2018/09/19

Amazon considering opening up to 3,000 cashierless stores by 2021: Bbg
Reuters reports: "Amazon.com Inc (AMZN.O) is considering a plan to open as many as 3,000 new Amazon Go cashierless stores in the next few years, Bloomberg reported here on Wednesday, citing people familiar with the matter. [...] The Amazon Go store, which has no cashiers and allows shoppers to buy things with the help of a smartphone app, is widely seen as a concept that can alter brick-and-mortar retail."

Comment: Ok, let's get this out of the way first: I'm not saying this is the MOTB and I don't claim to know what the MOTB will be. That said, I think it is worthwhile to note trends and technologies that may become the MOTB.

I think this is a noteworthy development because it suggests a level of technology that allows people to shop without cash or traditional payment methods. They do, however, need to scan an app before entering the store. In other words, if you don't have the app, you can't buy anything. Commentators have been anticipating the rise of a cashless society for many years now and although we are not there yet, this development is bringing that day closer.  Let's keep an eye on this.

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