Amazon could open 3,000 Go stores by 2021
One week after opening its first Amazon Go store outside Seattle, reports point to an ambitious growth plan for the next three years.
After announcing the opening of its fourth store, Amazon is said to be planning the development of 3,000 Amazon Go stores by 2021, reported Bloomberg.
The online retailing giant is taking huge steps towards becoming a brick-and-mortar retailer. According to the report, they will have 10 stores open by the end of the year, about 50 locations in major metro areas in 2019, and as many as 3,000 by 2021.
Traditional U.S. convenience store operators such as 7-Eleven will be looking over their shoulder – Amazon, the second company to ever hit a trillion dollar value in the U.S. stock market, poses a serious threat.
Amazon Go is a modern concept with virtual shopping carts and no cashiers offering a speedy transaction. The existing locations primarily sell grab-and-go food items such as prepared sandwiches, salads, yogurt and granola bars.
After fixing a series of glitches, such as problems with putting items back on the shelve, that put on hold the public opening of its first 1,800-square-foot store in Seattle, Amazon has roll out three more sites. The last one opened its doors on September 17 in Chicago.
