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In the UK, Retail Week reports that Tesco is considering the development of a cashless store concept that would only accept electronic forms of payment. “The time spent by retailers handling cash is, frankly, embarrassing,” Tesco’s strategic IT development director, Philip Robbins-Jones, told the magazine.

The retailer has been doubling its self-checkout lanes, projecting that a million Tesco shoppers a week will use these lanes before the end of the year.
KC's View:
This is an intriguing concept. You’d have to imagine that it wouldn’t work in a lot of places…but in the right spot, with the right demographic, it’d be a hell of an experiment.