Amazon reportedly plans to open 3,000 cashier-less stores by 2021

If Amazon intends to get that total up to 3,000 by the end of 2021, it needs to be opening 20 new stores a week from the beginning of 2019 onwards.

Amazon.com Inc (AMZN.O) is considering a plan to open as many as 3,000 new Amazon Go cashierless stores in the next few years, Bloomberg reported here on Wednesday, citing people familiar with the matter.

The first AmazonGo store in downtown Seattle-which opened to the public back in January-reportedly cost over $1 million in hardware alone, says an unnamed source speaking with Bloomberg.

Since then it has announced two additional sites in Seattle and one in Chicago, Bloomberg said.

If Amazon manages to open 1,000 new Amazon Go stores by 2021 I'd be impressed. The company opened its first Amazon Go stores earlier this year and its second last month. There is no checkout and no printed receipt, but customers must have a smartphone app to shop in the stores. Two of the new stores offer only a limited selection of salads, sandwiches and snacks, showing that Amazon is experimenting with the concept simply as a meal-on-the-run option.

More news: Amazon Echo event: Here's what to expect

Amazon did not immediately respond to FOX Business' request for comment.

That huge number of stores would make Amazon Go one of the largest retail chains in the country, and the third-largest chain of convenience stores by number of stores. The shares rose about 1 percent to $1,942.82 at 10:41 a.m.in NY. Amazon's other brick-and-mortar initiatives include about 20 bookstores around the United States and the natural grocery chain Whole Foods Market, acquired past year.

"Go's technology and offering furthers Amazon's efforts to build deeper, more integrated relationships with consumers, with the goals being to increase data capture and understanding of consumer demand and intent and ultimately drive higher/more frequent purchase behavior", they wrote.

Shoppers scan the Amazon Go app on the mobile devices as they enter the Amazon Go store in Seattle, Washington. The stores could also help Amazon become a bigger player in the pharmacy business because it agreed to buy PillPack, an online drugstore, in June. The first is on Amazon's campus in Seattle.

"Amazon Go already has no lines", Lenard said.

(Copyright © 2015. All Rights Reserved.)
 
Recommended

Meghan Markle's half-sister called her a "Ducha**" in Twitter rant
This gesture was just one way that Meghan has tried to keep up with the few remaining friends she has left. They end up having lots of 'acquaintances, ' or people who 'know them'".

Browns close to trading Josh Gordon to Patriots
As part of the condition, the 27-year-old Gordon reportedly must appear in at least 10 of New England's 14 remaining games. Instead, there was sufficient interest from other National Football League teams for them to negotiate trade parameters.

Anita Hill Speaks Out On Sexual Misconduct Allegations Against Brett Kavanaugh
Feinstein said she referred the matter to the Federal Bureau of Investigation and that the woman had requested confidentiality. Kavanaugh was with a friend, Mike Judge, when the incident occurred and Judge simply says Ford is "absolutely nuts".

Hurricane Florence: South Carolina evacuation before storm hits US
Nasa's satellites have been monitoring its strength and speed, as well as recording some incredible images of the massive storm. Florence's strongest winds were measuring 85 miles per hour , with a possible landfall as a major hurricane happening Thursday.

Osaka strikes it rich with another deal
If you're a female you should be able to do, even half, of what a guy can do, ' Ms Williams said. She drew applause praising Williams for calming a riled-up audience that booed the U.S.

Only Man City and Liverpool are challenging for title - Sarri
Last season Egypt global Mohamed Salah and Englishman Harry Kane were the two players that scored more than 40 goals in England. I thought he was one of the best in Europe. "If he wants to help us, I'm very, very happy".

Hurricane Florence could stall offshore in repeat of "Harvey"
In anticipation of the deadly hurricane more than 1.5million residents have been ordered to evacuate along the southeast coast. Another FEMA spokesman said: "I need to re-emphasise this is a risky storm".

Mirrorless Lexus ES Going On Sale In Japan This October
The Japanese government lead the way in 2016 when it adopted rules allowing automakers to use cameras instead of mirrors. Lexus has become the first automaker to replace door-mounted mirrors with cameras in a series-produced auto .

Hurricane Florence Dumps 'Epic Amounts of Rainfall' On US States
Radar is estimating that some areas between Wilmington and New Bern, North Carolina, have received over 30 inches of rain. Two other men were killed in Lenoir County, North Carolina - electrocuted in separate incidents, according to CNN .

Chelsea striker Giroud: Morata and I can be good for eachother
Luiz has made more than 200 first-team appearances during his two spells at Stamford Bridge. The Blues boast a 100 per cent record after five Premier League games this season.

IPhone XS, XS Max: Cost breakdown for US carriers
At a packed event yesterday Apple introduced three new iPhones and a re-designed Watch Series 4 so there's plenty to digest. The iPhone 8 Plus , on the other hand, will sell at Rs 69,900 for the 64GB variant and Rs ₹84,900 for the 256GB variant.

France's Lyon airport halts flights as police chase shuts down runway
Flights were halted and a man was arrested Monday after speeding onto an airport runway in Lyon , France , officials said. The driver speeds onto the runway only to abandon his vehicle as he is surrounded by officers.

'Danger To Life' Warning Issued For UK As Storm Helene Approaches
A "yellow" danger to life weather warning has been issued with Storm Helene set to hit the United Kingdom and Ireland next week. In a 2 p.m. advisory , forecasters said sustained winds remained at 60 miles per hour , down from 75 miles per hour Monday.

Messi scores hat-trick as Barcelona thrash PSV in Champions League
Lozano, 23, will be part of the PSV side which takes on Barca at Camp Nou when the Champions League returns on Tuesday. Barcelona lost to Roma in the quarterfinals of the tournament, blowing a 4-1 aggregate lead from the first leg.

Confirmed Dead Due to Hurricane Florence
A state of emergency is in effect in five coastal states - North Carolina, South Carolina, Georgia, Maryland and Virginia. Tom Ballance said his wife went to Atlanta and he stayed behind in their New Bern home with their three dogs and a cat.


More News

News
More News