Technology
Initiative aims to shape the future of retail
October 8, 2021
Standard AI is partnering with retail tech leaders to launch the Autonomous Retail Initiative focused on investing in convenience store operators to help shape the future of retail.
The initiative will bring a select group of convenience store operators together to learn about the latest in autonomous retail; one or more owner/operators will receive an autonomous transformation from Standard, according to a press release.
Standard AI will select up to 10 convenience stores and chains across North America to attend a three-day workshop and program in San Francisco and the company will select one operator to receive a full build out of one existing store into a checkout-free experience, at no cost, according to a press release.
"Computer vision and autonomous retail can unlock enormous value for c-store operators excited to use technology to transform what's possible in convenience. We believe every one of these operators deserves to benefit from this innovation — not just multi-billion dollar giants," Jordan Fisher, Standard AI CEO, said in the release. "Standard AI and our retail tech partners are looking for forward-thinking c-store operators eager to drive the future of the industry. And we can't wait to partner up with one or more of these companies and kick-start their journey to autonomous retail with a full Standard AI autonomous checkout retrofit."
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