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RE: LeoThread 2024-10-05 09:19

in LeoFinance4 months ago

Key Takeaways:

  • Amazon has closed three of its Go convenience stores in New York, leaving only 17 stores across the nation.
  • The company has cut the number of Go storefronts it operates nearly in half since 2023.
  • Amazon has pulled the Just Walk Out technology from its grocery stores, citing a focus on smaller grab-and-go shops.
  • The company still licenses the Just Walk Out technology to third-party convenience stores and remains committed to the Go format and technology as a whole.
  • Amazon's decision to scale back on Just Walk Out technology is a strategic move to focus on other areas of its business, such as grocery delivery and physical retail expansion.