Tesco's QR Code Revolution, Tiptop Labs' BNPL Innovation, and MIT's RoboGrocery System

Retail Daily Minute

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Here are today's top headlines:

1. Tesco's QR Code Initiative: Tesco is partnering with GS1 to introduce scannable QR codes on product packaging, enhancing customer access to detailed product information and improving supply chain efficiency.
2. Tiptop Labs' BNPL with Trade-In Program: Tiptop Labs has launched a buy now, pay later (BNPL) program integrated with a trade-in option, allowing consumers to use the value of traded-in items towards new purchases, thus reducing upfront costs.
3. MIT's RoboGrocery System: MIT has developed RoboGrocery, a robotic system for automating grocery bagging. It combines computer vision and a soft robotic gripper to handle and pack grocery items efficiently, with potential applications beyond grocery stores.

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