This is a preview of The In-Store Checkout Report from Business Insider Intelligence. 14-Day Risk Free Trial: Get full access to this and all E-Commerce industry research reports.
Although there are only a handful of autonomous checkout stores today, the technology has seismic repercussions for in-store retail. These stores, which allow consumers to walk in, grab what they want, and exit without physically checking out, are setting a new standard for convenience in the in-store shopping experience.
Much like card payments improved the experience of fumbling for cash and waiting for change, a checkout-free experience will consistently reduce time and effort: Consumers will be able to pay automatically after identifying themselves via a profile with a preselected payment method.
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See Also:
- How the coronavirus pandemic could lift gift card sales
- Online Grocery Shopping Report 2020: Market stats and delivery trends for ecommerce groceries
- US retail sales to a record-setting nosedive in March due to the coronavirus pandemic
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