STOCK TITAN

Sam's Club Successfully Deploys AI-Powered Exit Technology at 120+ Locations, Leading the Retail Industry with Customer Experience Innovation

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
AI

Sam's Club has successfully deployed AI-powered exit technology at over 120 locations, leading the retail industry with customer experience innovation. This technology, showcased at CES, uses AI and computer vision to speed up the exit process for members, reducing wait times and improving overall satisfaction. Sam's Club aims to implement this technology in all of its clubs by the end of 2024, setting a new standard in the retail industry for seamless checkout experiences.

Sam's Club ha implementato con successo una tecnologia di uscita alimentata da intelligenza artificiale in oltre 120 sedi, guidando l'innovazione nell'esperienza cliente nel settore del retail. Questa tecnologia, presentata al CES, impiega l'IA e la visione artificiale per accelerare il processo di uscita dei soci, riducendo i tempi di attesa e migliorando la soddisfazione complessiva. Sam's Club mira a implementare questa tecnologia in tutti i suoi club entro la fine del 2024, stabilendo un nuovo standard nel settore del retail per le esperienze di pagamento senza intoppi.
Sam's Club ha implementado con éxito tecnología de salida potenciada por IA en más de 120 ubicaciones, liderando la innovación en la experiencia del cliente en el sector retail. Esta tecnología, exhibida en el CES, utiliza IA y visión por computadora para agilizar el proceso de salida de los miembros, reduciendo tiempos de espera y mejorando la satisfacción general. Sam's Club tiene como objetivo implementar esta tecnología en todos sus clubes para finales de 2024, estableciendo un nuevo estándar en la industria retail para experiencias de pago sin contratiempos.
샘스 클럽은 120개 이상의 지점에서 AI 기반 출구 기술을 성공적으로 배치하여 소매 산업에서 고객 경험 혁신을 선도하고 있습니다. CES에서 선보인 이 기술은 AI와 컴퓨터 비전을 사용하여 회원의 출구 과정을 가속화하며, 대기 시간을 줄이고 전반적인 만족도를 향상시킵니다. 샘스 클럽은 2024년 말까지 모든 클럽에 이 기술을 도입할 계획이며, 매끄러운 결제 경험을 위한 소매 업계의 새로운 표준을 설정하고자 합니다.
Sam's Club a déployé avec succès une technologie de sortie assistée par IA dans plus de 120 emplacements, menant l'innovation de l'expérience client dans l'industrie du retail. Présentée au CES, cette technologie utilise l'IA et la vision par ordinateur pour accélérer le processus de sortie des membres, réduisant les temps d'attente et améliorant la satisfaction globale. Sam's Club a pour objectif d'implémenter cette technologie dans tous ses clubs d'ici la fin de 2024, établissant une nouvelle norme dans l'industrie du retail pour des expériences de caisse fluides.
Sam's Club hat erfolgreich KI-gestützte Ausgangstechnologie in über 120 Standorten eingeführt, wodurch das Unternehmen in der Einzelhandelsbranche bei der Innovation des Kundenerlebnisses führend ist. Die Technologie, die auf der CES vorgestellt wurde, verwendet KI und Computer Vision, um den Ausgangsprozess für Mitglieder zu beschleunigen, Wartezeiten zu reduzieren und die Gesamtzufriedenheit zu verbessern. Sam's Club plant, diese Technologie bis Ende 2024 in allen seinen Clubs umzusetzen und damit einen neuen Standard in der Einzelhandelsbranche für nahtlose Kassenprozesse zu setzen.
Positive
  • Successful deployment of AI-powered exit technology at over 120 locations

  • Revolutionizing the checkout experience for members by reducing wait times and improving satisfaction

  • Plans to implement the technology in all clubs by the end of 2024

  • Leading the retail industry with innovative customer experience solutions

Negative
  • None.

-- Since announced at CES, Sam’s Club’s first-of-its-kind application of AI and video technology reaches 20% of its clubs in just four months --

BENTONVILLE, Ark.--(BUSINESS WIRE)-- Sam’s Club®, one of the world’s leading retailers and digital innovation pioneer, today announced significant progress in its rollout of technology that resolves a key member concern -- waiting in line for receipt verification to exit the club. The retailer’s first-of-its-kind application of artificial intelligence and computer vision technology has been successfully deployed in more than 120 clubs since first unveiling it at the Consumer Electronics Show (CES) in January.

Sam's Club's AI-powered exit technology (Photo: Business Wire)

Sam's Club's AI-powered exit technology (Photo: Business Wire)

Sam’s Club’s rapid deployment of its exit technology represents the largest-scale implementation of member-facing AI-powered technology in the retail industry. The retailer’s announcement of reaching the milestone of deploying at 20 percent of its clubs in the first quarter comes as other retailers have struggled to deploy similar technology at scale, with some abandoning efforts, just starting initial pilots, or have not shared plans to enhance customer experiences through checkout and store exit technologies.

This new technology has improved the experience for Sam’s Club members almost immediately upon deployment. In clubs where the technology has been deployed, more than half of members are getting the friction-free exit experience. This translates to all members leaving the club 23 percent faster. Sam’s Club is uniquely positioned as the first retailer to not only extensively deploy this technology at scale, but also to successfully build, design and roll it out in-house, addressing member pain points in the purchase-to-exit process. Sam’s Club plans to deploy the exit technology to all of its clubs by the end of 2024.

The move to use technology innovation to drive a better member experience builds on Sam’s Club’s existing innovative digital solutions, such as Scan & Go™️ which the company believes is the most used mobile application in a retailer and/or restaurant in the United States, to provide members with a more convenient shopping experience and differentiate itself as the retail industry’s innovation leader.

"I’m incredibly proud of the innovation and dedication of our team to deploy this member experience technology at scale," said Todd Garner, Chief Product Officer at Sam’s Club. "Both exit technology and Scan & Go are driving new levels of convenience and raising member satisfaction among members. What distinguishes Sam’s Club from our competitors is our ability to seamlessly deploy this technology at scale across our nearly 600 clubs nationwide. Whether it's a single item or a cartful, we're revolutionizing the checkout experience."

Deploying Exit Technology at Scale

Sam’s Club’s exit technology is used to seamlessly confirm members have paid for all items in their shopping carts – without requiring an associate to check members’ purchases before leaving the club. Before this technology, members were slowed by queuing at the club’s exit area to have member specialists review receipts and examine items in a member’s cart. Members said they want a faster and more convenient shopping experience and consistently rated the potentially lengthy wait times at exit - especially during busy periods - as a primary pain point in their shopping experience.

Now after a member completes payment at a register or via Scan & Go, a combination of computer vision and digital technology deployed in the exit area of the club captures images of carts and verifies payment for all items within a member’s basket. With AI working in the background to continually speed the process, this digital innovation not only streamlines the member’s exit, but also allows member specialists to refocus their time and expertise to assisting members and ensuring they have an enjoyable shopping experience. With AI constantly learning and improving across thousands of exit transactions at multiple locations, Sam’s Club said it will continue iterating and enhancing the technology as the deployment rollout continues.

Sam’s Club’s technology at exit is a natural extension of its use of digital techniques to enhance the shopping experience through Scan & Go, which allows members to use their mobile Sam’s Club app to capture purchases on-the-go and bypass the traditional checkout line in the club – and also use that same mobile technology at the fuel station and Café.

About Sam’s Club

Sam’s Club®, a division of Walmart Inc. (NYSE: WMT), one of the world’s leading retailers, is a membership retail club offering superior products, savings and services to millions of members in nearly 600 clubs in the U.S. and Puerto Rico. Now in its 41st year, Sam’s Club continues to redefine club membership shopping with its highly curated assortment of high-quality fresh food and Member’s Mark® items, in addition to market leading technologies and services like Scan & Go™️, Curbside Pickup and home delivery service in select markets. To learn more about Sam's Club, visit the Sam's Club Newsroom, shop at SamsClub.com and interact with Sam's Club on LinkedIn, X (formerly Twitter), Facebook, Instagram, TikTok and Pinterest.

Media Relations Contact

Ali Van Matre

1-800-331-0085

https://corporate.walmart.com/news/contact-media-relations

Source: Walmart Inc.

Walmart Inc.

NYSE:WMT

WMT Rankings

WMT Latest News

WMT Stock Data

517.28B
4.33B
46.63%
34.94%
0.46%
All Other General Merchandise Stores
Retail Trade
Link
United States of America
BENTONVILLE

About WMT

Walmart Inc. is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores in the United States, headquartered in Bentonville, Arkansas.