Amazon Go

Amazon is considering opening as many as 3000 new AmazonGo cashierless stores in the next few years, Bloomberg reports.

Citing “people familiar with matter [sic]”, Bloomberg says the expansion would threaten convenience chains like 7-Eleven, quick-service sandwich shops like Subway and Panera Bread, as well as small independent food stores and even taco trucks.

Amazon CEO Jeff Bezos believes that brick and mortar shopping, where most spending still occurs, can be reinvented if meal-time crowding can be eliminated, but he is still experimenting with possible solutions, according to one of Bloomberg’s sources.

The report suggests that Amazon is considering something somewhere between a fast-meal location like Subway or UK chain Pret A Manger, and a 7-Eleven convenience store offering a range of groceries as well as prepared meals.

Amazon has three AmazonGo stores, two in Seattle and one in Chicago. It plans to open more in Chicago, San Francisco and New York. Analysts say the cost of the stores could be one obstacle to any 3000-store expansion; the original AmazonGo in downtown Seattle required a $1 million investment in technology alone, so shoppers could scan in on entry, pick up what they needed and simply walk out.

Amazon declined to comment for the Bloomberg report, which can be read here.

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