Amazon's Working on a New Way to Scale Its Next Big Service
Earlier this year, Amazon (NASDAQ: AMZN) started offering its Just Walkout technology as a service for other stores. The technology allows shoppers to grab anything they want off store shelves and automatically pay for it as they walk out the door.
One reason retailers may hesitate is there's a big upfront cost to installing the technology in their stores. Amazon reportedly spends $1 million on technology for its small-format Go stores. Supermarkets range between 10- and 20-times bigger than the average Go store, which means more technology and more complexity.
Amazon may have developed a solution for larger stores. It recently introduced the Dash Cart, which will roll out at its new Woodland Hills, California grocery store later this year. It uses cameras, scales, and a small computer embedded in the cart to offer a Just Walkout experience similar to the full system installed at Amazon Go stores.
Source Fool.com
