Two Walmart stores remove self-checkout machines as retail giants re-think the self-service option | FOX Business

Two Walmart stores remove self-checkout machines as retail giants re-think the self-service option | FOX Business

Two Walmart stores remove self-checkout machines as retail giants re-think the self-service option | FOX Business

Retail giants like Walmart, Five Below, Target, and Dollar General are making strategic shifts in their self-checkout systems with a common goal: combating theft. Walmart, for instance, is removing self-checkout machines from select stores in Missouri and Ohio and replacing them with staffed lanes. Their decision stems from various factors, including feedback from customers and employees and local business needs. The aim is to enhance the in-store shopping experience by offering more personalized and efficient service.

Following suit, Five Below, with over 1,500 locations, is transitioning to associate-assisted checkout to curb theft, particularly in stores prone to “shrinkage,” industry jargon for lost or stolen items. CEO Joel Anderson announced this move during the company’s fourth-quarter earnings call, also mentioning the addition of receipt checking, extra staff, and heightened security measures.

Target, meanwhile, is limiting its self-checkout option to “express” lanes, allowing only small transactions. This shift reflects a broader retail landscape trend, as Neil Saunders of GlobalData explained. He notes that retailers are actively reevaluating self-checkout systems due to their vulnerability to theft, opting to reduce their presence or impose stricter regulations, as seen in Target’s case.

Dollar General is similarly scaling back on self-checkout, removing the option from 300 stores with the highest rates of merchandise loss. Additionally, they’re limiting self-checkout to transactions of five items or fewer while providing assisted checkout alternatives.

These adjustments underscore a significant trend in the retail sector: Businesses are reevaluating the balance between convenience and security in their checkout systems……….full-loaf-600x400-1-e1700879832480 Two Walmart stores remove self-checkout machines as retail giants re-think the self-service option | FOX Business[read more]

Rising Dough

Rising-Dough-e1700879911412 Two Walmart stores remove self-checkout machines as retail giants re-think the self-service option | FOX BusinessHow do strategic shifts in checkout systems, such as those seen in major retailers like Walmart and Target, reflect broader trends in consumer behavior and the retail industry?

*Click on the “Full Loaf” icon to read the full article! After you read the full article, let us know your thoughts.

0 0 votes
Article Rating
stone-street-coffee-logo Two Walmart stores remove self-checkout machines as retail giants re-think the self-service option | FOX Business ☕️ **Discover Stone Street Coffee Company – Your Coffee Haven!** Today’s Dough readers, if you’re on the hunt for exceptional coffee and cold brew, look no further than Stone Street Coffee Company. We at Today’s Dough are smitten with their rich coffee blends and refreshing Cold Brew. Stone Street’s commitment to quality shines through in every sip. Now, exclusively for our readers, click the banner above to snag a $5 off coupon on your next order. Experience the finest, ethically sourced beans roasted to perfection. Join the Stone Street community, savor top-notch coffee, and elevate your daily brew. ☕️🌟

Subscribe
Notify of
cbcf4b35850989e4aaf676458f6ef20f?s=56&d=mm&r=g Two Walmart stores remove self-checkout machines as retail giants re-think the self-service option | FOX Business

1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
616b6a256effebf2e7378a3ba9864f70?s=64&d=mm&r=g Two Walmart stores remove self-checkout machines as retail giants re-think the self-service option | FOX Business
Guest
Tatiana monsanto
23 days ago

This may affect other stores removing their self checkouts too or if they were thinking about it they will decide to no longer add it.

Share this content:

0 0 votes
Article Rating
stonestreetcoffee.com ☕️ **Discover Stone Street Coffee Company - Your Coffee Haven!** Today's Dough readers, if you're on the hunt for exceptional coffee and cold brew, look no further than Stone Street Coffee Company. We at Today's Dough are smitten with their rich coffee blends and refreshing Cold Brew. Stone Street's commitment to quality shines through in every sip. Now, exclusively for our readers, click the banner above to snag a $5 off coupon on your next order. Experience the finest, ethically sourced beans roasted to perfection. Join the Stone Street community, savor top-notch coffee, and elevate your daily brew. ☕️🌟

Subscribe
Notify of
guest

1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Tatiana monsanto
Guest
Tatiana monsanto
23 days ago

This may affect other stores removing their self checkouts too or if they were thinking about it they will decide to no longer add it.

1
0
Would love your thoughts, please comment.x
()
x
×