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Technology Revolution: The Future of Now

Grocery Expiration Date: Automate or Die?

Technology Revolution: The Future of Now

Bonnie D Graham

News, Business News, Technology

4.9112 Ratings

🗓️ 18 September 2019

⏱️ 55 minutes

🧾️ Download transcript

Summary

Here’s today’s Buzz: In a Kantar Retail study, only 2% of US food and alcohol sales are made online. 84% of respondents in a 2017 Morgan Stanley study prefer to grocery shop in person. But change is coming to grocery! Supermarket chain Kroger plans to partner with Nuro on a driverless food delivery service. The futuristic grocery, kickstarted in 2016 by Amazon Go, offers a connected grocery store with no checkouts using deep learning, computer vision, and sensor fusion. Microsoft and Kroger announced data-driven connected grocery stores in Ohio and Washington. At Food Lion, Marty the Robot clean-sweeps the store a dozen times daily, scans shelves for out-of-stocks and ensures shelf pricing is aligned with front-end registers. We’ll ask four experts if legacy grocery stores have an expiration date: Bill Bishop, Brick Meets Click; John Lert, Alert Innovation; Scott DeGraeve, Locai Solutions; Will Treasure, Javelin Group. Please join us for Grocery Expiration Date: Automate or Die?

Transcript

Click on a timestamp to play from that location

0:00.0

Where does yesterday's future, which is already here, meet today's future, which is about to happen?

0:09.7

And tomorrow's future, which could be just minutes away.

0:14.5

Welcome to Technology Revolution, the future of now.

0:19.6

Where host Bonnie D. Graham asks savvy futurists for their predictions about the tech-driven

0:25.6

trends that are shaping our future right now.

0:29.0

Here's your host who will take us into the future of now.

0:32.9

Bonnie D. Graham.

0:35.0

Welcome, welcome, welcome, welcome.

0:36.9

I am Bonnie in the house. Happy to be here on Technology

0:39.7

Revolution, and that was the voice of my co-producer, Ryan Treasurer, VP of Broadcast Operations at

0:45.0

World Talk Radio, the business channel on Voice America. Welcome. What a great show we have for you

0:49.5

today. Let me tell you what the buzz on the street is today. We're talking about food. We're

0:53.9

talking about groceries.

0:55.2

What is the future of groceries as we know them now as we think we know them and maybe as we imagine them?

1:01.8

Let me give you the buzz and a couple of industry quotes and then I will ask my four esteemed panelists to introduce themselves.

1:08.3

So here's today's buzz.

1:09.7

A 2017 Cantar retail study showed that only 2% of U.S. food and alcohol sales are made online.

1:17.3

Those of you who do a lot of online shopping, you may think it's more, it's not.

1:21.1

84% of respondents in a 2017 Morgan Stanley study said they preferred a grocery shop in person to see and choose the food they

1:30.3

buy. That's right. We want to touch it. We want to smell it. We want to look at it. We want to

1:33.7

handle the packaging. Here's a quote from 360.here.com. If retailers want to transform the way people

1:40.3

purchase food, they need to use technology in a way that meets their business goals

...

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