March 2, 2021 | GroceryGeniuses Blog

Standard Cognition, a tech-based checkout equipment provider, raises $1 billion for future installation

GroceryGeniuses March 2, 2021

Investors from Japan and South Korea helped Standard Cognition raise $1 billion for its Al-powered checkout program. Standard Cognition paid close attention to the need of having an accelerated, seamless payment and checkout procedure for shoppers in the grocery outlets. It proposes to install digital vision-based checkout devices in about 50,000 grocery stores in the upcoming 5 years.

Twitter observes 6 major changing patterns by probing billions of tweets over 2 years

GroceryGeniuses March 2, 2021

Twitter’s latest report suggests that the top brands are up to 71% more culturally synched. It showed 6 major trends related to evolving cultural trends: Well-being, Everyday Wonder, Creator Culture, One Planet, Tech Life, and My Identity. Twitter’s takeaways for how brands can act include: focus on the practical ways you can help people improve their lives, explore ways you can bring real-life experiences to digital platform, and make it easy for people to become part of your brand.

Finland is introducing robotic parcel machines with double compartments to store groceries

GroceryGeniuses March 2, 2021

K Group, a top retail chain, has partnered with parcel service Smartmile, and lifting machine provider Konecranes to install double-storage robotic parcel machines in Finland. The cold partition with controlled temperatures will keep the groceries fresh and separated from other online parcels. Customers can pick groceries using a unique code number.

AgroFresh Solutions unveils produce-preserving tech solution named as VitaFresh Botanicals

GroceryGeniuses March 2, 2021

AgroFresh solution launches VitaFresh Botanicals to offer a tech-based edible fruit coating to preserve fruits. The “anti-thirst” technology shields and retains the water content as well as freshness of the produce by creating a double layered-skin. AgroFresh equips its customers with essential tech equipment and training. VitaFresh edible coating increases the storage life and freshness of fruits, thus vouching for growing profits with diminished cost and energy wastage.

Grocers are building their online delivery solution and cutting ties with Instacart

GroceryGeniuses March 2, 2021

Instacart charges grocery customers 10% on every transaction. Instead of outsourcing online delivery service, more and more grocers are building a direct online delivery solution. The investment might seem huge but is certainly more profitable in the long run. Having a solid online strategy, compatible partners, and multi-channel measures can help the grocers win the race slowly and steadily.

Reasor’s, a grocery chain, is debuting a salad serving robot designed by Chowbotics

GroceryGeniuses March 2, 2021

Reasor’s is kicking off an automated salad bar where Sally, a robot developed by Chowbotics, will be serving. Sally offers automated assembling of salads from 22 fresh and assorted ingredients. Customers use the digital menu and nutritional value chart to select and adjust ingredients by using a touchscreen. Reasor’s receives regular automated alerts to replace salad ingredients nearing their expiry-date, making their salads pathogen-free.