Carrefour Israel Partners with A2Z for Smart Cart Deployment
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
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Should l Buy AZ?
Source: PRnewswire
- Strategic Partnership: Carrefour Israel has signed a five-year strategic agreement valued at approximately $50 million with A2Z Cust2Mate Solutions to deploy 4,000 smart carts across its stores, marking a significant technological innovation in the global retail sector.
- Market Leadership: This agreement positions Carrefour Israel as one of the first retailers globally to implement smart cart technology at such a scale, with an expected profit of around $35 million, further solidifying its leadership in the retail market.
- Digital Transformation: The agreement encompasses not only the deployment of smart carts but also retail media and data monetization services, which are anticipated to drive growth in the $170 billion global retail media market and the projected $20.3 billion data monetization sector by 2033.
- Enhanced Shopping Experience: The implementation of smart carts will improve customer shopping experiences by offering personalized promotions and faster checkout processes, thereby increasing same-store sales and optimizing operational efficiency, expected to generate tens of millions of dollars in additional profits.
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Analyst Views on AZ
Wall Street analysts forecast AZ stock price to rise
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 7.480
Low
20.00
Averages
20.00
High
20.00
Current: 7.480
Low
20.00
Averages
20.00
High
20.00
About AZ
A2Z Cust2Mate Solutions Corp. is a Canada-based technology company. The Company is engaged in the development and commercialization of retail smart cart solutions designed primarily for use in large grocery stores and supermarkets (Cust2Mate Carts), manufacturing of precision metal parts, provision of maintenance services in Israel (Maintenance Services), and development of its Fuel Tank Inertia Capsule System (FTICS) technology and a vehicle device cover for the military and civilian automotive industry (collectively, Automotive Products). Its segments include Services, Smart Carts and Precision Metal Parts. Its primary product is the Cust2Mate system, which incorporates a smart cart which automatically calculates the value of the customers purchases in their smart cart. The product includes big data smart algorithms and computer vision capabilities, allowing for customer specific targeted advertising. Its other services include providing maintenance services and container leasing.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Strategic Partnership: Carrefour Israel has signed a five-year strategic agreement valued at approximately $50 million with A2Z Cust2Mate Solutions to deploy 4,000 smart carts across its stores, marking a significant technological innovation in the global retail sector.
- Market Leadership: This agreement positions Carrefour Israel as one of the first retailers globally to implement smart cart technology at such a scale, with an expected profit of around $35 million, further solidifying its leadership in the retail market.
- Digital Transformation: The agreement encompasses not only the deployment of smart carts but also retail media and data monetization services, which are anticipated to drive growth in the $170 billion global retail media market and the projected $20.3 billion data monetization sector by 2033.
- Enhanced Shopping Experience: The implementation of smart carts will improve customer shopping experiences by offering personalized promotions and faster checkout processes, thereby increasing same-store sales and optimizing operational efficiency, expected to generate tens of millions of dollars in additional profits.
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- Strategic Partnership: Global Retail and A2Z Cust2Mate have signed a five-year strategic agreement valued at approximately $50 million to deploy 4,000 smart carts across Carrefour Israel stores, marking a significant technological advancement in the global retail sector.
- Market Leadership: This agreement positions Carrefour Israel as one of the first retailers globally to implement smart cart technology at scale, with expected profits of around $35 million, enhancing customer shopping experiences and increasing same-store sales.
- Digital Transformation: The agreement encompasses not only the deployment of smart carts but also a comprehensive collaboration in retail media and data monetization, with the retail data monetization market projected to reach $20.3 billion by 2033, further enhancing the company's competitiveness in rapidly growing markets.
- Future Outlook: The nationwide rollout of smart carts is set to begin in Q3 2026, significantly improving the shopping experience and converting in-store traffic into sustainable retail media and data revenue, establishing A2Z Cust2Mate's leadership position in the global retail industry.
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- Strategic Partnership: Carrefour Israel has entered into a five-year strategic agreement valued at approximately $50 million with A2Z Cust2Mate to deploy 4,000 smart shopping carts across its stores, marking a significant technological advancement in the global retail sector.
- Market Leadership: This deployment positions Carrefour Israel as one of the first retailers globally to implement smart cart technology at such a scale, with expected profits of around $35 million, enhancing customer shopping experiences and driving sales growth.
- Digital Transformation: The agreement encompasses not only the deployment of smart carts but also a comprehensive collaboration on data, retail media, and digital services, aiming to capture value from the $170 billion global retail media market and the projected $20.3 billion retail data monetization sector by 2033.
- Future Outlook: The CEO of Carrefour Israel stated that this partnership will establish a new global standard for connected, personalized shopping experiences, enhancing operational efficiency and solidifying their market leadership in the ongoing digital transformation of the retail industry.
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- Revenue Growth: A2Z Technologies reported FY 2024 revenues of $7.9 million, a 46% increase from $5.4 million in FY 2023, indicating strong market performance and business expansion capabilities.
- Healthy Balance Sheet: As of December 31, 2025, the company's balance sheet included inventory of $3.9 million, reflecting effective inventory management that supports operational liquidity.
- Sufficient Working Capital: A2Z Technologies reported working capital of $72.5 million as of December 31, 2025, ensuring ample funding for future investments and operations, thereby enhancing its competitive position in the market.
- Share Repurchase Program: A2Z Cust2Mate Solutions has extended its share repurchase program, demonstrating confidence in its stock value while potentially increasing shareholder returns and further boosting market confidence.
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- Repurchase Program Extension: A2Z Cust2Mate Solutions' Board of Directors has approved an extension of its share repurchase plan for an additional three months, allowing the company to repurchase up to $20 million of outstanding shares by July 6, 2026, reflecting confidence in its value.
- Market Value Assessment: The company believes that the current market price of its common shares does not adequately reflect its underlying value and prospects, viewing the repurchase plan as an appropriate use of financial resources aimed at enhancing shareholder value.
- Financial Resource Optimization: By implementing the repurchase program, A2Z Cust2Mate aims to leverage its financial resources to enhance shareholder returns, indicating a positive outlook for future growth.
- Earnings Forecast: A2Z Cust2Mate anticipates fourth-quarter revenues of up to $5.2 million, further supporting the rationale behind its repurchase plan and potentially attracting more investor interest.
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- Repurchase Program Extension: A2Z Cust2Mate Solutions Corp. has extended its share repurchase program until July 6, 2026, authorizing up to $20 million for buybacks, aimed at enhancing shareholder value and reflecting the company's intrinsic worth.
- Market Response Expectations: The company believes that the current market price does not adequately represent its potential value, and the implementation of the repurchase program is expected to boost investor confidence and potentially have a positive impact on the stock price.
- Transparent Execution Method: The repurchase will be conducted through open market transactions or other methods, with all transactions adhering to SEC regulations to ensure compliance and transparency.
- Clear Funding Source: The company will utilize its existing cash and cash equivalents for the buybacks, with all repurchased shares being canceled and returned to treasury, further optimizing its capital structure.
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