HP is reinventing the retail space with its new HP elitePOS product. HP's General Manager and Vice President of Retail Aaron Weiss explains how this technology can transform the retail industry.
"Digital is not new but it is accelerating," says Weiss. "The expectations of consumers as shoppers is changing." Now, consumers are expecting a lot more from their brick-and-mortar experience explains Weiss.
HP is featuring its elitePOS at the 2018 National Retail Federation conference. Weiss says this is a complete rethinking of a traditional point-of-sale device. "Security is critical to our retailers, and is going to grow in importance," says Weiss.
Volkswagen U.S. CEO Pablo Di Si joined Cheddar New to discuss record quarterly electric vehicle sales and his reaction to Tesla trimming prices on some vehicles by 20% last week. “We'll continue with our pricing strategy, we're not cutting prices on the vehicle's quality over quantity and product content,” he said.
Microsoft is cutting 10,000 workers, almost 5% of its workforce, in response to what it described as “macroeconomic conditions and changing customer priorities.”
