![]() Market holidays and trading hours provided by Copp Clark Limited. ![]() All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. ![]() Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. View all funding Compete with Cooler Screens Ensure that your company and products are accurately represented on our platform. That’s the reaction of customers, CNN reports, to the decision by retailers to replace see-through cooler doors with opaque digital alternatives that are activated by the presence of shoppers to provide product information, prices and special deals. 81.38M Investors Count 5 Funding, Valuation & Revenue 5 Fundings Cooler Screenss latest funding round was a Series C for on October 5, 2020. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. by George Anderson If it ain’t broke, don’t fix it. I still believe this technology will continue to proliferate, but I might have to bump my prediction timeline to 2022.Your CNN account Log in to your CNN account While 50 million shoppers is a lot of eyeballs, given Cooler Screens’ delay, I don’t think our grocery and drug stores will become the flashing, Vegas-like showrooms as I had predicted. ![]() Why have a plain ole see through glass cooler door when you could display what’s inside on a screen alongside sales promotions, upselling on complementary items (get a pizza with that soda!), and full-motion ads that can generate additional revenue? These screens and displays turn otherwise dead real estate into dynamic ad spaces. The appeal of technology like Cooler Screens and AWM Smart Shelf is pretty straightforward. With the expansions, Cooler Screens anticipates 50 million shoppers will engage with its screens by early August. In addition to Walmart, Cooler Screens has also signed up CVS and Kroger as customers. Portugals beautiful capital is a magnet for young travelers thanks to affordable rents, great nightlife and gorgeous streets, but the citys buzz and confidence are also rooted in the traditions. Having said that, the company has already expanded its presence to 100 stores across a number of different U.S. Cooler Screens raised $80 million from the likes of Verizon Ventures and Microsoft in October of 2020 and at that time had its technology up and running in 50 Walgreens stores across the Chicago area.Ĭooler Screens had planned on rolling out its screens to 1,400 Walgreens this year, but as the company told AdWeek, those expansion plans were delayed because of pandemic-related production issues. ![]() Also, don’t forget about the ads and cameras, I’ll get. The customer will need to hope that the motion-sensing cameras now placed atop each screen are working properly so the ads will stop and the screen will display what is in the cooler. AdWeek first reported the news last week, but since we are halfway through the year, the story seemed like a good opportunity to check in on one of my food tech predictions for 2021.īack in December of 2020 I predicted that grocery and convenience stores would become more like Vegas, thanks to big, bright screens from companies like Cooler Screens and AWM Smart Shelf. First, the customer will approach the rows of digital cooler screens all of which are playing ads. Cooler Screens, the company that turns the doors of grocery coolers and freezers into full-motion display screens, is expanding outside of Chicago to more stores across the U.S. ![]()
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