Amazon may open 3000 stores by 2021

Amazon could open as many as 3000 Amazon Go stores by 2021, a report says, as it pushes a massive expansion of its retail efforts.

Pedestrians in front of a new Amazon Go store in Chicago

The ecommerce giant could open up to 3000 Amazon Go stores by 2021. (AAP)

Amazon is considering a massive expansion of its Amazon Go retail store initiative.

The e-commerce giant may open as many as 3,000 such stores by 2021, according to a new Bloomberg report.

Amazon opened its first Amazon Go store in its hometown of Seattle in 2016. The store offers consumers a cashier-free shopping experience and tracks purchases through video cameras and sensors in store shelves.

Amazon's first such store was positioned as a regular grocery store with limited inventory.

The company is now considering narrowing its focus even further to freshly-prepared foods that would appeal to lunch-time crowds -- something that one of Bloomberg's sources likened to the UK chain Pret-a-Manger.

The new chain would be a massive expansion of Amazon's retail efforts, which also include Whole Foods as well as bookstores and in-mall kiosks.

In the past, Amazon has shown that it likes to use these stores to peddle other products that also benefit its media initiatives.

Whole Foods, for instance, started selling Amazon Echo smart speakers almost immediately after the $US13.4 billion acquisition of the grocery chain closed in August 2017.


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Source: AAP



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