Are there companies that are keen to operate unmanned retail stores or convenience stores in Singapore?
14 Aug 2018 - 14:53
Yes, unmanned retail stores have the potential in our market, and the following value propositions:
1. Increases revenue (24/7 operations);
2. Reduction in cost structure (lower manpower cost);
3. Improvement in productivity (leveraging on effective and efficient technology);
4. Scalability in business model (potential to be applied across geographies)
We term this new retail transformation the "frictionless experience".