Amazon Has Big Ambitions in Cashierless Retail, but Can They Be Profitable? [TheStreet.com]
Amazon.com, Inc. (AMZN)
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Source: TheStreet.com
Amazon is reportedly testing Amazon Go, its cashierless convenience stores, in bigger locations. But just how costly -- and profitable -- could the model be for Amazon? Annie Gaus Dec 3, 2018 3:35 PM EST Amazon Go is poised to grow. Amazon's cashierless convenience stores can be found in three cities in the U.S., but the commerce giant is testing a much larger version of the concept, according to the Wall Street Journal. Using a location in Seattle as a test bed, Amazon ( AMZN ) is testing how the cashierless model -- a system that requires an extensive network of cameras, sensors and software -- would work in larger stores with more inventory and more challenging attributes such as high ceilings. Just how big are Amazon's ambitions in cashierless shops? One report from Septe
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- Amazon.com (NASDAQ:AMZN) was given a new $300.00 price target on by analysts at UBS Group AG.MarketBeat
- MacKenzie Scott is trying to close the DEI gap in higher ed, with $155 million in donations this week alone [Fortune]Fortune
- Amazon.com (NASDAQ:AMZN) had its "outperform" rating reaffirmed by analysts at BMO Capital Markets.MarketBeat
- MacKenzie Scott's Higher Ed Philanthropy Tops $1 Billion For The Year [Forbes]Forbes
- Amazon.com (NASDAQ:AMZN) had its "overweight" rating reaffirmed by analysts at KeyCorp.MarketBeat
AMZN
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- 11/25/25 - Form 4
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