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Astra Tech Launches AI Store Using Facial Recognition for Payment Astra Tech has unveiled its first autonomous shopping store, B Store, in Abu Dhabi’s Sky Tower. This innovative brick-and-mortar location operates exclusively using advanced artificial intelligence (AI), setting a new benchmark in the retail experience in the UAE. B Store offers a seamless and fully automated shopping journey, allowing customers to pay for their purchases using facial recognition technology. This cutting-edge approach simplifies the shopping process, making it faster and more convenient. Shoppers can simply look at the FacePay machine to complete their transactions. Here's how the technology works at B Store: 1️⃣ Simple Entry: Customers tap their card or use the FacePay feature at the entry gates. 2️⃣ Effortless Shopping: Shoppers can browse and pick up their desired items smoothly. 3️⃣ Seamless Exit: Upon leaving, customers receive a text with their receipt details. The store also ensures grocery items with extended shelf life, enhancing customer convenience and satisfaction. This launch is part of Astra Tech's broader vision to simplify everyday life through AI-powered solutions. Additionally, Astra Tech has acquired Botim, a leading VoIP solution in the MENA region, with plans to relaunch it as an ‘ultra app.’ Supported by a $500 million fundraising effort led by Abu Dhabi’s G42, this acquisition aims to build the region’s first ultra app, leveraging Botim's 90 million registered users and 25 million active users. #Innovation #RetailTech #ArtificialIntelligence #FacialRecognition #AutonomousStore #AstraTech #BStore #AbuDhabi #TechNews #FutureOfShopping #UltraApp

Tech innovation is reshaping how we shop, and what’s next could be influenced by what’s just behind us. So, what happened last quarter? For starters, with tighter self-checkout regulations, smart carts and cashier-less tech are on the rise, while retail robots enhance efficiency. GenAI is transforming the shopping experience, powering chatbots and creating immersive product views. For all the important details, data, and our expert analysis, read our quarterly report on retail tech for free! https://lnkd.in/gksAKkQa

𝐑𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐢𝐳𝐢𝐧𝐠 𝐑𝐞𝐭𝐚𝐢𝐥 𝐰𝐢𝐭𝐡 𝐉𝐢𝐟𝐟𝐢 - 𝐒𝐢𝐦𝐩𝐥𝐢𝐟𝐲𝐢𝐧𝐠 𝐂𝐡𝐞𝐜𝐤𝐨𝐮𝐭𝐬, 𝐀𝐦𝐩𝐥𝐢𝐟𝐲𝐢𝐧𝐠 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲 In today’s fast-paced world, customer expectations are evolving, and convenience is key. That's where Jiffi steps in. We’re at the forefront of unmanned retail solutions, enabling seamless checkouts that not only enhance customer experiences but also streamline operations for retailers. 𝐖𝐡𝐚𝐭 𝐖𝐞 𝐎𝐟𝐟𝐞𝐫: Unmanned Checkout Solutions: Fast, hassle-free, and efficient checkouts that minimize queues and enhance customer satisfaction. AI-Powered Insights: Leverage the power of AI to understand customer behavior and optimize in-store operations. Contactless Payments: Secure, seamless transactions that offer safety and ease for both customers and retailers. Scalable Technology: From dark stores to large-scale retail environments, our tech is built to scale with your business. 𝐖𝐡𝐞𝐫𝐞 𝐉𝐢𝐟𝐟𝐢 𝐂𝐚𝐧 𝐁𝐞 𝐈𝐦𝐩𝐥𝐞𝐦𝐞𝐧𝐭𝐞𝐝: Retail Stores: Offer customers 24x7 accessibility with fully automated, unmanned stores for non-stop service. Airports and Metro Stations: Fast-moving environments where time-saving and convenience are paramount. Corporate Campuses: Streamline convenience stores within offices with autonomous checkouts that maximize employee efficiency. College Campuses and Hostels: Catering to tech-savvy students with 24/7 unmanned stores for snacks, essentials, and more. Premium Hotels: Elevate guest experiences with quick, contactless checkouts in retail stores, gift shops, and lobby kiosks. 𝐖𝐡𝐲 𝐉𝐢𝐟𝐟𝐢? Proven Expertise: With deployments across our flagship store in Pune, we’re already serving live customers and delivering results. End-to-End Solutions: From sensor fusion to AI-driven computer vision, our technology covers every touchpoint of the checkout process. Increased Efficiency: With Jiffi’s unmanned solutions, you can reduce operational costs, speed up transactions, and increase overall throughput. As the retail industry transitions towards automation, Jiffi is ready to partner with you to take your operations to the next level. Whether you’re looking to streamline store checkouts or elevate customer experiences, we have the tools and technology to make it happen. Interested in learning more about how Jiffi can transform your business? Let’s connect! Together, we’ll redefine the future of retail. Amey Rithe Emmanuel Dsouza Chinmay R. 100watts.tech Ajay Aggarwal Bhavish Sood Shrikant Patil #RetailTech #AI #Automation #CustomerExperience #UnmannedCheckout #Jiffi #RetailInnovation #24x7Retail #Airports #CorporateCampuses #CollegeCampus #Hotels

🚀 𝗧𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝗥𝗲𝘁𝗮𝗶𝗹 𝗶𝘀 𝗔𝘂𝘁𝗼𝗻𝗼𝗺𝗼𝘂𝘀! 🚀 The development of smart shopping and autonomous stores globally has seen significant growth and innovation in recent years. We expect a CAGR of 31.8%, between 2024 to 2032, showcasing AI's incredible potential and transformative power in the retail sector. Here are some key insights: 🏪 𝗦𝘂𝗿𝗴𝗲 𝗶𝗻 𝗔𝘂𝘁𝗼𝗻𝗼𝗺𝗼𝘂𝘀 𝗦𝘁𝗼𝗿𝗲𝘀: By 2024, the number of autonomous stores is expected to reach 10,000, a significant increase from 350 in 2018 and approximately 7,250 in 2023. 💰 𝗠𝗮𝗿𝗸𝗲𝘁 𝗩𝗮𝗹𝘂𝗲: The global artificial intelligence in the retail market, underpinning the autonomous store trend, is forecasted to grow from $7.14 billion in 2023 to $55.53 billion by 2030. 📈 𝗔𝗰𝗿𝗼𝘀𝘀 𝗖𝗵𝗮𝗻𝗻𝗲𝗹𝘀: The market is gravitating towards formats that offer seamless, frictionless shopping experiences, and an omnichannel approach it's crucial to meet all customer demands. From a stronh online presence to the store next door open 24/7 and tailor-made deals, the sky is the limit. For a deeper dive into the future of AI in retail, check out the full article here: https://bit.ly/3VTQLDs #AutonomousStores #RetailInnovation #AIinRetail #SmartShopping #CustomerExperience #FutureOfRetail #DigitalTransformation #RetailTech

The future of retail is here, and it's autonomous! As consumer behaviors continue to evolve, so does the way we shop. With the rise of autonomous retail, we're paving the way for a seamless, efficient, and personalized shopping experience like never before. 🛍️💫 Here's why autonomous retail is taking the industry by storm: 1. Convenience: Say goodbye to long checkout lines! Our autonomous checkout solutions allow shoppers to simply grab and go, making the checkout process faster and more convenient than ever. 2. Efficiency: By automating repetitive tasks, such as scanning and payment processing, retailers can optimize their operations and allocate resources more efficiently, ultimately improving their bottom line. 3. Personalization: With advanced AI algorithms, our technology can analyze shopping patterns and preferences to deliver personalized recommendations, enhancing the overall shopping experience for customers. 4. Safety: In a post-pandemic world, safety and hygiene are more important than ever. Our contactless checkout solutions minimize physical interactions, providing a safer shopping environment for both customers and staff. At Brysk, we're proud to be at the forefront of this retail revolution. Join us as we shape the future of shopping - one autonomous checkout at a time! 🌐💼 #AutonomousRetail #FutureofShopping #Innovation #RetailTech #TechRevolution #CheckoutAutomation #RetailIndustry #AI #ContactlessShopping #Convenience #Efficiency #Personalization

🗨 A2Z Smart Technologies Corp, a company that produces smart carts, announced that it has secured an initial purchase order for 500 smart carts in Belgium, opening up a new country for its smart cart technology. This was shared in a tweet from the company's Twitter account. 🗨Diebold Nixdorf has started rolling out new artificial intelligence-based checkout solutions that can detect issues like missed scans, mislabeled products, and forgotten items. It aims to roll these out seamlessly through its existing in-store systems. 🗨Family Express, a US convenience store chain, has launched a new mobile app that makes it easier for customers to order pizza for delivery, access loyalty rewards and discounts, and view fuel savings. 🗨Polish convenience store chain Żabka has added a hot dog serving robot called Robbie to some of its autonomous Żabka Nano stores in collaboration with VeloxAlpha. Customers can order hot dogs customized with toppings via various payment methods. 🗨Brain Corp, which produces AI technologies for service robots, announced several milestones achieved in autonomous mobile robots during 2023, and the appointment of Chris Lobdell as its new Chief Revenue Officer. 🗨Metro Brands, an Indian footwear retailer, has partnered with Nextail, a merchandise planning platform, to use their AI tools for more accurate demand forecasting and decision automation across its rapidly growing store network. 🗨HERE Technologies has expanded its partnership with addressing system what3words to make what3words available on its location platform based on customer demand, initially for automotive and other sectors. #mango #mars #metro #retail #retailers #retailinnovation #retailtechnology #retailtech #retailtrends #retailsolutions #retailindustry https://lnkd.in/gAafkb8i

TRANSFORM YOUR CLOTHING RETAIL SPACE WITH DHARPAN AI MIRRORS: STAND OUT FROM THE COMPETITION! 🛍✨ #RetailInnovation #SmartMirrors #CustomerExperience #DharpanAI #RetailTech In the competitive retail landscape, setting your store apart is crucial. At DHARPAN AI, we're redefining shopping with our cutting-edge smart mirrors. Discover how our innovative technology can give you an edge over competitors. 1. AUGMENTED REALITY FITTING ROOMS: 📲 Customers can visualize clothes in real-time without fitting rooms, making shopping convenient and fun. 2. CONTACTLESS SHOPPING EXPERIENCE: 👐 Enhance safety with touchless mirror technology. Customers interact using gestures, minimizing physical contact. 3. INSTANT SHARING: 📸 Customers can screenshot and share their virtual try-ons directly from the mirror, creating buzz and organic marketing. 4. CUSTOMIZED PROMOTIONS: 🎯 Our mirrors display tailored offers boosting purchases and engagement. 5. SUSTAINABILITY: 🌿 Reduce physical fittings and promote eco-friendly shopping with our mirrors, modernizing your store and aligning with sustainable values. Integrate DHARPAN AI mirrors to enhance the shopping experience and position your store as an innovation leader. READY TO REVOLUTIONIZE RETAIL? CONTACT US TODAY!

The rise of autonomous, AI-driven stores like those created by Sensei is set to redefine current retail trends, including the push for seamless omnichannel experiences and heightened efficiency in inventory management. This technology meets growing consumer demands for convenience and speed, making long checkout lines a thing of the past. Dive into how AI is revolutionizing retail in our latest article. #RetailInnovation #AI #Omnichannel #CustomerExperience #InventoryManagement #TechInRetail #HPE

🟦 "TRANSFORMING RETAIL: THE RISE OF AI-POWERED AUTOMATION IN MALLS" 💙 POST : 284 ~ In the dynamic world of retail, Artificial Intelligence (AI) is revolutionizing the way malls operate and interact with customers. AI-powered automation is streamlining processes, enhancing customer experiences, and optimizing operations in ways we've never seen before. 🎯 Personalized Shopping Experiences: AI algorithms analyze vast amounts of customer data to offer personalized product recommendations. This not only enhances customer satisfaction but also increases customer loyalty and lifetime value. 🎯 Efficient Inventory Management: AI-powered systems can predict demand, optimize inventory levels, and reduce stockouts. This leads to improved efficiency, cost savings, and ultimately, higher profitability for mall retailers. 🎯 Enhanced Security and Safety: AI-based surveillance systems can detect and respond to potential security threats in real-time. This ensures a safer environment for shoppers and staff, contributing to a positive mall experience. 🎯 Streamlined Operations: AI automates routine tasks such as scheduling, maintenance, and cleaning. This frees up staff to focus on more strategic activities, ultimately improving overall mall operations. 🎯 Data-Driven Insights: AI analytics provide valuable insights into customer behavior, foot traffic patterns, and sales trends. This data-driven approach enables malls to make informed decisions that drive business growth and profitability. 🎯 Future Prospects: As AI technology continues to advance, we can expect further innovations in the retail space. Virtual shopping assistants, autonomous shopping carts, and predictive maintenance are just a few examples of what the future holds for AI in malls. In conclusion, AI-powered automation is transforming the retail landscape, particularly in malls. By embracing these technologies, malls can create more efficient, engaging, and secure shopping environments that meet the evolving expectations of modern consumers. #AI #ML #IOT #RPA #FOI #SaaS #SEO #Demand #Trend #Founders #Collaboration #AIinRetail #AutomationInMalls #RetailTech #CustomerExperience #InventoryManagement #AIAnalytics #FutureOfRetail #RetailInnovation #AIInnovation #SmartMalls

🗞️ Here is your weekly update on the biggest retail industry news! Let’s have a look! 🤩 🛒 REWE introduces its autonomous Pick&Go store concept to Romania with a fully automated PENNY store in Bucharest. The store features Trigo’s advanced AI technology, including 500 cameras, 5,000 sensors, and 200 image processing units, enabling shopping without scanning. 🏪 🍜 wagamama launches the soul club app, a loyalty programme rewarding customers with free sides, main courses, and VIP experiences for frequent visits. The app includes recipes, cooking videos, and invitations to exclusive events, creating a rich, personalised and engaging experience. 🎉 👓 GlassesUSA.com introduces Pairfect Match, an AI technology that offers personalised eyewear recommendations based on individual preferences. This technology builds on their Live Try-On AR mirror and Prescription Scanner app, making it easier for customers to find the ideal eyewear online. The company's focus is on delivering a highly personalised and convenient shopping experience. 📱 💌 If you liked the summary, please like, comment & repost. #retail #retailnews #retailtechnology #customerexperience #refive