As physical retail struggles amid the global pandemic, storeowners are rapidly trying to adapt to new realities that also include growing competition from Amazon. But a French startup called Storelift believes it can create a new convenience store concept that leans on many of the same AI and computer vision tools used in Amazon Go stores to reinvent the shopping and checkout experience,
This week, Storelift announced that it has launched its first two stores under the name “Boxy.” The Boxy stores are repurposed shipping containers that can be plopped down in various urban neighborhoods that lack good shopping options.
The founders believe their approach demonstrates how businesses can exploit new shopping niches with the help of sensors, data, and AI that allows them to optimize their inventory and reduce costs.
“Our vision is really to address all the city areas where there are 10,000 people who have no convenience store,” Storelift CEO and cofounder Tom Hayat said. “We want to be as close to the customers as possible.”