The world of retail is being turned upside down with consumers and investors alike preferring “human-less” transactions, interactive retail services and multiple payment options. It’s no secret that traditional retail brands are doubling down on their investment into autonomous robotics in the name of competitiveness and bottom-line profitability.
Companies highlighted in this commentary are positioned to benefit from this disruption, include:
- Generation Next Franchise Brands, Inc. (OTC: VEND);
- Bank of America (NYSE: BAC);
- Wendy’s (NASDAQ: WEN);
- JD.com, Inc. (NASDAQ: JD); and
- McDonald’s Corp (NYSE: MCD).
Millennials, in particular, prefer to avoid any human interaction at all during the shopping or the delivery process. This tech-savvy generation places a premium on time, convenience, and customization, favoring machine automation over human interaction. [Read more…] about Doing without humans: How transactions are evolving in an automated world