Michigan-based Greenfield Capital Group has invested in AI Tea Smart Tea Workshop, a fully automated smart tea shop. AI Tea signed contracts to invest in the transformation of tens of thousands of stores for more than 10 tea chain brands, with plans to open new stores in San Francisco, Los Angeles, Seattle, and New York, as well as Vancouver, Canada.
The number of chain stores currently under the contracted tea brands is about 10,000, and AI Tea will complete the transformation for 2,000 stores by the end of 2019. The brand also plans to collaborate with celebrities to launch 10 celebrity tea brands in 2019 and sell third-party products through its stores, including physical goods, electronic goods, and advertising media. The company expects that sales of third-party goods will reach 20 percent of tea sales in 2019.
According to AI Tea, the modified stores will be able to produce ultra-high-quality tea products, reduce labor costs by 80 percent, achieve high standards of hygiene, and reduce one-third of the required operational area. Customers order self-service through the mobile app, and the robot immediately starts to make milk tea, which is directly sent to the take-out cabinet by the robot. The process takes only about 60 seconds.
Related: Brewers, Liquor Companies Look for Non-Alcoholic Alternatives; Online Subscription Tea Service Launches.
from Industry Operations http://bit.ly/2IK8d9H
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