A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ), a global leader in smart retail technology, announced that it has received a follow-on purchase order from Israeli home goods retail chain HaStock for an additional 1,050 Cust2Mate Smart Carts. This order increases HaStock's total commitment to 3,050 Smart Carts, signaling the retailer's confidence in the technology's ability to enhance the in-store shopping experience.
The additional order, valued at approximately $11 million over the life of the five-year agreement, is on the same terms as the original agreement. Deliveries under the original purchase order have already commenced, and the new order underscores the scalability and reliability of Cust2Mate's smart cart platform. The collaboration includes data, retail media, and digital services managed by A2Z Cust2Mate, with both companies sharing in resulting revenue streams.
This expansion is a significant milestone for A2Z Cust2Mate as it strengthens its presence in the retail technology market. The Cust2Mate Smart Cart transforms traditional shopping carts into AI-powered, connected commerce platforms that elevate the in-store experience, turning each visit into a seamless, personalized, and rewarding journey. The platform helps retailers and brands grow revenue through targeted retail media and real-time shopper engagement at the moment purchase decisions are made.
According to the company, the Smart Cart platform delivers actionable, real-time data that provides full visibility into in-store shopper behavior and decision-making. With its modular, state-of-the-art technology, Cust2Mate enables retailers to increase revenue, optimize store operations, and mitigate loss across their chains at scale. This recent order from HaStock is a testament to the value that retailers see in this innovative solution.
The follow-on order also highlights the growing trend of retailers adopting advanced technologies to enhance the customer experience and drive operational efficiency. As the retail industry continues to evolve, solutions like Cust2Mate's Smart Cart are becoming increasingly important for retailers looking to stay competitive.
In a statement, A2Z Cust2Mate expressed enthusiasm about the continued partnership with HaStock, emphasizing the positive reception of the Smart Carts and the potential for further collaboration in the future. The company remains committed to delivering innovative solutions that meet the evolving needs of retailers and shoppers alike.
For more information, visit the company's newsroom at https://ibn.fm/AZ.
