Amazon’s cashierless stores could ring up $6 billion of new revenue — but the personal data it collects about customers could be a game-changer (AMZN)
|09/21/2018||Posted by BusinessMediaguide.Com under General World News||
- Amazon is reportedly considering opening up to 3,000 additional cashierless convenience stores.
- Such an expansion of its Amazon Go chain could bring in billions of dollars in new sales, Baird Equity Research analyst Colin Sebastian said in a new note.
- The new stores could prove valuable to the company in other ways too, such as by offering new insights into its customers and by giving it a new product it could offer other retailers, Sebastian said.
Amazon could get a boost worth billions of dollars if it expands its network of cashierless convenience stores.