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New Chapter for Building New Retail - Hopeland 2017-09-30

In 22nd September 2017, Hopeland attended the presentation activities for E+Store (One of the most famous unmanned supermarket in China) and set up long term strategic partnership with big retailers. It's significant that Hopeland made an important step to bring UHF RFID technology to new retail industry. Soon later, we would support more and more intelligent unmanned stores around the world.

 

RFID Retail Management

Frank Yuan (CEO of Hopeland) attended the activity

 

E+Store is the first intelligent unmanned store in Xiamen City. No salesman inside and serve for 7×24 hours. The store integrated with biology identification, UHF RFID and cloud payment technology. Hopeland provide the RFID system, RFID reader devices and RFID tags. Every items in the store is sticked with an unique RFID tag, and long range RFID reader and antenna are around the store. While clients choose the items, the reader could read the tags for information like item name, serial number, price etc. Then clients could pay the sum with Alipay or Wechat or credit card.

 

RFID Retail

Enter store by Face identification

 

RFID Retail

UHF RFID system identify the items choosed

 

Now the E+Store have been operated for over 2 months, it shows great future of this new retail model and earn good reputation from clients. Firstly it's cost-effective that the labor cost is about 400 RMB per month, compared to 12,000 RMB per month for traditional store. Secondly the low theft rate. With the hign accuracy of biology identification and RFID system, the theft rate is 0  during this period. 

 

The unmanned store is trend of revolution for retail industry, but it still have long way to go. For example, there is lack of guide for clients to choose exact items, they have to search the whole store by themselves. And some customized services and after-sales services could not be fulfilled.

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