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As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens

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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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The river that supplies 40 million Americans is down to 23% — and about to make a $25 million bet on one fish

1

As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens

2

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

3

The river that supplies 40 million Americans is down to 23% — and about to make a $25 million bet on one fish
RetailAmazon

Amazon brings the cashier-less store format to London, its first outside the U.S.

By
Bloomberg
Bloomberg
and
Matt Day
Matt Day
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By
Bloomberg
Bloomberg
and
Matt Day
Matt Day
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March 4, 2021, 10:04 AM ET

Amazon is opening a cashier-less convenience store in the U.K., the first expansion of the company’s automated checkout technology outside the U.S.

The Seattle company said it will debut a 2,500-square foot Amazon Fresh-branded store in London on Thursday. The store, like its U.S. counterparts, will use an array of cameras and other sensors to track shoppers as they pull items off the shelves, and charges a credit card on file after they exit. The stores represent the retail and technology giant’s biggest effort to reshape physical retailing. Amazon is also offering to license the system, which it calls Just Walk Out technology, to other companies.

The shop, in the Ealing area of London, is the company’s first physical store outside the U.S. Amazon has opened 26 cashierless convenience stores under the Amazon Go brand in its home country, and two larger versions called Go Grocery, according to its website. An Amazon spokesperson said there were no plans to change the branding of the U.S. stores. The company also operates a new line of U.S. grocery stores with conventional checkout lines called Amazon Fresh.

As part of the launch, the company also introduced a new private label food brand in the U.K., called “by Amazon,” to be sold in the store.

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