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Will Amazon do to the grocery industry what it did to e-commerce?
Ralf W. Seifert and Richard Markoff 14 Jun 2018
Customers at the concept store in Amazon's hometown of Seattle, Washington, can fill their shopping carts and walk out -- with the costs automatically tallied up and billed to their accounts with the US online giant.
Introducing #AmazonGo, a new kind of store with no lines and no checkout. https://t.co/WMii0bWevi pic.twitter.com/OmZdzobA5F
— Amazon (@amazon) December 5, 2016
"Our Just Walk Out technology automatically detects when products are taken from or returned to the shelves and keeps track of them in a virtual cart. When you're done shopping, you can just leave the store.
Shortly after, we'll charge your Amazon account and send you a receipt."
The 1,800-square-foot (170-square-meter) store is selling a variety of food products, including bread, cheeses and ready-to-eat meals, as well as Amazon Meal Kits, which contain ingredients for home-cooked dishes.
It was not immediately clear whether Amazon will expand this model with more physical stores or offer the technology to other retailers.
The online giant has been rumored to be looking at creating brick-and-mortar stores but so far has only announced a handful of outlets selling books.
The Wall Street Journal cited people close to the matter as saying that Amazon Go was one of several store formats the retail giant is considering.
Two prototype drive-through locations in Seattle without in-store shopping options are set to open in the coming weeks, the Journal reported.
Depending on the success of the test locations, Amazon could reportedly open more than 2,000 brick-and-mortar grocery stores under its brand.
If it does push forward with selling fresh food in stores, Amazon could put a lot of pressure on traditional grocers and superstores like Wal-Mart.
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