Amazon plans up to 3,000 cashierless stores by 2021

Amazon is planning a big move that will affect American jobs in a huge way

Opening multiple locations in proximity, like it's doing in Seattle, could also help Amazon reduce costs by centralising food production in one kitchen serving many stores.

As a matter of perspective, 7-eleven, the largest convenience store chain in the world operates 8,600 stores in the United States, and in 2017 generated $14.33 billion in United States sales alone.

Amazon Go is seen as a competitor to the already well-established chains of 7-Eleven convenience stores and Subway fast-food restaurants. Called Amazon Go, the store features what Amazon calls "just walk out" technology, using sensors and cameras to track what customers take off shelves and out of the store.

Adding 3,000 convenience stores would make Amazon Go among the biggest chains in U.S. The internet giant is considering plans to have about 10 locations open by the end of this year, about 50 locations in major metro areas in 2019, and then as many as 3,000 by 2021, said the people, who requested anonymity discussing internal plans. Whole Foods, for instance, started selling Amazon Echo smart speakers nearly immediately after the $13.4 billion acquisition of the grocery chain closed in August 2017. Kroger fell 1.5 percent, and Target declined 0.6 percent.

Amazon has been quite cautious in its roll-out of Amazon Go stores that replace the cashier with a smartphone app. The shares rose about 1 percent to $1,942.82 at 10:41 a.m.in NY.

Trump to Spain: Build a wall to keep out asylum seekers
The comments were made during a visit Mr Borrell made to the United States at the end of June, reports El Pais . Contractors have completed eight prototypes of President Donald Trump's proposed border wall with Mexico.

Gove refuses to condemn Hungary's Viktor Orban as Tories face backlash
Also, as Hungarian Foreign Minister Peter Szijjarto said, they will discuss issues related to energy sector and gas supplies. Though defiant, he was resigned to the outcome, saying the parliament seemed to have already made up its mind.

McCaskill to Vote 'No' on Kavanaugh
Ford's testimony would reflect her personal knowledge and memory of events", Grassley said. Ford tells the committee , so there is no reason for any further delay".

"We have no plans to open 2,000 of anything", a spokesperson said a few days after the newspaper's story published. After opening its first location in 2016, Amazon is now up to 16 locations.

Such an expansion could put Amazon back into an investment cycle.

Going from just four locations to 3,000 in a few years would constitute a massive jump and make Amazon a leading convenience store operator, rivaling 7-Eleven, Walgreens and CVS.

Amazon Go is the most distinctive of all of its physical stores. A fourth AmazonGo opened Monday in Chicago and there are plans to open a fifth in New York City. Some of the most recent Amazon Go locations feature only the prepared-food section without a grocery selection.

Related:

Comments

Latest news

Baby-aspirin risks overwhelm benefits in healthy elderly
For people trying to prevent a second heart attack or stroke, evidence in support of baby aspirin therapy remains strong. There was also a small increase in the number of cancer deaths in the aspirin-treated group, the New York Times reports.

Hazard asked to be left out of PAOK clash
You never know which players will be fit but you know you need the maximum availability from your squad'. Pellegrini wants Rice, who was partnered by Pedro Obiang, to produce a similar display on Sunday.

Cigna-Express Scripts merger OK'd by Justice Department
Cigna shares closed up 1.4 percent at $197.84, while Express Scripts shares closed up 3.7 percent at $95.23. The Justice Department was not immediately available to comment on the status of the CVS-Aetna deal.

Champions League: Liverpool makes headway in PSG home-opener
Liverpool are flying high, having made a flawless start to the Premier League season as they dream of silverware in 2018-19. Manchester City will attempt to land Europe's top prize when they start the Champions League campaign against Lyon.

Amazon probes leak of confidential customer data by staff
The publication cited brokers acting as intermediaries between the employees and the merchants seeking the important trade data. Several claims are under investigation, including at least one involving Amazon's USA employees.

OnePlus 6T leaked images reveal dual-rear cameras to continue
This new device could feature a new design with a smaller notch, an improved camera system and the addition of wireless charging. It was also reported that the OnePlus 6t will switch to a triple rear camera, but these renders tell a different story.

Saudi Arabia invited to be third partner in CPEC: Fawad Chaudhry
He claimed that the issues between the two countries are complicated and in order to resolve them, "we must engage". Then onwards, the relationship has been in downhill after Pak sponsored terrorists attacked army base in Pathankot.

Florence Unleashing a Flood of Pig Poop on North Carolina
We are with you all the way. "To all those impacted by this bad storm, our entire American family is with you and ready to help". As well as visiting New Bern, the president stopped by a Baptish church and helped serve food at a food distribution centre.

Red Dead Online Announced, But It Won't Be Available On Day One
Instead, it will initially release as a beta in November, accessible to everyone who purchased Red Dead Redemption 2 . Red Dead Online won't be playable as soon as Red Dead Redemption 2 arrives on October 26.

Pixel 3 and Pixel 3 XL cases appear in new photos
The renders give us a look at the substantially-sized notch on the Pixel 3 XL, and the lack of one on the smaller Pixel 3. The cases flaunt a fabric design and is extremely reminiscent of the protection Google produced for the Google Pixel 2 .

China's Ma reverses US job plan due to trade war
Jack Ma had said a lot of businesses in China and the United States will be in trouble in the short term. He has expressed a desire to follow in the philanthropic footsteps of Microsoft founder Bill Gates.

Moon departs North Korea after summit with Kim
After the excursion, Moon will fly directly back to Seoul, his spokesman said, ending his three-day visit to the North.

Putin explains how Russian jet was shot down off Syria
On Wednesday, Hezbollah's leader Hassan Nasrallah said the Shiite movement would stay in Syria "until further notice". Moscow would beef up security for Russian military personnel in Syria as a priority response, Putin said.

Timberwolves' Butler requests trade
If Jimmy Butler has his way, the Minnesota Timberwolves will trade him to one of three teams : Brooklyn, New York, or Los Angeles. So despite his request for a trade, it seems likely Butler will remain in Minnesota - and likely will for some time to come.

Man threatened to shoot child over 'Fortnite' loss
He allegedly told the youngster "I will come to your house tonight and f*** you up", ABC 7 reporter Stacey Sager tweeted. Police urge parents to monitor their children's video game playing and be aware of who their online opponents are.

Other news