Today's top stories about the self service industry, vending, kiosks, automated retailing and more.
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New self-service systems offer innovation, convenience, and provide useful features that accomplish the single most important goal in retailing:
Getting more customers into the store.
Mall stores face the challenge of getting the tens of thousands of mall visitors to cross the threshold and enter their space. Stand alone stores have an even bigger challenge as they need to convince people to get in their car and drive to their location.
If you are a retailer, your biggest challenge is getting people into your store. You may spend lots of money getting potential customers to enter your doors. Retail chains, jewelry stores, and any store in a mall faces this battle on a daily basis.
William Toler has been named president and chief executive of Hostess Brands. He previously served as chief executive of Cincinnati-based AdvancePierre Foods and president of Pinnacle Foods. Toler succeeds longtime Hostess executive Rich Seban, who most recently served as its president and chief operating officer. Seban has been appointed Hostess Brand's vice-chairman. The company, formerly Hostess Brands Inc., announced in 2012 that it would shut down its business and sell its brands and factories in a bankruptcy liquidation. In 2013, a bankruptcy judge granted Hostess permission to sell most of its snack cake brands to C. Dean Metropoulos's private-equity firm, Metropoulos & Co., and Apollo Global Management.
Metropoulos, formerly the chief executive of the new Hostess Brands, remains chairman of the company.