Gourmet Coffee is the Fastest Growing Segment of Automated Retailing
CORONA, Calif., June 12, 2012 /PRNewswire/ -- AVT, Inc. (AVTC.PK) (OTC Markets: AVTC) (www.autoretail.com), a technology leader in developing automated retailing systems, customized kiosks and micro-stores, announced that they were positively profiled in a lengthy analysis of the automated retailing industry by Morgan Research Group.
"The retail industry is full of prognosticators and speculators claiming to know the future of the industry. But one prophecy that many of those fortune-tellers have in common is the undeniable influence that technology will have on both the consumer and the retailer. And much of that technology will revolve around automation," according to the report.
"Automated retail exhibits strong viability because it gives retailers, who are operating on razor-thin margins, an opportunity to take under-utilized space in the store and turn it into a profit center," according to the report. "Customers love automated retail, too," the report noted, because they are time-starved, they don't have a lot of time on their hands, and they're looking for easy solutions within arm's reach.
"One of the fastest growing segments in automated retailing is in the coffee sector. "AVT has entered this arena with gusto," the report stated.
"Fast growing AVT has placed hundreds of their popular Marley Coffee Automated Stores placed throughout the nation, and plans to deploy over 1,000 this year - with strong presence in key metropolitan markets," the report noted.
"Marley Coffee Automated Stores represent our fastest growing system in years," according to James Winsor, CEO of AVT. "The popularity has been unprecedented. We have hundreds of machines on order and the units already in operation are performing above expectations."
"AVT's relationship with Marley Coffee is one of the keys to the success of this system," according to the report. "Marley Coffee is one of the fastest growing brands in America, with the power of the Marley name behind it which is widely recognized worldwide. The coffee also features a gourmet flavor, and is organically grown attracting more heath conscience buyers."
The report also quoted the recently published "Cisco Customer Experience Report," which analyzed the impact of automation on retailing. Their findings concluded that the majority of consumers (52 percent) prefer self-checkout kiosks in order to avoid waiting in line to make a purchase. Furthermore, 61 percent of consumers would be willing to shop in a completely automated store with vending machines and kiosk stations offering virtual customer service. "Forty-two percent would actually prefer to shop in these kinds of environments."
To view the report, visit: http://www.morganresearchgroup.com/#!news-and-views/c1kcf
For more information on AVT, visit the website at: www.autoretail.com, or call 800-240-5175,
For more information on Marley Coffee Stores, visit: www.marleycoffeestores.com
About AVT, Inc:
AVT is a leading developer of customized automated retailing systems, Micro-Stores, and self-service solutions. Divisions include design, manufacturing, software engineering, leasing, media, and technology licensing. AVT is able to work with any size company to design a custom automated retailing solution that drives traffic, increases sales, improves security, and lowers overhead. AVT is uniquely qualified to take projects from concept to completion with speed, economy and ingenuity. For more information, visit: www.Autoretail.com
AVT's stock is traded through the OTC Markets, Ticker Symbol: AVTC
SOURCE AVT, Inc.