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Amazon Will Consider Opening Up to 3,000 Cashierless Stores by 2021

  • Rapid expansion would rank it among biggest convenience chains
  • Retailer is testing different formats for AmazonGo strategy
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Amazon may open 3,000 new AmazonGo cashierless stores in the next few years. Bloomberg’s Spencer Soper reports.Markets: The Close." (Source: Bloomberg)
Updated on Inc. is considering a plan to open as many as 3,000 new AmazonGo cashierless stores in the next few years, according to people familiar with matter, an aggressive and costly expansion that would threaten convenience chains like 7-Eleven Inc., quick-service sandwich shops like Subway and Panera Bread, and mom-and-pop pizzerias and taco trucks.

Chief Executive Officer Jeff Bezos sees eliminating meal-time logjams in busy cities as the best way for Amazon to reinvent the brick-and-mortar shopping experience, where most spending still occurs. But he’s still experimenting with the best format: a convenience store that sells fresh prepared foods as well as a limited grocery selection similar to 7-Eleven franchises, or a place to simply pick up a quick bite to eat for people in a rush, similar to the U.K.-based chain Pret a Manger, one of the people said.