Will Amazon Roll Out Bigger Cashier-less Amazon Go Stores?

When the tech giant Amazon rolled out its Amazon Go stores, the company was on the verge of changing traditional retail as it did with the E-commerce space.

These stores allow customers to pick up items and they don't have to go to a cashier, instead, they are charged automatically for the items they leave with.

However, the first Amazon Go stores in Seattle, Chicago, and San Francisco were delayed in 2017 because the company struggled with having more than 20 people inside.

According to a recent report from the "Wall Street Journal," the store's technology has trouble in "bigger spaces with higher ceilings and more products.”

But that isn't stopping Amazon from developing larger spaces with more products and the company has started testing in “a larger space formatted like a big store," as "WSJ" reports.

Watch the recent episode of The Barron Report above to learn more about the Amazon Go stores and how these cashier-less stores are changing the retail space forever.

The company has said that it isn't going to use this technology at Whole Foods, the organic grocery chain it acquired in June 2017.

But could that have changed after the success of Amazon Go stores?

Read more about Amazon potentially expanding the size of its Amazon Go stores at “The Verge” now.

Nonetheless, Amazon has aggressive plans to roll out up to 3,000 of cashier-less stores by 2021.

But these stores aren't just a threat to grocery stores and convenience stores. Many of the cashier-less Amazon Go stores offer grab-and-go food options and these stores have become the most popular during the workweek, especially at lunchtime. This means these stores are taking away the restaurant business.

Walmart is also testing a cashier-less concept at Sam's Club stores where shoppers will use an app to scan items as they shop.

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Amazon Plans to Open Up to 3,000 Cashier-Less Convenience Stores by 2020

Amazon Go store

Watch out 7-Eleven and CVS, Amazon is making an aggressive push into the convenience store industry.

The tech giant's brick-and-mortar concept Amazon Go already has three stores open with two in Seattle and one in Chicago, but the company has plans to roll out as many as 3,000 by 2020, according to "Bloomberg."

These stores are fueled strictly by technology. There are no human cashiers or even kiosks. Thanks to sensors and automation software, a customer can shop and checkout with minimal effort.

"Customers scan their Amazon accounts with their smartphones when walking in, and from there they can shop for sandwiches, salads, groceries, and household goods. Sensors and software that’s trained to analyze and perceive what items get removed from shelves are able to update your shopping cart in real time, while checkout happens automatically once you leave the store," writes "The Verge."

More Amazon Go stores will be open in San Francisco and Chicago this year. The company plans to open at least 10 stores by the end of 2018.

Amazon's CEO Jeff Bezos said the company is also planning to have different configurations of the stores too. Some will have more packaged meals, while others will have more grocery selections.

But packaged foods are proving to be easier for Amazon's sensors to track.

"If Amazon narrows the focus of some Go stores in its expansion to packaged meals for on-the-go consumers, it could increase the profit margins of each new location and help Amazon open locations faster, as packaged goods are easier to track with fewer sensors and cameras," writes "The Verge."

Should convenience stores and fast food restaurants be threatened by Amazon entering the on-the-go food space?

Stay tuned for a special episode of The Barron Report where Foodable Network's Founder Editor-in-Chief, and Executive Producer Paul Barron explains why the fast casual segment should be threatened too.

Also check out the video below to watch a recent episode of The Barron Report to learn more about the Amazon Go stores and how these cashier-less stores are changing these retail space forever.

Read more about the Amazon Go stores at "The Verge" now.