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Retail IT News: July in Review

Hello and welcome to July: in review

School’s out for summer, as are the eager shoppers. While most people are occupying themselves with the objective of staying cool, many retailers are working to maximize sales during the holiday period – implementing frictionless retail, maximizing up-time and introducing new payments methods such as cryptocurrency to meet the changing demands of consumer wallets. This is particularly true of the convenience fuel retail sector, servicing thousands of ‘gas-and-snack’ pit stops for customers as they embark on their vacation. There are still lingering issues that continue to keep retailers on their feet, however, such as fears surrounding the delta variant, the surge in ransomware attacks and the cost of downtime.

Get the latest updates with our July in review blog.

NCR signs definitive agreement to acquire cryptocurrency leader LibertyX

“Due to growing consumer demand, our customers require a complete digital currency solution, including the ability to buy and sell cryptocurrency, conduct cross-border remittance and accept digital currency payments across digital and physical channels,” said Tim Vanderham, Chief Technology Officer, NCR Corporation.

Massive ransomware attack hits firms in 17 countries

Sweden’s Coop supermarket was among the businesses affected by the attack disguised as a software update.

Can c-stores afford IT downtime?

As Covid-19 restrictions continue to ease and customers steadily return to in-store shopping with new found confidence, the importance of maintaining up-time in stores cannot be underestimated.

Albertsons adds Uber delivery to 1,200 stores

Albertsons has added Uber's grocery delivery service to around 1,200 stores under several of its banners.

Morrisons to launch unmanned store

The supermarket will let customers bag items, then leave without checking out.

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