Israeli grocery retailer Yochananof places order for more A2Z Cust2Mate smart carts

A2Z Smart Technologies Corp. reports that, in addition to an existing order of 1,300 smart carts from Yochananof, the Israeli grocery retailer intends to purchase up to another 1,700.

The Cust2Mate smart cart platform automatically scans purchased products and enables in-cart payment, allowing customers to "pick and go" and bypass cashier checkout lines.

Additionally, retail grocers can direct shoppers to discounted products, in-store promotions, and other offers to move inventory from the shelves into carts.

"We think just one successful transition from pilot to rollout changes the entire tenor of the conversation and likely jumpstarts an adoption chain reaction" -Daniel L. Kurnos, CFA Analyst Benchmark. NEWS: 1700 Cart Order- https://t.co/lVOkafkJdz. https://t.co/FKXxScxAoa $AZ pic.twitter.com/1TiUPgGz9y

— A2Z Smart Technologies Corp NASDAQ $AZ (@CorpA2z) May 9, 2023

Elad Harazi, Deputy CEO at Yochananof, says: "The response from our customers to the Cust2mate smart cart has been very positive and, as a chain which always looks to be at the forefront of retail state-of-the-art technology, we are delighted to announce our intention to increase the purchase and deployment of the smart carts in our branches.”

"We are thrilled to receive the LOI of this increased purchase from Yochananof," says Guy Mordoch, CEO at A2Z's subsidiary Cust2Mate.

"Our smart cart technology is revolutionising the retail industry, providing customers with a seamless and convenient shopping experience while enabling retailers to improve inventory management and reduce labour costs.”

“This is a testament of the actual consumers demanding to use technology to change their shopping journey and is without a doubt the future of all retail.”