Shopic lands $35M to bring its item-scanning ‘smart cart’ tech to more stores
https://techcrunch.com/2022/08/09/shopic-lands-30m-to-bring-its-item-scanning-smart-cart-tech-to-more-stores/
Stores face new challenges in a world forever changed by the pandemic. Amazon and other tech giants are encroaching on their business. But perhaps more urgently, supply chain snarls haven’t gone away, presenting retailers with a host of inventory issues. In a March Retail Insights survey, seven in 10 (71%) shoppers said they felt that out-of-stocks — i.e. times when items aren’t available — are worse now compared to the start of the pandemic.
While there isn’t a silver bullet, Raz Golan makes the case that “smart” store technology — particularly his company’s — can help to tackle many of the stock- and retention-related problems stores wrestle with today. He’s the co-founder of Shopic, a startup that sells clip-on touchscreen hardware for shopping carts that identify items to display promotions while acting as a self-service checkout window.