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takyon [soylentnews.org] writes:

Amazon Will Consider Opening Up to 3,000 Cashierless Stores by 2021 [bloomberg.com]

Amazon.com Inc. is considering a plan to open as many as 3,000 new AmazonGo cashierless stores in the next few years, according to people familiar with matter, an aggressive and costly expansion that would threaten convenience chains like 7-Eleven Inc., quick-service sandwich shops like Subway and Panera Bread, and mom-and-pop pizzerias and taco trucks.

Chief Executive Officer Jeff Bezos sees eliminating meal-time logjams in busy cities as the best way for Amazon to reinvent the brick-and-mortar shopping experience, where most spending still occurs. But he's still experimenting with the best format: a convenience store that sells fresh prepared foods as well as a limited grocery selection similar to 7-Eleven franchises, or a place to simply pick up a quick bite to eat for people in a rush, similar to the U.K.-based chain Pret a Manger, one of the people said.

An Amazon spokeswoman declined to comment. The company unveiled its first cashierless store near its headquarters in Seattle in 2016 and has since announced two additional sites in Seattle and one in Chicago. 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. Two other stores, including the original AmazonGo, also have a small selection of groceries, making it more akin to a convenience store.

Can Bezos make the leap from $160 billion to $1 trillion?

Also at CNBC [cnbc.com] and The Verge [theverge.com].

See also: Amazon Thinks Big, and That Doesn't Come Cheap [bloomberg.com]

Previously: Amazon Go: It's Like Shoplifting [soylentnews.org]
"Amazon Go" Store Opens in Seattle [soylentnews.org]
Amazon Plans to Open as Many as Six More Cashierless Amazon Go Stores This Year [soylentnews.org]

Original Submission