Pasadena-based company VenHub is set to disrupt the retail industry with the launch of its fully autonomous, AI-powered Smart Stores. These innovative, robotic-operated stores are designed to provide a seamless, 24/7 shopping experience, eliminating the need for human employees.
VenHub is now accepting pre-orders for these Smart Stores, which integrate advanced technologies such as AI and smart inventory management systems. Customers will be able to make purchases through an app-based ordering system, choosing from a wide range of products including everyday essentials, consumer electronics, and specialty items.
The Smart Stores are prefabricated, expandable units covering 800 square feet and can be delivered and installed in just a few days. VenHub positions these stores as a cost-effective alternative to traditional retail outlets, emphasizing their efficiency and lack of staffing requirements.
"VenHub is at the forefront, spearheading initiatives that ensure safer, smarter, and smoother shopping experiences," said Shahan Ohanessian, CEO of VenHub. The company has already secured pre-orders from over 800 retailers globally, potentially generating more than $240 million in sales.
VenHub’s Smart Stores are designed to be versatile, with potential locations ranging from airports and college campuses to sports venues. The company is confident that these stores represent the future of retail, offering a scalable and efficient solution for various settings.
In addition to the Smart Store launch, VenHub is planning to go public. In July, the company announced it had submitted a strategic non-binding letter of intent with a well-known NASDAQ-listed Special Purpose Acquisition Company (SPAC), signaling its ambitions for future growth.
VenHub’s Smart Stores are poised to offer a revolutionary shopping experience, combining the convenience of automation with the accessibility of 24/7 service, marking a significant step forward in the evolution of retail.
