Designed for any retailer, the only modular, fully-automatic store integrates AiFi's in-storesensor fusion and AI technology; delivers real-time analytics and fast, fun,staff-free shopping experience
NEW YORK, NY / ACCESSWIRE / January 13, 2019 / National Retail Federation - AiFi, the technology company creating the world's most advanced store automation systems, today introduces the AiFi NanoStore, a tiny footprint, all-in-one, automated store of the future, on display now at the main exhibit hall entrance to the National Retail Federation annual trade show. Integrated with AiFi's scalable in-store sensor fusion and Artificial Intelligence to enable the auto-checkout operation, this is the world's first plug-and-play, 24/7, checkout-free retail format for convenience-type store operations which can be branded by any retailer.
AiFi has developed sophisticated automated solutions for retailers wanting to move to an auto-checkout future, including AI technology, sensor and camera networks with seamless system integration. The technology utilizes AI algorithms for real-time people tracking and product recognition as well as camera technology and systems that can track as many as thousands of shoppers in a store. This store automation system is built into the all-in-one modular NanoStore complete with store fixtures and refrigeration.
"NanoStores fit into the trend of retail stores getting smaller and smaller. We envision a future where we push these tiny automated stores as close as possible to where people live - essentially providing the last 100-feet shopping venue to serve local communities. NanoStores are much faster and more convenient than any e-commerce or home delivery option," said Steve Gu, CEO and co-founder, AiFi.
With the NanoStore, AiFi provides retailers the opportunity to expand their lines of business with a pattern for a very small (starting at 160-square-foot) flexible store which can fit almost anywhere, such as in parking lots, college campuses, inside a shopping center, train station or airport, or wedged between buildings in a city.
Because it is designed as a compact, always-open convenience-type store which can be easily modified and branded, the AiFi NanoStore provides shoppers a customized experience that is nearby and has all the essentials. Customers in the NanoStore simply swipe a credit card or tap an app, select their items and walk out without the need for the retailer to have any onsite personnel to complete transactions. Receipts are generated in almost real-time, with information available in a fraction of a second, so shoppers can review their itemized receipt as they walk out.