Instacart is winding down its Caper Cart smart shopping cart business, five years after acquiring Caper AI for $350 million. The company cited slower-than-expected retailer adoption as the reason for ending its investment.
Does Instacart's exit signal the end of the smart cart altogether, or will the technology eventually make a comeback? Chris Walton and Kelly Carey debate whether retailers should be investing in smarter shopping carts or focusing on the mobile technology customers already carry in their pockets.
Watch the full Fast Five episode here: https://youtu.be/mcQ6jr9fLqY
Instacart, Caper Cart, Caper AI, smart shopping carts, smart carts, grocery technology, retail technology, in-store technology, grocery innovation, mobile shopping, retail media, Schnucks, Weis Markets, Morrisons, Chris Walton, Kelly Carey, Omni Talk Retail, Fast Five Shorts
