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ADNOC presented the future of shopping through its next-gen retail store

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Abu Dhabi National Oil Company ADNOC launched the store of the future, an oasis store, which is fully automated, cashier-less and the payment method is both contactless and cashless. Consumers can enjoy a highly AI-driven shopping experience, paying through a bank card, Emirates ID, or scanning the QR code. Each shelf of the store features an electronic LED screen that displays prices, current offers, and promotions that are updated in real-time. Families would be able to enter the next generation store with a single QR code, which would track the activities of all members. The items picked by each family member would be added to the single virtual basket. ADNOC reportedly raised Dhs1.7bn net profit within the first nine months of 2021.

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Consumer Goods industry will surpass $15T globally by 2025. However the old business model of mass distribution is about to become obsolete. Digital Transformation, Millennials and Gen Z effect, Direct to Consumer and Post-Covid World are going to reshape the winning formula for the new era CG industry. Our weekly newsletter covers global innovations and disruptions in CG industry.

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