of Korea (North Korea) as stated iArticle 103 of the 1948 constitution. According to the 2020 census, Seoul has a population of 9.9 million people, and forms the heart of the Seoul Capital Area with the surrounding Incheon metropolis and Gyeonggi province. Considered to be a global city and rated as an Alpha – City by Globalization and World Cities Research Network (GaWC), Seoul was the world's fourth largest metropolitan economy in 2014, following Tokyo, New York City and Los Angeles. Seoul was rated Asia's most livable city with the second highest quality of life globally by Arcadis in 2015, with a GDP per capita (PPP) of around $40,000. With major technology hubs centered in Gangnam and Digital Media City, the Seoul Capital Area is home to the headquarters of 15 ''Fortun ...
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Lotte World Tower
The Lotte World Tower () is a 123-story Megatall skyscraper located in Sincheon-dong, Songpa, Seoul, South Korea. It opened to the public on April 3, 2017, and is currently the tallest building in South Korea and the sixth tallest in the world. History After 13 years of planning and site preparation, the tower gained final approval to start construction by the government in November 2010 and the first groundbreaking activities of piling and frame assembly were observed at the construction site in March. On New Year Eve of 2016, the LED-pixels of the facade displayed the number "2016". On April 3, 2017, Lotte shot off fireworks to celebrate the tower's official opening. On January 1, 2018, Lotte shot off fireworks with a LED laser show for seven minutes to celebrate New Year's Day and the 2018 PyeongChang Winter Olympics. Design Height On March 17, 2016, before the final phase of external construction, the Diagrid lantern-shaped roof structure was completed. The roof stru ...
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Lawson (store)
is a convenience store franchise chain in Japan. The store originated in Cuyahoga Falls, Ohio, but exists today as a Japanese company. The company has its headquarters in East Tower of Gate City Ohsaki in Ōsaki, Shinagawa, Tokyo. History Origins in Ohio In 1939, dairy owner James "J.J." Lawson started a store at his Broad Boulevard dairy plant in Cuyahoga Falls, Ohio, to sell his milk.Dairy Mart Uncovers Piece of History
Originally published in Convenience Store News, 16 April 2002. Retrieved from AllBusiness.com, 19 December 2007.
The Lawson's Milk Company grew into a chain of stores, primarily in Ohio. Lawson was bought out by



WeChat
WeChat () is a Chinese instant messaging, social media, and mobile payment app developed by Tencent. First released in 2011, it became the world's largest standalone mobile app in 2018, with over 1 billion monthly active users. WeChat has been described as China's "app for everything" and a super-app because of its wide range of functions. WeChat provides text messaging, hold-to-talk voice messaging, broadcast (one-to-many) messaging, video conferencing, video games, sharing of photographs and videos and location sharing. User activity on WeChat is analyzed, tracked and shared with Chinese authorities upon request as part of the mass surveillance network in China. WeChat censors politically sensitive topics in China. Data transmitted by accounts registered outside China is surveilled, analyzed and used to build up censorship algorithms in China. In response to a border dispute between India and China, WeChat was banned in India in June 2020 along with several other Chine ...
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Hangzhou
Hangzhou ( or , ; , , Standard Mandarin pronunciation: ), also romanized as Hangchow, is the capital and most populous city of Zhejiang, China. It is located in the northwestern part of the province, sitting at the head of Hangzhou Bay, which separates Shanghai and Ningbo. Hangzhou grew to prominence as the southern terminus of the Grand Canal and has been one of China's most renowned and prosperous cities for much of the last millennium. It is a major economic and e-commerce hub within China, and the second biggest city in Yangtze Delta after Shanghai. Hangzhou is classified as a sub-provincial city and forms the core of the Hangzhou metropolitan area, the fourth-largest in China after Guangzhou-Shenzhen Pearl River agglomeration, Shanghai-Suzhou-Wuxi-Changzhou conurbation and Beijing. As of 2019, the Hangzhou metropolitan area was estimated to produce a gross metropolitan product ( nominal) of 3.2 trillion yuan ($486.53 billion), making it larger than the economy of Nigeri ...
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Automated Convenience Store
An automated convenience store is a convenience store that operates without a cashier, and instead relies on computers and robotics. Examples Robomart Robomart has created an autonomous grocery store on wheels that offers consumers the ability to pick their own groceries at home checkout-free. Shop24 Shop24 operates 170 automated convenience stores in nine European countries and 7 in the United States. An average store costs $90,000. SmartMart In 1986, after entrepreneur Mike Rivalto's wife came home irritated and frustrated due to the long checkout line in the convenience store, Rivalto conceived the SmartMart, an automated convenience store. After seven years of research and development, the concept was ready to become a reality when technology caught up to the idea in the mid-1990s. In 2003, the first proof of concept store was opened at a location in East Memphis. In 2011, after the store did more than 1.4 million transactions in eight years, it was replaced by SmartMart's l ...
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Taobao
Taobao () is a Chinese online shopping platform. It is headquartered in Hangzhou and is owned by Alibaba. According to Alexa rank, it is the eighth most-visited website globally in 2021. Taobao.com was registered on April 21, 2003 by Alibaba Cloud Computing (Beijing) Co., Ltd. Taobao Marketplace facilitates consumer-to-consumer retail by providing a platform for small businesses and individual entrepreneurs to open online stores that mainly cater to consumers in Chinese-speaking regions (Mainland China, Hong Kong, Macau and Taiwan) and abroad, which is made payable by online accounts. Its stores usually offer an express delivery service. Sellers are able to post goods for sale either through a fixed price or an auction. Auctions make up a small percentage of transactions, whereas the majority of the products are new merchandise sold at fixed prices. Taobao users usually read feedback and compare items from multiple shops. Taobao's popular payment platform is Alibaba's Alipa ...
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Brookfield Asset Management
Brookfield Asset Management Inc. is a Canadian multinational company that is one of the world's largest alternative investment management companies, with over US$725 billion of assets under management in 2022. It focuses on direct control investments in real estate, renewable power, infrastructure, credit and private equity. The company invests in distressed securities through Oaktree Capital, which it bought in 2019. Brookfield's headquarters are in Toronto. It also has corporate offices in New York City, London, São Paulo, Mumbai, Shanghai, Dubai, and Sydney. History The company was founded in 1899 as the São Paulo Tramway, Light and Power Company by William Mackenzie and Frederick Stark Pearson. It operated in the construction and management of electricity and transport infrastructure in Brazil. In 1904, the Rio de Janeiro Tramway, Light and Power Company was founded by Mackenzie's group. In 1912, Brazilian Traction, Light and Power Company was incorporated in ...
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