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RETRANSMISSION: GrocerIQ Holdings (OTC:GRIQ) Announces Patent-Pending Physical AI Technology for Automated Micro-Grocery Retail
Accessnewswire· 2025-12-03 15:38
MIAMI BEACH, FL / ACCESS Newswire / December 3, 2025 / GrocerIQ Holdings, Inc. announced today that a patent application has been filed with the United States Patent and Trademark Office (USPTO) for advanced technology supporting AI-driven micro-grocery environments and sensor-based retail automation. The filing covers core elements of GrocerIQ's Physical AI platform, designed to enable automated inventory management, real-time demand forecasting, and autonomous operational control across next-generation re ...
Alpha Modus Files Patent Infringement Lawsuit Against H&M Over In-Store AI and Retail Intelligence Systems
Globenewswire· 2025-12-03 13:30
Core Viewpoint - Alpha Modus has filed a patent infringement lawsuit against H&M, alleging that H&M's retail operations infringe on five patents related to shopper analytics and inventory management [1][2]. Group 1: Patent Details - The patents in question include U.S. Patent Nos. 11,042,890; 11,049,120; 11,301,880; 12,026,731; and 12,354,121, which cover technologies for monitoring shopper behavior and optimizing inventory management [2]. - These patents originate from inventions dating back to 2013 and encompass methods for real-time shopper analytics and seamless in-store purchase experiences [2]. Group 2: Allegations Against H&M - The complaint states that H&M utilizes various technologies, such as RFID tracking and digital video systems, to gather data on shopper interactions, which allegedly infringe on Alpha Modus's patented methods [3]. - Alpha Modus claims that H&M's use of these technologies constitutes both direct and indirect infringement of the asserted patents [4]. Group 3: Company Position and Actions - Alpha Modus emphasizes its commitment to enforcing its intellectual property rights to protect its innovations and ensure fair competition in the retail market [4]. - The company has previously entered into licensing agreements with other firms to access its patented technologies, indicating a preference for negotiated arrangements over unlicensed use [5]. Group 4: Company Overview - Alpha Modus is a retail technology company focused on in-store AI systems, aiming to enhance shopper engagement and optimize retail operations through its patented technologies [6]. - The company's AI framework is designed to measure the impact of digital content and physical interactions on transaction outcomes [6].
GrocerIQ Holdings (OTC:GRIQ) Announces Patent-Pending Physical AI Technology for Automated Micro-Grocery Retail
Accessnewswire· 2025-12-03 10:30
Core Insights - GrocerIQ Holdings, Inc. has filed a patent application with the USPTO for advanced technology related to AI-driven micro-grocery environments and sensor-based retail automation [1] - The patent covers essential components of GrocerIQ's Physical AI platform, which aims to facilitate automated inventory management, real-time demand forecasting, and autonomous operational control in next-generation retail formats [1]
INEO Tech Corp. Announces Non-Brokered Private Placement
Newsfile· 2025-12-01 12:25
Core Viewpoint - INEO Tech Corp. announces a non-brokered private placement to raise up to $2,345,000 by issuing up to 156,355,684 common shares at a price of $0.015 per share [1][3]. Offering Details - The Offering allows eligible INEO shareholders to participate, subject to compliance with applicable securities laws [2][8]. - The rights offering previously announced on November 24, 2025, has been terminated due to objections, but existing shareholders still have the opportunity to participate in this Offering [3]. Use of Proceeds - Net proceeds from the Offering are intended for working capital and general corporate purposes, including inventory purchases, deployments, product/engineering, and sales & marketing initiatives [4]. - The allocation of proceeds is as follows: - Inventory Purchase and Customer Deployments: $1,600,000 (assuming 100% of the offering) - General and Administrative Expenses: $745,000 (assuming 100% of the offering) [5]. Closing and Conditions - The Offering is subject to customary conditions, including acceptance by the TSX Venture Exchange, and may close in one or more tranches [6]. - All securities issued will be subject to a statutory hold period of four months plus one day from the closing date [6]. Insider Participation - Coenda Investments Holding Corp. has the right to maintain its interest in the Company by participating in the Offering, with a notification deadline of December 5, 2025 [9]. - Other insiders may also participate, and such participation is expected to be exempt from formal valuation and minority shareholder approval requirements [9]. Company Overview - INEO Tech Corp. operates at the intersection of in-store retail media and loss prevention, with a focus on digital signage and retail analytics through its subsidiary INEO Solutions Inc. [10]. - The company’s patented technology integrates Electronic Article Surveillance (EAS) with digital displays to help retailers reduce theft while generating media revenue [10].
CI&T Report Shows That Over 60% of UK Consumers Already Use AI When Shopping, but Few Are Impressed by Retailers' Efforts
Businesswire· 2025-12-01 09:00
Core Insights - 61% of consumers utilize AI for shopping, indicating a significant adoption of technology in retail [1] - Despite the high usage of AI, 68% of consumers are unable to identify a single standout experience, highlighting a gap in trust and execution within the industry [1] Group 1 - A majority of 61% of shoppers are engaging with AI technologies in their shopping experiences [1] - There is a notable disconnect as 68% of consumers cannot name a standout experience, suggesting that while AI is used, its effectiveness and impact are not being recognized [1]
U.S. Retail Traffic Was In-Line With Year-to-Date Trends on Black Friday, According to Sensormatic Solutions ShopperTrak Analytics
Businesswire· 2025-11-29 18:02
Core Insights - U.S. retail traffic on Black Friday 2025 was slightly down by 2.1% compared to 2024, but aligned with the year-to-date trend of -2.2% [1][6] - Shopper traffic on Black Friday (Nov. 28) saw a significant increase of 248.9% compared to the previous Friday (Nov. 21) [1][6] - The peak shopping times for Black Friday were identified as early afternoon, particularly between 2 and 4 p.m., with 3 p.m. being the busiest hour [2] Retail Trends - Retail traffic has been steadily increasing throughout the second half of 2025, starting from the back-to-school season, indicating a positive trend for the holiday season [2] - Black Friday is anticipated to remain the busiest shopping day of the year, as consumers take advantage of peak discount days for big-ticket items [2] - Predictions suggest that the busiest days of the holiday season will occur in the final days leading up to Christmas, with a sustained high-traffic period expected due to the holiday falling on a Thursday [3] Future Outlook - The successful Black Friday weekend is seen as a kickoff for a prosperous holiday season and a strong start for 2026 [4] - Historical data indicates that 77% of retailers who performed well in shopper traffic during the holiday season continued to outperform in the first half of the following year [4]
INEO Announces Suspension of Rights Offering
Newsfile· 2025-11-28 12:00
Core Viewpoint - INEO Tech Corp. has suspended its rights offering due to the withdrawal of conditional approval from the TSX Venture Exchange, following a shareholder complaint regarding the offering's structure and its impact on shareholder interests [1] Company Overview - INEO Tech Corp. operates at the intersection of in-store retail media and loss prevention through its subsidiary INEO Solutions Inc. [2] - The company manages the INEO Media Network, a digital signage and retail analytics platform, and INEO Retail Media, which focuses on advertising across in-store screens [2] - INEO's technology integrates Electronic Article Surveillance (EAS) pedestals with digital displays, helping retailers reduce theft while generating additional media revenue [2] - The company is headquartered in Surrey, British Columbia, Canada, and is publicly traded on the TSX Venture Exchange and OTCQB [2]
INEO Announces Filing of a Rights Offering Circular
Newsfile· 2025-11-25 00:25
Core Viewpoint - INEO Tech Corp. has announced a rights offering to raise up to $1,683,357, allowing shareholders to purchase additional common shares at a subscription price of $0.01 each [2]. Group 1: Rights Offering Details - The rights offering will provide one right for each common share held by shareholders as of the record date of December 2, 2025 [2]. - The rights will be tradable on the TSXV under the symbol "INEO.RT" from December 2, 2025, until December 29, 2025, after which unexercised rights will be void [4]. - Shareholders who fully exercise their rights will have the opportunity to subscribe for additional common shares if available due to unexercised rights [4]. Group 2: Change of Control Provisions - Certain change of control payments are due to the CEO and Chairman if any party acquires 50% or more of the common shares, including a payment equal to three years' salary and immediate vesting of stock options [3]. - To avoid triggering these change of control rights, the company will limit the number of common shares issued so that no subscriber acquires 49.99% or more of the outstanding shares [3]. Group 3: Use of Proceeds - Proceeds from the rights offering are expected to be allocated for inventory purchases, customer deployments, payment of current liabilities, and general administrative expenses [7]. Group 4: Company Overview - INEO Tech Corp. operates at the intersection of in-store retail media and loss prevention, offering a digital signage and retail analytics platform through its subsidiary [9]. - The company is headquartered in Surrey, British Columbia, and is publicly traded on the TSX Venture Exchange and OTCQB [9].
Swiftly Teams Up with 7-Eleven, Inc. to Lead the Alcohol Cashback Market
Businesswire· 2025-11-24 14:12
SEATTLE--(BUSINESS WIRE)--Swiftly, a leading retail technology platform, today announced a major new collaboration with 7-Eleven, Inc., marking another milestone in its rapid expansion and cementing its dominance in the alcohol cashback market. The program has officially launched nationwide and is now available across participating 7-Eleven® and Speedway® stores nationwide, bringing Swiftly's innovative Alcohol Cashback solution to over 10,500+ convenience retail locations and millions of shopp. ...
Alpha Modus Files Coordinated Patent Enforcement Actions Against V-Count and Stratacache, Advancing the Standardization of In-Store AI Infrastructure
Globenewswire· 2025-11-24 13:13
Core Viewpoint - Alpha Modus, Corp. has filed two patent infringement lawsuits against V-Count Global Holding Ltd. and Stratacache, Inc. to protect its core patents related to retail technology and shopper behavior analytics [1][4][5] Patent Infringement Lawsuits - The lawsuits are filed in the Eastern District of Texas and the Central District of California, asserting infringement of patents that are foundational to Alpha Modus' retail intelligence technologies [1][4][5] - The patents in question include U.S. Patent Nos. 10,853,825; 10,977,672; 11,042,890; 11,049,120; 11,301,880; 12,026,731; 12,039,550; 12,354,121; and 12,423,718, which cover various aspects of shopper behavior analytics and store operations [4][5][8] Technology and Development - Alpha Modus has developed its patented systems over more than a decade, focusing on real-world retail applications rather than litigation [3][9] - The company's technologies include real-time customer analytics, inventory management, and personalized marketing, which are integral to modern retail operations [7][10][11] Ecosystem and Market Position - The company emphasizes the importance of enforcing its patents to maintain a fair and standardized ecosystem in the retail technology industry [3][9] - Alpha Modus is expanding its commercial and licensing footprint, with plans for national sales expansion in 2026 [10]