Amazon plans 3,000 high-tech shops

Amazon may open 3,000 cashierless stores by 2021 - as survey reveals it's now third in online ads

Amazon to open 3,000 brick-and-mortar stores by 2021

Bloomberg notes that with Amazon's focus on dense metro areas, those likely to be affected by the cashierless stores include businesses like Subway, Panera and Pret A Manger - restaurants that allow for quick eating or convenient takeaway.

The company now has three Amazon Go stores in Seattle, and plans to expand in Chicago, San Francisco and NY. Amazon has since opened that store to the public and added two more in Seattle. Though not giving a timetable or location details, Amazon also has confirmed plans to open Amazon Go outlets in San Francisco and New York City.

The American ecommerce giant was said last night to be considering a wider expansion of Amazon Go, a concept grocery shop that has no cashiers and uses an artificially intelligent motion-tracking system to record what shoppers buy.

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Amazon has been quite cautious in its roll-out of Amazon Go stores that replace the cashier with a smartphone app. At present, the two older locations have salads, sandwiches, snacks, and a small range of groceries; the newer ones don't offer groceries at present.

Amazon did not immediately respond to FOX Business' request for comment.

Amazon wants to have at least 10 stores open by the end of this year, then 50 in 2019, then possibly a rapid expansion to about 3,000 by 2021, Bloomberg reported, citing people with knowledge of the matter.

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The e-tail giant now has four Amazon Go stores: three in Seattle and one in Chicago, which opened on Monday.

News of the company's potential ambitions for Amazon Go sent shares of grocery and retail rivals lower. Fresh prepared foods, however, are supplied via an off-site Amazon facility rather than an in-store kitchen.

The person familiar with Go's development during its early stages said the sensor technology and other hardware installed in the first store in Seattle cost between $2 million and $3 million, and that the company was hoping to reduce costs for future stores. Shoppers rate location and a lack of lines as the most important factors when shopping for convenience, he said. Amazon also routinely loses money expanding internationally.

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Driving Amazon Go's checkout-free shopping experience is Amazon's "Just Walk Out" technology.

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