The Mini-Mart retail concept has been created by convenience store chain Choice Market in partnership with Health Hospitality Partners (HHP) as a cashier-less way for hospital employees and patients alike to gain access to essentials.
The retail concept will be launching first at the University of Colorado Anschutz Medical Campus starting in the second quarter of 2022 before being rolled out more widely. The store will utilize artificial intelligence (AI) technology and cameras to help shoppers simply pick up what they need without having to check out.
Founder and CEO of Choice Market Mike Fogarty commented on Mini-Mart saying, "We couldn’t be more excited to announce this partnership with HHP and CU Anschutz. At Choice, we firmly believe that food is medicine, and this innovative format will provide doctors, nurses, students, patients and families with 24/7 access to high-quality and nutritious options. This is truly a game-changer in the health care hospitality sector."
Cashier-Less Hospital Convenience Stores
Mini-Mart Will Start Launching in Q2 2022
Trend Themes
1. Cashier-less Convenience Stores - Opportunity for other convenience store chains to partner with healthcare facilities to provide 24/7 access to essential items through cashier-less technology.
2. AI-powered Retail - Potential for more retailers to incorporate AI technology and camera systems to create a frictionless shopping experience.
3. Food as Medicine - Potential for healthcare facilities and food retailers to collaborate to offer nutritious options to patients, healthcare providers, and their families for improved health outcomes.
Industry Implications
1. Retail - Opportunity for other retailers, particularly convenience store chains, to take advantage of cashier-less technology to optimize convenience and efficiency.
2. Healthcare - Opportunity for healthcare facilities to collaborate with retailers to provide greater access to necessities for patients, visitors, and staff through innovative retail solutions.
3. Food and Beverage - Potential for food and beverage companies to capitalize on the trend of food as medicine by offering more nutritious options through strategic partnerships with healthcare providers.