* With 3.3B smartphone users worldwide, AR is being positioned to be used and operated through mobile devices. The market size of the AR service market is expected to be worth $50B by 2024, but with the heaviest emphasis on AR maps. As retailers move into the AR space to sell products and provide customer experiences, that estimate will be multiplied.
Ironbound Action: Wegmans supermarket consistently ranks as one of Americas favorite supermarkets. They have grown from a single store, founded in 1916, to ninety-nine stores across six states with over 49,000 employees. Their success stems from excellence in community service, fulfilling the needs of employees, providing their best to customers, and pledging continuous improvements. As Wegmans expands into new markets, they convert new customers into loyal fans. Cool brands do more than just sell or solve a pain point, they create real positive meaning to all those around them.
*Wegmans is one of the largest privately-owned supermarket chains with annual revenues in excess of $9 Billion, which ranks them 28th in sales across top supermarkets in the US. They have the largest market share in the regions they operate in.
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