Automated retail is a burgeoning space, with sales growth via many unattended retail devices significantly increasing. However, the industry faces challenges from old machines that haven’t been updated and the deployment of EMV-enabled cards/methods in the U.S. And in coffee retail, Starbucks is amplifying its brand with the Global Coffee Alliance and a new Starbucks Reserve Roastery location. All this, Today in Data.
Data:
539: The number of net new stores Starbucks opened in Q1.
110 percent: Maximum sales growth of unattended retail units bringing in less than $2K a year.
100: Approximate number of kiosks Amazon aimed to deploy in India by the end of 2019.
79 cents: Starbucks’ adjusted earnings per share for Q1 FY 2020.
$7.1B: Starbucks’ revenue for Q1 FY 2020.
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