Amazon Isn’t The Only Retailer Trying To Get Rid Of The Checkout Line. Here’s What Others Are Doing
You’re already running five minutes late — but you desperately need a bite to eat. You swing into the nearest convenience store, grab a sandwich and walk right out. Figuring out this type of in-and-out shopping experience was a major theme at this week’s National Retail Federation convention in New York. The conference came one month after Amazon teased a futuristic convenience store that eliminates the checkout and will open to the public early this year. The store, called Amazon Go, uses cameras and sensors to detect when an item is pulled from the shelf. Though the online seller has been mum on the details for how its store will work — or what it will cost — retail and technology experts concluded that the concept could be replicated by traditional retailers. Yet with one of those firms estimating the cost to be millions of dollars per store, retailers are instead looking for ways to bring some of its attributes into the real world. Read more at CNBC.
