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Autonomous Retail Robots

Lowe's 'LoweBot' is an Automated Retail Service Tool

— February 17, 2017 — Tech
The 'LoweBot' is an automated retail service robot that is currently being used across select Lowe's home improvement retail stores in California.

The LoweBot is a NAVii robot from Fellow Robots, which offers a great amount of help to both customers and employees. For instance, the bot is able to answer basic questions, help shoppers navigate the store and locate products in multiple languages. LoweBot also offers real-time inventory monitoring technology, which helps management to assess patterns in the retail environment as they happen. In terms of the look of the robot, it stands tall and boasts the ability to move freely throughout the store's aisles.

As of the fall of 2016, the LoweBot is being tested across 11 Lowe’s Stores in the San Francisco Bay area.
Trend Themes
1. Autonomous Retail Robots - The adoption of autonomous retail robots like the LoweBot presents opportunities for increased customer assistance, streamlined inventory management, and improved store navigation.
Industry Implications
1. Retail Industry - The retail industry can leverage autonomous retail robots to enhance customer experience, optimize inventory management, and improve operational efficiency.
2. Robotic Industry - The robotic industry can capitalize on the growing demand for autonomous retail robots by developing advanced robotic technologies, improving human-robot interaction, and enhancing navigation capabilities.
3. Technology Industry - The technology industry can benefit from the adoption of autonomous retail robots by providing innovative software solutions, developing artificial intelligence algorithms, and integrating robotics with other IoT devices.
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