Sam's Club says AI will handle exit checks in all stores by end of 2024 [FOX Business Network]
Walmart Inc. (WMT)
Last walmart inc. earnings: 2/18 06:00 am
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Source: FOX Business Network
Any Sam's Club member is familiar with the lines that can form at the exits of the big box store during busy shopping times as customers line up for an associate to check their receipts to confirm their purchases. Now, the company says those bottlenecks will be slashed at its clubs nationwide by the end of the year, thanks to new artificial intelligence -powered technology. At the Consumer Electronics Show in January, the Walmart division unveiled a new AI-powered scanning system positioned at store exits that captures images of carts and verifies payment for all items within a member's basket. Since then, Sam's announced this week, the n ew tech has been rolled out at 20% of its stores, and will be in each of the company's 600 locations by the close of 2024. The company says that in the 120 stores where the AI scanners have been deployed so far, more than half of customers have ushered through them, reducing wait times for all members by 23%. Sam's Club took a victory lap
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