Bezos Upbeat on Amazon Go Physical Stores

Bezos Upbeat on Amazon Go Physical Stores

Bezos Upbeat on Amazon Go Physical Stores

Comments Off on Bezos Upbeat on Amazon Go Physical Stores
Bezos Upbeat on Amazon Go Physical Stores

Amazon chief executive Jeff Bezos said Thursday he sees a bright future in the company’s cashierless retail stores and that many consumers see the experience as “magical.”

In his annual letter to shareholders, Bezos was upbeat about the prospects for Amazon Go, the stores where customers use an app to check out, with purchases scanned in the store and billed electronically to eliminate the need for cashiers.

“For many years, we considered how we might serve customers in physical stores, but felt we needed first to invent something that would really delight customers in that environment,” he wrote.

“No one likes to wait in line. Instead, we imagined a store where you could walk in, pick up what you wanted, and leave.”

Bezos said the implementation was complex, with specially designed cameras and shelves and new computer vision algorithms.

“The reward has been the response from customers, who’ve described the experience of shopping at Amazon Go as ‘magical,'” he said.

“We now have 10 stores in Chicago, San Francisco, and Seattle, and are excited about the future.”

The letter made no mention of concerns raised by some activists that cashier-less and cashless stores could shut out people lacking smartphones and bank accounts.

Bezos separately challenged other retailers to match Amazon’s move for a minimum wage of $15 (roughly Rs. 1,040) an hour announced last year.

“We had always offered competitive wages. But we decided it was time to lead – to offer wages that went beyond competitive,” Bezos said in his letter.

“Today I challenge our top retail competitors (you know who you are!) to match our employee benefits and our $15 minimum wage. Do it! Better yet, go to $16 and throw the gauntlet back at us. It’s a kind of competition that will benefit everyone.”

Climate change appeal
Aside from wages, a group of Amazon employees this week called on the company to be a role model for corporate action fighting climate change.

“Amazon’s leadership is urgently needed,” read an open letter to Bezos and the Amazon board signed by 4,520 company workers when it was posted on Wednesday.

“We believe this is a historic opportunity for Amazon to stand with employees and signal to the world that we’re ready to be a climate leader.”

Steps called for in the letter included a complete transition away from fossil fuels and making potential climate effects a priority in business decisions.

Amazon early this year promised to share details regarding its company-wide carbon footprint along with programs to reduce it, such as striving to make shipments “net zero carbon.”

“Amazon”s sustainability team is using a science-based approach to develop data and strategies to ensure a rigorous approach to our sustainability work,” the Seattle-based e-commerce giant said in response to an AFP inquiry.

“We have launched several major and impactful programs and are working hard to integrate this approach fully across Amazon.”

Amazon has a long-term goal of powering its worldwide infrastructure completely with renewable energy and has more than 200 operations scientists, engineers and product designers working exclusively on inventing ways to use its size “for the good of customers and the planet,”  the company said.

Anindita Ghosh

Related Posts

Google Gives Google+ Some Nips and Tucks

Comments Off on Google Gives Google+ Some Nips and Tucks

Is this Sony’s PlayStation answer to the Nintendo Switch?

Comments Off on Is this Sony’s PlayStation answer to the Nintendo Switch?

Linking Drivers and Customers the Easy Way

Comments Off on Linking Drivers and Customers the Easy Way

Facebook introduces live video streaming to take on Periscope

Comments Off on Facebook introduces live video streaming to take on Periscope

OnePlus X to be available via Ola app on December 8th

Comments Off on OnePlus X to be available via Ola app on December 8th

Tools And Techniques Used By Web Developers And Designers

Comments Off on Tools And Techniques Used By Web Developers And Designers

Verizon Ventures and R/GA partner to launch a digital media ‘venture studio’

Comments Off on Verizon Ventures and R/GA partner to launch a digital media ‘venture studio’

3 Essentials of a Business Website

Comments Off on 3 Essentials of a Business Website

Alleged NSA hack group Shadow Brokers releases new trove of exploits

Comments Off on Alleged NSA hack group Shadow Brokers releases new trove of exploits

Flipkart Mobile Bonanza Sale Starts Monday: Asus ZenFone Max Pro M1, Poco F1, Realme 2 Pro, Other Discounts Previewed

Comments Off on Flipkart Mobile Bonanza Sale Starts Monday: Asus ZenFone Max Pro M1, Poco F1, Realme 2 Pro, Other Discounts Previewed

Fiat Chrysler, Google Partner on Android-Based Car Infotainment System

Comments Off on Fiat Chrysler, Google Partner on Android-Based Car Infotainment System

Fujitsu admits defeat, spinning off PC, phone businesses struggling in brutal markets

Comments Off on Fujitsu admits defeat, spinning off PC, phone businesses struggling in brutal markets

Create Account



Log In Your Account