A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ) has entered into a substantial $55 million purchase agreement with Israeli supermarket chain M. Yochananof & Sons (1988) Ltd. for 5,000 advanced Cust2Mate 3.0 smart shopping carts, marking a significant milestone in the integration of artificial intelligence and smart technology within traditional retail environments. This partnership represents one of the largest deployments of smart cart technology in the supermarket industry, potentially setting a precedent for other retailers considering similar technological upgrades.
The comprehensive agreement includes an upfront payment followed by monthly fees per cart over a minimum 60-month period, establishing a long-term financial relationship between the companies. Deployment of the smart carts has already commenced and will continue on a monthly basis through 2026, with strategic placement of up to 250 units in larger stores and 100 units in medium-sized locations. As part of the transition, A2Z will repurchase Yochananof's existing Generation 2.5 smart carts for $7 million, ensuring a seamless upgrade to the more advanced Cust2Mate 3.0 platform.
The Cust2Mate smart carts represent a significant technological advancement in retail, bridging the gap between online and in-store shopping experiences. These AI-driven carts personalize each customer's shopping journey through interactive technology that guides and informs shoppers while they move through the store. The system enables seamless in-cart scanning and payment capabilities, allowing customers to completely bypass traditional checkout lines while receiving real-time customized offers and product recommendations based on their shopping patterns.
For retailers, the technology provides valuable data-driven insights that help optimize merchandising strategies and operational efficiency. The carts feature multiple layers of security to ensure accurate product recognition and transaction integrity. Their modular, all-in-one detachable panels can transform existing shopping cart fleets into intelligent platforms, making the technology accessible and scalable for various retail environments. More information about the company's innovative solutions can be found at https://www.cust2mate.com.
This fleet modernization creates recurring revenue streams for A2Z while simultaneously enhancing the customer shopping experience and streamlining store operations for the supermarket chain. The deal also encompasses a data, retail media, and digital services partnership that will provide valuable consumer insights and marketing opportunities for both parties. This substantial order demonstrates the growing adoption of smart retail technologies by major grocery chains seeking to enhance customer experiences while improving operational efficiency.
