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Robots in Retail: Delivering the Goods in 2022

by
Ritukar Vijay CEO at Ottonomy
August 8, 2022
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Robots in retail: Delivering the goods in 2022 - BY DAVID EDWARDS

Summary

Retailers and restaurants are increasingly leveraging customer-centric robots to curb labor costs and keep revenue pipelines flowing. The retail robotics revolution is just getting started. Read more in Robotics and Automation News.

Retailers are feeling the heat from rising labor costs, and are increasingly looking to automated solutions to keep worker costs down.

According to a February 28, 2022 story in The Wall Street Journal, US retailers spent 4 percent more cash on labor costs in the fourth quarter of 2021, compared to the same period in 2020.

Big box brands like Target, Costco, and Walmart are all raising wages above beyond the $15 minimum wage level to secure the staffing they need to stay competitive. For retailers, restaurants, and other consumer-facing businesses, the wage growth issue stems from a burgeoning problem – not enough workers.

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Ritukar Vijay CEO at Ottonomy
Ritukar Vijay CEO at Ottonomy

Ottonomy robots help navigate businesses with staffing shortages in retail and restaurant industries. Our fully autonomous robots can deliver food & beverages, groceries, and packages to curbside, last mile, and even indoor environments.

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