Innovative Technology looks back on EuroShop Retail Trade Fair

EuroShop drew to a close in Düsseldorf last week with a large number of international exhibitors and visitors discussing the key topics for 2020 including retail emotionalization and digitalization.

The Retail Trade Fair takes place every three years and provides Innovative Technology (ITL) with a targeted and qualified audience.

"This show is on a much larger scale compared to EuroCIS and therefore attracted a higher number of visitors to the booth over the five days," said Thorsten Labusch, VP of Sales & Business Development RKB. "This year it was also fantastic to see so many of our customers in the Technology Halls with ITL products on their stands; one product especially stood out - the SMART Coin System (SCS)." 

Thorsten continued, "Customers were impressed with the SCS and its ability to quickly validate, store and recycle mixed coins. This can help retailers eliminate coin starvation and significantly reduce collection costs. Visitors were keen to hear more about our Spectral Technology found in two of our key retail products – Spectral Payout and Spectral BNF. The Spectral Payout boats superior mixed note denomination recycling and the Spectral BNF has a large deposit capacity for bulk note feeding so is ideal for large scale safe deposit applications. Both incorporate Spectral Technology which has state of the art spectral sensors offering complete note image capture (highest spectral coverage) to authenticate the validity of notes and detect fraudulent, stained notes."

"Retailers were also very interested to hear more about how they can control underage purchases with ICU. This automated age verification device does not require pre-registration or human intervention and quickly and accurately predicts age to determine customers suitability to purchase. Digitalising this process offers many advantages to the retailer such as ensuring compliance to avoid unwanted fines and prosecutions, speeding up age approvals, drastically reducing queues, faster throughput, increased revenue and overall improved customer experience. We look forward to following up with all the enquiries of interest we received from the show and have already started to put plans in place for EuroCIS 2021," he concluded.

The next EuroShop will be held in Düsseldorf from 26 February to 2 March 2023.