Home » General World News » 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)

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)





Jeff Bezos

  • 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.

The company is considering opening some 3,000 Amazon Go read more >>>

Source:: BusinessInsider.Com

Comments are closed.