Reports have emerged that online retail behemoth Amazon is planning to open many as six more Amazon Go stores this year. The news was first revealed by technology website Recode , which said “multiple sources familiar with the company’s plans” have said the new high-tech, cashierless grocery stores are likely to open in Seattle and Los Angeles. Amazon is reportedly eyeing at least three locations in Seattle, where the first Amazon Go is based and where the company has its global headquarters.
Ocado has seen profits plummet, reporting an overall loss for the full year despite seeing sales rise as it continued to ramp up investment in its technology arm. For the year to December 3, the online-only grocer saw sales rise 12.4 per cent, but it endured a major drop in pre-tax profits, reporting a loss of £500,000 compared to a £12 million profit in the prior year. Retail earnings over the period also rose 4.5 per cent to £79.2 million, while order numbers rose 14.3 per cent to a 263,000-order average per week
Amazon has been awarded a patent for a smartwatch-like wristband which tracks its warehouse workers’ movements and monitors their performance. The system reportedly has three parts.
Maplin has introduced a new scheme where customers can pay later or spread the cost over time for items ordered online. This new initiative sees the technology retailer partnering with financial technology supplier Klarna to use their Pay Later and Slice It service
It’s 7am on a brisk Seattle morning, while most of the city is waking up to start their working week, a keen few were lining up to experience Amazon’s futuristic new grocery store, Amazon Go. The irony of this queue speaks to the hype surrounding the store’s launch.
Despite Amazon Go only being open since Monday, some major problems have already arisen as journalists report cases of accidental shoplifting. Amazon’s new concept store in Seattle uses thousands of cameras to track what shoppers have placed in their baskets, allowing them to leave without visiting a cashier and charging their Amazon accounts automatically. However, it seems the system is not fool proof.
We promptly confessed to Amazon, and VP of Amazon Go Gianna Puerini in return offered a hall pass and assurance in the technology.
Technology retailer Dixons Carphone is expected to report slowing sales amid its Christmas trading report next week. Analysts have predicted that sales for the 10 weeks to January 6 will drop to two per cent growth. This is one per cent less than the previous quarter, and less than half of the sales growth seen in the same period a year prior.
Waitrose has received a raft of complaints on social media following a card system failure which meant customers across its stores were unable to pay by credit card. On Tuesday evening, one of the worlds largest providers of card terminals Verifone saw its system crash in France and the UK. Customer service brilliance from @waitrose .
The apparel rental company is hoping the technology will improve customer experience and speed up the pick up and drop off process.