Amazon Go technology could come to Whole Foods in 2021 - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

ICYMI: Whole Foods could serve as a testing ground for Amazon to convince merchants to license its in-store technologies

Amazon can use Whole Foods to prove to merchants that its technologies work and are worth licensing. Retailers could be wary of working with Amazon since it has relatively little experience with brick-and-mortar technologies and may be competing with them through its online marketplace. But Whole Foods' hundreds of stores enable Amazon to show if its tech works and appeals to consumers in live retail environments, potentially convincing merchants to license Amazon's offerings.

If the pandemic stretches on, Amazon's offerings could attract retailer interest. The coronavirus pandemic has raised interest in payment experiences, and autonomous checkout should be particularly appealing since it removes the physical checkout process entirely. that autonomous checkout technology providers would miss out on this opportunity this year due to technological shortcomings — but if Amazon rolls out its tech in 2021, and the pandemic continues, merchants may be eager to adopt Amazon's offerings and provide consumers with a truly contactless checkout experience.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside Citadel's remote summer internship at a luxury Wisconsin resort - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. $400/night they were putting these kids in a motel 6
Source: BusinessInsider - 🏆 729. / 51 Read more »

Ad insiders compare Walmart's advertising business with Amazon - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Why women-owned businesses anticipate a tougher recovery than their male-owned counterpartsFewer female business owners now expect an increase in revenue in 2021, while male business owners saw no such drop, a U.S. Chamber of Commerce survey finds.
Source: Women 2.0 - 🏆 149. / 63 Read more »

Watch Elon Musk's AI brain chip startup Neuralink debut its massively hyped technology - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. don't kill that piggy
Source: BusinessInsider - 🏆 729. / 51 Read more »