Amazon reportedly acquired a retail space in London where their Amazon Go cashier-less store is set to rise.
The eCommerce giant did not reveal any details about their upcoming store, nor did they say how many stores they plan to put up. However, those privy to the information said that the company have been scouting for possible retail sites in the country that measure between 4,000 and 5,000 square feet.
They added that Amazon Go’s flagship store in the UK, and the first outside the US, will be located near Oxford Circus.
We can’t wait to see how it’s going to change the shopping habits of Londoners, considering their penchant for online shops as opposed to bricks-and-mortar stores.
Amazon Go and Sainsbury’s face off
A cashier-less store isn’t unheard of in this part of the globe thanks to the technology employed by local supermarket chain Sainsbury’s, which allows shoppers to scan items they want, put these in their shopping bags, and leave the store.
Amazon Go has a similar concept, except that it saves customers the trouble of scanning the items which they put into their bags.
Designed with cutting-edge technology that combines multiple sensors and a deep learning algorithm, Amazon Go makes shopping fast, fun and easy.
The only thing that the store’s customers are required to scan before entering its premises is the Amazon app on their smartphone.
Once that’s done, they can go about with their shopping. When they’re finished, Amazon will automatically charge their credit cards.
There are currently 10 Amazon Go stores in the US, but the company are looking at opening 3,000 stores by 2021.
Aside from expanding their cashier-less store, Amazon want to make sure that they continue to satisfy UK’s grocery market with their ready-to-eat meals and grocery delivery services via Amazon Pantry, Amazon Fresh and Amazon Prime Now.
What are your thoughts on Amazon Go’s UK expansion? Let us know in the comments below.
As always, to your continued success,
Dave & Matt