Thursday, September 20, 2018

Amazon reportedly eyes opening Around 3,000 cashier-free Amazon Go Shops by 2021

The first Amazon Go store in Seattle.

(GeekWire Photo / / Kaitlyn Wang) The fourth largest Amazon Go store only opened, but a new report claims that a lot more could be on the horizon. According to Bloomberg, Amazon is thinking about opening up to 3,000 locations of its cashier-less Amazon Go concept by 2021. To get to this massive amount in only two to three decades will require Amazon to dramatically up its expansion rate. The original store opened in January at the bottom of Amazon’s Day One officer tower. Store number two at the Madison Centre office building in downtown Seattle didn’t start for the next seven weeks. The third location opened a week after in one of Amazon’s office buildings at 300 Boren Ave. N. in the South Lake Union area. Amazon also recently opened the very first Amazon Go store outside of Seattle at Chicago. Amazon has committed to opening stores in New York and San Francisco. So as for Amazon to get to 3,000 stores by the beginning of 2021, it would need to open around 107 stores per month. To get to this figure by the end of 2021, it might need to start about 77 stores a month. Amazon Go threatens traditional convenience store businesses such as 7-Eleven, in addition to string fast food sandwich and lunch chains such as Subway. For contrast, you’ll find near 67,000 7-Eleven locations around the globe.

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