Equipmag's Paris Retail Week Focuses On Retail Innovation

By Laurent Grelu, Sales Account Manager, APG Cash Drawer

Cash management and retail innovation were among the hot topics during the Paris Retail Week 2016 show in mid-September. APG representatives attended the event, which drew more than 48,000 show-goers and about 1,000 companies.

While at the event, we had the opportunity to shake hands with other players in the retail and technology industries, and ask potential customers about their needs and how they plan to leverage technology to enhance the shopping experience.

Cash Management Interest

Cash management sparked a lot of interest among show-goers, as evidence of the number of people who stopped by our booth wanting to discuss our solutions. We noticed other cash management players, our partner Glory Global Solutions among them, also drew a lot of attention. Cash management companies in attendance included established brands as well as new entrants in this space.

The interest in the technology confirms what we at APG have known for the last few years – that retailers are looking for solutions to automate cash handling, accelerate transactions, minimize time spent on cash counts, and free up staff to focus on customer-facing activities. Retailers need these solutions because, contrary to the predictions we’ve all been hearing for years of a cashless society, cash isn’t going away any time soon.