A push towards advanced checkout tech.
Report: Amazon Go could become $4 billion business
Analyst says cashierless retail concept “could be a game changer”
By Russell Redman in Supermarket News
The sales opportunity for Amazon Go cashierless stores could top $4 billion by 2021 if reports on the high-tech retail concept’s expansion bear out, according to an RBC Capital Markets analysis.
In a research note, RBC estimated average annual sales of $1.5 million apiece for the current nine Amazon Go stores. A Bloomberg report in September said Amazon.com Inc. may open up to 3,000 Amazon Go outlets by 2021. Based on the per-store sales estimate by RBC, that would translate into a $4.5 billion business over the next several years. .... "
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