stor.ai, Toshiba to advance online shopping
The stor.ai end-to-end digital grocery solution expands its partnership with retail store technology company Toshiba Global Commerce Solutions to offer an integrated tool to help e-commerce businesses.
“With the growth of e-commerce at breakneck speed, retail store integration has often struggled to keep pace with increasing usage – and retailers are increasingly demanding integrated e-commerce solutions for to ensure positive retail experiences for customers, ”said Orlee Tal, CEO of stor.ai, in a statement. press release of Wednesday July 21.
“This partnership reinforces stor.ai’s mission to create a customer-centric commerce where consumers enjoy a seamless and personalized digital experience across all platforms. Alignment with Toshiba Global Commerce Solutions will help retailers transition to front-end and digital transformation in a simple, convenient and user-centric way, ”added Tal.
The collaboration between the two companies aims to combine the stor.ai platform with Tiger Global’s ecosystem and extend the tools to digital merchants that will help them launch a scalable web storefront.
The pace of online grocery shopping has accelerated during the COVID-19 pandemic and retailers are looking for integrated tools that support in-store commerce as well as digital commerce, the statement said.
Toshiba Global Commerce Solution is the market leader in its industry in the United States and abroad, the statement said. The company has more than 3.25 million point of sale (POS) and self-checkout units installed worldwide.
The partnership will also allow stor.ai to offer a white label software as a service (SaaS) solution through Microsoft Azure to extend a strong digital shopping experience across all devices. Toshiba Global Commerce Solution is also working with store.ai to develop a comprehensive menu of e-commerce solutions that will cover the journey of retailers and consumers from digital orders, in-store fulfillment and last mile delivery.
“By partnering with stor.ai, Toshiba Global Commerce Solutions can deliver an integrated digital shopping experience to our retailers, providing an alternative to services such as Instacart,” said John Pistone, Executive Director, Solutions Strategy and Business Development, Toshiba Global Commerce Solutions.
PYMNTS data shows that 72% of grocery shoppers order online for delivery and 28% turn to curbside pickup.
In-store self-checkout has changed Toshiba Global Commerce Solutions vice president of business strategy Kirk Goldman told PYMNTS that retailers have become more savvy.