A2Z Cust2Mate Launches Its Smart Carts at Additional Retailer in France - Monoprix
A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ) has announced the deployment of its new generation Cust2Mate 3.0 smart shopping carts at a MONOP PORTE MAILLOT store in Paris, France. This launch is part of a framework agreement with IR2S to deploy 30,000 smart carts through 2026 across French retail chains. The smart carts feature an all-in-one clip-on panel with AI technology, self-scanning, and in-cart payments for a convenient 'pick and go' experience.
The Cust2Mate 3.0 carts enable a 'connected store' concept, combining online and physical shopping experiences. They offer exclusive promotions and personalized product recommendations, aiming to enhance convenience, redefine shopping experiences, and streamline checkout processes. This innovation is expected to improve shopper satisfaction, increase basket size, and reduce shrinkage for retailers.
A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ) ha annunciato il lancio dei suoi carrelli intelligenti Cust2Mate 3.0 di nuova generazione presso un negozio MONOP PORTE MAILLOT a Parigi, Francia. Questo lancio fa parte di un accordo quadro con IR2S per distribuire 30.000 carrelli intelligenti entro il 2026 attraverso le catene di vendita al dettaglio francesi. I carrelli intelligenti sono dotati di un pannello clip-on all-in-one con tecnologia AI, scansione automatica e pagamenti in-carrello per un'esperienza 'pick and go' conveniente.
I carrelli Cust2Mate 3.0 abilitano un concetto di 'negozio connesso', combinando esperienze di acquisto online e fisico. Offrono promozioni esclusive e raccomandazioni di prodotti personalizzati, con l'obiettivo di migliorare la comodità, ridefinire le esperienze di acquisto e semplificare i processi di checkout. Questa innovazione dovrebbe migliorare la soddisfazione dei clienti, aumentare la dimensione del carrello e ridurre le perdite per i rivenditori.
A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ) ha anunciado el lanzamiento de sus carritos de compra inteligentes Cust2Mate 3.0 de nueva generación en una tienda MONOP PORTE MAILLOT en París, Francia. Este lanzamiento es parte de un acuerdo marco con IR2S para desplegar 30,000 carritos inteligentes hasta 2026 en las cadenas minoristas francesas. Los carritos inteligentes cuentan con un panel todo en uno acoplable con tecnología de IA, autoscaneo y pagos en el carrito para una experiencia de 'pick and go' conveniente.
Los carritos Cust2Mate 3.0 permiten un concepto de 'tienda conectada', combinando experiencias de compra online y físicas. Ofrecen promociones exclusivas y recomendaciones de productos personalizadas, con el objetivo de mejorar la comodidad, redefinir las experiencias de compra y agilizar los procesos de pago. Se espera que esta innovación mejore la satisfacción del comprador, aumente el tamaño del carrito y reduzca la merma para los minoristas.
A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ)는 프랑스 파리의 MONOP PORTE MAILLOT 매장에서 차세대 Cust2Mate 3.0 스마트 쇼핑 카트를 배포한다고 발표했습니다. 이번 출시는 2026년까지 프랑스 소매 체인에서 30,000개의 스마트 카트를 배포하기 위한 IR2S와의 프레임워크 계약의 일환입니다. 스마트 카트는 AI 기술, 자체 스캔 및 카트 내 결제 기능이 포함된 올인원 클립 온 패널을 특징으로 하여 편리한 '픽 앤 고' 경험을 제공합니다.
Cust2Mate 3.0 카트는 온라인과 오프라인 쇼핑 경험을 결합하여 '연결된 상점' 개념을 가능하게 합니다. 이 카트는 독점 프로모션 및 개인화된 제품 추천을 제공하여 편리함을 향상시키고, 쇼핑 경험을 재정의하며, 체크아웃 프로세스를 간소화하는 것을 목표로 합니다. 이 혁신은 쇼핑객 만족도를 개선하고, 장바구니 크기를 늘리며, 소매업체의 손실을 줄이는 데 기여할 것으로 예상됩니다.
A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ) a annoncé le déploiement de ses caddies intelligents Cust2Mate 3.0 de nouvelle génération dans un magasin MONOP PORTE MAILLOT à Paris, France. Ce lancement fait partie d'un accord-cadre avec IR2S pour déployer 30 000 caddies intelligents d'ici 2026 au sein des chaînes de distribution françaises. Les caddies intelligents disposent d'un panneau clip-on tout-en-un avec technologie AI, auto-scanning et paiements en-caddie pour une expérience 'pick and go' pratique.
Les caddies Cust2Mate 3.0 permettent un concept de 'magasin connecté', alliant expériences d'achat en ligne et physiques. Ils offrent des promotions exclusives et des recommandations de produits personnalisées, visant à améliorer la commodité, redéfinir les expériences d'achat et simplifier les processus de passage en caisse. Cette innovation est censée améliorer la satisfaction des acheteurs, augmenter la taille du panier et réduire les pertes pour les détaillants.
A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ) hat die Einführung ihrer neuen Generation von Cust2Mate 3.0 Smart Einkaufswagen in einem MONOP PORTE MAILLOT Geschäft in Paris, Frankreich, angekündigt. Dieser Start ist Teil eines Rahmenvertrags mit IR2S zur Bereitstellung von 30.000 smarten Einkaufswagen bis 2026 in französischen Einzelhandelsketten. Die smarten Warenkörbe verfügen über ein All-in-One Clip-On-Panel mit KI-Technologie, Selbstscannen und In-Wagen-Zahlungen, um ein bequemes 'Pick and Go'-Erlebnis zu bieten.
Die Cust2Mate 3.0-Wagen ermöglichen ein Konzept des 'verbundenen Stores', das Online- und physische Einkaufserlebnisse kombiniert. Sie bieten exklusive Angebote und personalisierte Produktempfehlungen, mit dem Ziel, die Bequemlichkeit zu verbessern, Einkaufserlebnisse neu zu definieren und die Checkout-Prozesse zu optimieren. Es wird erwartet, dass diese Innovation die Kundenzufriedenheit verbessert, die Einkaufsgröße erhöht und die Verluste für Einzelhändler reduziert.
- Deployment of new generation Cust2Mate 3.0 smart shopping carts in France
- Framework agreement to deploy 30,000 smart carts through 2026
- Advanced features including AI technology, self-scanning, and in-cart payments
- Potential to increase basket size and reduce shrinkage for retailers
- None.
Insights
The launch of A2Z Cust2Mate's smart carts in a Monoprix franchise store in Paris marks a significant expansion in the French retail market. This deployment, part of a larger agreement to roll out
However, investors should consider the execution risks associated with large-scale deployments and the potential for technological hiccups. The success of this rollout could determine A2Z's ability to secure future contracts and expand into other European markets. While the news is positive, the financial impact remains to be seen, as revenue recognition and profitability will depend on the pace of deployment and customer adoption rates.
A2Z Cust2Mate's 3.0 smart shopping carts represent a leap forward in retail technology. The all-in-one clip-on panel with AI, self-scanning and in-cart payment capabilities addresses key pain points in the shopping experience. The 'connected store' concept, blending online and physical shopping, is particularly innovative. This could lead to increased customer engagement and potentially higher sales through personalized recommendations.
From a technical standpoint, the integration of these carts into existing store systems will be crucial. The scalability and reliability of the AI algorithms for product recognition and personalization will be key factors to watch. Additionally, the success of this technology hinges on its ability to seamlessly handle various payment methods and maintain robust security measures to protect customer data.
While the expansion into Monoprix is promising, investors should focus on the financial implications of A2Z's agreement with IR2S. The planned deployment of
A2Z's ability to improve retailers' bottom lines through increased basket sizes and reduced shrinkage could be a strong selling point, potentially leading to faster adoption and larger contracts. However, the company's profitability and cash flow will be critical as it scales up production and support services. Investors should look for updates on gross margins and the company's burn rate in upcoming financial reports to gauge the long-term viability of this expansion strategy.
In addition to the launch of its smart carts at Franprix, A2Z Cust2mate launches its smart carts in a Monoprix franchise store
TEL AVIV, ISRAEL / ACCESSWIRE / August 21, 2024 / A2Z Cust2Mate Solutions Corp. ("A2Z") ("Company"), (NASDAQ:AZ)($AZ)( FRA - WKN:A3CSQ), a global leader in innovative technology solutions, announced today the first deployment of its new generation Cust2Mate 3.0 smart shopping carts at a MONOP PORTE MAILLOT store in Paris, France.
The launch is part of a framework agreement with IR2S, a distinguished integrator of advanced retail technologies, to deploy 30,000 smart carts through 2026 across renowned retail chains in France. Please see press release dated Aug 6, 2024.
The A2Z Cust2Mate's innovative smart shopping carts that were deployed feature an all-in-one clip-on panel equipped with advanced AI technology, self-scanning, and in-cart payments for a convenient "pick and go" experience. The 3.0 carts enable the "connected store," combining online and physical shopping to offer exclusive promotions and personalized product recommendations as if shopping online. These carts enhance convenience, redefine the shopping experience, and streamline the checkout process, improving shopper satisfaction while increasing basket size and reducing shrinkage for retailers.
For more information about A2Z Cust2mate, please visit: www.a2zas.com.
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About A2Z Cust2Mate Solutions Corp.
A2Z Cust2Mate Solutions Corp. creates innovative solutions for complex challenges. A2Z's flagship product is the world's first proven-in-use mobile self-checkout shopping cart. With its user-friendly smart algorithm, touch screen, and other technologies, Cust2Mate streamlines the retail shopping experience by scanning purchased products and enabling in-cart payment so that customers can simply "pick & go", and bypass long cashier checkout lines. This results in a more efficient shopping experience for customers, less unused shelf-space and manpower requirements, and advanced command and control capabilities for store managers.
Forward Looking Statements
Matters discussed in this press release may contain forward-looking statements that are subject to substantial risks and uncertainties. Forward-looking statements contained in this press release may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will" "would," or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company's current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the Company's filings with the on SEDAR and with the Securities and Exchange Commission. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. Forward-looking statements contained in this announcement are made as of this date, and the company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Company Contact:
Gadi Graus, CEO
Gadi.g@a2zas.com
+972-3-3732328
Investor Contacts:
John Gildea, VP corporate communication
john@a2zas.com
+353-8-68238177
SOURCE: A2Z Cust2Mate Solutions Corp.
View the original press release on accesswire.com
FAQ
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