RUSNANO and the world of nanotechnology-enabled retail services

RUSNANO first announced their retail project in June 2010 (finally mentioned in my Aug. 8, 2011 posting [scroll down about 1/3 of the way]). They have just announced that 2012 is when their Store of the Future will be unveiled. From the Sept. 8, 2011 article by Lena Smirnova for The Moscow Times,

The Store of the Future is a flagship project in the partnership between the company and retailers Sitronics and X5 Retail Group. The project envisions equipping retail outlets with radio frequency identification [RFID] technology that would render cashiers unnecessary and help store owners save on inventory and storage costs. The RFID system will calculate the price of the product, monitor expiry dates and automatically stock missing merchandise.

Rusnano is still figuring out how to make the tag readable through foil, metal baskets and liquids, but Chubais [Anatoly Chubais, CEO of RUSNANO) told the audience that a simplified version of the Store of the Future will be on show at Moscow’s Nanoforum on Oct. 26. The complete project is scheduled to launch in 2012.

If I understand this project correctly, the idea is to revolutionize the mall from the building products used for mall construction, energy-efficient glass and air purification products are also mentioned right through to the stocking process to the customer’s retail experience.

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