Amazon has announced the opening of a new, larger Amazon Go cashier-less grocery store in downtown Seattle, the company's hometown.
Amazon on Tuesday announced the opening of a new, larger Amazon Go cashier-less grocery store in downtown Seattle, the company's hometown.The Costco Connection is America's fourth biggest magazineIt's the latest step in Amazon's grocery push and signals Amazon has"doubled down" on becoming a larger player in the industry, said Bill Bishop, co-founder of retail and grocery consulting firm Brick Meets Click.
"Although Amazon has succeeded online, stores are crucial in the grocery industry because only a fraction of Americans buy fresh food online. Also, shipping and delivery are expensive. And if Amazon can run its Go stores with thin staff, that can help the company save money, too."The US grocery sector has remained sheltered from the forces of e-commerce," McKinsey & Co. analysts said in a report Tuesday.So Amazon needs a brick-and-mortar footprint.
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