Automated Retailing Named Hottest Sector in Bloomberg's "Next Big Thing Summit"
AVT well-positioned to secure significant market share in this exploding industry
Sep 16, 2013, 08:50 ET
CORONA, Calif., Sept. 16, 2013 /PRNewswire/ -- AVT, Inc. (OTC Markets: AVTC) (www.autoretail.com), a leader in automated retailing systems, self-service stores and kiosks, stated that their technology was prominently featured in the "Bloomberg Next Big Thing Summit."
This world-famous conference brought top technology executives, investors and innovators together on June 17 and 18 in Half Moon Bay, California. Journalists from Bloomberg News, Bloomberg Businessweek and Bloomberg West hosted interviews and debates that explored the new frontiers of tech and revealed what's coming next in business.
In a conference titled, "Reimagining Retail & The New Empowered Consumer," experts stated that self-service kiosks and automated systems are the wave of the future, and will augment, if not replace, large box stores.
Southern California is on the frontline of this retail shake-up, with companies like AVT testing new products and services, and leading the way in developing new automated technologies and retailing solutions.
"We are on the cutting edge of the retailing industry," said James Winsor, CEO of AVT, Inc. "From providing retailers with new methods of expanding distribution and growing sales, to developing new mobile payment systems that make shopping at our automated stores even easier, we are empowering consumers while helping our clients move into the future of retailing."
"With the shopper in control, it puts more pressure on every type of retailer to be more relevant," said Gwen Morrison, co-CEO of The Store, the retail arm of the Chicago-based marketing agency WPP.
AVT, which started as a vending route company, has become one of the nation's leading developers of technology-infused automated retailing systems. The company offers units that sell gourmet coffee, beauty products, electronics, swimwear, cosmetics, propane, sunglasses, healthcare items, and even prescription medicine - all through self-service kiosks.
Retailers, business owners, and entrepreneurs seeking more information on how AVT's automated retailing systems can help their business grow should contact AVT's corporate offices at (877) 424-3663, or visit the website at: www.autoretail.com.
AVT, Inc. is a leading developer of automated and self-service retailing systems. AVT designs automated retailing solutions that drive traffic, increase sales, improve security, and lower overhead. With an award-winning team of software developers, mechanical engineers, designers and on-site manufacturing, AVT can take projects from concept to completion with speed and value.
AVT's stock is traded through the OTC Markets, Ticker Symbol: AVTC
SOURCE AVT, Inc.
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