A2Z Cust2Mate Secures $55 Million Smart Cart Deal with Israeli Supermarket Chain
A2Z Cust2Mate Solutions Corp. has secured a $55 million purchase order from Israeli supermarket chain Yochananof for 5,000 smart shopping carts, marking a significant advancement in retail technology integration and creating recurring revenue streams through a comprehensive partnership.
A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ) has announced a substantial $55 million purchase agreement with Israeli supermarket chain M. Yochananof & Sons (1988) Ltd. for 5,000 next-generation Cust2Mate 3.0 smart shopping carts. This strategic partnership represents a major step forward in the digital transformation of traditional retail operations, combining hardware deployment with ongoing data and digital services collaboration.
The comprehensive agreement includes an upfront payment followed by monthly fees per cart over a minimum 60-month period, establishing a predictable recurring revenue model for A2Z Cust2Mate. The deployment process has already commenced and will continue through monthly installations until 2026, with larger stores receiving up to 250 units and medium-sized locations getting approximately 100 smart carts each. This phased approach ensures systematic integration of the technology across Yochananof's retail network.
As part of the transition to the new fleet, A2Z will repurchase Yochananof's existing Generation 2.5 smart carts for $7 million, facilitating a seamless upgrade to the more advanced Cust2Mate 3.0 platform. The new smart carts feature AI-driven technology that personalizes the shopping experience by providing real-time customized offers and product recommendations while enabling seamless in-cart scanning and payment capabilities. This eliminates traditional checkout lines and transforms routine shopping trips into engaging, rewarding experiences for customers.
The partnership extends beyond hardware to include data analytics, retail media, and digital services, creating additional value streams for both companies. Retailers benefit from streamlined operations and optimized merchandising through data-driven insights generated by the smart cart technology. The carts incorporate multiple security layers to ensure accurate product recognition and transaction integrity, addressing critical concerns in autonomous shopping environments. For more information about the company's innovative retail solutions, visit https://www.cust2mate.com.
This significant contract demonstrates the growing adoption of smart retail technologies that bridge online and in-store shopping experiences. The modular, all-in-one detachable panel design allows retailers to transform existing shopping cart fleets into intelligent platforms, making the technology accessible and scalable for various retail environments. The Yochananof partnership serves as a validation of A2Z Cust2Mate's technology and business model in the competitive retail technology sector.